Mercantile Bank Corporation Cash Flow Quality Index
Mercantile Bank Corporation cash flow quality index. Mercantile Bank Corporation (MBWM) has a Cash Flow Quality Index of 0.59x as of June 2026. Operating cash flow of $15.27 Million is below net income of $25.93 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of Mercantile Bank Corporation to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Mercantile Bank Corporation (1999–2025)
Cash flow quality index of Mercantile Bank Corporation from 1999 to 2025. Historical Cash Flow Quality Index for Mercantile Bank Corporation across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Mercantile Bank Corporation service its debt to assess how comfortably operating cash covers total debt obligations.
Mercantile Bank Corporation Cash Flow Quality Index by Year (1999–2025)
Mercantile Bank Corporation cash flow quality index by year from 1999 to 2025. Year-by-year earnings quality comparison for Mercantile Bank Corporation. For the full cash flow conversion analysis, see MBWM cash generation efficiency.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.20x | $17.97 Million | $88.75 Million | ▼ -84.1% |
| 2024 | 1.27x | $101.12 Million | $79.59 Million | ▲ +56.8% |
| 2023 | 0.81x | $66.61 Million | $82.22 Million | ▼ -58.7% |
| 2022 | 1.96x | $119.86 Million | $61.06 Million | ▲ +79.4% |
| 2021 | 1.09x | $64.57 Million | $59.02 Million | ▲ +27.5% |
| 2020 | 0.86x | $37.88 Million | $44.14 Million | ▼ -5.2% |
| 2019 | 0.91x | $44.77 Million | $49.46 Million | ▼ -38.4% |
| 2018 | 1.47x | $61.74 Million | $42.02 Million | ▲ +18.8% |
| 2017 | 1.24x | $38.66 Million | $31.27 Million | ▲ +14.0% |
| 2016 | 1.08x | $34.60 Million | $31.91 Million | ▼ -18.6% |
| 2015 | 1.33x | $36.00 Million | $27.02 Million | ▲ +60.2% |
| 2014 | 0.83x | $14.41 Million | $17.33 Million | ▼ -50.6% |
| 2013 | 1.68x | $28.68 Million | $17.03 Million | ▲ +23.9% |
| 2012 | 1.36x | $17.03 Million | $12.54 Million | ▲ +126.3% |
| 2011 | 0.60x | $22.51 Million | $37.48 Million | ▼ -72.2% |
| 2007 | 2.16x | $19.36 Million | $8.97 Million | ▲ +54.0% |
| 2006 | 1.40x | $27.83 Million | $19.85 Million | ▼ -3.8% |
| 2005 | 1.46x | $26.10 Million | $17.90 Million | ▲ +9.5% |
| 2004 | 1.33x | $18.27 Million | $13.72 Million | ▼ -2.0% |
| 2003 | 1.36x | $13.61 Million | $10.02 Million | ▲ +5.2% |
| 2002 | 1.29x | $10.02 Million | $7.76 Million | ▲ +31.7% |
| 2001 | 0.98x | $4.39 Million | $4.48 Million | ▼ -66.0% |
| 2000 | 2.88x | $8.05 Million | $2.79 Million | ▲ +95.0% |
| 1999 | 1.48x | $3.10 Million | $2.10 Million | — |