Current Net Margin
24.48%
Mercantile Bank Corporation currently has a net profit margin of 24.48%.
Financial Fundamentals
MBWM • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.09 | 0.02 | 24.48% | ▼26 |
| 2025-09-30 | 0.10 | 0.02 | 24.74% | ▲53 |
| 2025-06-30 | 0.09 | 0.02 | 24.21% | ▲227 |
| 2025-03-31 | 0.09 | 0.02 | 21.94% | ▲76 |
| 2024-12-31 | 0.09 | 0.02 | 21.18% | ▲10 |
| 2024-09-30 | 0.09 | 0.02 | 21.08% | ▼14 |
| 2024-06-30 | 0.09 | 0.02 | 21.21% | ▼340 |
| 2024-03-31 | 0.09 | 0.02 | 24.62% | ▲22 |
| 2023-12-31 | 0.08 | 0.02 | 24.40% | ▼154 |
| 2023-09-30 | 0.08 | 0.02 | 25.94% | ▼173 |
| 2023-06-30 | 0.07 | 0.02 | 27.67% | ▼343 |
| 2023-03-31 | 0.07 | 0.02 | 31.10% | ▼189 |
| 2022-12-31 | 0.07 | 0.02 | 32.99% | ▲406 |
| 2022-09-30 | 0.06 | 0.02 | 28.93% | ▲411 |
| 2022-06-30 | 0.05 | 0.01 | 24.82% | ▼63 |
| 2022-03-31 | 0.05 | 0.01 | 25.45% | ▲202 |
| 2021-12-31 | 0.05 | 0.01 | 23.43% | ▼582 |
| 2021-09-30 | 0.05 | 0.02 | 29.25% | ▼747 |
| 2021-06-30 | 0.05 | 0.02 | 36.72% | ▲720 |
| 2021-03-31 | 0.05 | 0.01 | 29.51% | ▲241 |
| 2020-12-31 | 0.05 | 0.01 | 27.11% | ▲525 |
| 2020-09-30 | 0.05 | 0.01 | 21.85% | ▲379 |
| 2020-06-30 | 0.05 | 0.01 | 18.07% | ▼593 |
| 2020-03-31 | 0.04 | 0.01 | 23.99% | ▼442 |
| 2019-12-31 | 0.05 | 0.01 | 28.41% | ▲160 |
| 2019-09-30 | 0.05 | 0.01 | 26.81% | ▲143 |
| 2019-06-30 | 0.05 | 0.01 | 25.38% | ▼74 |
| 2019-03-31 | 0.05 | 0.01 | 26.12% | ▼107 |
| 2018-12-31 | 0.04 | 0.01 | 27.19% | ▲201 |
| 2018-09-30 | 0.04 | 0.01 | 25.19% | ▲88 |
| 2018-06-30 | 0.04 | 0.01 | 24.30% | ▼334 |
| 2018-03-31 | 0.04 | 0.01 | 27.64% | ▲631 |
| 2017-12-31 | 0.04 | 0.01 | 21.33% | ▼82 |
| 2017-09-30 | 0.04 | 0.01 | 22.15% | ▲114 |
| 2017-06-30 | 0.03 | 0.01 | 21.01% | ▼102 |
| 2017-03-31 | 0.03 | 0.01 | 22.04% | ▼152 |
| 2016-12-31 | 0.03 | 0.01 | 23.56% | ▲114 |
| 2016-09-30 | 0.03 | 0.01 | 22.42% | ▲69 |
| 2016-06-30 | 0.03 | 0.01 | 21.73% | ▼203 |
| 2016-03-31 | 0.04 | 0.01 | 23.76% | ▲390 |
| 2015-12-31 | 0.03 | 0.01 | 19.86% | ▼252 |
| 2015-09-30 | 0.03 | 0.01 | 22.38% | ▲168 |
| 2015-06-30 | 0.03 | 0.01 | 20.70% | ▼55 |
| 2015-03-31 | 0.03 | 0.01 | 21.24% | ▲125 |
| 2014-12-31 | 0.03 | 0.01 | 19.99% | ▲129 |
| 2014-09-30 | 0.03 | 0.01 | 18.70% | ▲1144 |
| 2014-06-30 | 0.02 | 0.00 | 7.27% | ▼1645 |
| 2014-03-31 | 0.02 | 0.00 | 23.72% | ▼672 |
| 2013-12-31 | 0.02 | 0.01 | 30.43% | ▲931 |
| 2013-09-30 | 0.02 | 0.00 | 21.12% | ▼436 |
| 2013-06-30 | 0.02 | 0.00 | 25.48% | ▼196 |
| 2013-03-31 | 0.02 | 0.00 | 27.44% | ▲922 |
| 2012-12-31 | 0.02 | 0.00 | 18.22% | ▲267 |
| 2012-09-30 | 0.02 | 0.00 | 15.55% | ▼811 |
| 2012-06-30 | 0.02 | 0.00 | 23.66% | ▲719 |
| 2012-03-31 | 0.02 | 0.00 | 16.47% | ▼14807 |
| 2011-12-31 | 0.02 | 0.03 | 164.54% | ▲14850 |
| 2011-09-30 | 0.02 | 0.00 | 16.04% | ▲256 |
| 2011-06-30 | 0.02 | 0.00 | 13.48% | ▲669 |
| 2011-03-31 | 0.02 | 0.00 | 6.79% | ▲2849 |
| 2010-12-31 | 0.02 | -0.00 | -21.70% | ▲60 |
| 2010-09-30 | 0.02 | -0.01 | -22.30% | ▼2083 |
| 2010-06-30 | 0.02 | -0.00 | -1.47% | ▲876 |
| 2010-03-31 | 0.03 | -0.00 | -10.23% | ▲12293 |
| 2009-12-31 | 0.03 | -0.04 | -133.15% | ▼11400 |
| 2009-09-30 | 0.03 | -0.01 | -19.15% | ▲252 |
| 2009-06-30 | 0.03 | -0.01 | -21.67% | ▼673 |
| 2009-03-31 | 0.03 | -0.00 | -14.94% | ▼1591 |
| 2008-12-31 | 0.03 | 0.00 | 0.98% | ▼243 |
| 2008-09-30 | 0.03 | 0.00 | 3.41% | ▲1186 |
| 2008-06-30 | 0.03 | -0.00 | -8.45% | ▲259 |
| 2008-03-31 | 0.03 | -0.00 | -11.04% | ▼1130 |
| 2007-12-31 | 0.04 | 0.00 | 0.26% | ▼592 |
| 2007-09-30 | 0.04 | 0.00 | 6.18% | ▲26 |
| 2007-06-30 | 0.04 | 0.00 | 5.92% | ▼552 |
| 2007-03-31 | 0.04 | 0.00 | 11.44% | ▼64 |
| 2006-12-31 | 0.04 | 0.00 | 12.08% | ▼197 |
| 2006-09-30 | 0.04 | 0.01 | 14.05% | ▼55 |
| 2006-06-30 | 0.04 | 0.01 | 14.59% | ▼65 |
| 2006-03-31 | 0.03 | 0.00 | 15.24% | ▲67 |
| 2005-12-31 | 0.03 | 0.00 | 14.57% | ▼73 |
| 2005-09-30 | 0.03 | 0.00 | 15.31% | ▼304 |
| 2005-06-30 | 0.03 | 0.00 | 18.35% | ▼69 |
| 2005-03-31 | 0.02 | 0.00 | 19.04% | ▼252 |
| 2004-12-31 | 0.02 | 0.00 | 21.55% | ▲514 |
| 2004-09-30 | 0.02 | 0.00 | 16.41% | ▼195 |
| 2004-06-30 | 0.02 | 0.00 | 18.36% | ▲23 |
| 2004-03-31 | 0.02 | 0.00 | 18.14% | ▼96 |
| 2003-12-31 | 0.02 | 0.00 | 19.10% | ▲416 |
| 2003-09-30 | 0.01 | 0.00 | 14.94% | ▼238 |
| 2003-06-30 | 0.01 | 0.00 | 17.32% | ▲96 |
| 2003-03-31 | 0.01 | 0.00 | 16.36% | ▼37 |
| 2002-12-31 | 0.01 | 0.00 | 16.72% | ▲44 |
| 2002-09-30 | 0.01 | 0.00 | 16.29% | ▲222 |
| 2002-06-30 | 0.01 | 0.00 | 14.07% | ▲25 |
| 2002-03-31 | 0.01 | 0.00 | 13.82% | ▲159 |
| 2001-12-31 | 0.01 | 0.00 | 12.22% | ▲104 |
| 2001-09-30 | 0.01 | 0.00 | 11.18% | ▲435 |
| 2001-06-30 | 0.01 | 0.00 | 6.83% | ▼130 |
| 2001-03-31 | 0.01 | 0.00 | 8.13% | ▼12 |
| 2000-12-31 | 0.01 | 0.00 | 8.24% | ▲58 |
| 2000-09-30 | 0.01 | 0.00 | 7.66% | ▲68 |
| 2000-06-30 | 0.01 | 0.00 | 6.98% | ▲80 |
| 2000-03-31 | 0.01 | 0.00 | 6.19% | ▼381 |
| 1999-12-31 | 0.01 | 0.00 | 10.00% | ▲63 |
| 1999-09-30 | 0.01 | 0.00 | 9.38% | ▲28 |
| 1999-06-30 | 0.01 | 0.00 | 9.09% | ▲65 |
| 1999-03-31 | 0.00 | 0.00 | 8.44% | ▼256 |
| 1998-12-31 | 0.00 | 0.00 | 10.99% | ▲320 |
| 1998-09-30 | 0.00 | 0.00 | 7.79% | ▲3872 |
| 1998-06-30 | 0.00 | -0.00 | -30.93% | ▲15596 |
| 1998-03-31 | 0.00 | -0.00 | -186.89% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.