Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 24.79% is in line with its 5-year average of 25.37%, near the low end of its 5-year range (21.08%–36.72%).
0.50% above its 12-month average of 24.67%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 26.40%.
NET PROFIT MARGIN
24.79%
NET PROFIT MARGIN AVG TTM
24.67%
NET PROFIT MARGIN AVG 3Y
23.95%
NET PROFIT MARGIN AVG 5Y
25.37%
NET PROFIT MARGIN AVG 10Y
24.83%
NET PROFIT MARGIN AVG 15Y
23.64%
NET PROFIT MARGIN AVG 20Y
20.98%
CURRENT VS TTM AVG
+0.50%
CURRENT VS 3Y AVG
+3.50%
CURRENT VS 5Y AVG
-2.28%
CURRENT VS 10Y AVG
-0.16%
CURRENT VS 15Y AVG
+4.84%
CURRENT VS 20Y AVG
+18.16%
SECTOR MEDIAN · FINANCIAL SERVICES
13.21%
median of 716 covered companies
CURRENT VS SECTOR MEDIAN
+87.73%
vs the sector median at left
Mercantile Bank Corporation
Market Cap
$1.02B
Net Profit Margin
24.79%
TTM Avg
24.67%
3Y Avg
23.95%
5Y Avg
25.37%
Market Cap
$1.02B
Net Profit Margin
20.46%
TTM Avg
15.74%
3Y Avg
18.86%
5Y Avg
20.01%
Market Cap
$1.02B
Net Profit Margin
29.32%
TTM Avg
31.24%
3Y Avg
32.35%
5Y Avg
30.07%
Market Cap
$1.02B
Net Profit Margin
6.77%
TTM Avg
12.69%
3Y Avg
17.98%
5Y Avg
19.14%
Market Cap
$1.01B
Net Profit Margin
20.42%
TTM Avg
15.69%
3Y Avg
17.59%
5Y Avg
18.96%
Market Cap
$1.00B
Net Profit Margin
20.46%
TTM Avg
15.74%
3Y Avg
18.86%
5Y Avg
20.01%
Market Cap
$1.03B
Net Profit Margin
15.13%
TTM Avg
21.20%
3Y Avg
31.48%
5Y Avg
43.48%
Market Cap
$1.00B
Net Profit Margin
30.49%
TTM Avg
28.25%
3Y Avg
29.93%
5Y Avg
33.24%
Market Cap
$1.04B
Net Profit Margin
28.16%
TTM Avg
25.84%
3Y Avg
24.65%
5Y Avg
30.95%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercantile Bank Corporation (MBWM) | $1.02B | 24.79% | 24.67% | 23.95% | 25.37% |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 20.46% | 15.74% | 18.86% | 20.01% |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.02B | 29.32% | 31.24% | 32.35% | 30.07% |
| OceanFirst Financial Corp. (OCFC)vs › | $1.02B | 6.77% | 12.69% | 17.98% | 19.14% |
| Business First Bancshares, Inc. (BFST)vs › | $1.01B | 20.42% | 15.69% | 17.59% | 18.96% |
| CNB Financial Corporation (CCNE)vs › | $1.00B | 20.46% | 15.74% | 18.86% | 20.01% |
| Oaktree Specialty Lending Corporation (OCSL)vs › | $1.03B | 15.13% | 21.20% | 31.48% | 43.48% |
| MetroCity Bankshares, Inc. (MCBS)vs › | $1.00B | 30.49% | 28.25% | 29.93% | 33.24% |
| Northeast Bank (NBN)vs › | $1.04B | 28.16% | 25.84% | 24.65% | 30.95% |
| Five Star Bancorp (FSBC)vs › | $1.05B | 25.88% | 22.81% | 27.06% | 33.31% |
Operating Margin
28.8%
Net Profit Margin
24.8%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 26.40% |
| 2026-03-31 | 23.50% |
| 2025-12-31 | 24.48% |
| 2025-09-30 | 24.74% |
| 2025-06-30 | 24.21% |
| 2025-03-31 | 21.94% |
| 2024-12-31 | 21.18% |
| 2024-09-30 | 21.08% |
| 2024-06-30 | 21.21% |
| 2024-03-31 | 24.62% |
| 2023-12-31 | 24.40% |
| 2023-09-30 | 25.94% |
| 2023-06-30 | 27.67% |
| 2023-03-31 | 31.10% |
| 2022-12-31 | 32.99% |
| 2022-09-30 | 28.93% |
| 2022-06-30 | 24.82% |
| 2022-03-31 | 25.45% |
| 2021-12-31 | 23.43% |
| 2021-09-30 | 29.25% |
| 2021-06-30 | 36.72% |
| 2021-03-31 | 29.51% |
| 2020-12-31 | 27.11% |
| 2020-09-30 | 21.85% |
| 2020-06-30 | 18.07% |
| 2020-03-31 | 23.99% |
| 2019-12-31 | 28.41% |
| 2019-09-30 | 26.81% |
| 2019-06-30 | 25.38% |
| 2019-03-31 | 26.12% |
| 2018-12-31 | 27.19% |
| 2018-09-30 | 25.19% |
| 2018-06-30 | 24.30% |
| 2018-03-31 | 27.64% |
| 2017-12-31 | 21.33% |
| 2017-09-30 | 22.15% |
| 2017-06-30 | 21.01% |
| 2017-03-31 | 22.04% |
| 2016-12-31 | 23.56% |
| 2016-09-30 | 22.42% |
| 2016-06-30 | 21.73% |
| 2016-03-31 | 23.76% |
| 2015-12-31 | 19.86% |
| 2015-09-30 | 22.38% |
| 2015-06-30 | 20.70% |
| 2015-03-31 | 21.24% |
| 2014-12-31 | 19.99% |
| 2014-09-30 | 18.70% |
| 2014-06-30 | 7.27% |
| 2014-03-31 | 23.72% |
| 2013-12-31 | 30.43% |
| 2013-09-30 | 21.12% |
| 2013-06-30 | 25.48% |
| 2013-03-31 | 27.44% |
| 2012-12-31 | 18.22% |
| 2012-09-30 | 15.55% |
| 2012-06-30 | 23.66% |
| 2012-03-31 | 16.47% |
| 2011-12-31 | 164.54% |
| 2011-09-30 | 16.04% |
| 2011-06-30 | 13.48% |
| 2011-03-31 | 6.79% |
| 2010-12-31 | -21.70% |
| 2010-09-30 | -22.30% |
| 2010-06-30 | -1.47% |
| 2010-03-31 | -10.23% |
| 2009-12-31 | -133.15% |
| 2009-09-30 | -19.15% |
| 2009-06-30 | -21.67% |
| 2009-03-31 | -14.94% |
| 2008-12-31 | 0.98% |
| 2008-09-30 | 3.41% |
| 2008-06-30 | -8.45% |
| 2008-03-31 | -11.04% |
| 2007-12-31 | 0.26% |
| 2007-09-30 | 6.18% |
| 2007-06-30 | 5.92% |
| 2007-03-31 | 11.44% |
| 2006-12-31 | 12.08% |
| 2006-09-30 | 14.05% |
| 2006-06-30 | 14.59% |
| 2006-03-31 | 15.24% |
| 2005-12-31 | 14.57% |
| 2005-09-30 | 15.31% |
| 2005-06-30 | 18.35% |
| 2005-03-31 | 19.04% |
| 2004-12-31 | 21.55% |
| 2004-09-30 | 16.41% |
| 2004-06-30 | 18.36% |
| 2004-03-31 | 18.14% |
| 2003-12-31 | 19.10% |
| 2003-09-30 | 14.94% |
| 2003-06-30 | 17.32% |
| 2003-03-31 | 16.36% |
| 2002-12-31 | 16.72% |
| 2002-09-30 | 16.29% |
