Mercantile Bank Cash Flow Statement
NASDAQ: MBWMFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mercantile Bank free cash flow
In fiscal 2025, Mercantile Bank generated $18.0 million of operating cash flow. That left free cash flow of $18.0 million, a free-cash-flow margin of 7.4% of revenue. Free cash flow was down 82.2% from the prior year's $101.1 million.
Mercantile Bank returned $24.0 million to shareholders through dividends, equal to 133% of free cash flow. Free cash flow covered dividend payments 0.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Mercantile Bank cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 88.75M | 79.59M | 82.22M | 61.06M | 59.02M | 44.14M | 49.46M | 42.02M | 31.27M | 31.91M |
| Net Income growth (YoY) | +11.51% | -3.19% | +34.64% | +3.46% | +33.72% | -10.75% | +17.69% | +34.37% | -2.00% | +18.11% |
| Depreciation & Amortization | 5.80M | 10.51M | 11.50M | 12.95M | 13.68M | 9.43M | 9.55M | 9.77M | 10.36M | 9.58M |
| Stock-Based Compensation | 3.47M | 3.32M | 3.38M | 3.38M | 3.78M | 2.33M | 2.93M | 2.41M | 1.98M | 1.46M |
| Change in Working Capital | -59.10M | -25.80M | -30.19M | -437.00K | -12.65M | -9.91M | -7.64M | -2.19M | -354.00K | -648.00K |
| Operating Cash Flow | 17.97M | 101.12M | 66.61M | 119.86M | 64.57M | 37.88M | 44.77M | 61.74M | 38.66M | 34.60M |
| Investing Cash Flow | -105.70M | -425.44M | -395.93M | -555.00M | -495.51M | -398.81M | -92.84M | -210.48M | -191.47M | -96.56M |
| Dividends Paid | -23.95M | -22.47M | -21.00M | -19.60M | -18.52M | -17.93M | -17.11M | -27.50M | -12.05M | -18.73M |
| Share Repurchases | — | — | 0 | 0 | -21.38M | -6.59M | -7.18M | -5.94M | 0 | -3.73M |
| Financing Cash Flow | 168.04M | 586.79M | 363.08M | -443.25M | 780.09M | 753.20M | 206.45M | 24.00M | 169.31M | 155.66M |
| Net Change in Cash | 80.31M | 262.48M | 33.76M | -878.39M | 349.15M | 392.27M | 158.38M | -124.75M | 16.50M | 93.70M |
| Free Cash Flow | 17.97M | 101.12M | 66.61M | 119.86M | 64.57M | 37.88M | 44.77M | 61.74M | 38.66M | 34.60M |
This table shows 10 annual periods of Mercantile Bank's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MBWM's reporting calendar. What is a cash flow statement?