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.

	FY'25	FY'24	FY'23	FY'22
Profitability
Net margin	36.6%+2.2pp	34.4%-2.0pp	36.4%—	——
Valuation
Market capitalization	$963.74M+35.3%	$718.15M+10.8%	$647.87M+22.0%	$531.2M-3.2%
Price / earnings	10.5×+1.3×	9×+1.1×	7.9×-0.8×	8.7×-0.6×
Price / sales	3.8×+0.7×	3.1×+0.2×	2.9×—	——
Dividend yield	2.6%-0.6pp	3.1%-0.1pp	3.2%-0.4pp	3.7%+0.3pp

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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.