Mercantile Bank Corporation (MBWM) quarterly cash flow statement — complete operating, investing & financing history
Mercantile Bank Corporation (MBWM) cash flow statement — 28-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 15.27M | 28.31M | 5.65M | 23.11M | -7.8M | -2.98M | 59.86M | -8.09M | 9.11M | 40.24M | -7.3M | 36.45M | 19.4M | 18.07M | 37.07M | 32.8M | 22.11M | 27.89M | 45.4M | -3.01M |
| Operating CF Growth % | 295.63% | 1051.24% | -90.56% | 385.63% | -185.66% | -107.4% | 920.08% | -122.2% | -53.04% | 122.73% | -119.69% | 11.13% | -12.24% | -35.22% | -18.36% | 1189.57% | -6.32% | 2062.56% | 110.49% | -110.49% |
| Net Income | 25.93M | 22.68M | 22.84M | 23.76M | 22.62M | 19.54M | 19.63M | 19.62M | 18.79M | 21.56M | 20.03M | 20.86M | 20.36M | 20.97M | 21.8M | 16.03M | 11.74M | 11.49M | 11.64M | 15.05M |
| Depreciation & Amortization | 1.18M | 1.7M | 1.39M | 1.34M | 1.42M | 1.65M | 2.36M | 2.67M | 2.71M | 2.77M | 2.64M | 2.93M | 2.88M | 3.05M | 3.09M | 3.16M | 3.23M | 3.46M | 3.48M | 3.44M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -11.88M | -7.15M | 258K | 9.43M | -10.81M | 2.31M | 13.82M | -6.24M | -4.56M | 4.18M | -8.56M | 4.13M | -6.28M | 500K | 12.25M | 1.03M | 2.16M | 1.17M | 29.04M | -17.76M |
| Working Capital Changes | -981K | 10.1M | -19.66M | -12.36M | -21.96M | -27.25M | 23.27M | -25.04M | -8.71M | 10.98M | -22.28M | 7.71M | 1.61M | -7.31M | -1.05M | 11.79M | 4.18M | 10.96M | -810K | -4.2M |
| Cash from Investing | -109.47M | -24.74M | 7.96M | 63.63M | -95.26M | -82.03M | -102.96M | -153.87M | -155.44M | -13.17M | -198.88M | -51.73M | -88.19M | -57.14M | -52M | -166.6M | -185.27M | -151.13M | -179.07M | -121.69M |
| Purchase of Investments | -143.01M | -42.93M | -60.21M | -38.6M | -52.9M | -51.66M | -69.09M | -46.93M | -57M | -591K | -6.92M | -1.38M | -4.25M | -7.39M | -15.81M | -12.56M | -26.93M | -51.7M | -40.74M | -89.06M |
| Sale/Maturity of Investments | 37.42M | 15.39M | 18.74M | 20.39M | 21.36M | 6.83M | 25.23M | 13.36M | 17.91M | 5.27M | 11.37M | 2.66M | 8.49M | 1.7M | 4.72M | 1.62M | 8.79M | 2.85M | 2.9M | 33.01M |
| Net Investment Activity | -105.59M | -27.54M | -41.47M | -18.21M | -31.54M | -44.83M | -43.86M | -33.57M | -39.09M | 4.68M | 4.44M | 1.28M | 4.25M | -5.69M | -11.09M | -10.94M | -18.15M | -48.85M | -37.84M | -56.05M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -3.55M | 3.74M | 49.65M | 84.47M | -61.36M | -35.66M | -58.51M | -114.69M | -115.48M | -16.39M | -202.78M | -51.55M | -90.26M | -48.94M | -40.06M | -153.89M | -167.05M | -101.95M | -139.88M | -64.94M |
| Cash from Financing | -144.11M | 102.41M | -17.3M | 94.22M | 13.68M | 77.45M | 107.57M | 292.88M | 106.72M | 79.63M | 70.73M | 73.47M | 218.65M | 237K | -172.31M | -61.29M | -127.94M | -81.71M | 283.47M | 190.53M |
| Dividends Paid | -6.64M | -6.63M | -6.07M | -6.07M | -5.91M | -5.9M | -5.7M | -5.7M | -5.54M | -5.53M | -5.34M | -5.33M | -5.17M | -5.16M | -5M | -4.98M | -4.82M | -4.81M | -4.64M | -4.66M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.58M | -8.95M |
| Stock Issued | 13K | 46K | 238K | 230K | 202K | 203K | 216K | 215K | 201K | 204K | 233K | 231K | 232K | 217K | 214K | 218K | 213K | 222K | 229K | 237K |
| Net Stock Activity | 13K | 46K | 238K | 230K | 202K | 203K | 216K | 215K | 201K | 204K | 233K | 231K | 232K | 217K | 214K | 218K | 213K | 222K | -1.35M | -8.71M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K |
| Other Financing | -175.88M | 122.4M | -21.47M | 110.06M | 29.39M | 104.01M | 143.05M | 308.36M | 132.06M | 105.79M | 65.83M | 88.57M | 133.58M | -64.46M | -137.53M | -32.53M | -103.28M | -100.09M | 235.83M | 197.78M |
| Net Change in Cash | -238.31M | 105.98M | -3.69M | 180.95M | -89.39M | -7.55M | 64.46M | 130.92M | -39.6M | 106.7M | -135.45M | 58.19M | 149.86M | -38.83M | -187.24M | -195.09M | -291.1M | -204.96M | 149.8M | 65.83M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 579.3M | 473.32M | 477.02M | 296.07M | 385.46M | 393.01M | 328.55M | 197.63M | 237.23M | 130.53M | 265.99M | 207.8M | 57.94M | 96.77M | 284.01M | 479.11M | 770.2M | 975.16M | 825.36M | 759.53M |
| Cash at End | 340.99M | 579.3M | 473.32M | 477.02M | 296.07M | 385.46M | 393.01M | 328.55M | 197.63M | 237.23M | 130.53M | 265.99M | 207.8M | 57.94M | 96.77M | 284.01M | 479.11M | 770.2M | 975.16M | 825.36M |
| Interest Paid | 30.79M | 30.89M | 31.42M | 33.75M | 31.8M | 32.47M | 34.19M | 35.56M | 31.21M | 28.27M | 23.36M | 20.63M | 16.2M | 11.84M | 6.39M | 6.59M | 4.54M | 4.24M | 4.53M | 5.24M |
| Income Taxes Paid | -10.71M | 0 | 44.84M | 0 | 0 | 0 | -5.05M | 5.05M | 0 | 0 | 6.26M | 4.74M | 0 | 0 | 5.2M | 800K | 0 | 0 | 3.1M | 2.3M |
| Free Cash Flow | 14.94M | 27.37M | 5.42M | 20.47M | -10.17M | -4.51M | 59.27M | -13.7M | 8.24M | 38.78M | -7.84M | 34.98M | 17.23M | 15.56M | 36.22M | 31.03M | 22.04M | 27.56M | 44.05M | -3.71M |
| FCF Growth % | 246.97% | 706.49% | -90.85% | 249.4% | -223.33% | -111.64% | 855.49% | -139.16% | -52.16% | 149.25% | -121.66% | 12.75% | -21.83% | -43.54% | -17.78% | 937.49% | 1.82% | 1011.24% | 122.68% | -114.29% |