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

Mercantile Bank (MBWM) Net Margin: 2011-2025

Historic Net Margin for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to 1,002.02%.

  • Mercantile Bank's Net Margin rose 13282.00% to 1,002.02% in Q3 2025 from the same period last year, while for Sep 2025 it was 935.73%, marking a year-over-year increase of 5393.00%. This contributed to the annual value of 897.81% for FY2024, which is 168.00% down from last year.
  • According to the latest figures from Q3 2025, Mercantile Bank's Net Margin is 1,002.02%, which was up 4.11% from 962.47% recorded in Q2 2025.
  • Mercantile Bank's Net Margin's 5-year high stood at 1,018.16% during Q1 2023, with a 5-year trough of 550.00% in Q2 2022.
  • Moreover, its 3-year median value for Net Margin was 887.64% (2025), whereas its average is 914.63%.
  • In the last 5 years, Mercantile Bank's Net Margin plummeted by 39,224bps in 2022 and then surged by 40,720bps in 2023.
  • Over the past 5 years, Mercantile Bank's Net Margin (Quarterly) stood at 590.51% in 2021, then soared by 37,639bps to 966.90% in 2022, then slumped by 14,788bps to 819.03% in 2023, then spiked by 6,425bps to 883.28% in 2024, then soared by 13,282bps to 1,002.02% in 2025.
  • Its last three reported values are 1,002.02% in Q3 2025, 962.47% for Q2 2025, and 887.64% during Q1 2025.