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| Date | Value |
|---|---|
| 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% |