Mercantile Bank Corp (MBWM) Net Margin (2010 - 2026)
Mercantile Bank's Net Margin came in at 362.36% for Q2 2026, up 14.87 percentage points from 347.49% a year earlier and up 42.58 percentage points from the prior quarter.
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Analysis
Mercantile Bank Corp (MBWM) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mercantile Bank reported Net Margin of 365.78%, up 10.59 percentage points year-over-year; for FY2025, it came in at 375.32%, up 25.13 percentage points from FY2024.
- Net Margin carries a five-year change of +37.18 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 350.20% in FY2024 (-39.01 pp), 389.21% in FY2023 (+34.15 pp), 355.06% in FY2022 (-31.56 pp) and 386.62% in FY2021 (+48.47 pp).
- The five-year range for quarterly Net Margin is 236.31% (Q4 2023) to 524.09% (Q1 2023).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +9.06 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2023 (a gain of 248.96 percentage points), and the weakest in Q4 2023 (a drop of 268.50 percentage points).
- Business Quant data shows MBWM's Net Margin at 319.78% (Q1 2026), 390.76% (Q4 2025) and 400.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.71% |
| Mar 31, 2026 | 33.56% |
| Dec 31, 2025 | 36.80% |
| Sep 30, 2025 | 38.08% |
| Jun 30, 2025 | 37.11% |
| Mar 31, 2025 | 34.13% |
| Dec 31, 2024 | 33.53% |
| Sep 30, 2024 | 33.85% |
| Jun 30, 2024 | 33.10% |
| Mar 31, 2024 | 37.03% |
| Dec 31, 2023 | 35.17% |
| Sep 30, 2023 | 35.83% |
| Jun 30, 2023 | 36.88% |
| Mar 31, 2023 | 37.90% |
| Dec 31, 2022 | 37.32% |
| Sep 30, 2022 | 32.28% |
| Jun 30, 2022 | 27.90% |
| Mar 31, 2022 | 28.61% |
| Dec 31, 2021 | 25.77% |
| Sep 30, 2021 | 32.23% |
API Access
Mercantile Bank Corp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();