Mercantile Bank CorporationMBWMNASDAQ
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Gross Profit Growth Recovery in ProgressRecovering
Percentile Rank36
3Y CAGR+259.2%
5Y CAGR+20.8%
Year-over-Year Change
Year-over-year gross profit growth rate
3Y CAGR
+259.2%/yr
vs -65.7%/yr prior
5Y CAGR
+20.8%/yr
Recent acceleration
Acceleration
+324.9pp
Accelerating
Percentile
P36
Within normal range
vs 5Y Ago
2.6x
Strong expansion
Streak
1 yr
Consecutive growthRecovering
| Period | Value |
|---|---|
| 2025 | 6.24% |
| 2024 | 2.79% |
| 2023 | 18.62% |
| 2022 | 0.13% |
| 2021 | 19.66% |
| 2020 | 2.42% |
| 2019 | 8.51% |
| 2018 | 9.69% |
| 2017 | 1.45% |
| 2016 | 4.90% |