Mercantile Bank Corporation (MBWM) — Free Cash Flow Generation Index
Mercantile Bank Corporation (MBWM) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $27.37 Million represents 1% of operating cash flow ($28.31 Million). Read MBWM total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Mercantile Bank Corporation Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Mercantile Bank Corporation across 27 annual periods. Explore MBWM capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Mercantile Bank Corporation (1998–2025)
Year-by-year Free Cash Flow Generation Index for Mercantile Bank Corporation. For the full company profile including market capitalisation, see market value of Mercantile Bank Corporation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.62x | $11.21 Million | $17.97 Million | $6.76 Million | ▼ -31.9% |
| 2024 | 0.92x | $92.59 Million | $101.12 Million | $8.53 Million | ▲ +1.8% |
| 2023 | 0.90x | $59.93 Million | $66.61 Million | $6.69 Million | ▼ -7.7% |
| 2022 | 0.97x | $116.84 Million | $119.86 Million | $3.02 Million | ▲ +6.7% |
| 2021 | 0.91x | $58.97 Million | $64.57 Million | $5.60 Million | ▲ +19.7% |
| 2020 | 0.76x | $28.89 Million | $37.88 Million | $8.99 Million | ▲ +9.1% |
| 2019 | 0.70x | $31.28 Million | $44.77 Million | $13.48 Million | ▼ -22.2% |
| 2018 | 0.90x | $55.42 Million | $61.74 Million | $6.32 Million | ▲ +4.4% |
| 2017 | 0.86x | $33.24 Million | $38.66 Million | $5.42 Million | ▼ -8.7% |
| 2016 | 0.94x | $32.58 Million | $34.60 Million | $2.02 Million | ▼ -2.9% |
| 2015 | 0.97x | $34.92 Million | $36.00 Million | $1.08 Million | ▲ +14.0% |
| 2014 | 0.85x | $12.26 Million | $14.41 Million | $2.17 Million | ▼ -13.9% |
| 2013 | 0.99x | $28.36 Million | $28.68 Million | $326.00K | ▲ +2.3% |
| 2012 | 0.97x | $16.46 Million | $17.03 Million | $571.00K | ▼ -0.9% |
| 2011 | 0.98x | $21.95 Million | $22.51 Million | $556.00K | ▼ -2.1% |
| 2010 | 1.00x | $29.48 Million | $29.60 Million | $118.00K | ▲ +4.8% |
| 2008 | 0.95x | $12.96 Million | $13.63 Million | $673.00K | ▲ +16.1% |
| 2007 | 0.82x | $15.85 Million | $19.36 Million | $3.51 Million | ▲ +3.9% |
| 2006 | 0.79x | $21.92 Million | $27.83 Million | $5.91 Million | ▲ +11.6% |
| 2005 | 0.71x | $18.42 Million | $26.10 Million | $7.68 Million | ▲ +66.2% |
| 2004 | 0.42x | $7.76 Million | $18.27 Million | $10.52 Million | ▼ -38.0% |
| 2003 | 0.68x | $9.31 Million | $13.61 Million | $4.29 Million | ▲ +5.7% |
| 2002 | 0.65x | $6.49 Million | $10.02 Million | $3.53 Million | ▲ +278.1% |
| 2001 | -0.36x | $-1.60 Million | $4.39 Million | $5.99 Million | ▼ -142.1% |
| 2000 | 0.86x | $6.95 Million | $8.05 Million | $1.10 Million | ▲ +123.1% |
| 1999 | 0.39x | $1.20 Million | $3.10 Million | $1.90 Million | ▲ +124.6% |
| 1998 | -1.57x | $-660.00K | $420.00K | $1.08 Million | — |