Mercantile Bank Corporation (MBWM) — Capital Reinvestment Ratio
Mercantile Bank Corporation (MBWM) has a Capital Reinvestment Ratio of 0.11x as of September 2025, meaning it reinvests 0% of its operating cash flow ($23.11 Million) in capital expenditures ($2.64 Million). See MBWM net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Mercantile Bank Corporation Capital Reinvestment Ratio (1998–2024)
This chart tracks Mercantile Bank Corporation's Capital Reinvestment Ratio across 26 annual periods. Check cash flow reinvestment rate of Mercantile Bank Corporation to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Mercantile Bank Corporation (1998–2024)
Year-by-year Capital Reinvestment Ratio for Mercantile Bank Corporation from 1998 to 2024. For live market cap and broader valuation context, see MBWM company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | $101.12 Million | $8.53 Million | ▼ -16.0% |
| 2023 | 0.10x | $66.61 Million | $6.69 Million | ▲ +298.8% |
| 2022 | 0.03x | $119.86 Million | $3.02 Million | ▼ -71.0% |
| 2021 | 0.09x | $64.57 Million | $5.60 Million | ▼ -63.4% |
| 2020 | 0.24x | $37.88 Million | $8.99 Million | ▼ -21.2% |
| 2019 | 0.30x | $44.77 Million | $13.48 Million | ▲ +194.3% |
| 2018 | 0.10x | $61.74 Million | $6.32 Million | ▼ -27.0% |
| 2017 | 0.14x | $38.66 Million | $5.42 Million | ▲ +139.7% |
| 2016 | 0.06x | $34.60 Million | $2.02 Million | ▲ +94.9% |
| 2015 | 0.03x | $36.00 Million | $1.08 Million | ▼ -80.1% |
| 2014 | 0.15x | $14.41 Million | $2.17 Million | ▲ +1227.6% |
| 2013 | 0.01x | $28.68 Million | $326.00K | ▼ -66.1% |
| 2012 | 0.03x | $17.03 Million | $571.00K | ▲ +35.7% |
| 2011 | 0.02x | $22.51 Million | $556.00K | ▲ +519.7% |
| 2010 | 0.00x | $29.60 Million | $118.00K | ▼ -91.9% |
| 2008 | 0.05x | $13.63 Million | $673.00K | ▼ -72.8% |
| 2007 | 0.18x | $19.36 Million | $3.51 Million | ▼ -14.6% |
| 2006 | 0.21x | $27.83 Million | $5.91 Million | ▼ -27.8% |
| 2005 | 0.29x | $26.10 Million | $7.68 Million | ▼ -48.9% |
| 2004 | 0.58x | $18.27 Million | $10.52 Million | ▲ +82.4% |
| 2003 | 0.32x | $13.61 Million | $4.29 Million | ▼ -10.4% |
| 2002 | 0.35x | $10.02 Million | $3.53 Million | ▼ -74.2% |
| 2001 | 1.36x | $4.39 Million | $5.99 Million | ▲ +898.5% |
| 2000 | 0.14x | $8.05 Million | $1.10 Million | ▼ -77.7% |
| 1999 | 0.61x | $3.10 Million | $1.90 Million | ▼ -76.2% |
| 1998 | 2.57x | $420.00K | $1.08 Million | — |