Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp Logo
Mercantile Bank Corp
NASDAQ:MBWM
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Price: 38.53 USD -0.77%
Market Cap: 625.3m USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

0
Operating Cash Flow
+0%
Growth Rates:
1 Year
+52%
3 Years
+57%
5 Years
+126%
7 Years
+161%
10 Years
+602%
0
Investing Cash Flow
+0%
Growth Rates:
1 Year
-7%
3 Years
+14%
5 Years
-358%
7 Years
-122%
10 Years
-
0
Financing Cash Flow
+0%
Growth Rates:
1 Year
+62%
3 Years
-25%
5 Years
+184%
7 Years
+247%
10 Years
-

Cash Flow Statement
Mercantile Bank Corp

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Cash Flow Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024
Operating Cash Flow
Net Income
17
20
25
27
27
29
30
30
32
31
31
31
31
35
37
39
42
43
45
48
50
48
45
44
44
48
57
61
59
56
50
51
61
71
79
84
82
83
81
80
80
Depreciation & Amortization
8
10
11
12
12
12
10
10
10
9
11
11
10
10
10
10
10
10
10
10
10
8
8
9
9
12
13
13
14
14
14
13
13
12
12
12
11
11
11
11
11
Change in Deffered Taxes
5
0
0
0
4
0
0
0
(1)
0
0
0
1
0
0
0
(0)
0
0
0
0
0
0
0
(4)
0
0
0
2
0
0
0
(1)
0
0
0
(2)
0
0
0
(0)
Stock-Based Compensation
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
2
2
2
2
4
4
4
4
3
3
3
3
3
3
3
3
3
Other Non-Cash Items
(4)
(5)
(6)
(6)
(5)
(5)
(4)
(4)
(4)
(5)
(4)
(4)
(3)
(1)
(1)
0
0
(2)
(2)
(2)
(1)
0
2
2
3
3
2
2
2
2
3
3
2
3
3
3
3
1
2
2
1
Cash Taxes Paid
0
3
6
6
8
7
9
13
13
12
13
12
16
16
14
13
22
22
22
23
32
32
31
31
28
28
35
34
20
0
13
12
11
0
20
24
25
0
70
70
21
Cash Interest Paid
11
11
12
11
12
12
12
12
15
15
16
17
14
15
17
18
10
12
15
18
12
14
12
10
11
8
7
5
18
16
16
17
22
29
41
55
72
41
56
71
129
Change in Working Capital
(12)
(8)
(15)
(6)
(2)
(2)
(4)
(8)
(2)
(2)
(2)
(0)
(1)
(1)
(2)
(0)
10
1
2
(8)
(13)
(25)
(37)
(13)
(14)
(13)
5
(32)
(12)
20
24
59
45
26
15
14
(28)
(5)
(13)
(57)
11
Cash from Operating Activities
14
N/A
22
+51%
21
-5%
32
+52%
36
+14%
38
+6%
37
-4%
33
-11%
35
+6%
33
-6%
35
+6%
37
+8%
39
+4%
44
+13%
44
+2%
49
+10%
62
+26%
51
-17%
54
+6%
47
-13%
45
-4%
33
-27%
19
-43%
41
+122%
38
-8%
46
+22%
73
+57%
41
-44%
65
+58%
94
+45%
92
-2%
128
+39%
120
-6%
110
-8%
107
-2%
111
+3%
67
-40%
89
+33%
78
-12%
34
-57%
101
+198%
Investing Cash Flow
Capital Expenditures
(2)
(2)
(2)
(2)
(1)
0
(1)
(1)
(2)
(3)
(4)
(5)
(5)
(6)
(6)
(6)
(6)
(8)
(9)
(10)
(14)
(14)
(13)
(12)
(9)
(7)
(8)
(6)
(6)
(4)
(2)
(4)
(3)
(5)
(7)
(7)
(7)
(6)
(4)
(9)
(9)
Other Items
67
81
21
(45)
(95)
(103)
(157)
(147)
(95)
(146)
(152)
(157)
(186)
(123)
(129)
(156)
(204)
(245)
(243)
(221)
(79)
(37)
(370)
(368)
(390)
(627)
(173)
(257)
(490)
(404)
(635)
(679)
(552)
(456)
(357)
(242)
(389)
(346)
(415)
(513)
(417)
Cash from Investing Activities
65
N/A
79
+22%
19
-76%
(47)
N/A
(96)
-103%
(103)
-7%
(158)
-53%
(149)
+6%
(97)
+35%
(149)
-54%
(156)
-4%
(162)
-4%
(192)
-18%
(129)
+33%
(135)
-5%
(162)
-20%
(211)
-30%
(252)
-20%
(251)
+0%
(232)
+8%
(93)
+60%
(51)
+45%
(382)
-652%
(380)
+1%
(399)
-5%
(634)
-59%
(182)
+71%
(263)
-45%
(496)
-89%
(409)
+18%
(637)
-56%
(682)
-7%
(555)
+19%
(461)
+17%
(364)
+21%
(249)
+32%
(396)
-59%
(352)
+11%
(419)
-19%
(521)
-24%
(425)
+18%
Financing Cash Flow
Net Issuance of Common Stock
0
(2)
(9)
(15)
(15)
(24)
(17)
(11)
(11)
1
1
1
0
0
0
0
(6)
(10)
(10)
(13)
(7)
(10)
(10)
(6)
(7)
(4)
(11)
(20)
(21)
(18)
(10)
(2)
0
0
0
0
0
0
0
0
0
Net Issuance of Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74
88
88
88
15
(0)
0
0
0
0
0
0
0
Cash Paid for Dividends
(25)
(26)
(9)
(9)
(10)
(10)
(10)
(10)
(19)
(19)
(19)
(20)
(12)
(13)
(13)
(14)
(28)
(28)
(29)
(29)
(17)
(17)
(18)
(18)
(18)
(18)
(18)
(18)
(19)
(19)
(19)
(19)
(20)
(20)
(20)
(21)
(21)
(21)
(22)
(22)
(22)
Other
(29)
(34)
(3)
11
2
51
117
175
185
87
134
179
181
256
128
31
57
243
260
375
231
67
712
689
778
1 026
427
531
746
381
206
(55)
(438)
(341)
6
141
384
464
352
572
609
Cash from Financing Activities
(53)
N/A
(62)
-16%
(20)
+68%
(13)
+36%
(23)
-78%
18
N/A
90
+412%
154
+72%
156
+1%
68
-56%
116
+70%
160
+38%
169
+6%
243
+44%
115
-53%
16
-86%
24
+46%
205
+754%
222
+8%
333
+50%
206
-38%
40
-81%
684
+1 606%
665
-3%
753
+13%
1 004
+33%
397
-60%
493
+24%
780
+58%
433
-45%
264
-39%
13
-95%
(443)
N/A
(361)
+18%
(15)
+96%
120
N/A
363
+203%
443
+22%
331
-25%
550
+66%
587
+7%
Change in Cash
Net Change in Cash
26
N/A
39
+51%
20
-49%
(29)
N/A
(83)
-191%
(48)
+43%
(32)
+34%
38
N/A
94
+147%
(48)
N/A
(5)
+89%
35
N/A
17
-53%
158
+858%
24
-85%
(97)
N/A
(125)
-29%
4
N/A
25
+562%
149
+506%
158
+7%
22
-86%
321
+1 365%
326
+2%
392
+20%
416
+6%
288
-31%
271
-6%
349
+29%
118
-66%
(280)
N/A
(541)
-93%
(878)
-62%
(712)
+19%
(271)
+62%
(18)
+93%
34
N/A
179
+431%
(10)
N/A
63
N/A
262
+319%

See Also

Summary
MBWM intrinsic value, competitors valuation, and company profile.
DCF Valuation
MBWM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MBWM stock valuation using valuation multiples.
Wall Street Estimates
MBWM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MBWM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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