Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · IEX Real-Time Price · USD
47.96
+0.10 (0.21%)
At close: Jul 19, 2024, 4:00 PM
48.05
+0.09 (0.19%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Mercantile Bank Revenue
Mercantile Bank had revenue of $220.18M in the twelve months ending March 31, 2024, with 10.97% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $56.93M with 4.01% year-over-year growth. In the year 2023, Mercantile Bank had annual revenue of $217.99M with 18.62% growth.
Revenue (ttm)
$220.18M
Revenue Growth
+10.97%
P/S Ratio
3.51
Revenue / Employee
$331,099
Employees
665
Market Cap
773.15M USD
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
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 | 149.74M | 11.75M | 8.51% |
Dec 31, 2018 | 137.99M | 12.19M | 9.69% |
Dec 31, 2017 | 125.80M | 1.79M | 1.45% |
Dec 31, 2016 | 124.01M | 5.79M | 4.90% |
Dec 31, 2015 | 118.21M | 27.41M | 30.18% |
Dec 31, 2014 | 90.81M | 29.28M | 47.58% |
Dec 31, 2013 | 61.53M | 3.73M | 6.46% |
Dec 31, 2012 | 57.80M | 6.18M | 11.96% |
Dec 31, 2011 | 51.62M | 17.83M | 52.75% |
Dec 31, 2010 | 33.79M | 33.90M | -31,102.75% |
Dec 31, 2009 | -109.00K | -32.40M | -100.34% |
Dec 31, 2008 | 32.29M | -18.07M | -35.88% |
Dec 31, 2007 | 50.36M | -10.72M | -17.55% |
Dec 31, 2006 | 61.07M | 3.91M | 6.84% |
Dec 31, 2005 | 57.16M | 15.11M | 35.92% |
Dec 31, 2004 | 42.06M | 10.18M | 31.95% |
Dec 31, 2003 | 31.87M | 8.17M | 34.45% |
Dec 31, 2002 | 23.71M | 7.78M | 48.84% |
Dec 31, 2001 | 15.93M | 4.31M | 37.15% |
Dec 31, 2000 | 11.61M | 3.29M | 39.53% |
Dec 31, 1999 | 8.32M | 5.87M | 238.97% |
Dec 31, 1998 | 2.46M | 2.51M | -4,708.44% |
Dec 31, 1997 | -53.28K | - | - |
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
- 6 days ago - Mercantile Bank Corporation Announces Solid Second Quarter Results - PRNewsWire
- 6 days ago - Mercantile Bank Corporation Increases Regular Cash Dividend - PRNewsWire
- 25 days ago - Mercantile Bank Corporation Announces Second Quarter 2024 Results Conference Call and Webcast - PRNewsWire
- 7 weeks ago - Mercantile Bank Corporation Implements Management Succession Plan - PRNewsWire
- 3 months ago - Mercantile Bank Corporation Announces Robust First Quarter Results - PRNewsWire
- 3 months ago - Mercantile Bank Corporation Declares Regular Cash Dividend - PRNewsWire
- 4 months ago - Mercantile Bank Corporation Announces First Quarter 2024 Results Conference Call and Webcast - PRNewsWire
- 6 months ago - Mercantile Bank Corporation Announces Strong Fourth Quarter and Full-Year 2023 Results - GlobeNewsWire