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Side-by-side financial comparison of MERCANTILE BANK CORP (MBWM) and Nano Dimension Ltd. (NNDM). Click either name above to swap in a different company.

MERCANTILE BANK CORP is the larger business by last-quarter revenue ($67.6M vs $57.8M, roughly 1.2× Nano Dimension Ltd.). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -171.1%, a 204.6% gap on every dollar of revenue.

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 ...

Nano Dimension Ltd. is a leading provider of additively manufactured electronics solutions and 3D printing technologies. It designs high-precision 3D printers, related materials, and software for producing printed circuit boards, microelectronics components, and multi-layer electronic devices, serving aerospace, defense, medical, automotive, and industrial electronics segments across global markets.

MBWM vs NNDM — Head-to-Head

Bigger by revenue
MBWM
MBWM
1.2× larger
MBWM
$67.6M
$57.8M
NNDM
Higher net margin
MBWM
MBWM
204.6% more per $
MBWM
33.6%
-171.1%
NNDM

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
MBWM
MBWM
NNDM
NNDM
Revenue
$67.6M
$57.8M
Net Profit
$22.7M
$-98.8M
Gross Margin
43.1%
Operating Margin
-155.1%
Net Margin
33.6%
-171.1%
Revenue YoY
Net Profit YoY
16.1%
EPS (diluted)
$1.32
$-0.45

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
MBWM
MBWM
NNDM
NNDM
Q1 26
$67.6M
Q4 25
$62.1M
Q3 25
$62.4M
Q2 25
$60.9M
Q1 25
$57.3M
Q4 24
$58.5M
$57.8M
Q3 24
$58.0M
Q2 24
$56.8M
$28.4M
Net Profit
MBWM
MBWM
NNDM
NNDM
Q1 26
$22.7M
Q4 25
$22.8M
Q3 25
$23.8M
Q2 25
$22.6M
Q1 25
$19.5M
Q4 24
$19.6M
$-98.8M
Q3 24
$19.6M
Q2 24
$18.8M
$-79.2M
Gross Margin
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
43.1%
Q3 24
Q2 24
45.8%
Operating Margin
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
42.0%
Q3 25
44.0%
Q2 25
42.6%
Q1 25
42.0%
Q4 24
39.7%
-155.1%
Q3 24
42.4%
Q2 24
41.4%
Net Margin
MBWM
MBWM
NNDM
NNDM
Q1 26
33.6%
Q4 25
36.8%
Q3 25
38.1%
Q2 25
37.1%
Q1 25
34.1%
Q4 24
33.5%
-171.1%
Q3 24
33.8%
Q2 24
33.1%
-279.4%
EPS (diluted)
MBWM
MBWM
NNDM
NNDM
Q1 26
$1.32
Q4 25
$1.41
Q3 25
$1.46
Q2 25
$1.39
Q1 25
$1.21
Q4 24
$1.20
$-0.45
Q3 24
$1.22
Q2 24
$1.17
$-0.35

Balance Sheet & Financial Strength

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

Metric
MBWM
MBWM
NNDM
NNDM
Cash + ST InvestmentsLiquidity on hand
$317.2M
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$736.9M
$860.0M
Total Assets
$6.9B
$902.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$317.2M
Q3 24
Q2 24
$231.8M
Total Debt
MBWM
MBWM
NNDM
NNDM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MBWM
MBWM
NNDM
NNDM
Q1 26
$736.9M
Q4 25
$724.9M
Q3 25
$657.6M
Q2 25
$631.5M
Q1 25
$608.3M
Q4 24
$584.5M
$860.0M
Q3 24
$583.3M
Q2 24
$551.2M
$870.3M
Total Assets
MBWM
MBWM
NNDM
NNDM
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.3B
Q2 25
$6.2B
Q1 25
$6.1B
Q4 24
$6.1B
$902.5M
Q3 24
$5.9B
Q2 24
$5.6B
$911.0M
Debt / Equity
MBWM
MBWM
NNDM
NNDM
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
MBWM
MBWM
NNDM
NNDM
Operating Cash FlowLast quarter
$-18.9M
Free Cash FlowOCF − Capex
$-21.1M
FCF MarginFCF / Revenue
-36.5%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
$18.0M
Q3 25
$23.1M
Q2 25
$-7.8M
Q1 25
$-3.0M
Q4 24
$101.1M
$-18.9M
Q3 24
$-8.1M
Q2 24
$9.1M
$-30.7M
Free Cash Flow
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-21.1M
Q3 24
Q2 24
FCF Margin
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-36.5%
Q3 24
Q2 24
Capex Intensity
MBWM
MBWM
NNDM
NNDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
3.8%
Q3 24
Q2 24
Cash Conversion
MBWM
MBWM
NNDM
NNDM
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

MBWM
MBWM

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

NNDM
NNDM

Segment breakdown not available.

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