Mercantile Bank Corp (MBWM)
36.91
-0.42
(-1.13%)
USD |
NASDAQ |
Jun 13, 16:00
36.90
-0.01
(-0.03%)
After-Hours: 20:00
Mercantile Bank Profit Margin (Quarterly): 37.03% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
Date | Value |
---|---|
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% |
June 30, 2018 | 27.97% |
March 31, 2018 | 31.47% |
Date | Value |
---|---|
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% |
March 31, 2012 | 20.86% |
December 31, 2011 |
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
32.25%
Average
32.60%
Median
Profit Margin (Quarterly) Benchmarks
Associated Banc-Corp | 25.30% |
Bar Harbor Bankshares Inc | 27.55% |
Evans Bancorp Inc | 14.43% |
Park National Corp | 28.90% |
Tompkins Financial Corp | 23.51% |
Profit Margin (Quarterly) Related Metrics
Return on Equity | 16.64% |
Return on Assets | 1.59% |
Return on Invested Capital | 7.67% |
Return on Net Operating Assets | 51.12% |