vs

Side-by-side financial comparison of ANGIODYNAMICS INC (ANGO) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

ANGIODYNAMICS INC is the larger business by last-quarter revenue ($79.4M vs $67.6M, roughly 1.2× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -8.0%, a 41.6% gap on every dollar of revenue. Over the past eight quarters, MERCANTILE BANK CORP's revenue compounded faster (9.1% CAGR vs 2.8%).

AngioDynamics Inc is a global medical technology firm that designs, manufactures and sells a portfolio of minimally invasive medical devices. Its core offerings cover vascular access, surgical ablation, and oncology care solutions, serving hospitals, outpatient surgery centers and other healthcare providers across North America, Europe and Asia Pacific.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

ANGO vs MBWM — Head-to-Head

Bigger by revenue
ANGO
ANGO
1.2× larger
ANGO
$79.4M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
41.6% more per $
MBWM
33.6%
-8.0%
ANGO
Faster 2-yr revenue CAGR
MBWM
MBWM
Annualised
MBWM
9.1%
2.8%
ANGO

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ANGO
ANGO
MBWM
MBWM
Revenue
$79.4M
$67.6M
Net Profit
$-6.3M
$22.7M
Gross Margin
56.4%
Operating Margin
-7.7%
Net Margin
-8.0%
33.6%
Revenue YoY
9.0%
Net Profit YoY
40.9%
16.1%
EPS (diluted)
$-0.15
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ANGO
ANGO
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$79.4M
$62.1M
Q3 25
$75.7M
$62.4M
Q2 25
$80.2M
$60.9M
Q1 25
$72.0M
$57.3M
Q4 24
$72.8M
$58.5M
Q3 24
$67.5M
$58.0M
Q2 24
$71.0M
$56.8M
Net Profit
ANGO
ANGO
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$-6.3M
$22.8M
Q3 25
$-10.9M
$23.8M
Q2 25
$-6.0M
$22.6M
Q1 25
$-4.4M
$19.5M
Q4 24
$-10.7M
$19.6M
Q3 24
$-12.8M
$19.6M
Q2 24
$-13.4M
$18.8M
Gross Margin
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
56.4%
Q3 25
55.3%
Q2 25
52.7%
Q1 25
54.0%
Q4 24
54.8%
Q3 24
54.4%
Q2 24
54.3%
Operating Margin
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
-7.7%
42.0%
Q3 25
-14.1%
44.0%
Q2 25
-7.2%
42.6%
Q1 25
-13.9%
42.0%
Q4 24
-15.2%
39.7%
Q3 24
-19.4%
42.4%
Q2 24
-20.4%
41.4%
Net Margin
ANGO
ANGO
MBWM
MBWM
Q1 26
33.6%
Q4 25
-8.0%
36.8%
Q3 25
-14.4%
38.1%
Q2 25
-7.5%
37.1%
Q1 25
-6.1%
34.1%
Q4 24
-14.7%
33.5%
Q3 24
-19.0%
33.8%
Q2 24
-18.9%
33.1%
EPS (diluted)
ANGO
ANGO
MBWM
MBWM
Q1 26
$1.32
Q4 25
$-0.15
$1.41
Q3 25
$-0.26
$1.46
Q2 25
$-0.15
$1.39
Q1 25
$-0.11
$1.21
Q4 24
$-0.26
$1.20
Q3 24
$-0.31
$1.22
Q2 24
$-0.35
$1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ANGO
ANGO
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$41.6M
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$176.3M
$736.9M
Total Assets
$269.7M
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
$41.6M
Q3 25
$38.8M
Q2 25
$55.9M
Q1 25
$44.8M
Q4 24
$54.1M
Q3 24
$55.0M
Q2 24
$76.1M
Total Debt
ANGO
ANGO
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$0
Stockholders' Equity
ANGO
ANGO
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$176.3M
$724.9M
Q3 25
$178.9M
$657.6M
Q2 25
$183.0M
$631.5M
Q1 25
$185.9M
$608.3M
Q4 24
$186.8M
$584.5M
Q3 24
$196.6M
$583.3M
Q2 24
$205.6M
$551.2M
Total Assets
ANGO
ANGO
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$269.7M
$6.8B
Q3 25
$265.6M
$6.3B
Q2 25
$280.1M
$6.2B
Q1 25
$285.4M
$6.1B
Q4 24
$291.6M
$6.1B
Q3 24
$293.6M
$5.9B
Q2 24
$317.7M
$5.6B
Debt / Equity
ANGO
ANGO
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANGO
ANGO
MBWM
MBWM
Operating Cash FlowLast quarter
$4.7M
Free Cash FlowOCF − Capex
$4.2M
FCF MarginFCF / Revenue
5.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
$4.7M
$18.0M
Q3 25
$-15.9M
$23.1M
Q2 25
$18.8M
$-7.8M
Q1 25
$-13.2M
$-3.0M
Q4 24
$2.5M
$101.1M
Q3 24
$-18.3M
$-8.1M
Q2 24
$5.0M
$9.1M
Free Cash Flow
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
$4.2M
Q3 25
$-16.6M
Q2 25
$18.0M
Q1 25
$-15.0M
Q4 24
$1.7M
Q3 24
$-19.3M
Q2 24
$4.4M
FCF Margin
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
5.3%
Q3 25
-22.0%
Q2 25
22.5%
Q1 25
-20.8%
Q4 24
2.3%
Q3 24
-28.7%
Q2 24
6.2%
Capex Intensity
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
0.5%
Q3 25
1.0%
Q2 25
1.0%
Q1 25
2.5%
Q4 24
1.1%
Q3 24
1.6%
Q2 24
0.8%
Cash Conversion
ANGO
ANGO
MBWM
MBWM
Q1 26
Q4 25
0.79×
Q3 25
0.97×
Q2 25
-0.35×
Q1 25
-0.15×
Q4 24
5.15×
Q3 24
-0.41×
Q2 24
0.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ANGO
ANGO

Med Device$37.2M47%
Med Tech$30.4M38%
Other$11.8M15%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

Related Comparisons