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Mercantile Bank (MBWM) Net Margin

Annual Net Margin

34.39%
-2.04%-5.60%

December 1, 2024

Summary

Performance

1-Year Change

-5.6%

3-Year Change

+4.43%

5-Year Change

+5.33%

15-Year Change

+41.58%

MBWM Net Margin Chart

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Highlights

Sector Rank

85.11%
MBWM annual net profit margin is higher than 85.11% of companies in Financial Services sector

High & Low

All-time High

64.06%
MBWM annual net profit margin is currently -46.32% below its historical high of 64.06%

3-Year Low

32.08%
MBWM annual net profit margin is currently +7.20% 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 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 Gross Margin

-
MBWM annual gross profit margin value is unknown

Annual EPS

$4.93
MBWM annual earnings per share is $4.93

Quarterly Net Margin

33.53%
-0.32%-0.95%

December 1, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

-4.66%

3-Year Change

-4.66%

5-Year Change

-4.66%

MBWM Quarterly Net Margin Chart

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Highlights

Sector Rank

81.52%
MBWM quarterly net profit margin is higher than 81.52% of companies in Financial Services sector

High & Low

All-time High

40.77%
MBWM quarterly net profit margin is currently -17.76% below its historical high of 40.77%

3-Year Low

25.77%
MBWM quarterly net profit margin is currently +30.11% 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 Income

$19.63 M
MBWM quarterly net profit is $19.63 million

Quarterly Revenue

$58.53 M
MBWM quarterly revenue is $58.53 million

Quarterly Gross Margin

-
MBWM quarterly gross profit margin value is unknown

Quarterly EPS

$1.22
MBWM quarterly earnings per share is $1.22

Net Margin Formula

Net Margin =  Net Income
Revenue ✕ 100%

Annual Net Margin

34.39%
MBWM annual net profit margin is 34.39%

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

MBWM Net Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-5.6%-4.7%
3 y3 years+4.4%-4.7%
5 y5 years+5.3%-4.7%

MBWM Net Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-5.6%+7.2%-11.5%+30.1%
5 y5-year-5.6%+30.5%-17.8%+60.2%
alltimeall time-46.3%+138.9%-17.8%+114.4%

Mercantile Bank Net Margin History

DateAnnualQuarterly
Dec 2024
34.39%(-5.6%)
33.53%(-0.9%)
Sep 2024
-
33.85%(+2.3%)
Jun 2024
-
33.10%(-10.6%)
Mar 2024
-
37.03%(+5.3%)
Dec 2023
36.43%(+13.6%)
35.17%(-1.8%)
Sep 2023
-
35.83%(-2.8%)
Jun 2023
-
36.88%(-2.7%)
Mar 2023
-
37.90%(+1.6%)
Dec 2022
32.08%(-2.6%)
37.32%(+15.6%)
Sep 2022
-
32.28%(+15.7%)
Jun 2022
-
27.90%(-2.5%)
Mar 2022
-
28.61%(+11.0%)
Dec 2021
32.93%(+24.9%)
25.77%(-20.0%)
Sep 2021
-
32.23%(-20.9%)
Jun 2021
-
40.77%(+23.1%)
Mar 2021
-
33.12%(+8.6%)
Dec 2020
26.36%(-19.3%)
30.49%(+22.2%)
Sep 2020
-
24.96%(+19.3%)
Jun 2020
-
20.93%(-27.7%)
Mar 2020
-
28.95%(-16.4%)
Dec 2019
32.65%(+8.1%)
34.61%(+5.2%)
Sep 2019
-
32.91%(+5.2%)
Jun 2019
-
31.28%(-1.4%)
Mar 2019
-
31.72%(-0.8%)
Dec 2018
30.21%(+24.4%)
31.98%(+9.1%)
Sep 2018
-
29.30%(+4.8%)
Jun 2018
-
27.97%(-11.1%)
Mar 2018
-
31.47%(+29.8%)
Dec 2017
24.29%(-3.4%)
24.25%(-3.3%)
Sep 2017
-
25.07%(+6.6%)
Jun 2017
-
23.51%(-3.2%)
Mar 2017
-
24.28%(-6.8%)
Dec 2016
25.15%(+9.1%)
26.05%(+5.4%)
Sep 2016
-
24.72%(+3.6%)
Jun 2016
-
23.85%(-8.0%)
Mar 2016
-
25.93%(+18.9%)
Dec 2015
23.05%(+16.8%)
21.81%(-11.1%)
Sep 2015
-
24.53%(+8.7%)
Jun 2015
-
22.57%(-3.0%)
Mar 2015
-
23.28%(+5.4%)
Dec 2014
19.74%(-37.0%)
22.08%(+7.2%)
Sep 2014
-
20.59%(+143.4%)
Jun 2014
-
8.46%(-70.3%)
Mar 2014
-
28.48%(-21.2%)
Dec 2013
31.35%(+36.8%)
36.14%(+43.1%)
Sep 2013
-
25.25%(-17.7%)
Jun 2013
-
30.69%(-7.4%)
Mar 2013
-
33.13%(+50.0%)
Dec 2012
22.92%
22.09%(+15.2%)
Sep 2012
-
19.18%(-35.4%)
DateAnnualQuarterly
Jun 2012
-
29.67%(+42.2%)
Mar 2012
-
20.87%(-2.7%)
Dec 2011
64.06%(-415.6%)
-
Sep 2011
-
21.45%(+17.3%)
Jun 2011
-
18.29%(+95.8%)
Mar 2011
-
9.34%(-130.2%)
Dec 2010
-20.30%(-77.0%)
-30.97%(-6.2%)
Sep 2010
-
-33.02%(+1394.1%)
Jun 2010
-
-2.21%(-85.8%)
Mar 2010
-
-15.58%(-93.3%)
Dec 2009
-88.45%(+854.2%)
-233.36%(+574.5%)
Sep 2009
-
-34.60%(-20.4%)
Jun 2009
-
-43.49%(+34.1%)
Mar 2009
-
-32.44%(-1588.1%)
Dec 2008
-9.27%(-163.5%)
2.18%(-72.6%)
Sep 2008
-
7.97%(-137.7%)
Jun 2008
-
-21.15%(-24.9%)
Mar 2008
-
-28.16%(-4432.3%)
Dec 2007
14.60%(-50.8%)
0.65%(-95.7%)
Sep 2007
-
15.22%(+5.3%)
Jun 2007
-
14.45%(-46.4%)
Mar 2007
-
26.95%(-2.4%)
Dec 2006
29.69%(+1.1%)
27.61%(-10.2%)
Sep 2006
-
30.76%(-2.2%)
Dec 2005
29.37%(+0.0%)
-
Mar 2005
-
31.46%(+10.0%)
Dec 2004
29.36%(+4.6%)
-
Jun 2004
-
28.60%(+1.3%)
Mar 2004
-
28.24%(-6.0%)
Dec 2003
28.08%(-3.3%)
30.03%(+22.9%)
Sep 2003
-
24.44%(-15.8%)
Jun 2003
-
29.04%(+1.0%)
Mar 2003
-
28.74%(-4.2%)
Dec 2002
29.04%(+18.5%)
29.99%(+0.2%)
Sep 2002
-
29.94%(+9.8%)
Jun 2002
-
27.26%(-4.8%)
Mar 2002
-
28.63%(+9.8%)
Dec 2001
24.50%(+18.1%)
26.08%(-6.6%)
Sep 2001
-
27.93%(+46.1%)
Jun 2001
-
19.12%(-19.2%)
Mar 2001
-
23.65%(-2.5%)
Dec 2000
20.75%(+1.8%)
24.25%(+10.5%)
Sep 2000
-
21.94%(+12.7%)
Jun 2000
-
19.47%(+17.6%)
Mar 2000
-
16.56%(-33.8%)
Dec 1999
20.39%(-156.3%)
25.00%(+20.8%)
Sep 1999
-
20.69%(+3.5%)
Jun 1999
-
20.00%(+5.5%)
Mar 1999
-
18.96%
Dec 1998
-36.24%
-

FAQ

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

What is Mercantile Bank annual net profit margin?

The current annual net margin of MBWM is 34.39%

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

Mercantile Bank all-time high annual net profit margin is 64.06%

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

Over the past year, MBWM annual net profit margin has changed by -2.04% (-5.60%)

What is Mercantile Bank quarterly net profit margin?

The current quarterly net margin of MBWM is 33.53%

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

Mercantile Bank all-time high quarterly net profit margin is 40.77%

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

Over the past year, MBWM quarterly net profit margin has changed by -1.64% (-4.66%)