Mercantile Bank Operating Margin 2012-2026 | MBWM
Current and historical operating margin for Mercantile Bank (MBWM) over the last 10 years. The current operating profit margin for Mercantile Bank as of June 30, 2026 is 25.53%.
| Mercantile Bank Operating Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Operating Income | Operating Margin |
| 2026-06-30 | $0.38B | $0.11B | 29.69% |
| 2026-03-31 | $0.38B | $0.11B | 28.76% |
| 2025-12-31 | $0.37B | $0.11B | 28.57% |
| 2025-09-30 | $0.37B | $0.10B | 28.03% |
| 2025-06-30 | $0.37B | $0.10B | 27.45% |
| 2025-03-31 | $0.36B | $0.10B | 27.20% |
| 2024-12-31 | $0.36B | $0.10B | 28.10% |
| 2024-09-30 | $0.35B | $0.10B | 29.26% |
| 2024-06-30 | $0.34B | $0.10B | 30.68% |
| 2024-03-31 | $0.32B | $0.11B | 32.41% |
| 2023-12-31 | $0.30B | $0.10B | 34.32% |
| 2023-09-30 | $0.29B | $0.11B | 36.59% |
| 2023-06-30 | $0.26B | $0.10B | 37.79% |
| 2023-03-31 | $0.24B | $0.09B | 37.87% |
| 2022-12-31 | $0.21B | $0.08B | 36.15% |
| 2022-09-30 | $0.20B | $0.07B | 33.50% |
| 2022-06-30 | $0.19B | $0.07B | 33.68% |
| 2022-03-31 | $0.20B | $0.07B | 36.73% |
| 2021-12-31 | $0.20B | $0.08B | 38.19% |
| 2021-09-30 | $0.20B | $0.08B | 38.81% |
| 2021-06-30 | $0.20B | $0.07B | 36.18% |
| 2021-03-31 | $0.20B | $0.06B | 30.96% |
| 2020-12-31 | $0.19B | $0.06B | 29.02% |
| 2020-09-30 | $0.19B | $0.05B | 28.19% |
| 2020-06-30 | $0.19B | $0.06B | 30.11% |
| 2020-03-31 | $0.18B | $0.06B | 32.07% |
| 2019-12-31 | $0.19B | $0.06B | 32.97% |
| 2019-09-30 | $0.18B | $0.06B | 33.15% |
| 2019-06-30 | $0.17B | $0.06B | 32.18% |
| 2019-03-31 | $0.17B | $0.05B | 32.34% |
| 2018-12-31 | $0.16B | $0.05B | 32.30% |
| 2018-09-30 | $0.16B | $0.05B | 32.26% |
| 2018-06-30 | $0.15B | $0.05B | 32.68% |
| 2018-03-31 | $0.15B | $0.05B | 32.89% |
| 2017-12-31 | $0.15B | $0.05B | 32.41% |
| 2017-09-30 | $0.14B | $0.05B | 32.39% |
| 2017-06-30 | $0.14B | $0.05B | 32.37% |
| 2017-03-31 | $0.14B | $0.05B | 32.61% |
| 2016-12-31 | $0.14B | $0.05B | 33.81% |
| 2016-09-30 | $0.14B | $0.04B | 31.88% |
| 2016-06-30 | $0.14B | $0.04B | 32.35% |
| 2016-03-31 | $0.13B | $0.04B | 31.34% |
| 2015-12-31 | $0.13B | $0.04B | 30.23% |
| 2015-09-30 | $0.13B | $0.04B | 31.50% |
| 2015-06-30 | $0.13B | $0.04B | 30.95% |
| 2015-03-31 | $0.12B | $0.04B | 31.30% |
| 2014-12-31 | $0.10B | $0.03B | 31.31% |
| 2014-09-30 | $0.09B | $0.03B | 34.12% |
| 2014-06-30 | $0.07B | $0.03B | 36.23% |
| 2014-03-31 | $0.06B | $0.03B | 39.06% |
| 2013-12-31 | $0.07B | $0.03B | 40.00% |
| 2013-09-30 | $0.07B | $0.02B | 33.85% |
| 2013-06-30 | $0.07B | $0.02B | 30.30% |
| 2013-03-31 | $0.07B | $0.02B | 29.85% |
| 2012-12-31 | $0.07B | $0.02B | 26.47% |
| 2012-09-30 | $0.07B | $0.02B | 24.64% |
| 2012-06-30 | $0.07B | $0.02B | 22.54% |
| 2012-03-31 | $0.07B | $0.01B | 17.57% |
| 2011-12-31 | $0.08B | $0.01B | 12.82% |
| 2011-09-30 | $0.08B | $0.00B | 4.82% |
| 2011-06-30 | $0.09B | $-0.01B | -5.68% |
| 2011-03-31 | $0.09B | $-0.01B | -9.68% |
| 2010-12-31 | $0.10B | $-0.01B | -13.27% |
| 2010-09-30 | $0.10B | $-0.03B | -30.69% |
| 2010-06-30 | $0.11B | $-0.03B | -32.38% |
| 2010-03-31 | $0.11B | $-0.04B | -39.45% |
| 2009-12-31 | $0.11B | $-0.05B | -41.59% |
| 2009-09-30 | $0.12B | $-0.03B | -21.85% |
| 2009-06-30 | $0.12B | $-0.02B | -13.01% |
| 2009-03-31 | $0.13B | $-0.01B | -8.80% |
| 2008-12-31 | $0.13B | $-0.01B | -7.75% |
| 2008-09-30 | $0.13B | $-0.01B | -7.46% |
| 2008-06-30 | $0.14B | $-0.01B | -5.71% |
| 2008-03-31 | $0.15B | 0 | 0.00% |
| 2007-12-31 | $0.15B | $0.01B | 8.00% |
| 2007-09-30 | $0.15B | $0.02B | 12.58% |
| 2007-06-30 | $0.15B | $0.02B | 16.00% |
| 2007-03-31 | $0.15B | $0.03B | 19.05% |
| 2006-12-31 | $0.14B | $0.03B | 20.42% |
| 2006-09-30 | $0.14B | $0.03B | 21.48% |
| 2006-06-30 | $0.13B | $0.03B | 21.43% |
| 2006-03-31 | $0.12B | $0.03B | 23.08% |
| 2005-12-31 | $0.11B | $0.03B | 24.07% |
| 2005-09-30 | $0.10B | $0.03B | 25.51% |
| 2005-06-30 | $0.09B | $0.02B | 25.84% |
| 2005-03-31 | $0.08B | $0.02B | 25.00% |
| 2004-12-31 | $0.07B | $0.02B | 24.66% |
| 2004-09-30 | $0.07B | $0.02B | 23.53% |
| 2004-06-30 | $0.06B | $0.02B | 23.44% |
| 2004-03-31 | $0.06B | $0.02B | 24.19% |
| 2003-12-31 | $0.06B | $0.01B | 23.33% |
| 2003-09-30 | $0.06B | $0.01B | 22.41% |
| 2003-06-30 | $0.06B | $0.01B | 23.21% |
| 2003-03-31 | $0.05B | $0.01B | 20.75% |
| 2002-12-31 | $0.05B | $0.01B | 19.61% |
| 2002-09-30 | $0.05B | $0.01B | 18.37% |
| 2002-06-30 | $0.05B | $0.01B | 16.67% |
| 2002-03-31 | $0.05B | $0.01B | 14.89% |
| 2001-12-31 | $0.05B | $0.01B | 13.04% |
| 2001-09-30 | $0.05B | $0.01B | 11.11% |
| 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 | $1.044B | $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 | $32.084B | 10.38 |
| UMB Financial (UMBF) | United States | $10.235B | 10.56 |
| Wintrust Financial (WTFC) | United States | $9.981B | 11.62 |
| Old National Bancorp (ONB) | United States | $9.687B | 10.25 |
| Commerce Bancshares (CBSH) | United States | $8.240B | 13.91 |
| Associated Banc-Corp (ASB) | United States | $5.643B | 10.10 |
| First Interstate BancSystem (FIBK) | United States | $3.542B | 11.43 |
| First Financial Bancorp (FFBC) | United States | $3.371B | 10.26 |
| First Merchants (FRME) | United States | $2.569B | 10.94 |
| First Busey (BUSE) | United States | $2.490B | 11.25 |
| Enterprise Financial Services (EFSC) | United States | $2.249B | 12.43 |
| 1st Source (SRCE) | United States | $2.066B | 12.32 |
| German American Bancorp (GABC) | United States | $1.849B | 13.01 |
| FirstSun Capital Bancorp (FSUN) | United States | $1.838B | 12.89 |
| QCR Holdings (QCRH) | United States | $1.652B | 11.78 |
| Lakeland Financial (LKFN) | United States | $1.482B | 13.68 |
| Old Second Bancorp (OSBC) | United States | $1.268B | 11.59 |
| MidWestOne Financial (MOFG) | United States | $1.017B | 17.24 |
| Farmers National Banc (FMNB) | United States | $0.927B | 9.32 |
| First Financial Indiana (THFF) | United States | $0.917B | 10.80 |
| First Business Financial Services (FBIZ) | United States | $0.598B | 11.14 |
| Civista Bancshares (CIVB) | United States | $0.566B | 9.52 |
| First Western Financial (MYFW) | United States | $0.299B | 16.45 |
| Ames National (ATLO) | United States | $0.286B | 12.52 |
| Ohio Valley Banc (OVBC) | United States | $0.212B | 14.92 |
| CSB Bancorp (CSBB) | United States | $0.200B | 13.17 |
| Eagle Bancorp Montana (EBMT) | United States | $0.175B | 10.75 |
| BNCCORP (BNCC) | United States | $0.113B | 12.69 |
| United Bancshares (UBOH) | United States | $0.108B | 9.99 |
| United Bancorp (UBCP) | United States | $0.090B | 11.41 |
| Central Plains Bancshares (CPBI) | United States | $0.090B | 18.19 |
| Solera National Bancorp (SLRK) | United States | $0.086B | 3.34 |
| Commercial National Financial (CEFC) | United States | $0.062B | 9.13 |