Mercantile Bank Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | — | 41.6% | 19.7% |
| FY2015 | — | 42.6% | 23.1% |
| FY2016 | — | 46.9% | 25.1% |
| FY2017 | — | 48.1% | 24.3% |
| FY2018 | — | 53.0% | 30.2% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | — | 41.6% | 19.7% |
| FY2015 | — | 42.6% | 23.1% |
| FY2016 | — | 46.9% | 25.1% |
| FY2017 | — | 48.1% | 24.3% |
| FY2018 | — | 53.0% | 30.2% |