Mercantile Bank Corporation Capital Reinvestment Ratio
Mercantile Bank Corporation capital reinvestment ratio. Mercantile Bank Corporation (MBWM) has a Capital Reinvestment Ratio of 0.02x as of June 2026, meaning it reinvests 0% of its operating cash flow ($15.27 Million) in capital expenditures ($328.00K). Check MBWM cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Mercantile Bank Corporation (1998–2025)
Capital reinvestment ratio of Mercantile Bank Corporation from 1998 to 2025. This chart tracks Mercantile Bank Corporation's Capital Reinvestment Ratio across 27 annual periods. Also explore MBWM net asset momentum to track the company's year-over-year net asset growth rate.
Mercantile Bank Corporation Capital Reinvestment Ratio by Year (1998–2025)
Mercantile Bank Corporation capital reinvestment ratio by year from 1998 to 2025. For the full cash flow conversion analysis, see Mercantile Bank Corporation operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | $17.97 Million | $6.76 Million | ▲ +346.1% |
| 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 | — |