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 |
| 2024-12-31 |
$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% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
BANKS-MIDWEST |
$0.708B |
$0.362B |
|
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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