Mercantile Bank Corporation (MBWM) — Cash Flow Reinvestment Rate
Mercantile Bank Corporation (MBWM) has a Cash Flow Reinvestment Rate of 0.08x as of June 2026, reinvesting $1.26 Million (capex $328.00K plus investments $-931.00K) from operating cash flow of $15.27 Million. See MBWM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Mercantile Bank Corporation Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Mercantile Bank Corporation across 27 annual periods. For the full cash flow conversion analysis, see MBWM cash flow conversion.
Annual Cash Flow Reinvestment Rate for Mercantile Bank Corporation (1998–2025)
Year-by-year capital reinvestment analysis for Mercantile Bank Corporation. See MBWM financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 7.95x | $142.81 Million | $17.97 Million | $6.76 Million | ▲ +85.1% |
| 2024 | 4.29x | $433.97 Million | $101.12 Million | $8.53 Million | ▲ +11.8% |
| 2023 | 3.84x | $255.74 Million | $66.61 Million | $6.69 Million | ▼ -17.0% |
| 2022 | 4.62x | $554.19 Million | $119.86 Million | $3.02 Million | ▼ -39.3% |
| 2021 | 7.62x | $491.78 Million | $64.57 Million | $5.60 Million | ▼ -27.7% |
| 2020 | 10.53x | $398.97 Million | $37.88 Million | $8.99 Million | ▲ +382.7% |
| 2019 | 2.18x | $97.69 Million | $44.77 Million | $13.48 Million | ▼ -36.8% |
| 2018 | 3.45x | $213.22 Million | $61.74 Million | $6.32 Million | ▼ -31.1% |
| 2017 | 5.01x | $193.71 Million | $38.66 Million | $5.42 Million | ▲ +89.1% |
| 2016 | 2.65x | $91.67 Million | $34.60 Million | $2.02 Million | ▼ -3.8% |
| 2015 | 2.75x | $99.17 Million | $36.00 Million | $1.08 Million | ▲ +26.1% |
| 2014 | 2.19x | $31.50 Million | $14.41 Million | $2.17 Million | ▲ +208.5% |
| 2013 | 0.71x | $20.32 Million | $28.68 Million | $326.00K | ▼ -75.6% |
| 2012 | 2.91x | $49.52 Million | $17.03 Million | $571.00K | ▼ -69.9% |
| 2011 | 9.68x | $217.77 Million | $22.51 Million | $556.00K | ▲ +242640.8% |
| 2010 | 0.00x | $118.00K | $29.60 Million | $118.00K | ▼ -91.9% |
| 2008 | 0.05x | $673.00K | $13.63 Million | $673.00K | ▼ -72.8% |
| 2007 | 0.18x | $3.51 Million | $19.36 Million | $3.51 Million | ▼ -14.6% |
| 2006 | 0.21x | $5.91 Million | $27.83 Million | $5.91 Million | ▼ -27.8% |
| 2005 | 0.29x | $7.68 Million | $26.10 Million | $7.68 Million | ▼ -48.9% |
| 2004 | 0.58x | $10.52 Million | $18.27 Million | $10.52 Million | ▲ +82.4% |
| 2003 | 0.32x | $4.29 Million | $13.61 Million | $4.29 Million | ▼ -10.4% |
| 2002 | 0.35x | $3.53 Million | $10.02 Million | $3.53 Million | ▼ -74.2% |
| 2001 | 1.36x | $5.99 Million | $4.39 Million | $5.99 Million | ▲ +898.5% |
| 2000 | 0.14x | $1.10 Million | $8.05 Million | $1.10 Million | ▼ -77.7% |
| 1999 | 0.61x | $1.90 Million | $3.10 Million | $1.90 Million | ▼ -76.2% |
| 1998 | 2.57x | $1.08 Million | $420.00K | $1.08 Million | — |