Mercantile Bank Gross Margin 2010-2023 | MBWM
Current and historical gross margin for Mercantile Bank (MBWM) over the last 10 years. The current gross profit margin for Mercantile Bank as of December 31, 2023 is %.
| Mercantile Bank Gross Margin Historical Data |
| Date |
TTM Revenue |
TTM Gross Profit |
Gross Margin |
| 2023-12-31 |
$0.30B |
$0.23B |
74.26% |
| 2023-09-30 |
$0.29B |
$0.23B |
78.75% |
| 2023-06-30 |
$0.26B |
$0.22B |
83.21% |
| 2023-03-31 |
$0.24B |
$0.21B |
87.23% |
| 2022-12-31 |
$0.21B |
$0.19B |
89.20% |
| 2022-09-30 |
$0.20B |
$0.18B |
89.85% |
| 2022-06-30 |
$0.19B |
$0.17B |
90.16% |
| 2022-03-31 |
$0.20B |
$0.18B |
90.31% |
| 2021-12-31 |
$0.20B |
$0.18B |
90.45% |
| 2021-09-30 |
$0.20B |
$0.18B |
90.05% |
| 2021-06-30 |
$0.20B |
$0.18B |
88.94% |
| 2021-03-31 |
$0.20B |
$0.17B |
88.32% |
| 2020-12-31 |
$0.19B |
$0.17B |
87.05% |
| 2020-09-30 |
$0.19B |
$0.16B |
85.11% |
| 2020-06-30 |
$0.19B |
$0.16B |
83.33% |
| 2020-03-31 |
$0.18B |
$0.15B |
81.52% |
| 2019-12-31 |
$0.19B |
$0.15B |
81.08% |
| 2019-09-30 |
$0.18B |
$0.15B |
81.77% |
| 2019-06-30 |
$0.17B |
$0.15B |
83.33% |
| 2019-03-31 |
$0.17B |
$0.14B |
85.03% |
| 2018-12-31 |
$0.16B |
$0.14B |
86.96% |
| 2018-09-30 |
$0.16B |
$0.14B |
88.39% |
| 2018-06-30 |
$0.15B |
$0.14B |
88.24% |
| 2018-03-31 |
$0.15B |
$0.13B |
88.59% |
| 2017-12-31 |
$0.15B |
$0.13B |
88.28% |
| 2017-09-30 |
$0.14B |
$0.13B |
88.73% |
| 2017-06-30 |
$0.14B |
$0.13B |
89.93% |
| 2017-03-31 |
$0.14B |
$0.13B |
90.58% |
| 2016-12-31 |
$0.14B |
$0.13B |
91.37% |
| 2016-09-30 |
$0.14B |
$0.13B |
91.30% |
| 2016-06-30 |
$0.14B |
$0.12B |
91.18% |
| 2016-03-31 |
$0.13B |
$0.12B |
91.04% |
| 2015-12-31 |
$0.13B |
$0.12B |
91.47% |
| 2015-09-30 |
$0.13B |
$0.12B |
92.13% |
| 2015-06-30 |
$0.13B |
$0.12B |
92.06% |
| 2015-03-31 |
$0.12B |
$0.11B |
91.30% |
| 2014-12-31 |
$0.10B |
$0.09B |
89.90% |
| 2014-09-30 |
$0.09B |
$0.07B |
87.06% |
| 2014-06-30 |
$0.07B |
$0.06B |
85.51% |
| 2014-03-31 |
$0.06B |
$0.05B |
84.38% |
| 2013-12-31 |
$0.07B |
$0.05B |
83.08% |
| 2013-09-30 |
$0.07B |
$0.05B |
83.08% |
| 2013-06-30 |
$0.07B |
$0.05B |
81.82% |
| 2013-03-31 |
$0.07B |
$0.05B |
80.60% |
| 2012-12-31 |
$0.07B |
$0.06B |
80.88% |
| 2012-09-30 |
$0.07B |
$0.06B |
79.71% |
| 2012-06-30 |
$0.07B |
$0.06B |
77.46% |
| 2012-03-31 |
$0.07B |
$0.06B |
77.03% |
| 2011-12-31 |
$0.08B |
$0.06B |
74.36% |
| 2011-09-30 |
$0.08B |
$0.06B |
72.29% |
| 2011-06-30 |
$0.09B |
$0.06B |
70.45% |
| 2011-03-31 |
$0.09B |
$0.06B |
67.74% |
| 2010-12-31 |
$0.10B |
$0.07B |
66.33% |
| 2010-09-30 |
$0.10B |
$0.06B |
63.37% |
| 2010-06-30 |
$0.11B |
$0.06B |
60.00% |
| 2010-03-31 |
$0.11B |
$0.06B |
55.96% |
| 2009-12-31 |
$0.11B |
$0.06B |
51.33% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.588B |
$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.
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