How many employees does Mercantile Bank PLC have?
Mercantile Bank PLC (MERCANBANK) has approximately 2,639 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Mercantile Bank PLC’s total headcount has declined 3.4% from 2,733 employees in 2023 to 2,639 in 2026.
Is Mercantile Bank PLC hiring right now?
No, Mercantile Bank PLC is not actively hiring. Mercantile Bank PLC had 0 active job postings in 2026, a 0.0% no change from 2025 — see job openings & hiring trends.
About Mercantile Bank PLC’s Workforce
Mercantile Bank PLC (MERCANBANK) is a Financial Services company that employs 2,639 people worldwide as of June 2026. It is the 7th-largest by headcount among its peers. Founded in 1999, the company is headquartered in Dhaka, Bangladesh and trades on the Dhaka Stock Exchange.
Mercantile Bank PLC's workforce has declined 3.4% from 2023 to 2026, though it is up 0.8% year over year in 2026. It fell to a low of 2,622 in 2026 Q1 before recovering. Its workforce is concentrated most in South Asia (97.1%), followed by Sub-Saharan Africa (1.9%) and North America (0.6%).
Mercantile Bank PLC's functional groups are Engineering (47.2%), Finance and Operations (40.2%), and Sales and Marketing (12.6%), with Sales and Marketing growing fastest (up 5.7%). The average salary is $12,434, ranging from a median of $159,000 in North America to $8,000 in South Asia, down 0.8% year over year in 2026.
Mercantile Bank PLC's hiring activity held steady in 2026. Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Ticker
- Dhaka Stock Exchange: MERCANBANK
- Headquarters
- Dhaka, Bangladesh
- Founded
- 1999
- Industry
- Financial Services
- Employees
- 2,639
- YoY
- +0.8% (-27)
As of June 2026
Mercantile Bank PLC workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Mercantile Bank PLC. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMercantile Bank PLC Annual Employee Count (2023-2026)
- Mercantile Bank PLC had 2,639 employees in 2026, a 0.8% increase (-27) from 2025.
- Mercantile Bank PLC had 2,637 employees in 2025, a 1.9% increase (+7) from 2024.
- Mercantile Bank PLC had 2,630 employees in 2024, a 1.7% decline (-59) from 2023.
- Mercantile Bank PLC had 2,689 employees in 2023, a 1.1% decline (-78) from 2022.
Mercantile Bank PLC's total workforce has grown from 2,622 employees in 2026 to 2,639 in 2026. Mercantile Bank PLC's headcount peaked at 2,733 in 2023 before declining in 2026 and recovering through 2026.
Mercantile Bank PLC quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 2,639 | -27 | +0.8% |
| 2026 | Q1 | 2,622 | -39 | +0.7% |
| 2025 | Q4 | 2,637 | +7 | +1.9% |
| 2025 | Q3 | 2,634 | -8 | +1.0% |
| 2025 | Q2 | 2,666 | +6 | +0.6% |
| 2025 | Q1 | 2,661 | +6 | +0.5% |
| 2024 | Q4 | 2,630 | -59 | -1.7% |
| 2024 | Q3 | 2,642 | -91 | -1.6% |
| 2024 | Q2 | 2,660 | -58 | +0.0% |
| 2024 | Q1 | 2,655 | -87 | -0.4% |
| 2023 | Q4 | 2,689 | -78 | -1.1% |
| 2023 | Q3 | 2,733 | -46 | -1.0% |
See Mercantile Bank PLC's complete headcount history, including quarterly breakdowns.
Get the DataMercantile Bank PLC Employee Count by Region (2026)
South Asia accounts for the largest share of Mercantile Bank PLC's global workforce with approximately 97% of total employees, followed by Sub-Saharan Africa and North America.
Mercantile Bank PLC employees by region
| Region | Employees | % of Total |
|---|---|---|
| South Asia | 2,522 | 97.1% |
| Sub-Saharan Africa | 48 | 1.9% |
| North America | 16 | 0.6% |
| Western Europe | 10 | 0.4% |
| Central and Western Asia | 2 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMercantile Bank PLC Employee Count by Department (2026)
Mercantile Bank PLC's employee groups are Engineering (47.2%), Finance and Operations (40.2%), and Sales and Marketing (12.6%).
Mercantile Bank PLC employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 1,245 | 47.2% |
| Finance and Operations | 1,060 | 40.2% |
| Sales and Marketing | 331 | 12.6% |
Compare Mercantile Bank PLC's department mix to industry peers.
See Full DataMercantile Bank PLC Employee Salary by Region (2026)
Mercantile Bank PLC's average employee salary is $12,434 globally. Employees in North America receive the highest compensation, with median pay approximately 12.8x the global average. Pay is lowest in South Asia, at a median of $8,000.
Mercantile Bank PLC median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $159,000 |
| Western Europe | $80,000 |
| Sub-Saharan Africa | $13,000 |
| South Asia | $8,000 |
Unlock salary by role, level, and city — and compare to Mercantile Bank PLC's industry peers.
Unlock Salary DataMercantile Bank PLC Job Openings and Hiring Trends (2023-2026)
- Mercantile Bank PLC had 0 active job postings in 2026, a 0% no change from 2025.
- Mercantile Bank PLC had 0 active job postings in 2025, a 0% no change from 2024.
- Mercantile Bank PLC had 0 active job postings in 2024, a 0% no change from 2023.
- Mercantile Bank PLC had 0 active job postings in 2023, a 0% no change from 2022.
- Hiring velocity in 2026: 0 new roles/month, up from 0 in 2025 and 0 in 2024.
Mercantile Bank PLC's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMercantile Bank PLC Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Mercantile Bank PLC's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Mercantile Bank PLC
- How fast is Mercantile Bank PLC growing?
- In 2026, Mercantile Bank PLC's headcount grew 0.8% to 2,639 employees, down from 2,666 in 2025.
- See the full headcount history
- Where are Mercantile Bank PLC employees located?
- Most Mercantile Bank PLC employees are based in South Asia (97.1% of headcount), followed by Sub-Saharan Africa and North America.
- Explore where the workforce is based
- How many people work at Mercantile Bank PLC in South Asia?
- About 2,522 people work at Mercantile Bank PLC in South Asia, its largest region.
- See headcount by region
- What is the average salary at Mercantile Bank PLC?
- The average employee salary at Mercantile Bank PLC is approximately $12.4k per year.
- Analyze the salary distribution
- How many new job postings does Mercantile Bank PLC open per year?
- Through Q2 2026, Mercantile Bank PLC opened 0 new job postings. In 2025, Mercantile Bank PLC opened 0 new job postings — about 0 per month.
- Track hiring trends by role
- When was Mercantile Bank PLC founded and where is it headquartered?
- Mercantile Bank PLC was founded in 1999 and is headquartered in Dhaka, Bangladesh.
- Compare Mercantile Bank PLC to industry peers
Speak with a workforce expert about Mercantile Bank PLC.
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