Mercantile Bank Corporation (NASDAQ:MBWM) Q1 2024 Earnings Conference Call April 16, 2024 10:00 AM ET
Company Participants
Nichole Kladder - First Vice President, Chief Marketing Officer
Bob Kaminski - President & Chief Executive Officer
Ray Reitsma - Chief Operating Officer & President of the Bank
Chuck Christmas - Executive Vice President & Chief Financial Officer
Conference Call Participants
Brendan Nosal - Hovde Group
Daniel Tamayo - Raymond James
Damon DelMonte - KBW
Operator
Good morning, and welcome to the Mercantile Bank Corporation 2024 First Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded.
I would now like to turn the conference over to Nichole Kladder, First Vice President, Chief Marketing Officer of Mercantile Bank. Please go ahead.
Nichole Kladder
Good morning, and thank you. Welcome to the Mercantile Bank Corporation's conference call and webcast to discuss the company's financial results for the first quarter of 2024.
Joining me today is Bob Kaminski, President and Chief Executive Officer; Chuck Christmas, Executive Vice President and Chief Financial Officer; and Ray Reitsma, Chief Operating Officer and the President of the Bank. We will begin with prepared remarks and a presentation reviewing the quarter's results and open the call to questions.
Before we begin, it is my responsibility to inform you that this call may involve certain forward-looking statements, such as projections of revenue, earnings and capital structure as well as statements on the plans and objectives of the company's business. The company's actual results could differ materially from any forward-looking statements made today due to factors described in the company's latest Securities and Exchange Commission's filings. The company assumes no obligation to update any forward-looking statements made during the call.
If anyone does not already have a copy of the first quarter 2024 press release and presentation deck issued by Mercantile today, you can access it on the company's website at www.mercbank.com.
At this time, I would like to turn the call over to Mercantile's President and Chief Executive Officer, Bob Kaminski. Bob?
Bob Kaminski
Thank you, Nichole, and thanks to all of you for joining us on the conference call today.
This morning, Mercantile released its first quarter 2024 earnings, which reflected a strong start to the year. For the quarter, Mercantile earned $1.34 per share on revenues of $58.2 million. We also announced a cash dividend of $0.35 per share payable on June 19, 2024.