Mercantile Bank Corporation (MBWM)
 NASDAQ: MBWM · Real-Time Price · USD
 44.34
 +0.49 (1.12%)
  Nov 3, 2025, 4:00 PM EST - Market closed
Mercantile Bank Revenue
Mercantile Bank had revenue of $62.19M in the quarter ending September 30, 2025, with 9.38% growth. This brings the company's revenue in the last twelve months to $233.71M, up 5.19% year-over-year. In the year 2024, Mercantile Bank had annual revenue of $224.08M with 2.79% growth.
Revenue (ttm) 
 $233.71M
Revenue Growth 
 +5.19%
P/S Ratio 
 3.07
Revenue / Employee 
 $342,689
Employees 
 682
Market Cap 
720.68M
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 | 
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
- 13 days ago - Mercantile Bank Corporation (MBWM) Q3 2025 Earnings Call Transcript - Seeking Alpha
 - 14 days ago - Mercantile Bank Corporation Announces Strong Third Quarter 2025 Results - PRNewsWire
 - 14 days ago - Mercantile Bank Corporation Declares Regular Cash Dividend - PRNewsWire
 - 4 weeks ago - Mercantile Bank Corporation Announces Third Quarter 2025 Results Conference Call and Webcast - PRNewsWire
 - 3 months ago - Mercantile Bank: With A LTD Ratio Of 100%, The Focus Is On The Securities Portfolio - Seeking Alpha
 - 3 months ago - Mercantile Bank Corporation (MBWM) Q2 2025 Earnings Conference Call Transcript - Seeking Alpha
 - 3 months ago - Mercantile Bank Corporation Announces Robust Second Quarter 2025 Results and Partnership with Eastern Michigan Financial Corporation - PRNewsWire
 - 3 months ago - Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Definitive Merger Agreement - PRNewsWire