The Net Margin of Mercantile Bank Corp (MBWM) is 21.99%.
Net Margin measures the percentage of net income derived from total revenue after all expenses. It signals how much actual profit a company retains from its sales.
| Date | Value |
|---|---|
| 2024-12-31 | 21.99% |
| 2023-12-31 | 27.09% |
| 2022-12-31 | 28.56% |
| 2021-12-31 | 29.54% |
| 2020-12-31 | 22.79% |
| 2019-12-31 | 26.71% |
| 2018-12-31 | 26.09% |
| 2017-12-31 | 21.66% |
| 2016-12-31 | 22.87% |
| 2015-12-31 | 21.04% |