Score Overview
Mercantile Bank Corporation fundamental performance
Between 2015 and 2025, revenue grew from $ 128M to $ 371M and net income grew from $ 27M to $ 88M. Revenue increased in every one of those 10 years; net income in 7.
Across Mercantile Bank Corporation's full reported history, from 1998 to 2025, revenue grew from $ 8M to $ 371M and net income went from -$ 1M to $ 88M. Revenue increased in 79% of the years measured; net income in 75%.
Mercantile Bank Corporation currently holds a 20-year HDB Score of 6.6 out of 10. How the HDB Score is calculated.
Net Income x Stock Price
Historical Returns
| Period | Price | Return |
|---|---|---|
Last Price2026-08-12 | $ 61.31 | — |
1 Year2025-08-12 | $ 45.07 | 36.03% |
5 Years2021-08-12 | $ 27.56 | 122.46% |
10 Years2016-08-12 | $ 17.66 | 247.08% |
20 Years2006-08-11 | $ 14.75 | 315.65% |
| Period | Last Price2026-08-12 | 1 Year2025-08-12 | 5 Years2021-08-12 | 10 Years2016-08-12 | 20 Years2006-08-11 |
|---|---|---|---|---|---|
| Price | $ 61.31 | $ 45.07 | $ 27.56 | $ 17.66 | $ 14.75 |
| Return | — | 36.03% | 122.46% | 247.08% | 315.65% |
Prices are split & dividend adjusted. All values are reported in USD.
Fundamental Data
| Year | |||
|---|---|---|---|
| 2026 | $ 384M | $ 95M | $ 1.19B |
| 2025 | $ 371M | $ 88M | $ 1.57B |
| 2024 | $ 361M | $ 79M | $ 1.12B |
| 2023 | $ 303M | $ 82M | $ 747M |
| 2022 | $ 213M | $ 61M | $ 699M |
| 2021 | $ 198M | $ 59M | $ 1.56B |
| 2020 | $ 193M | $ 44M | $ 1.01B |
| 2019 | $ 185M | $ 49M | $ 568M |
| 2018 | $ 160M | $ 42M | $ 412M |
| 2017 | $ 144M | $ 31M | $ 535M |
| 2016 | $ 139M | $ 31M | $ 511M |
| 2015 | $ 128M | $ 27M | $ 436M |
| 2014 | $ 99M | $ 17M | $ 594M |
| 2013 | $ 65M | $ 17M | $ 154M |
| 2012 | $ 67M | $ 12M | $ 169M |
| 2011 | $ 78M | $ 37M | $ 22M |
| 2010 | $ 97M | -$ 13M | $ 25M |
| 2009 | $ 112M | -$ 52M | $ 20M |
| 2008 | $ 128M | -$ 4M | $ 16M |
| 2007 | $ 150M | $ 8M | $ 29M |
| 2006 | $ 142M | $ 19M | $ 51M |
| 2005 | $ 107M | $ 17M | $ 36M |
| 2004 | $ 73M | $ 13M | $ 20M |
| 2003 | $ 59M | $ 10M | $ 16M |
| 2002 | $ 50M | $ 7M | $ 23M |
| 2001 | $ 46M | $ 4M | $ 14M |
| 2000 | $ 38M | $ 2M | $ 11M |
| 1999 | $ 23M | $ 2M | $ 13M |
| 1998 | $ 8M | -$ 1M | $ 6M |
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