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FY'25FY'24FY'23FY'22
Profitability
Net margin36.6%+2.2pp34.4%-2.0pp36.4%
Free cash flow margin4.6%
Valuation
Market capitalization$963.74M+36.5%$718.15M+10.8%$647.87M+22.0%$531.2M-3.2%
Price / earnings10.5×+1.4×+1.1×7.9×-0.8×8.7×-0.6×
Price / sales3.8×+0.7×3.1×+0.2×2.9×
Free cash flow yield4.4%22%+10.6pp
Earnings yield9.5%-1.4pp11.1%-1.6pp12.7%+1.2pp11.5%+0.7pp
Dividend yield2.5%-0.7pp3.1%-0.1pp3.2%-0.4pp3.7%+0.3pp
PEG ratio0.6×0.2×-2.3×2.5×+2.2×

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Questions, answered.

Where do Mercantile Bank Corporation's ratios come from?
Every ratio is computed from Mercantile Bank Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.