Mercantile Bank Corp (MBWM) EBIT Margin (2010 - 2026)
Mercantile Bank (MBWM) reported EBIT Margin of 1259.87% for Q2 2026, down 126.39 percentage points from 1386.27% a year earlier but up 459.10 percentage points from the prior quarter.
Mercantile Bank Corp (MBWM) EBIT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercantile Bank's EBIT Margin came in at 1019.31%, down 128.73 percentage points year-over-year; for FY2025, it came in at 983.82%, down 22.44 percentage points from FY2024.
- EBIT Margin has a five-year change of +363.92 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 1006.26% in FY2024 (+151.72 pp), 854.54% in FY2023 (+276.65 pp), 577.89% in FY2022 (-32.28 pp) and 610.17% in FY2021 (-9.73 pp).
- Five-year quarterly EBIT Margin spans a low of 462.14% in Q2 2022 and a high of 1386.27% in Q2 2025.
- Year over year, EBIT Margin has now declined in each of the last four quarters, with an average year-over-year change of +58.13 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q2 2023 (a gain of 567.14 percentage points); the low point was Q2 2022 (a drop of 270.06 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 800.78% (Q1 2026), 980.05% (Q4 2025) and 1029.17% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.17% |
| Mar 31, 2026 | 84.05% |
| Dec 31, 2025 | 92.29% |
| Sep 30, 2025 | 97.90% |
| Jun 30, 2025 | 95.90% |
| Mar 31, 2025 | 97.53% |
| Dec 31, 2024 | 97.98% |
| Sep 30, 2024 | 102.96% |
| Jun 30, 2024 | 97.48% |
| Mar 31, 2024 | 96.77% |
| Dec 31, 2023 | 88.44% |
| Sep 30, 2023 | 82.77% |
| Jun 30, 2023 | 79.23% |
| Mar 31, 2023 | 69.10% |
| Dec 31, 2022 | 59.05% |
| Sep 30, 2022 | 51.81% |
| Jun 30, 2022 | 47.18% |
| Mar 31, 2022 | 48.10% |
| Dec 31, 2021 | 43.69% |
| Sep 30, 2021 | 50.00% |
Mercantile Bank Corp EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();