Mercantile Bank Corporation (MBWM) — 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). Check Mercantile Bank Corporation total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Mercantile Bank Corporation Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Mercantile Bank Corporation across 28 annual periods. For the full cash flow conversion analysis, see MBWM cash generation efficiency.
Annual Financial Flexibility Index for Mercantile Bank Corporation (1998–2025)
Year-by-year free cash flow to debt coverage for Mercantile Bank Corporation. Explore Mercantile Bank Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.
| 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 | — |