Mercantile Bank Corporation Financial Flexibility Index
Mercantile Bank Corporation financial flexibility index. Mercantile Bank Corporation (MBWM) has a Financial Flexibility Index of 0.00x as of June 2026. Free cash flow of $15.60 Million (operating CF $15.27 Million minus capex $328.00K) represents 0% of total liabilities ($6.06 Billion). See MBWM free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Mercantile Bank Corporation (1998–2025)
Financial flexibility index of Mercantile Bank Corporation from 1998 to 2025. Historical Financial Flexibility Index trend for Mercantile Bank Corporation across 28 annual periods. Check how high is Mercantile Bank Corporation's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Mercantile Bank Corporation Financial Flexibility Index by Year (1998–2025)
Mercantile Bank Corporation financial flexibility index by year from 1998 to 2025. Year-by-year free cash flow to debt coverage for Mercantile Bank Corporation. For the full cash flow conversion analysis, see MBWM cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.00x | $24.74 Million | $17.97 Million | $6.11 Billion | ▼ -79.8% |
| 2024 | 0.02x | $109.65 Million | $101.12 Million | $5.47 Billion | ▲ +32.2% |
| 2023 | 0.02x | $73.30 Million | $66.61 Million | $4.83 Billion | ▼ -45.3% |
| 2022 | 0.03x | $122.88 Million | $119.86 Million | $4.43 Billion | ▲ +89.7% |
| 2021 | 0.01x | $70.17 Million | $64.57 Million | $4.80 Billion | ▲ +24.6% |
| 2020 | 0.01x | $46.87 Million | $37.88 Million | $4.00 Billion | ▼ -35.2% |
| 2019 | 0.02x | $58.25 Million | $44.77 Million | $3.22 Billion | ▼ -20.5% |
| 2018 | 0.02x | $68.06 Million | $61.74 Million | $2.99 Billion | ▲ +50.9% |
| 2017 | 0.02x | $44.09 Million | $38.66 Million | $2.92 Billion | ▲ +13.0% |
| 2016 | 0.01x | $36.63 Million | $34.60 Million | $2.74 Billion | ▼ -7.4% |
| 2015 | 0.01x | $37.09 Million | $36.00 Million | $2.57 Billion | ▲ +123.2% |
| 2014 | 0.01x | $16.59 Million | $14.41 Million | $2.57 Billion | ▼ -71.6% |
| 2013 | 0.02x | $29.01 Million | $28.68 Million | $1.27 Billion | ▲ +65.1% |
| 2012 | 0.01x | $17.60 Million | $17.03 Million | $1.28 Billion | ▼ -24.2% |
| 2011 | 0.02x | $23.06 Million | $22.51 Million | $1.27 Billion | ▼ -7.8% |
| 2010 | 0.02x | $29.72 Million | $29.60 Million | $1.51 Billion | ▲ +499.1% |
| 2009 | 0.00x | $-8.73 Million | $-8.78 Million | $1.77 Billion | ▼ -170.3% |
| 2008 | 0.01x | $14.31 Million | $13.63 Million | $2.03 Billion | ▼ -40.2% |
| 2007 | 0.01x | $22.88 Million | $19.36 Million | $1.94 Billion | ▼ -33.9% |
| 2006 | 0.02x | $33.74 Million | $27.83 Million | $1.90 Billion | ▼ -11.3% |
| 2005 | 0.02x | $33.77 Million | $26.10 Million | $1.68 Billion | ▼ -2.8% |
| 2004 | 0.02x | $28.79 Million | $18.27 Million | $1.39 Billion | ▲ +23.7% |
| 2003 | 0.02x | $17.90 Million | $13.61 Million | $1.07 Billion | ▲ +3.8% |
| 2002 | 0.02x | $13.54 Million | $10.02 Million | $842.02 Million | ▼ -2.9% |
| 2001 | 0.02x | $10.39 Million | $4.39 Million | $627.22 Million | ▼ -12.9% |
| 2000 | 0.02x | $9.15 Million | $8.05 Million | $480.89 Million | ▲ +29.3% |
| 1999 | 0.01x | $5.00 Million | $3.10 Million | $340.00 Million | ▲ +85.8% |
| 1998 | 0.01x | $1.50 Million | $420.00K | $189.54 Million | — |