Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026)
Mercantile Bank (MBWM) reported Free Cash Flow of $14.94 million for Q2 2026, compared with -$10.17 million a year earlier and down 45.4% from the prior quarter.
Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercantile Bank's Free Cash Flow came in at $68.2 million, up 120.8% year-over-year; for FY2025, it came in at $11.21 million, down 87.9% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of -17.2% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $92.59 million in FY2024 (+54.5%), $59.93 million in FY2023 (-48.7%), $116.85 million in FY2022 (+98.1%) and $58.97 million in FY2021 (+104.1%).
- Five-year quarterly Free Cash Flow spans a low of -$13.7 million in Q3 2024 and a high of $59.27 million in Q4 2024.
- The high point for year-over-year Free Cash Flow in five years was Q1 2024 (growth of 149.3%); the low point was Q4 2025 (a decline of 90.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $27.37 million (Q1 2026), $5.42 million (Q4 2025) and $20.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | -25.28 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 29.04 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | -3.57 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 25.17 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 | - | 5.60 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 6.78 Bn |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - | 14.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.94 Mn |
| Mar 31, 2026 | 27.37 Mn |
| Dec 31, 2025 | 5.42 Mn |
| Sep 30, 2025 | 20.47 Mn |
| Jun 30, 2025 | -10.17 Mn |
| Mar 31, 2025 | -4.51 Mn |
| Dec 31, 2024 | 59.27 Mn |
| Sep 30, 2024 | -13.70 Mn |
| Jun 30, 2024 | 8.24 Mn |
| Mar 31, 2024 | 38.78 Mn |
| Dec 31, 2023 | -7.85 Mn |
| Sep 30, 2023 | 34.98 Mn |
| Jun 30, 2023 | 17.23 Mn |
| Mar 31, 2023 | 15.56 Mn |
| Dec 31, 2022 | 36.22 Mn |
| Sep 30, 2022 | 31.03 Mn |
| Jun 30, 2022 | 22.04 Mn |
| Mar 31, 2022 | 27.56 Mn |
| Dec 31, 2021 | 44.05 Mn |
| Sep 30, 2021 | -3.71 Mn |
Mercantile Bank Free Cash Flow 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=free-cash-flow&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();