Mercantile Bank (MBWM) Free Cash Flow: 2011-2024

Historic Free Cash Flow for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $92.6 million.

  • Mercantile Bank's Free Cash Flow rose 249.40% to $20.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $65.1 million, marking a year-over-year increase of 155.37%. This contributed to the annual value of $92.6 million for FY2024, which is 54.50% up from last year.
  • As of FY2024, Mercantile Bank's Free Cash Flow stood at $92.6 million, which was up 54.50% from $59.9 million recorded in FY2023.
  • Mercantile Bank's 5-year Free Cash Flow high stood at $116.8 million for FY2022, and its period low was $28.9 million during FY2020.
  • Over the past 3 years, Mercantile Bank's median Free Cash Flow value was $92.6 million (recorded in 2024), while the average stood at $89.8 million.
  • Per our database at Business Quant, Mercantile Bank's Free Cash Flow spiked by 104.14% in 2021 and then plummeted by 48.71% in 2023.
  • Yearly analysis of 5 years shows Mercantile Bank's Free Cash Flow stood at $28.9 million in 2020, then surged by 104.14% to $59.0 million in 2021, then spiked by 98.14% to $116.8 million in 2022, then tumbled by 48.71% to $59.9 million in 2023, then spiked by 54.50% to $92.6 million in 2024.