Mercantile Bank Corporation (MBWM)

Mercantile Bank 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: 3.51
• Revenue / Employee: $334,874
• Employees: 682
• Market Cap: 804.31M

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%

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.