Mercantile Bank Corp (MBWM)
49.54
-0.02
(-0.04%)
USD |
NASDAQ |
Nov 14, 16:00
49.54
0.00 (0.00%)
After-Hours: 20:00
Mercantile Bank Profit Margin (Quarterly): 33.85% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 33.85% |
| June 30, 2024 | 33.10% |
| March 31, 2024 | 37.03% |
| December 31, 2023 | 35.17% |
| September 30, 2023 | 35.83% |
| June 30, 2023 | 36.88% |
| March 31, 2023 | 37.90% |
| December 31, 2022 | 37.32% |
| September 30, 2022 | 32.28% |
| June 30, 2022 | 27.90% |
| March 31, 2022 | 28.61% |
| December 31, 2021 | 25.77% |
| September 30, 2021 | 32.23% |
| June 30, 2021 | 40.77% |
| March 31, 2021 | 33.12% |
| December 31, 2020 | 30.49% |
| September 30, 2020 | 24.96% |
| June 30, 2020 | 20.93% |
| March 31, 2020 | 28.95% |
| December 31, 2019 | 34.61% |
| September 30, 2019 | 32.91% |
| June 30, 2019 | 31.28% |
| March 31, 2019 | 31.72% |
| December 31, 2018 | 31.98% |
| September 30, 2018 | 29.30% |
| Date | Value |
|---|---|
| June 30, 2018 | 27.97% |
| March 31, 2018 | 31.47% |
| December 31, 2017 | 24.25% |
| September 30, 2017 | 25.07% |
| June 30, 2017 | 23.51% |
| March 31, 2017 | 24.28% |
| December 31, 2016 | 26.05% |
| September 30, 2016 | 24.72% |
| June 30, 2016 | 23.85% |
| March 31, 2016 | 25.93% |
| December 31, 2015 | 21.81% |
| September 30, 2015 | 24.53% |
| June 30, 2015 | 22.57% |
| March 31, 2015 | 23.28% |
| December 31, 2014 | 22.08% |
| September 30, 2014 | 20.59% |
| June 30, 2014 | 8.46% |
| March 31, 2014 | 28.48% |
| December 31, 2013 | 36.14% |
| September 30, 2013 | 25.25% |
| June 30, 2013 | 30.69% |
| March 31, 2013 | 33.13% |
| December 31, 2012 | 22.09% |
| September 30, 2012 | 19.18% |
| June 30, 2012 | 29.67% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
20.93%
Minimum
Jun 2020
40.77%
Maximum
Jun 2021
32.39%
Average
33.11%
Median
Profit Margin (Quarterly) Benchmarks
| CVB Financial Corp | 43.68% |
| Independent Bank Corp | 24.59% |
| Bar Harbor Bankshares Inc | 31.58% |
| Evans Bancorp Inc | 16.32% |
| Park National Corp | 27.77% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.94% |
| Return on Assets | 1.45% |
| Return on Invested Capital | 7.16% |
| Return on Net Operating Assets | 47.44% |