Mercantile Bank (MBWM) Free Cash Flow (2010 - 2026)

Mercantile Bank has reported Free Cash Flow for 17 years, with the latest figure 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.
• The five-year high for Free Cash Flow was $59.3 million in Q4 2024, with the low at -$13.7 million in Q3 2024.
• Historically, Free Cash Flow has averaged $18.1 million across 5 years, with a median of $20.5 million in 2025.
• Annual changes were most pronounced in 2022 — Free Cash Flow surged 1011.24% — and 2025, when it sank 223.33%.
• Mercantile Bank's Free Cash Flow stood at $36.2 million in 2022, then plunged by 121.66% to -$7.8 million in 2023, then soared by 855.49% to $59.3 million in 2024, then sank by 90.85% to $5.4 million in 2025, then jumped 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.