Mercantile Bank Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | 28.1% | -20.3% |
| FY2011 | — | 51.2% | 64.1% |
| FY2012 | — | 57.4% | 22.9% |
| FY2013 | — | 66.1% | 31.4% |
| FY2014 | — | 41.6% | 19.7% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | 28.1% | -20.3% |
| FY2011 | — | 51.2% | 64.1% |
| FY2012 | — | 57.4% | 22.9% |
| FY2013 | — | 66.1% | 31.4% |
| FY2014 | — | 41.6% | 19.7% |