Mercantile Bank

Mercantile Bank EBIT Margin

The EBIT Margin (Operating Margin) of Mercantile Bank (MBWM) as of Nov 3, 2026 is 27.46 %. In the previous year, EBIT Margin (Operating Margin) was 27.16 % — a change of 1.10% (higher).

EBIT Margin

27.46 %

YoY

1.10%

Last updated:

EBIT Margin (Operating Margin) of Mercantile Bank is 2025 27.46 % . EBIT Margin (Operating Margin) of Mercantile Bank was 2024 27.16 % . It decreases by 1.10% higher compared to the previous year.

For Mercantile Bank, the operating (EBIT) margin of 42.1% is broadly stable versus 41.1% a few years ago.

The Mercantile Bank EBIT Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT Margin
Date
EBIT Margin
Jan 1, 2018
32.19 USD
Jan 1, 2019
32.63 USD
Jan 1, 2020
28.35 USD
Jan 1, 2021
37.11 USD
Jan 1, 2022
35.43 USD
Jan 1, 2023
33.84 USD
Jan 1, 2024
27.16 USD
Jan 1, 2025
27.46 USD
The Mercantile Bank EBIT Margin history
YEAREBIT MarginYoY
27.46 %+1.10%
27.16 %-19.74%
33.84 %-4.49%
35.43 %-4.52%
37.11 %+30.90%
28.35 %-13.12%
32.63 %+1.37%
32.19 %+0.97%
31.88 %-5.15%
33.61 %+11.11%
30.25 %+19.03%
25.41 %+5,402.36%
0.46 %+39.03%
0.33 %+91.95%
0.17 %-184.83%
-0.20 %-74.21%
-0.79 %+330.35%
-0.18 %-194.21%
0.20 %-54.69%
0.43 %—

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Mercantile Bank Stock analysis

What does Mercantile Bank do? Mercantile Bank Corp is a US bank based in Grand Rapids, Michigan. The bank traces its roots back to Mercantile Bank of Michigan and was established as a holding company in 1997. It is listed on the Nasdaq stock exchange and currently has a market value of around $750 million. The history of Mercantile Bank Corp can be traced back to 1992 when Mercantile Bank of Michigan was founded. The bank was a small but rapidly growing bank specializing in serving middle-market business customers and individual customers. In 1997, Mercantile Bank Corp was established as a holding company to support the company's growth. The business model of Mercantile Bank Corp focuses on providing financial services to middle-market businesses and individual customers. The bank currently operates 49 branches in Michigan, Indiana, and Florida and offers a wide range of banking services including loans, deposits, cash management, and online banking. The various divisions in which Mercantile Bank Corp operates include retail banking, commercial banking, and wealth management. Retail banking provides banking services to individual customers including deposits, loans, and online banking. Commercial banking offers financial services to businesses including loans, deposits, and cash management. Wealth management provides a wide range of investment and asset management services to its clients. Products and services offered by Mercantile Bank Corp include checking accounts, savings accounts, loans, credit cards, mortgages, mutual funds, investment advice, asset management, cash management, and online banking. The bank also offers specialized financial services such as SBA loans (i.e., loans from the US Small Business Administration), hospital financing, and leasing. Mercantile Bank Corp has delivered strong financial performance in recent years. In 2019, the bank reported a net income of $60.3 million, representing a 16.6% increase compared to the previous year. The bank's growth has been supported by strong credit portfolio performance and a solid balance sheet. Overall, Mercantile Bank Corp offers a wide range of banking services to both business and individual customers. The bank is well-positioned to continue growing and expanding its presence in the markets it serves. The future of Mercantile Bank Corp looks very promising, and it will continue to play an important role in the financial services industry. Mercantile Bank is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mercantile Bank stock

EBIT Margin (Operating Margin) of Mercantile Bank is 27.46 % in 2025.

EBIT Margin (Operating Margin) of Mercantile Bank changed from 27.16 % to 27.46 %, representing a 1.10% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EBIT Margin (Operating Margin) Mercantile Bank since 2006 – with annual values, charts, and detailed analysis.

EBIT Margin measures operating profitability as a percentage of revenue. It shows how much profit a company makes from operations before interest and taxes.

A 'good' varies by industry and company stage. On Eulerpool, you can compare EBIT Margin (Operating Margin)'s Mercantile Bank with sector peers and the industry average to assess whether it is attractive.

To evaluate EBIT Margin (Operating Margin)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EBIT Margin (Operating Margin).

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Margins — Mercantile Bank

Gross MarginEBIT MarginEBITDA MarginNet MarginFCF MarginR&D / RevenueTax RatePayout RatioPre-Tax MarginOCF MarginSGA/RevenueOpEx/RevenueReinvestment Rate

All Key Metrics — Mercantile Bank