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$ 228.38MGross Profit
VS
Market
51
Sector
44
Industry
56
History
100
$ 45.14Close
$ 38.53 - $ 51.79 52-Week Range
Ticker Information

Ticker

MBWM

Company Name

MERCANTILE BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

MERCANTILE BANK CORP - Gross Profit Chart Analysis (TTM)

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MBWM - GP Historical data
DateGross Profit
6/30/2025$ 228.38M
3/31/2025$ 222.29M
12/31/2024$ 224.07M
9/30/2024$ 222.19M
6/30/2024$ 220.24M
3/31/2024$ 220.18M
12/31/2023$ 217.99M
9/30/2023$ 218.25M
6/30/2023$ 210.07M
3/31/2023$ 198.44M
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Key Performance Insights, Last 5 Years

  • MERCANTILE BANK CORP's latest trailing twelve months (TTM) GP stands at $ 148.87M.
  • Over the past 5 years, MERCANTILE BANK CORP's average GP has been $ 195.04M.
  • The median GP for MERCANTILE BANK CORP during this period was $ 191.51M
  • MERCANTILE BANK CORP reached its highest GP over the past 5 years at $ 228.38M.
  • The lowest GP recorded by MERCANTILE BANK CORP in the same timeframe $ 148.87M

MERCANTILE BANK CORP's GP vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

GP Benchmarks
CompanyGP
EQBK : EQUITY BANCSHARES INC $ 228.63MHBT : HBT FINANCIAL INC $ 229.85MHAFC : HANMI FINANCIAL CORP $ 233.74MHFWA : HERITAGE FINANCIAL CORP $ 221.31MCPF : CENTRAL PACIFIC FINANCIAL CORP $ 253.78MCCBG : CAPITAL CITY BANK GROUP INC $ 240.94MCCNE : CNB FINANCIAL CORP $ 224.76MGSBC : GREAT SOUTHERN BANCORP INC $ 224.3MHBNC : HORIZON BANCORP INC $ 211.58MTHFF : FIRST FINANCIAL CORP $ 230.45M

Definition of Gross Profit

[Income Statement] Gross Profit is a financial metric that demonstrates how sales [Revenue] cover the direct costs associated with the production of goods [CoR].

MBWM - Gross Profit, Last 5 years

$ 148.87M

Minimum

Sep 30, 2020

$ 228.38M

Maximum

Jun 30, 2025

$ 195.04M

Average

$ 191.51M

Median

GP Benchmark Analysis

The chart above depicts the distribution of GP for companies in the Total Stock Market. The average GP of the companies is $ 245.41M with a standard deviation of $ 328.36M.
The following table provides additional summary stats:
GP in the Market:
filtered constituents3.33K
min$ -790.38M
max$ 1.32B
average$ 245.41M
median$ 93.41M
std$ 328.36M