Mercantile Bank (MBWM) EV to FCF (2012 - 2026)
Mercantile Bank's (MBWM) EV to FCF stood at 14.55 in Q2 2026, down 40.4% from 24.41 a year earlier and down 28.1% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) EV to FCF (2012 - 2026) Analysis & Trends
For FY2025, Mercantile Bank's EV to FCF came in at 73.73, up 850.3% from FY2024.
- Across earlier years, EV to FCF came in at 7.76 in FY2024 (-28.6%), 10.87 in FY2023 (+137.1%), 4.58 in FY2022 (-51.3%) and 9.41 in FY2021 (-38.7%).
- Quarterly EV to FCF has ranged from 3.78 in Q3 2022 to 73.73 in Q4 2025 over the past five years.
- On a year-over-year basis, EV to FCF rose in five of the last eight quarters, with growth averaging 189.2%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 850.3% in Q4 2025, against a decline of 73.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.24 (Q1 2026), 73.73 (Q4 2025) and 11.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.55 |
| Mar 31, 2026 | 20.24 |
| Dec 31, 2025 | 73.73 |
| Sep 30, 2025 | 11.24 |
| Jun 30, 2025 | 24.41 |
| Mar 31, 2025 | 14.31 |
| Dec 31, 2024 | 7.76 |
| Sep 30, 2024 | 27.70 |
| Jun 30, 2024 | 8.83 |
| Mar 31, 2024 | 7.46 |
| Dec 31, 2023 | 10.87 |
| Sep 30, 2023 | 4.76 |
| Jun 30, 2023 | 4.42 |
| Mar 31, 2023 | 4.67 |
| Dec 31, 2022 | 4.58 |
| Sep 30, 2022 | 3.78 |
| Jun 30, 2022 | 5.63 |
| Mar 31, 2022 | 6.27 |
| Dec 31, 2021 | 9.41 |
| Sep 30, 2021 | 14.51 |
API Access
Mercantile Bank EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();