Mercantile Bank CorporationMBWMNASDAQ
LOADING
|||
Operating Income Performance
Above historical average, strong compound growth.
Left:
||||
Profit from core business operations before interest and taxes
Latest
$98.29M
↑ 51% above average
Average (9y)
$64.94M
Historical baseline
Range
High:$102.70M
Low:$38.83M
CAGR
+10.9%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | $98.29M | -4.3% |
| 2023 | $102.70M | +35.5% |
| 2022 | $75.79M | +2.8% |
| 2021 | $73.72M | +34.4% |
| 2020 | $54.85M | -9.3% |
| 2019 | $60.46M | +16.7% |
| 2018 | $51.82M | +12.5% |
| 2017 | $46.08M | -1.7% |
| 2016 | $46.89M | +20.7% |
| 2015 | $38.83M | - |