2016 annual financial data

Mercantile Bank 2016 Operating margin

Mercantile Bank 2016 operating margin with verified reported values.

Direct answer

Operating margin was 33.61%.

Operating income was 46,887,000 USD and net income was 31,913,000 USD.
Operating cash flow was 34,602,000 USD.

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Verified data

Revenue
139,495,000 USD
Operating income
46,887,000 USD
Net income
31,913,000 USD
Operating cash flow
34,602,000 USD