Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
49.92
-0.15 (-0.30%)
Mar 13, 2026, 4:00 PM EDT - Market closed

Mercantile Bank Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
88.7579.5982.2261.0659.02
Depreciation & Amortization
5.810.5111.512.9513.54
Provision for Credit Losses
3.27.47.76.55-4.3
Stock-Based Compensation
3.923.743.733.744.13
Net Change in Loans Held-for-Sale
-1.342.78-15.0412.556.77
Other Adjustments
-1.12-3.4-3.23-2.910.05
Changes in Accrued Interest and Accounts Receivable
-0.13-1.6-4.33-6.171.53
Changes in Accounts Payable
-22.0127.8914.2532.52-3.51
Changes in Other Operating Activities
-59.1-25.8-30.19-0.44-12.66
Operating Cash Flow
17.97101.1266.61119.8664.57
Operating Cash Flow Growth
-82.23%51.80%-44.42%85.62%70.48%
Net Change in Loans Held-for-Investment
-19.25-300-387.28-462.43-267.9
Net Change in Securities and Investments
-136.05-118.84-3.09-93.25-220.28
Payments for Business Acquisitions
53.5700--
Capital Expenditures
-6.76-8.53-6.69-3.02-5.6
Sale of Property, Plant & Equipment
00.571.133.060.95
Other Investing Activities
2.791.3600.63-2.68
Investing Cash Flow
-105.7-425.44-395.93-555-495.51
Net Change in Deposits
111.19797.45188.11-370.38686.28
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements
110.77-108.2135.39-3.1279.1
Long-Term Debt Issued
501024042.9173.64
Long-Term Debt Repaid
-80.86-90.83-80.35-94-20
Net Long-Term Debt Issued (Repaid)
-30.86-80.83159.65-51.0953.64
Issuance of Common Stock
0.90.860.940.950.98
Repurchase of Common Stock
-----21.38
Net Common Stock Issued (Repurchased)
0.90.860.940.95-20.41
Common Dividends Paid
-23.95-22.47-21-19.6-18.52
Financing Cash Flow
168.05586.8363.08-443.25780.09
Net Cash Flow
80.31262.4833.76-878.39349.15
Free Cash Flow
11.2192.5959.93116.8558.97
Free Cash Flow Growth
-87.89%54.50%-48.71%98.14%104.14%
FCF Margin
4.68%41.32%27.49%63.58%31.95%
Free Cash Flow Per Share
0.695.743.747.373.69
Levered Free Cash Flow
-24.311.24226.4145.82105.96
Unlevered Free Cash Flow
-82.22.48-15.4635.85-6.7
Updated Jan 20, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.
SEC Filings: 10-K · 10-Q