Mercantile Bank Corporation (MBWM) — Cash Flow Reinvestment Rate
Mercantile Bank Corporation (MBWM) has a Cash Flow Reinvestment Rate of 0.90x as of September 2025, reinvesting $20.85 Million (capex $2.64 Million plus investments $-18.21 Million) from operating cash flow of $23.11 Million. Explore MBWM capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Mercantile Bank Corporation Cash Flow Reinvestment Rate (1998–2024)
Historical reinvestment intensity for Mercantile Bank Corporation across 26 annual periods. Also explore MBWM asset base for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Mercantile Bank Corporation (1998–2024)
Year-by-year capital reinvestment analysis for Mercantile Bank Corporation. For live market cap and broader valuation context, see MBWM stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 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 | — |