Mercantile Bank Gross Margin 2012-2026 | 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 March 31, 2026 is %.
| Mercantile Bank Gross Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Gross Profit | Gross Margin |
| 2026-03-31 | $0.38B | $0.25B | 66.75% |
| 2025-12-31 | $0.37B | $0.24B | 65.23% |
| 2025-09-30 | $0.37B | $0.24B | 64.42% |
| 2025-06-30 | $0.37B | $0.24B | 63.86% |
| 2025-03-31 | $0.36B | $0.23B | 63.46% |
| 2024-12-31 | $0.36B | $0.23B | 63.91% |
| 2024-09-30 | $0.35B | $0.23B | 65.34% |
| 2024-06-30 | $0.34B | $0.23B | 67.85% |
| 2024-03-31 | $0.32B | $0.23B | 70.37% |
| 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% |
| 2009-09-30 | $0.12B | $0.06B | 47.90% |
| 2009-06-30 | $0.12B | $0.06B | 45.53% |
| 2009-03-31 | $0.13B | $0.05B | 43.20% |
| 2008-12-31 | $0.13B | $0.05B | 41.09% |
| 2008-09-30 | $0.13B | $0.05B | 40.30% |
| 2008-06-30 | $0.14B | $0.06B | 40.00% |
| 2008-03-31 | $0.15B | $0.06B | 40.14% |
| 2007-12-31 | $0.15B | $0.06B | 41.33% |
| 2007-09-30 | $0.15B | $0.06B | 42.38% |
| 2007-06-30 | $0.15B | $0.07B | 43.33% |
| 2007-03-31 | $0.15B | $0.07B | 45.58% |
| 2006-12-31 | $0.14B | $0.07B | 47.18% |
| 2006-09-30 | $0.14B | $0.07B | 49.63% |
| 2006-06-30 | $0.13B | $0.07B | 51.59% |
| 2006-03-31 | $0.12B | $0.06B | 53.85% |
| 2005-12-31 | $0.11B | $0.06B | 56.48% |
| 2005-09-30 | $0.10B | $0.06B | 58.16% |
| 2005-06-30 | $0.09B | $0.05B | 60.67% |
| 2005-03-31 | $0.08B | $0.05B | 62.50% |
| 2004-12-31 | $0.07B | $0.05B | 64.38% |
| 2004-09-30 | $0.07B | $0.04B | 64.71% |
| 2004-06-30 | $0.06B | $0.04B | 64.06% |
| 2004-03-31 | $0.06B | $0.04B | 62.90% |
| 2003-12-31 | $0.06B | $0.04B | 60.00% |
| 2003-09-30 | $0.06B | $0.03B | 58.62% |
| 2003-06-30 | $0.06B | $0.03B | 57.14% |
| 2003-03-31 | $0.05B | $0.03B | 54.72% |
| 2002-12-31 | $0.05B | $0.03B | 52.94% |
| 2002-09-30 | $0.05B | $0.03B | 51.02% |
| 2002-06-30 | $0.05B | $0.02B | 47.92% |
| 2002-03-31 | $0.05B | $0.02B | 44.68% |
| 2001-12-31 | $0.05B | $0.02B | 41.30% |
| 2001-09-30 | $0.05B | $0.02B | 37.78% |
| 2001-06-30 | $0.04B | $0.02B | 37.21% |
| 2001-03-31 | $0.04B | $0.02B | 36.59% |
| 2000-12-31 | $0.04B | $0.01B | 36.84% |
| 2000-09-30 | $0.03B | $0.01B | 38.24% |
| 2000-06-30 | $0.03B | $0.01B | 40.00% |
| 2000-03-31 | $0.03B | $0.01B | 42.31% |
| 1999-12-31 | $0.02B | $0.01B | 43.48% |
| 1999-09-30 | $0.02B | $0.01B | 45.00% |
| 1999-06-30 | $0.02B | $0.01B | 47.06% |
| 1999-03-31 | $0.01B | $0.01B | 50.00% |
| 1998-12-31 | $0.01B | $0.01B | 60.00% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Banks - Midwest | $0.924B | $0.372B |
| 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 | $33.368B | 10.99 |
| Wintrust Financial (WTFC) | United States | $9.840B | 12.49 |
| UMB Financial (UMBF) | United States | $9.154B | 10.62 |
| Old National Bancorp (ONB) | United States | $9.075B | 10.73 |
| Commerce Bancshares (CBSH) | United States | $7.414B | 12.05 |
| Associated Banc-Corp (ASB) | United States | $4.543B | 9.92 |
| First Interstate BancSystem (FIBK) | United States | $3.441B | 11.54 |
| First Financial Bancorp (FFBC) | United States | $3.074B | 10.03 |
| First Merchants (FRME) | United States | $2.601B | 10.56 |
| First Busey (BUSE) | United States | $2.280B | 10.58 |
| Enterprise Financial Services (EFSC) | United States | $2.132B | 11.04 |
| 1st Source (SRCE) | United States | $1.798B | 11.53 |
| German American Bancorp (GABC) | United States | $1.652B | 12.48 |
| Lakeland Financial (LKFN) | United States | $1.538B | 15.18 |
| QCR Holdings (QCRH) | United States | $1.520B | 11.88 |
| Peoples Bancorp (PEBO) | United States | $1.232B | 11.00 |
| Old Second Bancorp (OSBC) | United States | $1.103B | 10.45 |
| FirstSun Capital Bancorp (FSUN) | United States | $1.052B | 10.67 |
| MidWestOne Financial (MOFG) | United States | $1.017B | 17.24 |
| First Financial Indiana (THFF) | United States | $0.795B | 10.01 |
| Independent Bank (IBCP) | United States | $0.714B | 10.57 |
| Civista Bancshares (CIVB) | United States | $0.593B | 8.75 |
| Farmers National Banc (FMNB) | United States | $0.524B | 8.79 |
| First Business Financial Services (FBIZ) | United States | $0.489B | 9.85 |
| Ames National (ATLO) | United States | $0.260B | 13.69 |
| First Western Financial (MYFW) | United States | $0.258B | 19.62 |
| Ohio Valley Banc (OVBC) | United States | $0.215B | 13.77 |
| Eagle Bancorp Montana (EBMT) | United States | $0.175B | 11.66 |
| CSB Bancorp (CSBB) | United States | $0.163B | 12.25 |
| BNCCORP (BNCC) | United States | $0.124B | 14.07 |
| United Bancshares (UBOH) | United States | $0.103B | 9.22 |
| United Bancorp (UBCP) | United States | $0.093B | 12.10 |
| Solera National Bancorp (SLRK) | United States | $0.082B | 3.55 |
| Central Plains Bancshares (CPBI) | United States | $0.075B | 17.20 |
| Commercial National Financial (CEFC) | United States | $0.056B | 8.44 |