Mercantile Bank (MBWM)

Earnings in 2024 (TTM): ₹8.56 Billion

According to Mercantile Bank's latest financial reports the company's current earnings are ₹0.23 Billion. In 2023 the company made an earning of ₹8.78 Billion, an increase over its 2022 earnings that were of ₹6.48 Billion. The earnings displayed on this page is the company's Pretax Income.

Earnings history for Mercantile Bank from 2000 to 2024

Annual earnings

Year	Earnings	Change
2024 (TTM)	₹8.56 B	-2.48%
2023	₹8.78 B	35.51%
2022	₹6.48 B	2.81%
2021	₹6.30 B	34.4%
2020	₹4.69 B	-9.28%
2019	₹5.17 B	16.67%
2018	₹4.43 B	12.45%
2017	₹3.94 B	-1.71%
2016	₹4.01 B	20.75%
2015	₹3.32 B	54.12%
2014	₹2.15 B	0.28%
2013	₹2.14 B	38.26%
2012	₹1.55 B	79.48%
2011	₹0.86 B	-175.76%
2010	-₹1.15 Billion	-71.32%
2009	-₹3.99 Billion	373.79%
2008	-₹0.85 Billion	-181.95%
2007	₹1.02 B	-58.35%
2006	₹2.46 B	10.62%
2005	₹2.22 B	38.12%
2004	₹1.61 B	36.64%
2003	₹1.18 B	26.34%
2002	₹0.93 B	68.76%
2001	₹0.55 B	57.98%
2000	₹0.35 B

Earnings for similar companies or competitors

Company	Earnings	Earnings differencediff.	Country
Independent Bank (Michigan) IBCP	₹6.69 B	-23.86%	🇺🇸 USA
Macatawa Bank MCBC	₹4.35 B	-50.45%	🇺🇸 USA
1st Source SRCE	₹14.32 B	63.06%	🇺🇸 USA

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Earnings for Mercantile Bank (MBWM)

Earnings in 2024 (TTM): ₹8.56 Billion