Mercantile Bank Corporation
MBWM · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | – | $22,618 | $19,537 | $19,626 |
| Dep. & Amort. | – | $1,417 | $1,647 | $2,358 |
| Deferred Tax | – | $0 | $0 | $0 |
| Stock-Based Comp. | – | $937 | $786 | $785 |
| Change in WC | – | -$21,963 | -$27,255 | $23,273 |
| Other Non-Cash | – | -$10,814 | $2,309 | $13,816 |
| Operating Cash Flow | – | -$7,805 | -$2,976 | $59,858 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | – | -$2,361 | -$1,537 | -$590 |
| Net Acquisitions | – | $0 | $0 | $0 |
| Inv. Purchases | – | -$52,895 | -$51,657 | -$69,095 |
| Inv. Sales/Matur. | – | $21,355 | $6,825 | $25,235 |
| Other Inv. Act. | – | -$61,361 | -$35,656 | -$58,511 |
| Investing Cash Flow | – | -$95,262 | -$82,025 | -$102,961 |
| Financing Activities | – | – | – | – |
| Debt Repay. | – | -$10,000 | -$20,862 | -$30,000 |
| Stock Issued | – | $202 | $203 | $0 |
| Stock Repurch. | – | $0 | $0 | $0 |
| Dividends Paid | – | -$5,908 | -$5,902 | -$5,702 |
| Other Fin. Act. | – | $29,385 | $104,012 | $143,269 |
| Financing Cash Flow | – | $13,679 | $77,451 | $107,567 |
| Forex Effect | – | $0 | $0 | $0 |
| Net Chg. in Cash | – | -$89,388 | -$7,550 | $64,464 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | – | $385,460 | $393,010 | $328,546 |
| End Cash | – | $296,072 | $385,460 | $393,010 |
| Free Cash Flow | – | -$10,166 | -$4,513 | $59,268 |