Mercantile Bank Profit Margin 2010-2023 | MBWM
Current and historical gross margin, operating margin and net profit margin for Mercantile Bank (MBWM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Mercantile Bank net profit margin as of December 31, 2023 is 25.58%.
| Mercantile Bank Annual Profit Margins |
|---|
| Mercantile Bank Quarterly Profit Margins |
|---|
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Banks - Midwest | $0.615B | $0.304B |
| Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Huntington Bancshares (HBAN) | United States | $19.811B | 10.85 |
| Commerce Bancshares (CBSH) | United States | $7.286B | 15.65 |
| Wintrust Financial (WTFC) | United States | $6.177B | 10.35 |
| Old National Bancorp (ONB) | United States | $5.432B | 8.69 |
| UMB Financial (UMBF) | United States | $3.991B | 9.40 |
| Associated Banc-Corp (ASB) | United States | $3.297B | 10.22 |
| First Interstate BancSystem (FIBK) | United States | $2.899B | 10.73 |
| First Financial Bancorp (FFBC) | United States | $2.204B | 8.88 |
| First Merchants (FRME) | United States | $2.015B | 9.35 |
| Heartland Financial USA (HTLF) | United States | $1.851B | 9.53 |
| Lakeland Financial (LKFN) | United States | $1.563B | 17.97 |
| Enterprise Financial Services (EFSC) | United States | $1.479B | 8.32 |
| First Busey (BUSE) | United States | $1.297B | 11.39 |
| 1st Source (SRCE) | United States | $1.265B | 10.39 |
| Peoples Bancorp (PEBO) | United States | $1.065B | 7.94 |
| QCR Holdings (QCRH) | United States | $0.958B | 8.43 |
| German American Bancorp (GABC) | United States | $0.946B | 11.21 |
| Old Second Bancorp (OSBC) | United States | $0.635B | 7.07 |
| Independent Bank (IBCP) | United States | $0.523B | 8.13 |
| Macatawa Bank (MCBC) | United States | $0.491B | 11.92 |
| Farmers National Banc (FMNB) | United States | $0.465B | 7.94 |
| First Financial Indiana (THFF) | United States | $0.443B | 8.00 |
| MidWestOne Financial (MOFG) | United States | $0.338B | 12.05 |
| First Business Financial Services (FBIZ) | United States | $0.289B | 8.03 |
| Civista Bancshares (CIVB) | United States | $0.224B | 6.12 |
| Ames National (ATLO) | United States | $0.179B | 16.42 |
| Heartland BancCorp (HLAN) | United States | $0.178B | 8.90 |
| First Western Financial (MYFW) | United States | $0.165B | 20.22 |
| Ohio Valley Banc (OVBC) | United States | $0.108B | 9.38 |
| Fentura Financial (FETM) | United States | $0.106B | 7.56 |
| Eagle Bancorp Montana (EBMT) | United States | $0.104B | 11.55 |
| CSB Bancorp (CSBB) | United States | $0.100B | 7.30 |
| BNCCORP (BNCC) | United States | $0.077B | 13.67 |
| United Bancorp (UBCP) | United States | $0.071B | 7.91 |
| United Bancshares (UBOH) | United States | $0.057B | 6.67 |
| Central Plains Bancshares (CPBI) | United States | $0.041B | 0.00 |