Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
44.30
-0.72 (-1.60%)
Oct 10, 2025, 2:52 PM EDT - Market open
Mercantile Bank Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2005 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2005 - 2019 |
Net Income | 81.4 | 79.59 | 82.22 | 61.06 | 59.02 | 44.14 | Upgrade |
Depreciation & Amortization | 8.09 | 10.51 | 11.5 | 12.95 | 13.54 | 8.98 | Upgrade |
Provision for Credit Losses | 6.3 | 7.4 | 7.7 | 6.55 | -4.3 | 14.05 | Upgrade |
Stock-Based Compensation | 3.84 | 3.74 | 3.73 | 3.74 | 4.13 | 2.72 | Upgrade |
Net Change in Loans Held-for-Sale | 7.42 | 14.58 | -8.51 | 20.75 | 37.17 | 11.64 | Upgrade |
Other Adjustments | -14.8 | -15.2 | -9.76 | -11.1 | -30.35 | -33.71 | Upgrade |
Changes in Accrued Interest and Accounts Receivable | -0.7 | -1.6 | -4.33 | -6.17 | 1.53 | -0.92 | Upgrade |
Changes in Accounts Payable | -12.9 | 27.89 | 14.25 | 32.52 | -3.51 | 0.89 | Upgrade |
Changes in Other Operating Activities | -37.38 | -25.8 | -30.19 | -0.44 | -12.66 | -9.91 | Upgrade |
Operating Cash Flow | 40.99 | 101.12 | 66.61 | 119.86 | 64.57 | 37.88 | Upgrade |
Operating Cash Flow Growth | -47.78% | 51.80% | -44.42% | 85.62% | 70.48% | -99.91% | Upgrade |
Net Change in Loans Held-for-Investment | -273.06 | -300 | -387.28 | -462.43 | -267.9 | -341.46 | Upgrade |
Net Change in Securities and Investments | -153.81 | -111.84 | 0.41 | -88.75 | -218.28 | -48.52 | Upgrade |
Proceeds from Business Divestments | - | - | - | - | -2.68 | 0 | Upgrade |
Capital Expenditures | -1.57 | -8.53 | -6.69 | -3.02 | -5.6 | -8.99 | Upgrade |
Sale of Property, Plant & Equipment | - | 0.28 | 0.6 | 2.99 | 0.75 | 0.16 | Upgrade |
Other Investing Activities | - | -5.35 | -2.97 | -3.8 | -1.8 | 0 | Upgrade |
Investing Cash Flow | -434.12 | -425.44 | -395.93 | -555 | -495.51 | -398.81 | Upgrade |
Net Change in Deposits | 563.9 | 797.45 | 188.11 | -370.38 | 686.28 | 721.17 | Upgrade |
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements | 20.89 | -108.21 | 35.39 | -3.12 | 79.1 | 15.69 | Upgrade |
Long-Term Debt Issued | - | 10 | 240 | 42.91 | 73.64 | 60 | Upgrade |
Long-Term Debt Repaid | -90.86 | -90.83 | -80.35 | -94 | -20 | -20 | Upgrade |
Net Long-Term Debt Issued (Repaid) | -90.86 | -80.83 | 159.65 | -51.09 | 53.64 | 40 | Upgrade |
Issuance of Common Stock | 0.86 | 0.86 | 0.94 | 0.95 | 0.98 | 0.87 | Upgrade |
Repurchase of Common Stock | - | - | - | - | -21.38 | -6.59 | Upgrade |
Net Common Stock Issued (Repurchased) | 0.86 | 0.86 | 0.94 | 0.95 | -20.41 | -5.73 | Upgrade |
Common Dividends Paid | -23.21 | -22.47 | -21 | -19.6 | -18.52 | -17.93 | Upgrade |
Financing Cash Flow | 491.57 | 586.8 | 363.08 | -443.25 | 780.09 | 753.2 | Upgrade |
Net Cash Flow | 98.44 | 262.48 | 33.76 | -878.39 | 349.15 | 392.28 | Upgrade |
Beginning Cash & Cash Equivalents | 197.63 | 130.53 | 96.77 | 975.16 | 626.01 | 233.73 | Upgrade |
Ending Cash & Cash Equivalents | 296.07 | 393.01 | 130.53 | 96.77 | 975.16 | 626.01 | Upgrade |
Free Cash Flow | 39.42 | 92.59 | 59.93 | 116.85 | 58.97 | 28.89 | Upgrade |
Free Cash Flow Growth | -57.42% | 54.50% | -48.71% | 98.14% | 104.14% | -99.91% | Upgrade |
FCF Margin | 17.26% | 41.32% | 27.49% | 63.58% | 31.95% | 18.84% | Upgrade |
Free Cash Flow Per Share | 2.44 | 5.74 | 3.74 | 7.37 | 3.69 | 1.78 | Upgrade |
Levered Free Cash Flow | -53.92 | 1.24 | 226.41 | 45.82 | 105.96 | 74.19 | Upgrade |
Unlevered Free Cash Flow | -44.46 | 2.48 | -15.46 | 35.85 | -6.7 | -9.95 | Upgrade |
Updated Jul 22, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.