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

Mercantile Bank (MBWM) posted Net Margin of 876.55% for Q1 2026, up 138.22% on a QoQ basis from 2293.2% in Q4 2025, and down 100201.0% year-over-year from N/an in Q1 2025.

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

Mercantile Bank's Net Margin history runs 17 years deep, the most recent figure standing at 876.55% for Q1 2026.

  • Quarterly Net Margin fell 100201.0% year-over-year to 876.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2423.14% (up 79156.0% YoY) and the FY2025 annual result came in at 4113.13%, up 269516.0% from the prior year.
  • Net Margin was 876.55% for Q1 2026 at Mercantile Bank, up from 2293.2% in the prior quarter.
  • Across five years, Net Margin topped out at 10889.9% in Q1 2024 and bottomed at 2293.2% in Q4 2025.
  • A 5-year average of 2941.26% and a median of 1838.86% in 2025 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2023 — Net Margin surged 1010101 bps — and 2024, when it slumped 1005706 bps.
  • Mercantile Bank's Net Margin stood at 892.04% in 2022, then soared by 204 bps to 928.12% in 2023, then jumped by 120 bps to 2040.62% in 2024, then tumbled by 212 bps to 2293.2% in 2025, then surged by 138 bps to 876.55% in 2026.
  • Business Quant data shows MBWM's Net Margin at 876.55% in Q1 2026, 2293.2% in Q4 2025, and 6301.86% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 401,783.65%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 8,284,010.29%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 0.00%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 32.86%
5 Mizuho Financial 385.64 Bn 389.59 Bn - 0.38%
6 Lloyds Banking 358.14 Bn 358.14 Bn - 27.26%
7 First Capital 200.03 Bn 199.69 Bn - 251.63%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 28.90%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 27.35%
10 Mercantile Bank 985.63 Mn 406.32 Mn - 876.55%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 4,466.91%