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Side-by-side financial comparison of MERCANTILE BANK CORP (MBWM) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

Proficient Auto Logistics, Inc is the larger business by last-quarter revenue ($91.5M vs $67.6M, roughly 1.4× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -1.5%, a 35.1% 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 ...

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

MBWM vs PAL — Head-to-Head

Bigger by revenue
PAL
PAL
1.4× larger
PAL
$91.5M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
35.1% more per $
MBWM
33.6%
-1.5%
PAL

Income Statement — Q1 FY2026 vs Q3 FY2024

Metric
MBWM
MBWM
PAL
PAL
Revenue
$67.6M
$91.5M
Net Profit
$22.7M
$-1.4M
Gross Margin
Operating Margin
-2.4%
Net Margin
33.6%
-1.5%
Revenue YoY
Net Profit YoY
16.1%
EPS (diluted)
$1.32
$-0.05

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
PAL
PAL
Q1 26
$67.6M
Q4 25
$62.1M
Q3 25
$62.4M
Q2 25
$60.9M
Q1 25
$57.3M
Q4 24
$58.5M
Q3 24
$58.0M
$91.5M
Q2 24
$56.8M
Net Profit
MBWM
MBWM
PAL
PAL
Q1 26
$22.7M
Q4 25
$22.8M
Q3 25
$23.8M
Q2 25
$22.6M
Q1 25
$19.5M
Q4 24
$19.6M
Q3 24
$19.6M
$-1.4M
Q2 24
$18.8M
Operating Margin
MBWM
MBWM
PAL
PAL
Q1 26
Q4 25
42.0%
Q3 25
44.0%
Q2 25
42.6%
Q1 25
42.0%
Q4 24
39.7%
Q3 24
42.4%
-2.4%
Q2 24
41.4%
Net Margin
MBWM
MBWM
PAL
PAL
Q1 26
33.6%
Q4 25
36.8%
Q3 25
38.1%
Q2 25
37.1%
Q1 25
34.1%
Q4 24
33.5%
Q3 24
33.8%
-1.5%
Q2 24
33.1%
EPS (diluted)
MBWM
MBWM
PAL
PAL
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
$-0.05
Q2 24
$1.17

Balance Sheet & Financial Strength

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

Metric
MBWM
MBWM
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$16.8M
Total DebtLower is stronger
$1.5M
$64.0M
Stockholders' EquityBook value
$736.9M
$338.5M
Total Assets
$6.9B
$498.2M
Debt / EquityLower = less leverage
0.00×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBWM
MBWM
PAL
PAL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$16.8M
Q2 24
Total Debt
MBWM
MBWM
PAL
PAL
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$64.0M
Q2 24
Stockholders' Equity
MBWM
MBWM
PAL
PAL
Q1 26
$736.9M
Q4 25
$724.9M
Q3 25
$657.6M
Q2 25
$631.5M
Q1 25
$608.3M
Q4 24
$584.5M
Q3 24
$583.3M
$338.5M
Q2 24
$551.2M
Total Assets
MBWM
MBWM
PAL
PAL
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.3B
Q2 25
$6.2B
Q1 25
$6.1B
Q4 24
$6.1B
Q3 24
$5.9B
$498.2M
Q2 24
$5.6B
Debt / Equity
MBWM
MBWM
PAL
PAL
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
Q2 24

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%

PAL
PAL

Segment breakdown not available.

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