Superworth

Mercantile Bank profit margin MBWM

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
36.5%
Net margin on a year earlier
+1.8 pts
Peer median
28.8%

Over the twelve months to Jun 30, 2026, Mercantile Bank kept 36.5% of its revenue as net profit.

Five years earlier its net margin was 32.2%.

The median for 10 regional banks of a similar size is 28.8%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY202536.6%
FY202434.4%
FY202336.4%
FY202232.1%
FY202132.7%
FY202026.4%
FY201932.6%
FY201830.2%
FY201724.3%
FY201625.1%
FY201523.1%
FY201419.7%
FY201331.4%
FY201222.9%
FY201164.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2636.5%+1.8 pts
Q1 FY2636.3%+2.7 pts
Q4 FY2536.6%+2.2 pts
Q3 FY2535.8%+1.0 pts
Q2 FY2534.7%−0.6 pts
Q1 FY2533.7%−2.6 pts
Q4 FY2434.4%−2.0 pts
Q3 FY2434.8%−2.2 pts
Q2 FY2435.3%−0.9 pts
Q1 FY2436.2%+1.9 pts
Q4 FY2336.4%+4.3 pts
Q3 FY2337.0%+8.2 pts

Against its peers

Companies in Banks - Regional nearest Mercantile Bank's size, closest first, today.

CompanyProfit margin
MBWMMercantile Bank36.5%
CFFNCapitol Federal Financial36.1%
CCNECNB Financial28.7%
BFSTBusiness First Bancshares26.9%
FSBCFive Star Bancorp40.5%
MCBSMetroCity Bankshares43.8%
NBBKNB Bancorp22.8%
EQBKEquity Bancshares14.0%
CPFCentral Pacific Financial27.5%
UVSPUNIVEST FINANCIAL29.0%
TRSTTrustco Bank Corp N Y33.0%
Peer median28.8%

Where Mercantile Bank ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Mercantile Bank

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.