Mercantile Bank Operating Margin 2010-2023 | 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 December 31, 2023 is 25.58%.
| Mercantile Bank Operating Margin Historical Data |
| Date |
TTM Revenue |
TTM Operating Income |
Operating Margin |
| 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% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.583B |
$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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