MERCANTILE BANK CORP
Ticker: 1042729
values in millions
Revenue & Profit Trend
in millionsRevenueExpenditureNet Profit
Margin Trend
percentageOPM %NPM %
| Period | Q1 FY26 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q3 FY23 |
|---|---|---|---|---|---|---|---|---|
| INCOME | ||||||||
| Revenue | 67.59+8.3% | 62.39+2.4% | 60.94+6.4% | 57.25-1.2% | 57.96+2.1% | 56.75-2.5% | 58.23+0.0% | 58.21 |
| Total Income | 67.59+8.3% | 62.39+2.4% | 60.94+6.4% | 57.25-1.2% | 57.96+2.1% | 56.75-2.5% | 58.23+0.0% | 58.21 |
| EXPENSES | ||||||||
| Expenditure | 40.31+15.3% | 34.95-0.1% | 34.98+5.4% | 33.20-0.6% | 33.40+0.5% | 33.24+6.4% | 31.24-3.0% | 32.22 |
| Tax | 4.60+25.0% | 3.68+10.2% | 3.34-25.9% | 4.51-8.7% | 4.94+4.4% | 4.73-12.7% | 5.42+5.7% | 5.13 |
| PROFIT | ||||||||
| PBT | 27.28-0.6% | 27.44+5.7% | 25.96+7.9% | 24.05-2.1% | 24.56+4.4% | 23.52-12.9% | 26.99+3.8% | 25.99 |
| Net Profit | 22.69-4.5% | 23.76+5.0% | 22.62+15.8% | 19.54-0.4% | 19.62+4.4% | 18.79-12.8% | 21.56+3.4% | 20.86 |
| KEY METRICS | ||||||||
| OPM % | 40.37%-3.62pp | 43.98%+1.38pp | 42.60%+0.60pp | 42.00%-0.37pp | 42.37%+0.93pp | 41.44%-4.91pp | 46.34%+1.70pp | 44.65% |
| NPM % | 33.56%-4.52pp | 38.08%+0.96pp | 37.12%+2.99pp | 34.13%+0.28pp | 33.85%+0.75pp | 33.10%-3.93pp | 37.03%+1.20pp | 35.83% |
| EPS | 1.32-9.6% | 1.46+5.0% | 1.39+14.9% | 1.21-0.8% | 1.22+4.3% | 1.17-12.7% | 1.34+3.1% | 1.30 |
Corporate Events
Board MeetingMBWM
202624Sep
Board Meeting
Board approved the 2026-2027 Merger Integration and Core Con…
SEC Filing ↗ Board MeetingMBWM
202621May
Board Meeting
Annual Meeting of Shareholders to vote on the election of tw…
SEC Filing ↗