Mercantile Bank Net Profit Margin 2010-2024 | MBWM

Mercantile Bank net profit margin from 2010 to 2024. Net profit margin can be defined as net Income as a portion of total sales revenue.
Mercantile Bank Net Profit Margin Historical Data
Date TTM Revenue TTM Net Income Net Margin
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%
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.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) United States $25.628B 14.95
Commerce Bancshares (CBSH) United States $9.266B 18.82
Wintrust Financial (WTFC) United States $8.887B 14.00
Old National Bancorp (ONB) United States $7.139B 12.23
UMB Financial (UMBF) United States $6.139B 13.72
Associated Banc-Corp (ASB) United States $4.172B 12.95
First Interstate BancSystem (FIBK) United States $3.527B 14.30
Heartland Financial USA (HTLF) United States $2.895B 14.67
First Financial Bancorp (FFBC) United States $2.803B 11.60
First Merchants (FRME) United States $2.613B 13.30
Enterprise Financial Services (EFSC) United States $2.222B 12.52
Lakeland Financial (LKFN) United States $1.929B 21.55
1st Source (SRCE) United States $1.643B 12.76
QCR Holdings (QCRH) United States $1.552B 13.01
First Busey (BUSE) United States $1.544B 13.12
German American Bancorp (GABC) United States $1.373B 16.70
Peoples Bancorp (PEBO) United States $1.261B 9.80
FirstSun Capital Bancorp (FSUN) United States $1.006B 0.00
Old Second Bancorp (OSBC) United States $0.834B 10.00
Independent Bank (IBCP) United States $0.805B 12.51
Farmers National Banc (FMNB) United States $0.589B 11.97
First Financial Indiana (THFF) United States $0.589B 13.52
MidWestOne Financial (MOFG) United States $0.527B 19.07
First Business Financial Services (FBIZ) United States $0.423B 10.95
Civista Bancshares (CIVB) United States $0.365B 11.54
Heartland BancCorp (HLAN) United States $0.342B 17.35
Fentura Financial (FETM) United States $0.202B 21.33
First Western Financial (MYFW) United States $0.197B 32.92
Eagle Bancorp Montana (EBMT) United States $0.137B 15.78
Ohio Valley Banc (OVBC) United States $0.116B 9.94
CSB Bancorp (CSBB) United States $0.104B 9.13
BNCCORP (BNCC) United States $0.100B 12.72
United Bancorp (UBCP) United States $0.078B 9.46
United Bancshares (UBOH) United States $0.065B 7.77
Central Plains Bancshares (CPBI) United States $0.061B 0.00
Ames National (ATLO) United States $0.000B 17.01