Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
44.44
-1.25 (-2.74%)
Aug 1, 2025, 4:00 PM - Market closed
Redfin Revenue
Mercantile Bank had revenue of $59.34M in the quarter ending June 30, 2025, with 11.43% growth. This brings the company's revenue in the last twelve months to $228.38M, up 3.70% year-over-year. In the year 2024, Mercantile Bank had annual revenue of $224.08M with 2.79% growth.
Revenue (ttm)
$228.38M
Revenue Growth
+3.70%
P/S Ratio
3.15
Revenue / Employee
$334,874
Employees
682
Market Cap
721.49M
Revenue Chart
Revenue History
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Dec 31, 2024 | 224.08M | 6.09M | 2.79% |
| Dec 31, 2023 | 217.99M | 34.22M | 18.62% |
| Dec 31, 2022 | 183.77M | -811.00K | -0.44% |
| Dec 31, 2021 | 184.58M | 31.21M | 20.35% |
| Dec 31, 2020 | 153.37M | 3.63M | 2.42% |
| Dec 31, 2019 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2018 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2017 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2016 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2015 | Upgrade Pro | Upgrade Pro | Upgrade 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.
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MBWM News
- 8 days ago - Mercantile Bank: With A LTD Ratio Of 100%, The Focus Is On The Securities Portfolio - Seeking Alpha
- 10 days ago - Mercantile Bank Corporation (MBWM) Q2 2025 Earnings Conference Call Transcript - Seeking Alpha
- 11 days ago - Mercantile Bank Corporation Announces Robust Second Quarter 2025 Results and Partnership with Eastern Michigan Financial Corporation - PRNewsWire
- 11 days ago - Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Definitive Merger Agreement - PRNewsWire
- 11 days ago - Mercantile Bank Corporation Increases Regular Cash Dividend - PRNewsWire
- 4 weeks ago - Mercantile Bank Corporation Announces Second Quarter 2025 Results Conference Call and Webcast - PRNewsWire
- 3 months ago - MERCANTILE BANK PARTNERS IN STATEWIDE INVESTMENT TO ADVANCE AFFORDABLE HOUSING INITIATIVES - PRNewsWire
- 3 months ago - Mercantile Bank Corporation (MBWM) Q1 2025 Earnings Call Transcript - Seeking Alpha