Mercantile Bank MBWM
NASDAQ MBWM
$61.09 +0.67 (+1.11%)
At close: Oct 23, 2026 · 4:00 PM EDT

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

Updated

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.

Analysis

Mercantile Bank Corp (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 Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
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
API Access

Mercantile Bank Corp 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