Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 28.64% is 20% below its 5-year average of 35.63%, near the low end of its 5-year range (27.61%–52.02%).
4.97% below its 12-month average of 30.14%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 33.48%.
EBITDA MARGIN
28.64%
EBITDA MARGIN AVG TTM
30.14%
EBITDA MARGIN AVG 3Y
31.41%
EBITDA MARGIN AVG 5Y
35.63%
EBITDA MARGIN AVG 10Y
36.29%
EBITDA MARGIN AVG 15Y
35.67%
EBITDA MARGIN AVG 20Y
30.75%
CURRENT VS TTM AVG
-4.97%
CURRENT VS 3Y AVG
-8.81%
CURRENT VS 5Y AVG
-19.62%
CURRENT VS 10Y AVG
-21.08%
CURRENT VS 15Y AVG
-19.70%
CURRENT VS 20Y AVG
-6.87%
Mercantile Bank Corporation
Market Cap
$1.02B
EBITDA Margin
28.64%
TTM Avg
30.14%
3Y Avg
31.41%
5Y Avg
35.63%
Market Cap
$1.02B
EBITDA Margin
43.33%
TTM Avg
44.29%
3Y Avg
46.19%
5Y Avg
43.01%
Market Cap
$1.02B
EBITDA Margin
14.23%
TTM Avg
17.67%
3Y Avg
25.68%
5Y Avg
27.53%
Market Cap
$1.02B
EBITDA Margin
23.06%
TTM Avg
22.04%
3Y Avg
25.89%
5Y Avg
27.41%
Market Cap
$1.01B
EBITDA Margin
23.26%
TTM Avg
21.28%
3Y Avg
23.77%
5Y Avg
25.43%
Market Cap
$1.01B
EBITDA Margin
23.06%
TTM Avg
22.04%
3Y Avg
25.89%
5Y Avg
27.41%
Market Cap
$1.01B
EBITDA Margin
39.21%
TTM Avg
38.86%
3Y Avg
42.99%
5Y Avg
47.26%
Market Cap
$1.04B
EBITDA Margin
50.39%
TTM Avg
40.71%
3Y Avg
42.47%
5Y Avg
50.65%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercantile Bank Corporation (MBWM) | $1.02B | 28.64% | 30.14% | 31.41% | 35.63% |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.02B | 43.33% | 44.29% | 46.19% | 43.01% |
| OceanFirst Financial Corp. (OCFC)vs › | $1.02B | 14.23% | 17.67% | 25.68% | 27.53% |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 23.06% | 22.04% | 25.89% | 27.41% |
| Business First Bancshares, Inc. (BFST)vs › | $1.01B | 23.26% | 21.28% | 23.77% | 25.43% |
| CNB Financial Corporation (CCNE)vs › | $1.01B | 23.06% | 22.04% | 25.89% | 27.41% |
| MetroCity Bankshares, Inc. (MCBS)vs › | $1.01B | 39.21% | 38.86% | 42.99% | 47.26% |
| Oaktree Specialty Lending Corporation (OCSL)vs › | $1.04B | 50.39% | 40.71% | 42.47% | 50.65% |
| Northeast Bank (NBN)vs › | $1.04B | 38.22% | 37.47% | 36.99% | 46.16% |
| Horizon Bancorp, Inc. (HBNC)vs › | $996.57M | -181.86% | -85.35% | -28.02% | -4.87% |
EBITDA Margin
28.6%
Operating Margin
28.8%
Net Margin
24.8%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EBITDA MARGIN |
|---|---|
| 2026-06-30 | 33.48% |
| 2026-03-31 | 30.03% |
| 2025-12-31 | 27.90% |
| 2025-09-30 | 29.97% |
| 2025-06-30 | 29.31% |
| 2025-03-31 | 28.86% |
| 2024-12-31 | 27.61% |
| 2024-09-30 | 29.25% |
| 2024-06-30 | 29.61% |
| 2024-03-31 | 33.97% |
| 2023-12-31 | 33.92% |
| 2023-09-30 | 35.96% |
| 2023-06-30 | 38.40% |
| 2023-03-31 | 43.28% |
| 2022-12-31 | 45.34% |
| 2022-09-30 | 41.75% |
| 2022-06-30 | 37.76% |
| 2022-03-31 | 39.37% |
| 2021-12-31 | 37.64% |
| 2021-09-30 | 42.81% |
| 2021-06-30 | 52.02% |
| 2021-03-31 | 43.60% |
| 2020-12-31 | 40.24% |
| 2020-09-30 | 32.86% |
| 2020-06-30 | 27.30% |
| 2020-03-31 | 31.83% |
| 2019-12-31 | 39.25% |
| 2019-09-30 | 37.94% |
| 2019-06-30 | 36.85% |
| 2019-03-31 | 37.06% |
| 2018-12-31 | 39.12% |
| 2018-09-30 | 37.11% |
| 2018-06-30 | 36.29% |
| 2018-03-31 | 40.43% |
| 2017-12-31 | 40.09% |
| 2017-09-30 | 38.54% |
| 2017-06-30 | 38.37% |
| 2017-03-31 | 39.16% |
| 2016-12-31 | 43.39% |
| 2016-09-30 | 39.80% |
| 2016-06-30 | 36.18% |
| 2016-03-31 | 42.44% |
| 2015-12-31 | 37.29% |
| 2015-09-30 | 41.85% |
| 2015-06-30 | 38.09% |
| 2015-03-31 | 40.07% |
| 2014-12-31 | 37.45% |
| 2014-09-30 | 35.58% |
| 2014-06-30 | 18.92% |
| 2014-03-31 | 38.26% |
| 2013-12-31 | 48.81% |
| 2013-09-30 | 36.69% |
| 2013-06-30 | 39.99% |
| 2013-03-31 | 42.09% |
| 2012-12-31 | 29.22% |
| 2012-09-30 | 26.37% |
| 2012-06-30 | 38.09% |
| 2012-03-31 | 26.64% |
| 2011-12-31 | 18.82% |
| 2011-09-30 | 18.94% |
| 2011-06-30 | 16.33% |
| 2011-03-31 | 9.54% |
| 2010-12-31 | -10.62% |
| 2010-09-30 | -22.92% |
| 2010-06-30 | -2.16% |
| 2010-03-31 | -9.51% |
| 2009-12-31 | -74.78% |
| 2009-09-30 | -30.21% |
| 2009-06-30 | -30.61% |
| 2009-03-31 | -22.03% |
| 2008-12-31 | 1.79% |
| 2008-09-30 | 6.07% |
| 2008-06-30 | -12.75% |
| 2008-03-31 | -16.63% |
| 2007-12-31 | 1.33% |
| 2007-09-30 | 10.42% |
| 2007-06-30 | 10.15% |
| 2007-03-31 | 18.15% |
| 2006-12-31 | 19.17% |
| 2006-09-30 | 22.44% |
| 2006-06-30 | 23.37% |
| 2006-03-31 | 24.41% |
| 2005-12-31 | 24.16% |
| 2005-09-30 | 24.61% |
| 2005-06-30 | 28.81% |
| 2005-03-31 | 29.59% |
| 2004-12-31 | 30.76% |
| 2004-09-30 | 25.31% |
| 2004-06-30 | 28.06% |
| 2004-03-31 | 27.70% |
| 2003-12-31 | 29.25% |
| 2003-09-30 | 23.52% |
| 2003-06-30 | 27.65% |
| 2003-03-31 | 26.14% |
| 2002-12-31 | 26.43% |
| 2002-09-30 | 25.42% |
