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Mercantile Bank (MBWM) Net Income

Annual Net Income

$79.59 M
-$2.62 M-3.19%

December 1, 2024

Summary

Performance

1-Year Change

-3.19%

3-Year Change

+34.86%

5-Year Change

+60.94%

15-Year Change

+154.5%

MBWM Net Income Chart

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Highlights

Sector Rank

66.47%
MBWM annual net profit is higher than 66.47% of companies in Financial Services sector

High & Low

All-time High

$82.22 M
MBWM annual net profit is currently -3.19% below its historical high of $82.22 million

3-Year Low

$59.02 M
MBWM annual net profit is currently +34.86% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 1, 2024
MBWM previous annual earnings announcement was published on Dec 1, 2024

Next Annual Earnings Report Date

N/A
MBWM next annual earnings announcement has not yet been scheduled

OtherMBWMprofitabilitymetrics:

Annual Net Margin

34.39%
MBWM annual net profit margin is 34.39%

Annual Revenue

$231.47 M
MBWM annual revenue is $231.47 million

Annual Gross Profit

-
MBWM annual gross profit value is unknown

Annual EPS

$4.93
MBWM annual earnings per share is $4.93

Quarterly Net Income

$19.63 M
+$8000.00+0.04%

December 1, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

-2.02%

3-Year Change

-2.02%

5-Year Change

-2.02%

MBWM Quarterly Net Income Chart

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Highlights

Sector Rank

62.86%
MBWM quarterly net profit is higher than 62.86% of companies in Financial Services sector

High & Low

All-time High

$30.32 M
MBWM quarterly net profit is currently -35.28% below its historical high of $30.32 million

3-Year Low

$11.49 M
MBWM quarterly net profit is currently +70.78% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 1, 2024
MBWM previous earnings announcement was published on Dec 1, 2024

Next Quarterly Earnings Report Date

Apr 16, 2025
MBWM next earnings announcement is scheduled for Apr 16, 2025

OtherMBWMprofitabilitymetrics:

Quarterly Net Margin

33.53%
MBWM quarterly net profit margin is 33.53%

Quarterly Revenue

$58.53 M
MBWM quarterly revenue is $58.53 million

Quarterly Gross Profit

-
MBWM quarterly gross profit value is unknown

Quarterly EPS

$1.22
MBWM quarterly earnings per share is $1.22

TTM Net Income

$79.59 M
-$404.00 K-0.51%

December 1, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

-3.19%

3-Year Change

-3.19%

5-Year Change

-3.19%

MBWM TTM Net Income Chart

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Highlights

Sector Rank

63.37%
MBWM TTM net profit is higher than 63.37% of companies in Financial Services sector

High & Low

All-time High

$83.99 M
MBWM TTM net profit is currently -5.24% below its historical high of $83.99 million

3-Year Low

$49.92 M
MBWM TTM net profit is currently +59.44% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 1, 2024
MBWM previous earnings announcement was published on Dec 1, 2024

Next Quarterly Earnings Report Date

Apr 16, 2025
MBWM next earnings announcement is scheduled for Apr 16, 2025

OtherMBWMprofitabilitymetrics:

Annual Net Margin

34.39%
MBWM annual net profit margin is 34.39%

TTM Revenue

$231.47 M
MBWM TTM revenue is $231.47 million

TTM Gross Profit

-
MBWM TTM gross profit value is unknown

TTM EPS

$4.95
MBWM TTM earnings per share is $4.95

Net Income Formula

Net Income = Revenue − COGS − Operating Expenses − Interest − Taxes − Other Expenses

Annual Net Income

$79.59 M
MBWM annual net profit is $79.59 million

Annual Revenue

$231.47 M
MBWM annual revenue is $231.47 million

Annual Cost Of Goods Sold

-
MBWM annual cost of goods sold value is unknown

Annual Operating Expenses

$77.92 M
MBWM annual total operating expenses is $77.92 million

Annual Interest Expense

-
MBWM annual interest expense value is unknown

Annual Income Tax

$18.69 M
MBWM annual income tax is $18.69 million

MBWM Net Income Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year-3.2%-2.0%-3.2%
3 y3 years+34.9%-2.0%-3.2%
5 y5 years+60.9%-2.0%-3.2%

MBWM Net Income Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-year-3.2%+34.9%-10.0%+70.8%-5.2%+59.4%
5 y5-year-3.2%+80.3%-10.0%+125.6%-5.2%+83.5%
alltimeall time-3.2%+252.8%-35.3%+154.4%-5.2%+252.8%

Mercantile Bank Net Income History

DateAnnualQuarterlyTTM
Dec 2024
$79.59 M(-3.2%)
$19.63 M(+0.0%)
$79.59 M(-0.5%)
Sep 2024
-
$19.62 M(+4.4%)
$80.00 M(-1.5%)
Jun 2024
-
$18.79 M(-12.9%)
$81.23 M(-1.9%)
Mar 2024
-
$21.56 M(+7.6%)
$82.80 M(+0.7%)
Dec 2023
$82.22 M(+34.6%)
$20.03 M(-4.0%)
$82.22 M(-2.1%)
Sep 2023
-
$20.86 M(+2.4%)
$83.99 M(+6.1%)
Jun 2023
-
$20.36 M(-2.9%)
$79.16 M(+12.2%)
Mar 2023
-
$20.97 M(-3.8%)
$70.54 M(+15.5%)
Dec 2022
$61.06 M(+3.5%)
$21.80 M(+36.0%)
$61.06 M(+20.0%)
Sep 2022
-
$16.03 M(+36.6%)
$50.90 M(+2.0%)
Jun 2022
-
$11.74 M(+2.1%)
$49.92 M(-11.3%)
Mar 2022
-
$11.49 M(-1.3%)
$56.27 M(-4.7%)
Dec 2021
$59.02 M(+33.7%)
$11.64 M(-22.7%)
$59.02 M(-4.0%)
Sep 2021
-
$15.05 M(-16.8%)
$61.46 M(+7.6%)
Jun 2021
-
$18.09 M(+27.1%)
$57.10 M(+19.7%)
Mar 2021
-
$14.24 M(+1.1%)
$47.70 M(+8.1%)
Dec 2020
$44.14 M(-10.8%)
$14.08 M(+31.8%)
$44.14 M(+1.8%)
Sep 2020
-
$10.69 M(+22.9%)
$43.37 M(-4.2%)
Jun 2020
-
$8.70 M(-18.5%)
$45.29 M(-6.2%)
Mar 2020
-
$10.67 M(-19.9%)
$48.30 M(-2.3%)
Dec 2019
$49.46 M(+17.7%)
$13.32 M(+5.7%)
$49.46 M(+3.7%)
Sep 2019
-
$12.60 M(+7.6%)
$47.71 M(+5.5%)
Jun 2019
-
$11.71 M(-0.9%)
$45.24 M(+5.3%)
Mar 2019
-
$11.82 M(+2.2%)
$42.97 M(+2.2%)
Dec 2018
$42.02 M(+34.4%)
$11.57 M(+14.3%)
$42.02 M(+9.4%)
Sep 2018
-
$10.12 M(+7.2%)
$38.43 M(+4.9%)
Jun 2018
-
$9.45 M(-13.2%)
$36.64 M(+6.1%)
Mar 2018
-
$10.88 M(+36.4%)
$34.54 M(+10.4%)
Dec 2017
$31.27 M(-2.0%)
$7.98 M(-4.3%)
$31.27 M(-0.3%)
Sep 2017
-
$8.34 M(+13.5%)
$31.38 M(+1.6%)
Jun 2017
-
$7.34 M(-3.6%)
$30.89 M(-0.3%)
Mar 2017
-
$7.62 M(-5.8%)
$30.98 M(-2.9%)
Dec 2016
$31.91 M(+18.1%)
$8.09 M(+3.1%)
$31.91 M(+5.3%)
Sep 2016
-
$7.84 M(+5.5%)
$30.31 M(+1.7%)
Jun 2016
-
$7.43 M(-13.0%)
$29.80 M(+3.0%)
Mar 2016
-
$8.55 M(+31.9%)
$28.92 M(+7.0%)
Dec 2015
$27.02 M(+55.9%)
$6.48 M(-11.7%)
$27.02 M(+0.7%)
Sep 2015
-
$7.34 M(+11.9%)
$26.83 M(+5.5%)
Jun 2015
-
$6.56 M(-1.3%)
$25.44 M(+24.8%)
Mar 2015
-
$6.65 M(+5.6%)
$20.39 M(+17.7%)
Dec 2014
$17.33 M(+1.7%)
$6.29 M(+5.8%)
$17.33 M(+7.0%)
Sep 2014
-
$5.95 M(+294.1%)
$16.20 M(+18.2%)
Jun 2014
-
$1.51 M(-57.8%)
$13.71 M(-15.5%)
Mar 2014
-
$3.58 M(-30.7%)
$16.21 M(-4.8%)
Dec 2013
$17.03 M(+35.9%)
$5.16 M(+49.5%)
$17.03 M(+14.2%)
Sep 2013
-
$3.45 M(-14.0%)
$14.92 M(+5.9%)
Jun 2013
-
$4.02 M(-8.7%)
$14.08 M(+0.2%)
Mar 2013
-
$4.40 M(+44.4%)
$14.05 M(+12.1%)
Dec 2012
$12.54 M(-66.6%)
$3.05 M(+16.5%)
$12.54 M(-68.5%)
Sep 2012
-
$2.62 M(-34.5%)
$39.81 M(-1.0%)
Jun 2012
-
$3.99 M(+38.6%)
$40.22 M(+3.3%)
Mar 2012
-
$2.88 M(-90.5%)
$38.95 M(+3.9%)
DateAnnualQuarterlyTTM
Dec 2011
$37.48 M(-381.5%)
$30.32 M(+902.7%)
$37.48 M(+1596.9%)
Sep 2011
-
$3.02 M(+11.3%)
$2.21 M(-135.8%)
Jun 2011
-
$2.72 M(+91.4%)
-$6.17 M(-33.3%)
Mar 2011
-
$1.42 M(-128.7%)
-$9.25 M(-30.5%)
Dec 2010
-$13.32 M(-74.4%)
-$4.95 M(-7.5%)
-$13.32 M(-70.0%)
Sep 2010
-
-$5.36 M(+1375.8%)
-$44.45 M(+0.2%)
Jun 2010
-
-$363.00 K(-86.3%)
-$44.38 M(-11.7%)
Mar 2010
-
-$2.64 M(-92.7%)
-$50.24 M(-3.5%)
Dec 2009
-$52.09 M(+950.4%)
-$36.09 M(+582.7%)
-$52.09 M(+232.0%)
Sep 2009
-
-$5.29 M(-15.1%)
-$15.69 M(+68.3%)
Jun 2009
-
-$6.22 M(+38.7%)
-$9.32 M(+63.3%)
Mar 2009
-
-$4.49 M(-1538.8%)
-$5.71 M(+15.1%)
Dec 2008
-$4.96 M(-155.3%)
$312.00 K(-71.1%)
-$4.96 M(-4.2%)
Sep 2008
-
$1.08 M(-141.3%)
-$5.18 M(+33.1%)
Jun 2008
-
-$2.61 M(-30.1%)
-$3.89 M(-511.4%)
Mar 2008
-
-$3.74 M(-4034.7%)
$945.00 K(-89.5%)
Dec 2007
$8.97 M(-54.8%)
$95.00 K(-96.0%)
$8.97 M(-33.5%)
Sep 2007
-
$2.37 M(+6.6%)
$13.48 M(-17.4%)
Jun 2007
-
$2.22 M(-48.1%)
$16.31 M(-15.1%)
Mar 2007
-
$4.28 M(-7.0%)
$19.20 M(-3.3%)
Dec 2006
$19.85 M(+10.9%)
$4.61 M(-11.5%)
$19.85 M(+0.3%)
Sep 2006
-
$5.20 M(+1.8%)
$19.79 M(+4.8%)
Jun 2006
-
$5.11 M(+3.7%)
$18.89 M(+2.3%)
Mar 2006
-
$4.93 M(+8.4%)
$18.47 M(+3.2%)
Dec 2005
$17.90 M(+30.5%)
$4.55 M(+5.8%)
$17.90 M(+0.3%)
Sep 2005
-
$4.30 M(-8.3%)
$17.84 M(+7.1%)
Jun 2005
-
$4.69 M(+7.5%)
$16.65 M(+10.2%)
Mar 2005
-
$4.36 M(-2.8%)
$15.11 M(+10.1%)
Dec 2004
$13.72 M(+37.0%)
$4.49 M(+44.1%)
$13.72 M(+12.0%)
Sep 2004
-
$3.11 M(-1.0%)
$12.25 M(+7.8%)
Jun 2004
-
$3.15 M(+5.8%)
$11.36 M(+5.6%)
Mar 2004
-
$2.97 M(-1.4%)
$10.76 M(+7.4%)
Dec 2003
$10.02 M(+29.1%)
$3.02 M(+35.3%)
$10.02 M(+7.9%)
Sep 2003
-
$2.23 M(-12.3%)
$9.28 M(+0.8%)
Jun 2003
-
$2.54 M(+13.7%)
$9.21 M(+9.8%)
Mar 2003
-
$2.23 M(-2.1%)
$8.39 M(+8.1%)
Dec 2002
$7.76 M(+73.0%)
$2.28 M(+5.8%)
$7.76 M(+11.9%)
Sep 2002
-
$2.16 M(+25.6%)
$6.93 M(+13.4%)
Jun 2002
-
$1.72 M(+7.0%)
$6.11 M(+18.2%)
Mar 2002
-
$1.60 M(+10.4%)
$5.17 M(+15.4%)
Dec 2001
$4.48 M(+60.4%)
$1.45 M(+8.6%)
$4.48 M(+14.7%)
Sep 2001
-
$1.34 M(+72.2%)
$3.91 M(+16.7%)
Jun 2001
-
$777.00 K(-15.1%)
$3.35 M(+4.4%)
Mar 2001
-
$915.50 K(+4.0%)
$3.21 M(+14.9%)
Dec 2000
$2.79 M(+33.1%)
$880.10 K(+13.1%)
$2.80 M(+6.9%)
Sep 2000
-
$778.20 K(+22.3%)
$2.62 M(+7.3%)
Jun 2000
-
$636.50 K(+27.2%)
$2.44 M(+5.9%)
Mar 2000
-
$500.30 K(-28.5%)
$2.30 M(+4.6%)
Dec 1999
$2.10 M(-289.4%)
$700.00 K(+16.7%)
$2.20 M(+46.7%)
Sep 1999
-
$600.00 K(+20.0%)
$1.50 M(+66.7%)
Jun 1999
-
$500.00 K(+25.0%)
$900.00 K(+125.0%)
Mar 1999
-
$400.00 K
$400.00 K
Dec 1998
-$1.11 M
-
-

FAQ

  • What is Mercantile Bank annual net profit?
  • What is the all time high annual net income for Mercantile Bank?
  • What is Mercantile Bank annual net income year-on-year change?
  • What is Mercantile Bank quarterly net profit?
  • What is the all time high quarterly net income for Mercantile Bank?
  • What is Mercantile Bank quarterly net income year-on-year change?
  • What is Mercantile Bank TTM net profit?
  • What is the all time high TTM net income for Mercantile Bank?
  • What is Mercantile Bank TTM net income year-on-year change?

What is Mercantile Bank annual net profit?

The current annual net income of MBWM is $79.59 M

What is the all time high annual net income for Mercantile Bank?

Mercantile Bank all-time high annual net profit is $82.22 M

What is Mercantile Bank annual net income year-on-year change?

Over the past year, MBWM annual net profit has changed by -$2.62 M (-3.19%)

What is Mercantile Bank quarterly net profit?

The current quarterly net income of MBWM is $19.63 M

What is the all time high quarterly net income for Mercantile Bank?

Mercantile Bank all-time high quarterly net profit is $30.32 M

What is Mercantile Bank quarterly net income year-on-year change?

Over the past year, MBWM quarterly net profit has changed by -$404.00 K (-2.02%)

What is Mercantile Bank TTM net profit?

The current TTM net income of MBWM is $79.59 M

What is the all time high TTM net income for Mercantile Bank?

Mercantile Bank all-time high TTM net profit is $83.99 M

What is Mercantile Bank TTM net income year-on-year change?

Over the past year, MBWM TTM net profit has changed by -$2.62 M (-3.19%)