Mercantile Bank Operating Margin 2010-2024 | 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 September 30, 2024 is 22.77%.
Mercantile Bank Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
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%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.813B $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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