Mercantile Bank Gross Margin 2010-2024 | 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 June 30, 2024 is %.
Mercantile Bank Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
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%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.811B $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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