Mercantile Bank (FRA:MCS) 3-Year Revenue Growth Rate : 11.00% (As of Mar. 2024)

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What is Mercantile Bank 3-Year Revenue Growth Rate?

Mercantile Bank's Revenue per Share for the three months ended in Mar. 2024 was €3.32.

During the past 12 months, Mercantile Bank's average Revenue per Share Growth Rate was 10.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Mercantile Bank was 50.60% per year. The lowest was -6.90% per year. And the median was 7.70% per year.

Competitive Comparison of Mercantile Bank's 3-Year Revenue Growth Rate

For the Banks - Regional subindustry, Mercantile Bank's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mercantile Bank's 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's 3-Year Revenue Growth Rate falls into.

Mercantile Bank 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Mercantile Bank (FRA:MCS) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Mercantile Bank 3-Year Revenue Growth Rate Related Terms

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Mercantile Bank (FRA:MCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank Corp (FRA:MCS) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MBWM:USA

Address

310 Leonard Street NW, Grand Rapids, MI, USA, 49504

Website

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.