Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026)
Mercantile Bank posted quarterly Free Cash Flow of $27.4 million for Q1 2026, up 706.49% year-on-year from $3.4 million in Q1 2025, and up 404.81% on a QoQ basis from $5.4 million in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Free Cash Flow data on file, last reported at $27.4 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 706.49% year-over-year to $27.4 million; the trailing twelve-month figure through Mar 2026 stood at $43.1 million (down 12.59% YoY), and the FY2025 full-year result was $11.2 million, down 87.89% from the prior year.
- Free Cash Flow for Q1 2026 stood at $27.4 million, up from $5.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $59.3 million in Q4 2024 and bottomed at -$13.7 million in Q3 2024.
- The 5-year median for Free Cash Flow is $20.5 million (2025), against an average of $18.1 million.
- The widest annual swing landed in 2022, when Free Cash Flow surged 1011.24%; it then tumbled 223.33% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $36.2 million in 2022, then tumbled by 121.66% to -$7.8 million in 2023, then jumped by 855.49% to $59.3 million in 2024, then plunged by 90.85% to $5.4 million in 2025, then surged by 404.81% to $27.4 million in 2026.
- The last three Free Cash Flow figures came in at $27.4 million (Q1 2026), $5.4 million (Q4 2025), and $20.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -172,298.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 5.85 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 6.71 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 390,677.59 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.93 Bn |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | 27.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.37 Mn |
| Mar 31, 2026 | 27.37 Mn |
| Dec 31, 2025 | 5.42 Mn |
| Dec 31, 2025 | 5.42 Mn |
| Sep 30, 2025 | 20.47 Mn |
| Sep 30, 2025 | 20.47 Mn |
| Jun 30, 2025 | -10.17 Mn |
| Jun 30, 2025 | -10.17 Mn |
| Mar 31, 2025 | -4.51 Mn |
| Mar 31, 2025 | -4.51 Mn |
| Dec 31, 2024 | 59.27 Mn |
| Dec 31, 2024 | 59.27 Mn |
| Sep 30, 2024 | -13.70 Mn |
| Sep 30, 2024 | -13.70 Mn |
| Jun 30, 2024 | 8.24 Mn |
| Jun 30, 2024 | 8.24 Mn |
| Mar 31, 2024 | 38.78 Mn |
| Mar 31, 2024 | 38.78 Mn |
| Dec 31, 2023 | -7.85 Mn |
| Dec 31, 2023 | -7.85 Mn |
| Sep 30, 2023 | 34.98 Mn |
| Sep 30, 2023 | 34.98 Mn |
| Jun 30, 2023 | 17.23 Mn |
| Jun 30, 2023 | 17.23 Mn |
| Mar 31, 2023 | 15.56 Mn |
| Mar 31, 2023 | 15.56 Mn |
| Dec 31, 2022 | 36.22 Mn |
| Dec 31, 2022 | 36.22 Mn |
| Sep 30, 2022 | 31.03 Mn |
| Sep 30, 2022 | 31.03 Mn |
| Jun 30, 2022 | 22.04 Mn |
| Jun 30, 2022 | 22.04 Mn |
| Mar 31, 2022 | 27.56 Mn |
| Mar 31, 2022 | 27.56 Mn |
| Dec 31, 2021 | 44.05 Mn |
| Dec 31, 2021 | 44.05 Mn |
| Sep 30, 2021 | -3.71 Mn |
| Sep 30, 2021 | -3.71 Mn |
| Jun 30, 2021 | 21.65 Mn |
| Jun 30, 2021 | 21.65 Mn |
| Mar 31, 2021 | -3.02 Mn |
| Mar 31, 2021 | -3.02 Mn |
| Dec 31, 2020 | 19.78 Mn |
| Dec 31, 2020 | 19.78 Mn |
| Sep 30, 2020 | 25.92 Mn |
| Sep 30, 2020 | 25.92 Mn |
| Jun 30, 2020 | -3.88 Mn |
| Jun 30, 2020 | -3.88 Mn |
| Mar 31, 2020 | -12.94 Mn |
| Mar 31, 2020 | -12.94 Mn |
| Dec 31, 2019 | 20.26 Mn |
| Dec 31, 2019 | 20.26 Mn |
| Sep 30, 2019 | 2.47 Mn |
| Sep 30, 2019 | 2.47 Mn |
| Jun 30, 2019 | 8.85 Mn |
| Jun 30, 2019 | 8.85 Mn |
| Mar 31, 2019 | -287,000.00 |
| Mar 31, 2019 | -287,000.00 |
| Dec 31, 2018 | 25.61 Mn |
| Dec 31, 2018 | 25.61 Mn |
| Sep 30, 2018 | 11.55 Mn |
| Sep 30, 2018 | 11.55 Mn |
| Jun 30, 2018 | 6.64 Mn |
| Jun 30, 2018 | 6.64 Mn |
| Mar 31, 2018 | 11.62 Mn |
| Mar 31, 2018 | 11.62 Mn |
| Dec 31, 2017 | 12.67 Mn |
| Dec 31, 2017 | 12.67 Mn |
| Sep 30, 2017 | 7.03 Mn |
| Sep 30, 2017 | 7.03 Mn |
| Jun 30, 2017 | 6.71 Mn |
| Jun 30, 2017 | 6.71 Mn |
| Mar 31, 2017 | 6.83 Mn |
| Mar 31, 2017 | 6.83 Mn |
| Dec 31, 2016 | 11.47 Mn |
| Dec 31, 2016 | 11.47 Mn |
| Sep 30, 2016 | 5.61 Mn |
| Sep 30, 2016 | 5.61 Mn |
| Jun 30, 2016 | 5.39 Mn |
| Jun 30, 2016 | 5.39 Mn |
| Mar 31, 2016 | 10.11 Mn |
| Mar 31, 2016 | 10.11 Mn |
| Dec 31, 2015 | 10.29 Mn |
| Dec 31, 2015 | 10.29 Mn |
| Sep 30, 2015 | 10.12 Mn |
| Sep 30, 2015 | 10.12 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Mar 31, 2015 | 7.52 Mn |
| Mar 31, 2015 | 7.52 Mn |
| Dec 31, 2014 | 4.94 Mn |
| Dec 31, 2014 | 4.94 Mn |
| Sep 30, 2014 | -638,000.00 |
| Sep 30, 2014 | -638,000.00 |
| Jun 30, 2014 | 7.71 Mn |
| Jun 30, 2014 | 7.71 Mn |
| Mar 31, 2014 | 250,000.00 |
| Mar 31, 2014 | 250,000.00 |
| Dec 31, 2013 | 6.64 Mn |
| Dec 31, 2013 | 6.64 Mn |
| Sep 30, 2013 | 5.40 Mn |
| Sep 30, 2013 | 5.40 Mn |
| Jun 30, 2013 | 13.10 Mn |
| Jun 30, 2013 | 13.10 Mn |
| Mar 31, 2013 | 3.22 Mn |
| Mar 31, 2013 | 3.22 Mn |
| Jun 30, 2012 | 4.97 Mn |
| Jun 30, 2012 | 4.97 Mn |
| Mar 31, 2012 | 2.86 Mn |
| Mar 31, 2012 | 2.86 Mn |
| Dec 31, 2011 | 6.53 Mn |
| Dec 31, 2011 | 6.53 Mn |
| Sep 30, 2011 | 492,000.00 |
| Sep 30, 2011 | 492,000.00 |
| Sep 30, 2010 | 1.18 Mn |
| Sep 30, 2010 | 1.18 Mn |