Mercantile Bank Net Profit Margin 2012-2026 | MBWM

Mercantile Bank net profit margin from 2012 to 2026. Net profit margin can be defined as net Income as a portion of total sales revenue.
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Mercantile Bank Net Profit Margin Historical Data
Date TTM Revenue TTM Net Income Net Margin
2026-03-31 $0.38B $0.09B 24.54%
2025-12-31 $0.37B $0.09B 24.26%
2025-09-30 $0.37B $0.09B 23.45%
2025-06-30 $0.37B $0.08B 22.55%
2025-03-31 $0.36B $0.08B 21.70%
2024-12-31 $0.36B $0.08B 22.31%
2024-09-30 $0.35B $0.08B 23.01%
2024-06-30 $0.34B $0.08B 24.19%
2024-03-31 $0.32B $0.08B 25.62%
2023-12-31 $0.30B $0.08B 27.06%
2023-09-30 $0.29B $0.08B 29.27%
2023-06-30 $0.26B $0.08B 30.15%
2023-03-31 $0.24B $0.07B 30.21%
2022-12-31 $0.21B $0.06B 28.64%
2022-09-30 $0.20B $0.05B 25.89%
2022-06-30 $0.19B $0.05B 25.91%
2022-03-31 $0.20B $0.06B 28.57%
2021-12-31 $0.20B $0.06B 29.65%
2021-09-30 $0.20B $0.06B 30.35%
2021-06-30 $0.20B $0.06B 28.64%
2021-03-31 $0.20B $0.05B 24.37%
2020-12-31 $0.19B $0.05B 23.32%
2020-09-30 $0.19B $0.04B 23.40%
2020-06-30 $0.19B $0.05B 24.73%
2020-03-31 $0.18B $0.05B 26.63%
2019-12-31 $0.19B $0.05B 27.03%
2019-09-30 $0.18B $0.05B 27.07%
2019-06-30 $0.17B $0.05B 26.44%
2019-03-31 $0.17B $0.04B 25.75%
2018-12-31 $0.16B $0.04B 26.09%
2018-09-30 $0.16B $0.04B 24.52%
2018-06-30 $0.15B $0.04B 23.53%
2018-03-31 $0.15B $0.03B 22.82%
2017-12-31 $0.15B $0.03B 21.38%
2017-09-30 $0.14B $0.03B 21.83%
2017-06-30 $0.14B $0.03B 22.30%
2017-03-31 $0.14B $0.03B 22.46%
2016-12-31 $0.14B $0.03B 23.02%
2016-09-30 $0.14B $0.03B 21.74%
2016-06-30 $0.14B $0.03B 21.32%
2016-03-31 $0.13B $0.03B 21.64%
2015-12-31 $0.13B $0.03B 20.93%
2015-09-30 $0.13B $0.03B 21.26%
2015-06-30 $0.13B $0.03B 20.63%
2015-03-31 $0.12B $0.02B 18.26%
2014-12-31 $0.10B $0.02B 18.18%
2014-09-30 $0.09B $0.02B 20.00%
2014-06-30 $0.07B $0.01B 20.29%
2014-03-31 $0.06B $0.02B 25.00%
2013-12-31 $0.07B $0.02B 24.62%
2013-09-30 $0.07B $0.01B 21.54%
2013-06-30 $0.07B $0.01B 21.21%
2013-03-31 $0.07B $0.01B 19.40%
2012-12-31 $0.07B $0.01B 17.65%
2012-09-30 $0.07B $0.04B 56.52%
2012-06-30 $0.07B $0.04B 54.93%
2012-03-31 $0.07B $0.04B 51.35%
2011-12-31 $0.08B $0.04B 46.15%
2011-09-30 $0.08B $0.00B 1.20%
2011-06-30 $0.09B $-0.01B -9.09%
2011-03-31 $0.09B $-0.01B -11.83%
2010-12-31 $0.10B $-0.02B -15.31%
2010-09-30 $0.10B $-0.05B -45.54%
2010-06-30 $0.11B $-0.05B -43.81%
2010-03-31 $0.11B $-0.05B -46.79%
2009-12-31 $0.11B $-0.05B -46.02%
2009-09-30 $0.12B $-0.02B -13.45%
2009-06-30 $0.12B $-0.01B -7.32%
2009-03-31 $0.13B $-0.01B -4.80%
2008-12-31 $0.13B $-0.01B -4.65%
2008-09-30 $0.13B $-0.01B -4.48%
2008-06-30 $0.14B $-0.01B -3.57%
2008-03-31 $0.15B 0 0.00%
2007-12-31 $0.15B $0.01B 5.33%
2007-09-30 $0.15B $0.01B 8.61%
2007-06-30 $0.15B $0.02B 10.67%
2007-03-31 $0.15B $0.02B 12.93%
2006-12-31 $0.14B $0.02B 14.08%
2006-09-30 $0.14B $0.02B 14.81%
2006-06-30 $0.13B $0.02B 15.08%
2006-03-31 $0.12B $0.02B 16.24%
2005-12-31 $0.11B $0.02B 16.67%
2005-09-30 $0.10B $0.02B 17.35%
2005-06-30 $0.09B $0.02B 17.98%
2005-03-31 $0.08B $0.01B 17.50%
2004-12-31 $0.07B $0.01B 17.81%
2004-09-30 $0.07B $0.01B 17.65%
2004-06-30 $0.06B $0.01B 17.19%
2004-03-31 $0.06B $0.01B 17.74%
2003-12-31 $0.06B $0.01B 16.67%
2003-09-30 $0.06B $0.01B 15.52%
2003-06-30 $0.06B $0.01B 16.07%
2003-03-31 $0.05B $0.01B 15.09%
2002-12-31 $0.05B $0.01B 15.69%
2002-09-30 $0.05B $0.01B 14.29%
2002-06-30 $0.05B $0.01B 12.50%
2002-03-31 $0.05B $0.01B 10.64%
2001-12-31 $0.05B $0.00B 8.70%
2001-09-30 $0.05B $0.00B 8.89%
2001-06-30 $0.04B $0.00B 9.30%
2001-03-31 $0.04B $0.00B 9.76%
2000-12-31 $0.04B $0.00B 10.53%
2000-09-30 $0.03B $0.00B 11.76%
2000-06-30 $0.03B $0.00B 13.33%
2000-03-31 $0.03B $0.00B 15.38%
1999-12-31 $0.02B $0.00B 13.04%
1999-09-30 $0.02B $0.00B 10.00%
1999-06-30 $0.02B $0.00B 5.88%
1999-03-31 $0.01B 0 0.00%
1998-12-31 $0.01B $0.00B -10.00%
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
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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