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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) EBIT Margin: 2009-2024

Historic EBIT Margin for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to 233.99%.

  • Mercantile Bank's EBIT Margin fell 6787.00% to 2,576.17% in Q3 2025 from the same period last year, while for Sep 2025 it was 2,557.53%, marking a year-over-year increase of 4979.00%. This contributed to the annual value of 233.99% for FY2024, which is 796.00% down from last year.
  • Latest data reveals that Mercantile Bank reported EBIT Margin of 233.99% as of FY2024, which was down 3.29% from 241.95% recorded in FY2023.
  • In the past 5 years, Mercantile Bank's EBIT Margin ranged from a high of 241.95% in FY2023 and a low of 192.83% during FY2020.
  • In the last 3 years, Mercantile Bank's EBIT Margin had a median value of 233.99% in 2024 and averaged 223.21%.
  • Its EBIT Margin has fluctuated over the past 5 years, first slumped by 2,146bps in 2020, then surged by 4,824bps in 2023.
  • Yearly analysis of 5 years shows Mercantile Bank's EBIT Margin stood at 192.83% in 2020, then skyrocketed by 1,314bps to 205.97% in 2021, then crashed by 1,227bps to 193.71% in 2022, then soared by 4,824bps to 241.95% in 2023, then slumped by 796bps to 233.99% in 2024.