Mercantile Bank Corporation (MBWM)

Mercantile Bank Revenue

Mercantile Bank had revenue of $56.86M in the quarter ending September 30, 2024, with 3.56% growth. This brings the company's revenue in the last twelve months to $222.19M, up 2.06% year-over-year. In the year 2023, Mercantile Bank had annual revenue of $217.99M with 18.94% growth.

• Revenue (ttm): $222.19M
• Revenue Growth: +2.06%
• P/S Ratio: 3.68
• Revenue / Employee: $334,122
• Employees: 665
• Market Cap: 815.81M

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	217.99M	34.72M	18.94%
Dec 31, 2022	183.27M	-1.31M	-0.71%
Dec 31, 2021	184.58M	31.21M	20.35%
Dec 31, 2020	153.37M	3.63M	2.42%
Dec 31, 2019	149.74M	11.75M	8.51%

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.