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MBWM (Mercantile Bank) FCF Margin % : 101.26% (As of Dec. 2024)


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What is Mercantile Bank FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Mercantile Bank's Free Cash Flow for the three months ended in Dec. 2024 was $59.3 Mil. Mercantile Bank's Revenue for the three months ended in Dec. 2024 was $58.5 Mil. Therefore, Mercantile Bank's FCF Margin % for the quarter that ended in Dec. 2024 was 101.26%.

As of today, Mercantile Bank's current FCF Yield % is 14.42%.

The historical rank and industry rank for Mercantile Bank's FCF Margin % or its related term are showing as below:

MBWM' s FCF Margin % Range Over the Past 10 Years
Min: 17.26   Med: 28.17   Max: 61.39
Current: 40


During the past 13 years, the highest FCF Margin % of Mercantile Bank was 61.39%. The lowest was 17.26%. And the median was 28.17%.

MBWM's FCF Margin % is ranked better than
65.63% of 1475 companies
in the Banks industry
Industry Median: 26.87 vs MBWM: 40.00


Mercantile Bank FCF Margin % Historical Data

The historical data trend for Mercantile Bank's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercantile Bank FCF Margin % Chart

Mercantile Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.26 32.90 61.39 26.55 40.00

Mercantile Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.78 66.59 14.52 -23.64 101.26

Competitive Comparison of Mercantile Bank's FCF Margin %

For the Banks - Regional subindustry, Mercantile Bank's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercantile Bank's FCF Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's FCF Margin % falls into.


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Mercantile Bank FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Mercantile Bank's FCF Margin for the fiscal year that ended in Dec. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=92.588/231.475
=40.00 %

Mercantile Bank's FCF Margin for the quarter that ended in Dec. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=59.268/58.533
=101.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercantile Bank FCF Margin % Related Terms

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Mercantile Bank Business Description

Traded in Other Exchanges
Address
310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Executives
Robert B Kaminski officer: Senior VP & Secretary C/O MERCANTILE BANK CORP, 5650 BYRON CENTER AVENUE SW, WYOMING MI 49509
Michael H Price director, officer: President & COO MERCANTILE BANK CORP, 5650 BYRON CENTER SW, WYOMING MI 49509
Amy L Sparks director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
David B Ramaker director 235 E. MAIN STREET, MIDLAND MI 48640
Robert T. Worthington officer: SENIOR V.P., GENERAL COUNSEL 310 LEONARD ST NW, GRAND RAPIDS MI 49504
Brett Hoover officer: SVP, Human Resources Director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Lonna Wiersma officer: SVP, Human Resources Director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael S. Davenport director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Michelle Larabee Eldridge director 259 E. MICHIGAN AVE., SUITE 105, KALAMAZOO MI 49007
Edward B Grant director
Thomas R Sullivan director, officer: CHAIRMAN OF THE BOARD
Edward J Clark director C/O AMERICAN SEATING CO, 401 AMERICAN SEATING CENTER N.W., GRAND RAPIDS MI 49504-4499
Raymond E. Reitsma director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Jeff A Gardner director C/O FIRSTBANK CORPORATION, 311 WOODWORTH AVENUE, ALMA MI 48801
Samuel G Stone officer: EXECUTIVE VICE PRESIDENT