Mercantile Bank Corporation Cash Flow Conversion Efficiency
Mercantile Bank Corporation cash flow conversion efficiency. Based on the latest financial reports, Mercantile Bank Corporation (MBWM) has a cash flow conversion efficiency ratio of 0.020x as of June 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 ($15.27 Million) by net assets ($755.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Mercantile Bank Corporation (1998–2025)
Cash flow conversion efficiency of Mercantile Bank Corporation from 1998 to 2025. This chart illustrates how Mercantile Bank Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Mercantile Bank Corporation share price for real-time trading data and today's change.
Mercantile Bank Corporation Cash Flow Conversion Ratio Explained
Mercantile Bank Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see MBWM market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Chlor-Alkali Chemical Co Ltd A
SHG:600618
|
0.012x |
|
Goldman Sachs BDC Inc
NYSE:GSBD
|
0.020x |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
N/A |
|
HannStar Board Corp
TW:5469
|
-0.013x |
|
Edan Instruments Inc
SHE:300206
|
0.036x |
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
0.073x |
|
Israel Canada
TA:ISCN
|
-0.076x |
|
Glenveagh Properties PLC
IR:GVR
|
0.096x |
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. Review Mercantile Bank Corporation free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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