Mercantile Bank Corp
NASDAQ:MBWM
Net Margin
Mercantile Bank Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Mercantile Bank Corp
NASDAQ:MBWM
|
732.7m USD |
34%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
72.2B USD |
26%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
54.2B USD |
34%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
223.2B CNY |
36%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
31.1B USD |
27%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
27.1B USD |
25%
|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
185.2B CNY |
36%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
25.6B USD |
26%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
23.7B USD |
25%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
3.1T JPY |
22%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
20.6B USD |
27%
|
Mercantile Bank Corp
Glance View
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 585 full-time employees. Its bank is a state banking company. The company provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. The company makes secured and unsecured commercial, construction, mortgage, and consumer loans, and accepts checking, savings, and time deposits. The company provides a range of personal banking services, such as checking, savings, certificate of deposit, health savings, cards, loans, online, and mobile services. The company offers a range of loans, such as home equity loans, personal loans, overdraft protection, and student loans. The company also enables customers to conduct certain loan and deposit transactions on a personal computer and through mobile applications. The company provides a range of insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Mercantile Bank Corp's most recent financial statements, the company has Net Margin of 33.7%.
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