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

Mercantile Bank has reported Net Margin for 17 years, with the latest figure at 913.24% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin fell 96531.0% year-over-year to 913.24%; the trailing twelve-month figure through Mar 2026 stood at 10786.5% (up 433871.0% YoY), and the FY2025 full-year result was 10131.62%, up 752884.0% from the prior year.
• Net Margin for Q1 2026 stood at 913.24%, up from 377.77% in the prior quarter.
• The five-year high for Net Margin was 10886.1% in Q2 2023, with the low at 13724.83% in Q4 2022.
• Historically, Net Margin has averaged 1438.79% across 5 years, with a median of 1110.28% in 2024.
• Annual changes were most pronounced in 2022 — Net Margin plunged 1470679 bps — and 2023, when it jumped 1463653 bps.
• Mercantile Bank's Net Margin stood at 13724.83% in 2022, then jumped by 107 bps to 911.7% in 2023, then plunged by 212 bps to 1023.25% in 2024, then jumped by 63 bps to 377.77% in 2025, then jumped by 342 bps to 913.24% in 2026.
• The last three Net Margin figures came in at 913.24% (Q1 2026), 377.77% (Q4 2025), and 1151.07% (Q3 2025), per Business Quant data.