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

Baozun Inc. is the larger business by last-quarter revenue ($84.2M vs $67.6M, roughly 1.2× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -2.0%, a 35.6% gap on every dollar of revenue.

Baozun Inc is a leading digital commerce service provider focused on the Chinese market. It delivers full-stack e-commerce solutions including official store operation, digital marketing, logistics and fulfillment, customer support, and technical infrastructure services for global and local consumer brands across fashion, beauty, FMCG, consumer electronics, and other core retail segments.

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 ...

BZUN vs MBWM — Head-to-Head

Bigger by revenue
BZUN
BZUN
1.2× larger
BZUN
$84.2M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
35.6% more per $
MBWM
33.6%
-2.0%
BZUN

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BZUN
BZUN
MBWM
MBWM
Revenue
$84.2M
$67.6M
Net Profit
$-1.7M
$22.7M
Gross Margin
Operating Margin
-1.7%
Net Margin
-2.0%
33.6%
Revenue YoY
Net Profit YoY
16.1%
EPS (diluted)
$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
BZUN
BZUN
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$62.1M
Q3 25
$62.4M
Q2 25
$84.2M
$60.9M
Q1 25
$57.3M
Q4 24
$58.5M
Q3 24
$58.0M
Q2 24
$56.8M
Net Profit
BZUN
BZUN
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$22.8M
Q3 25
$23.8M
Q2 25
$-1.7M
$22.6M
Q1 25
$19.5M
Q4 24
$19.6M
Q3 24
$19.6M
Q2 24
$18.8M
Operating Margin
BZUN
BZUN
MBWM
MBWM
Q1 26
Q4 25
42.0%
Q3 25
44.0%
Q2 25
-1.7%
42.6%
Q1 25
42.0%
Q4 24
39.7%
Q3 24
42.4%
Q2 24
41.4%
Net Margin
BZUN
BZUN
MBWM
MBWM
Q1 26
33.6%
Q4 25
36.8%
Q3 25
38.1%
Q2 25
-2.0%
37.1%
Q1 25
34.1%
Q4 24
33.5%
Q3 24
33.8%
Q2 24
33.1%
EPS (diluted)
BZUN
BZUN
MBWM
MBWM
Q1 26
$1.32
Q4 25
$1.41
Q3 25
$1.46
Q2 25
$1.39
Q1 25
$1.21
Q4 24
$1.20
Q3 24
$1.22
Q2 24
$1.17

Balance Sheet & Financial Strength

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

Metric
BZUN
BZUN
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$6.9M
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$10.7M
$736.9M
Total Assets
$25.9M
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZUN
BZUN
MBWM
MBWM
Q1 26
Q4 25
Q3 25
Q2 25
$6.9M
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
BZUN
BZUN
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BZUN
BZUN
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$724.9M
Q3 25
$657.6M
Q2 25
$10.7M
$631.5M
Q1 25
$608.3M
Q4 24
$584.5M
Q3 24
$583.3M
Q2 24
$551.2M
Total Assets
BZUN
BZUN
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.3B
Q2 25
$25.9M
$6.2B
Q1 25
$6.1B
Q4 24
$6.1B
Q3 24
$5.9B
Q2 24
$5.6B
Debt / Equity
BZUN
BZUN
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BZUN
BZUN

Segment breakdown not available.

MBWM
MBWM

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

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