Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026)
Mercantile Bank (MBWM) posted Free Cash Flow of $27.4 million for Q1 2026, up 404.81% on a QoQ basis from $5.4 million in Q4 2025, and up 706.49% year-over-year from $3.4 million in Q1 2025.
Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026) Analysis & Trends
Mercantile Bank's Free Cash Flow history runs 17 years deep, the most recent figure standing at $27.4 million for Q1 2026.
- Quarterly Free Cash Flow rose 706.49% year-over-year to $27.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.1 million (down 12.59% YoY) and the FY2025 annual result came in at $11.2 million, down 87.89% from the prior year.
- Free Cash Flow was $27.4 million for Q1 2026 at Mercantile Bank, 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.
- A 5-year average of $18.1 million and a median of $20.5 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow surged 1011.24% — and 2025, when it plunged 223.33%.
- Mercantile Bank's Free Cash Flow stood at $36.2 million in 2022, then slumped by 121.66% to -$7.8 million in 2023, then surged by 855.49% to $59.3 million in 2024, then tumbled by 90.85% to $5.4 million in 2025, then soared by 404.81% to $27.4 million in 2026.
- Business Quant data shows MBWM's Free Cash Flow at $27.4 million in Q1 2026, $5.4 million in Q4 2025, and $20.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 385,108.26 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 26.15 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -172,298.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 5.85 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 6.71 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.93 Bn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 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 |