Mercantile Bank (MBWM)

Earnings in 2024 (TTM): ₹8.59 Billion

According to Mercantile Bank's latest financial reports the company's current earnings are ₹0.22 Billion. In 2023 the company made an earning of ₹8.66 Billion, an increase over its 2022 earnings that were of ₹6.39 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)	₹8.59 B	-0.84%
2023	₹8.66 B	35.51%
2022	₹6.39 B	2.81%
2021	₹6.21 B	34.4%
2020	₹4.62 B	-9.28%
2019	₹5.10 B	16.67%
2018	₹4.37 B	12.45%
2017	₹3.88 B	-1.71%
2016	₹3.95 B	20.75%
2015	₹3.27 B	54.12%
2014	₹2.12 B	0.28%
2013	₹2.11 B	38.26%
2012	₹1.53 B	79.48%
2011	₹0.85 B	-175.76%
2010	-₹1.13 Billion	-71.32%
2009	-₹3.94 Billion	373.79%
2008	-₹0.83 Billion	-181.95%
2007	₹1.01 B	-58.35%
2006	₹2.43 B	10.62%
2005	₹2.19 B	38.12%
2004	₹1.59 B	36.64%
2003	₹1.16 B	26.34%
2002	₹0.92 B	68.76%
2001	₹0.54 B	57.98%
2000	₹0.34 B

Earnings for similar companies or competitors

Company	Earnings	Earnings differencediff.	Country
Independent Bank (Michigan) IBCP	₹6.96 B	-20.24%	🇺🇸 USA
Macatawa Bank MCBC	₹4.29 B	-50.83%	🇺🇸 USA
1st Source SRCE	₹14.13 B	61.78%	🇺🇸 USA

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Earnings for Mercantile Bank (MBWM)

Earnings in 2024 (TTM): ₹8.59 Billion