Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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: 2009-2024

Historic Net Margin for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to 897.81%.

  • 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.
  • Latest data reveals that Mercantile Bank reported Net Margin of 897.81% as of FY2024, which was down 0.19% from 899.50% recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Net Margin ranged from a high of 899.50% in FY2023 and a low of 668.06% during FY2020.
  • Over the past 3 years, Mercantile Bank's median Net Margin value was 897.81% (recorded in 2024), while the average stood at 841.35%.
  • In the last 5 years, Mercantile Bank's Net Margin crashed by 16,664bps in 2020 and then soared by 17,274bps in 2023.
  • Over the past 5 years, Mercantile Bank's Net Margin (Yearly) stood at 668.06% in 2020, then spiked by 11,722bps to 785.27% in 2021, then plummeted by 5,852bps to 726.75% in 2022, then spiked by 17,274bps to 899.50% in 2023, then plummeted by 168bps to 897.81% in 2024.