Mercantile Bank MBWM
NASDAQ MBWM
$58.39 -0.50 (-0.85%)
As of: Sep 30, 2026 · 3:59 PM EDT

Mercantile Bank (MBWM) EBITDA Margin (2010 - 2026)

Updated

Mercantile Bank's EBITDA Margin was 1276.34% in Q2 2026, down 131.70 percentage points from 1408.04% a year earlier but up 451.64 percentage points from the prior quarter.

Analysis

Mercantile Bank (MBWM) EBITDA Margin (2010 - 2026) Analysis & Trends

On a trailing twelve-month basis, Mercantile Bank's EBITDA Margin was 1040.85% through Jun 30, 2026, down 142.48 percentage points year-over-year; for FY2025, it came in at 1008.33%, down 44.15 percentage points from FY2024.

  • EBITDA Margin shows a five-year change of +316.23 percentage points (FY2020 to FY2025).
  • In earlier years, EBITDA Margin was 1052.48% in FY2024 (+143.52 pp), 908.96% in FY2023 (+255.80 pp), 653.16% in FY2022 (-46.61 pp) and 699.76% in FY2021 (+7.66 pp).
  • Quarterly EBITDA Margin has moved between 537.44% (Q2 2022) and 1408.04% (Q2 2025) over five years.
  • Compared with a year earlier, EBITDA Margin has declined for four straight quarters, with an average year-over-year change of +45.02 percentage points over the last eight quarters.
  • The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 559.64 percentage points); the worst was Q2 2022 (a drop of 283.42 percentage points).
  • Per Business Quant data, MBWM's EBITDA Margin in the three quarters before Q2 2026 was 824.70% (Q1 2026), 1003.82% (Q4 2025) and 1051.81% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Jpmorgan Chase 890.60 Bn 920.07 Bn - 95.81%
2 Banco Santander Chile 421.74 Bn 541.68 Bn - -
3 Bank Of America 385.85 Bn -1,990.22 Bn - 95.10%
4 Hsbc Holdings 345.94 Bn 345.99 Bn - -
5 Morgan Stanley 303.15 Bn -205.95 Bn - 101.52%
6 Royal Bank Of Canada 279.82 Bn 130.57 Bn - 142.03%
7 Mitsubishi Ufj Financial 274.62 Bn -1,313.87 Bn 10.89 Bn -
8 Goldman Sachs 267.07 Bn -3,290.04 Bn - 133.57%
9 Wells Fargo & Company 243.79 Bn 245.93 Bn - 92.35%
10 Mercantile Bank 1.02 Bn 1.02 Bn - 1,276.34%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1,276.34%
Mar 31, 2026 824.70%
Dec 31, 2025 1,003.82%
Sep 30, 2025 1,051.81%
Jun 30, 2025 1,408.04%
Mar 31, 2025 1,073.04%
Dec 31, 2024 1,046.08%
Sep 30, 2024 1,166.82%
Jun 30, 2024 1,037.55%
Mar 31, 2024 971.59%
Dec 31, 2023 625.32%
Sep 30, 2023 1,162.03%
Jun 30, 2023 1,097.08%
Mar 31, 2023 1,031.63%
Dec 31, 2022 870.16%
Sep 30, 2022 655.38%
Jun 30, 2022 537.44%
Mar 31, 2022 545.25%
Dec 31, 2021 578.83%
Sep 30, 2021 682.75%
API Access

Mercantile Bank EBITDA 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=ebitda-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEY