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Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
41.84
-0.23 (-0.55%)
Apr 25, 2025, 4:00 PM EDT - Market closed

Mercantile Bank Revenue

Mercantile Bank had revenue of $55.15M in the quarter ending March 31, 2025, a decrease of -3.12%. This brings the company's revenue in the last twelve months to $222.30M, up 0.96% year-over-year. In the year 2024, Mercantile Bank had annual revenue of $224.08M with 2.79% growth.

Revenue (ttm)
$222.30M
Revenue Growth
+0.96%
P/S Ratio
3.04
Revenue / Employee
$325,947
Employees
682
Market Cap
679.29M

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2024224.08M6.09M2.79%
Dec 31, 2023217.99M34.22M18.62%
Dec 31, 2022183.77M-811.00K-0.44%
Dec 31, 2021184.58M31.21M20.35%
Dec 31, 2020153.37M3.63M2.42%
Dec 31, 2019 Pro Pro Pro
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Dec 31, 2015 Pro Pro Pro
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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