Mercantile Bank Corp (MBWM) EBITDA Margin (2010 - 2026)
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.
Mercantile Bank Corp (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 Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 89.88% |
| Mar 31, 2026 | 86.56% |
| Dec 31, 2025 | 94.53% |
| Sep 30, 2025 | 100.06% |
| Jun 30, 2025 | 98.22% |
| Mar 31, 2025 | 100.41% |
| Dec 31, 2024 | 102.01% |
| Sep 30, 2024 | 107.56% |
| Jun 30, 2024 | 102.25% |
| Mar 31, 2024 | 101.53% |
| Dec 31, 2023 | 93.07% |
| Sep 30, 2023 | 87.80% |
| Jun 30, 2023 | 84.45% |
| Mar 31, 2023 | 74.61% |
| Dec 31, 2022 | 64.34% |
| Sep 30, 2022 | 58.18% |
| Jun 30, 2022 | 54.87% |
| Mar 31, 2022 | 56.71% |
| Dec 31, 2021 | 51.39% |
| Sep 30, 2021 | 57.38% |
Mercantile Bank Corp 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();