Mercantile Bank (MBWM) Net Margin (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Net Margin of 887.61% for Q2 2026, down 7486.0% year-over-year from 12.02% in Q2 2025, and up 1.26% on a QoQ basis from 876.55% in Q1 2026.
Mercantile Bank (MBWM) Net Margin (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Net Margin for 17 years, with the latest figure at 887.61% in Q2 2026.
- Net Margin for Q2 2026 came in at 887.61%, down 7486.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 867.84% (down 1643.0% YoY), and the FY2025 annual result was 874.27%, up 567.0% from the prior year.
- Net Margin improved to 887.61% in Q2 2026, from 876.55% in the prior quarter.
- Over five years, Net Margin peaked at 1018.16% in Q1 2023 and troughed at 550.0% in Q2 2022.
- A 5-year average of 852.43% and a median of 872.88% in 2024 frame the typical range for Net Margin.
- The largest YoY upside for Net Margin was 41627 bps in 2022 against a maximum downside of 39224 bps in 2022.
- A 5-year view of Net Margin shows it stood at 966.9% in 2022, then slipped by 15 bps to 819.03% in 2023, then fell by 1 bps to 812.08% in 2024, then dropped by 15 bps to 693.48% in 2025, then climbed by 28 bps to 887.61% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 887.61% in Q2 2026, 876.55% in Q1 2026, and 693.48% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.20 Bn | 85.00 Bn | - | - |
| 2 | Pnc Financial Services | 97.59 Bn | 97.59 Bn | - | 28.41% |
| 3 | Us Bancorp | 95.78 Bn | 95.78 Bn | - | 27.30% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.72 Bn | -144.37 Bn | - | 38.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.75 Bn | -81.57 Bn | - | 25.60% |
| 7 | Nu Holdings | 71.00 Bn | 57.31 Bn | 2.35 Bn | 25.60% |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 28.85% |
| 9 | Fifth Third Bancorp | 49.49 Bn | 25.77 Bn | - | 23.30% |
| 10 | Mercantile Bank | 1.03 Bn | 688.41 Mn | - | 887.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 887.61% |
| Mar 31, 2026 | 876.55% |
| Dec 31, 2025 | -2,293.20% |
| Sep 30, 2025 | 6,301.86% |
| Jun 30, 2025 | 1,838.86% |
| Mar 31, 2025 | 1,878.56% |
| Dec 31, 2024 | 2,040.62% |
| Sep 30, 2024 | 2,751.47% |
| Jun 30, 2024 | 829.04% |
| Mar 31, 2024 | 10,889.90% |
| Dec 31, 2023 | 928.12% |
| Sep 30, 2023 | 934.36% |
| Jun 30, 2023 | 10,886.10% |
| Mar 31, 2023 | 2,811.53% |
| Dec 31, 2022 | -892.04% |
| Sep 30, 2022 | 7,633.33% |
| Jun 30, 2022 | 785.08% |
| Mar 31, 2022 | 1,801.25% |
| Dec 31, 2021 | 356.72% |
| Sep 30, 2021 | 773.04% |