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.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Net margin	36.3%+2.7pp	36.6%+2.2pp	35.8%+1.0pp	34.7%—	33.7%—
Valuation
Market capitalization	$963.74M+35.3%	$781.8M+8.9%	$731.19M+3.7%	$732.69M+12.0%	$705.07M+13.6%
Price / earnings	10.5×+1.3×	8.8×-0.2×	8.5×-0.3×	9×+1.0×	9.1×+1.6×
Price / sales	3.8×+0.7×	3.2×+0.1×	3.1×0.0×	3.1×—	3.1×—
Dividend yield	2.6%-0.6pp	3.1%-0.1pp	3.2%+0.1pp	3.2%-0.2pp	3.2%-0.2pp

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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.