Mercantile Pretax Profit Margin from 2010 to 2024

MBWM Stock  USD 50.53  0.43  0.86%   
Mercantile Bank Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to grow to 0.49 this year. During the period from 2010 to 2024, Mercantile Bank Pretax Profit Margin quarterly data regression pattern had range of 0.8524 and standard deviation of  0.20. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.47112226
Current Value
0.49
Quarterly Volatility
0.20495612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mercantile Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercantile Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Interest Expense of 81.7 M or Total Revenue of 228.9 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0232 or PTB Ratio of 1.32. Mercantile financial statements analysis is a perfect complement when working with Mercantile Bank Valuation or Volatility modules.
  
Check out the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

Latest Mercantile Bank's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Mercantile Bank over the last few years. It is Mercantile Bank's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercantile Bank's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Mercantile Pretax Profit Margin Regression Statistics

Arithmetic Mean0.32
Coefficient Of Variation63.77
Mean Deviation0.12
Median0.37
Standard Deviation0.20
Sample Variance0.04
Range0.8524
R-Value0.63
Mean Square Error0.03
R-Squared0.40
Significance0.01
Slope0.03
Total Sum of Squares0.59

Mercantile Pretax Profit Margin History

2024 0.49
2023 0.47
2021 0.41
2019 0.4
2017 0.36
2016 0.37

About Mercantile Bank Financial Statements

Mercantile Bank investors utilize fundamental indicators, such as Pretax Profit Margin, to predict how Mercantile Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.47  0.49 

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:
Check out the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
1.4
Earnings Share
4.96
Revenue Per Share
13.795
Quarterly Revenue Growth
0.036
The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.