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

Mercantile Bank (MBWM) Net Margin (2016 - 2025)

Historic Net Margin for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to 1002.02%.

  • Mercantile Bank's Net Margin rose 1328200.0% to 1002.02% in Q3 2025 from the same period last year, while for Sep 2025 it was 935.73%, marking a year-over-year increase of 539300.0%. This contributed to the annual value of 897.81% for FY2024, which is 16800.0% down from last year.
  • Latest data reveals that Mercantile Bank reported Net Margin of 1002.02% as of Q3 2025, which was up 1328200.0% from 962.47% recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Net Margin registered a high of 1018.16% during Q1 2023, and its lowest value of 550.0% during Q2 2022.
  • Over the past 5 years, Mercantile Bank's median Net Margin value was 869.21% (recorded in 2024), while the average stood at 847.98%.
  • Per our database at Business Quant, Mercantile Bank's Net Margin tumbled by -3922400bps in 2022 and then soared by 4072000bps in 2023.
  • Over the past 5 years, Mercantile Bank's Net Margin (Quarter) stood at 590.51% in 2021, then soared by 64bps to 966.9% in 2022, then decreased by -15bps to 819.03% in 2023, then increased by 8bps to 883.28% in 2024, then rose by 13bps to 1002.02% in 2025.
  • Its Net Margin was 1002.02% in Q3 2025, compared to 962.47% in Q2 2025 and 887.64% in Q1 2025.