vs

Side-by-side financial comparison of DESTINATION XL GROUP, INC. (DXLG) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

DESTINATION XL GROUP, INC. is the larger business by last-quarter revenue ($101.9M vs $67.6M, roughly 1.5× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -4.0%, a 37.6% gap on every dollar of revenue. Over the past eight quarters, MERCANTILE BANK CORP's revenue compounded faster (9.1% CAGR vs -13.8%).

Destination XL Group, Inc. (DXLG) is a leading retailer of Men's Big and Tall apparel with 290 retail and outlet store locations throughout the United States operated under the business subsidiaries DXL and Casual Male XL. The company also operates an e-commerce website (dxl.com) and an Android and iOS mobile app serving customers in the United States, Canada, The United Kingdom, Greater China and other global markets. The company is headquartered in Canton, Massachusetts, and is listed on th...

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 ...

DXLG vs MBWM — Head-to-Head

Bigger by revenue
DXLG
DXLG
1.5× larger
DXLG
$101.9M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
37.6% more per $
MBWM
33.6%
-4.0%
DXLG
Faster 2-yr revenue CAGR
MBWM
MBWM
Annualised
MBWM
9.1%
-13.8%
DXLG

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
DXLG
DXLG
MBWM
MBWM
Revenue
$101.9M
$67.6M
Net Profit
$-4.1M
$22.7M
Gross Margin
42.7%
Operating Margin
-5.6%
Net Margin
-4.0%
33.6%
Revenue YoY
-5.2%
Net Profit YoY
-128.3%
16.1%
EPS (diluted)
$-0.08
$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
DXLG
DXLG
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$101.9M
$62.1M
Q3 25
$115.5M
$62.4M
Q2 25
$105.5M
$60.9M
Q1 25
$119.2M
$57.3M
Q4 24
$107.5M
$58.5M
Q3 24
$124.8M
$58.0M
Q2 24
$115.5M
$56.8M
Net Profit
DXLG
DXLG
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$-4.1M
$22.8M
Q3 25
$-265.0K
$23.8M
Q2 25
$-1.9M
$22.6M
Q1 25
$-1.3M
$19.5M
Q4 24
$-1.8M
$19.6M
Q3 24
$2.4M
$19.6M
Q2 24
$3.8M
$18.8M
Gross Margin
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
42.7%
Q3 25
45.2%
Q2 25
45.1%
Q1 25
44.4%
Q4 24
45.1%
Q3 24
48.2%
Q2 24
48.2%
Operating Margin
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
-5.6%
42.0%
Q3 25
0.6%
44.0%
Q2 25
-3.3%
42.6%
Q1 25
-1.5%
42.0%
Q4 24
-2.4%
39.7%
Q3 24
2.5%
42.4%
Q2 24
4.2%
41.4%
Net Margin
DXLG
DXLG
MBWM
MBWM
Q1 26
33.6%
Q4 25
-4.0%
36.8%
Q3 25
-0.2%
38.1%
Q2 25
-1.8%
37.1%
Q1 25
-1.1%
34.1%
Q4 24
-1.7%
33.5%
Q3 24
1.9%
33.8%
Q2 24
3.3%
33.1%
EPS (diluted)
DXLG
DXLG
MBWM
MBWM
Q1 26
$1.32
Q4 25
$-0.08
$1.41
Q3 25
$0.00
$1.46
Q2 25
$-0.04
$1.39
Q1 25
$-0.02
$1.21
Q4 24
$-0.03
$1.20
Q3 24
$0.04
$1.22
Q2 24
$0.06
$1.17

Balance Sheet & Financial Strength

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

Metric
DXLG
DXLG
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$27.0M
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$137.2M
$736.9M
Total Assets
$401.5M
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
$27.0M
Q3 25
$33.5M
Q2 25
$29.1M
Q1 25
$48.4M
Q4 24
$43.0M
Q3 24
$63.2M
Q2 24
$53.2M
Total Debt
DXLG
DXLG
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
DXLG
DXLG
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$137.2M
$724.9M
Q3 25
$140.9M
$657.6M
Q2 25
$140.7M
$631.5M
Q1 25
$141.2M
$608.3M
Q4 24
$145.5M
$584.5M
Q3 24
$157.0M
$583.3M
Q2 24
$153.6M
$551.2M
Total Assets
DXLG
DXLG
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$401.5M
$6.8B
Q3 25
$408.8M
$6.3B
Q2 25
$380.1M
$6.2B
Q1 25
$381.0M
$6.1B
Q4 24
$381.3M
$6.1B
Q3 24
$383.8M
$5.9B
Q2 24
$376.6M
$5.6B
Debt / Equity
DXLG
DXLG
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
DXLG
DXLG
MBWM
MBWM
Operating Cash FlowLast quarter
$-1.1M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-5.9%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
$-1.1M
$18.0M
Q3 25
$9.9M
$23.1M
Q2 25
$-12.0M
$-7.8M
Q1 25
$17.1M
$-3.0M
Q4 24
$-3.5M
$101.1M
Q3 24
$17.1M
$-8.1M
Q2 24
$-1.1M
$9.1M
Free Cash Flow
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
$-6.0M
Q3 25
$4.6M
Q2 25
$-18.8M
Q1 25
$8.8M
Q4 24
$-10.1M
Q3 24
$10.2M
Q2 24
$-7.0M
FCF Margin
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
-5.9%
Q3 25
3.9%
Q2 25
-17.8%
Q1 25
7.4%
Q4 24
-9.4%
Q3 24
8.2%
Q2 24
-6.1%
Capex Intensity
DXLG
DXLG
MBWM
MBWM
Q1 26
Q4 25
4.8%
Q3 25
4.6%
Q2 25
6.4%
Q1 25
7.0%
Q4 24
6.2%
Q3 24
5.5%
Q2 24
5.1%
Cash Conversion
DXLG
DXLG
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
7.17×
-0.41×
Q2 24
-0.30×
0.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXLG
DXLG

Sales Channel Through Intermediary$74.5M73%
Sales Channel Directly To Consumer$27.3M27%

MBWM
MBWM

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

Related Comparisons