Mercantile Bank Corporation (MBWM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mercantile Bank Corporation (MBWM) has a cash flow conversion efficiency ratio of 0.038x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($28.31 Million) by net assets ($736.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MBWM net asset quality score to measure how much of total assets are equity-financed.
Mercantile Bank Corporation - Cash Flow Conversion Efficiency Trend (1998–2025)
This chart illustrates how Mercantile Bank Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Mercantile Bank Corporation to evaluate the quality of earnings relative to operating cash generation.
Mercantile Bank Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mercantile Bank Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Silicon Integrated Systems Corp
TW:2363
|
-0.001x |
|
Shanghai Action Education Technology CO.LTD.
SHG:605098
|
N/A |
|
Qingdao Port International Co. Ltd
F:0QP
|
0.037x |
|
MONGOLIAN MINING CRP.REGS
F:29X2
|
N/A |
|
Cisen Pharmaceutical Co Ltd
SHG:603367
|
0.049x |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
0.035x |
|
Guilin Fuda Co Ltd
SHG:603166
|
0.032x |
|
Donnelley Financial Solutions Inc
NYSE:DFIN
|
-0.015x |
Annual Cash Flow Conversion Efficiency for Mercantile Bank Corporation (1998–2025)
The table below shows the annual cash flow conversion efficiency of Mercantile Bank Corporation from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see Mercantile Bank Corporation (MBWM) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $724.88 Million | $17.97 Million | 0.025x | -85.67% |
| 2024-12-31 | $584.53 Million | $101.12 Million | 0.173x | +35.60% |
| 2023-12-31 | $522.14 Million | $66.61 Million | 0.128x | -53.02% |
| 2022-12-31 | $441.41 Million | $119.86 Million | 0.272x | +91.99% |
| 2021-12-31 | $456.56 Million | $64.57 Million | 0.141x | +64.88% |
| 2020-12-31 | $441.55 Million | $37.88 Million | 0.086x | -20.18% |
| 2019-12-31 | $416.56 Million | $44.77 Million | 0.107x | -34.68% |
| 2018-12-31 | $375.25 Million | $61.74 Million | 0.165x | +55.68% |
| 2017-12-31 | $365.87 Million | $38.66 Million | 0.106x | +4.09% |
| 2016-12-31 | $340.81 Million | $34.60 Million | 0.102x | -5.87% |
| 2015-12-31 | $333.80 Million | $36.00 Million | 0.108x | +145.55% |
| 2014-12-31 | $328.14 Million | $14.41 Million | 0.044x | -76.52% |
| 2013-12-31 | $153.32 Million | $28.68 Million | 0.187x | +61.01% |
| 2012-12-31 | $146.59 Million | $17.03 Million | 0.116x | -14.82% |
| 2011-12-31 | $165.00 Million | $22.51 Million | 0.136x | -41.97% |
| 2010-12-31 | $125.94 Million | $29.60 Million | 0.235x | +475.30% |
| 2009-12-31 | $140.10 Million | $-8.78 Million | -0.063x | -180.10% |
| 2008-12-31 | $174.37 Million | $13.63 Million | 0.078x | -28.06% |
| 2007-12-31 | $178.16 Million | $19.36 Million | 0.109x | -32.86% |
| 2006-12-31 | $171.91 Million | $27.83 Million | 0.162x | -3.76% |
| 2005-12-31 | $155.12 Million | $26.10 Million | 0.168x | +30.36% |
| 2004-12-31 | $141.62 Million | $18.27 Million | 0.129x | +23.48% |
| 2003-12-31 | $130.20 Million | $13.61 Million | 0.105x | -16.70% |
| 2002-12-31 | $79.83 Million | $10.02 Million | 0.125x | +104.00% |
| 2001-12-31 | $71.46 Million | $4.39 Million | 0.062x | -75.65% |
| 2000-12-31 | $31.85 Million | $8.05 Million | 0.253x | +128.15% |
| 1999-12-31 | $28.00 Million | $3.10 Million | 0.111x | +603.85% |
| 1998-12-31 | $26.70 Million | $420.00K | 0.016x | -- |
About Mercantile Bank Corporation
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and indust… Read more