Mercantile Bank Cash Flow - Annual (NASDAQ:MBWM)
The Mercantile Bank cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Mercantile Bank profits and Mercantile Bank debt. This statement can tell if a company is running out of money while still being profitable and is useful in Mercantile Bank stock analysis. Mercantile Bank had a positive net income cash flow of $31.27M for the latest 2017. This report is very useful in measuring the short term viability of a company. Mercantile Bank has a positive cash and cash equivalents change of $16.5M.
View details of Mercantile Bank cash flows for latest & last 10 financial years| Fiscal year is Jan - Dec | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
Net Income Cash Flow | 31.27M | 31.91M | 27.02M | 17.33M | 17.03M | 12.53M | 37.48M | -13.31M | -52.08M | -4.95M |
| Depreciation Depletion Amortization Cash-Flow | 10.35M | 9.57M | 11.65M | 7.61M | 2.2M | 2.23M | 2.2M | 2.44M | 2.57M | 2.76M |
| Net Increase (Decrease) in Assets Liabilities | -3.87M | -1.29M | -6.03M | -10.82M | 10.81M | -0.53M | 3.17M | 6.31M | -29.38M | -4.5M |
| Cash From (used in) Discontinued Operations | - | - | - | - | - | - | - | - | - | - |
| Other Adjustments Net | - | -5.59M | 3.36M | - | -1.54M | 2.78M | -20.35M | 34.16M | 70.11M | 20.33M |
Net Cash from (used by) Operating Activities | 38.66M | 34.6M | 36M | 14.41M | 28.5M | 17.02M | 22.5M | 29.6M | -8.77M | 13.63M |
| Increase (Decrease) in Prop Plant And Equipment | -5.42M | -2.02M | -1.08M | -2.15M | -0.32M | -0.57M | -0.55M | -0.11M | -0.04M | -0.67M |
| Acquisition Disposition of Subsidiaires | - | - | - | 91.8M | - | - | - | - | - | - |
| Increase (Decrease) in Investments | -9.91M | 7.64M | 90.84M | 61.53M | -4.69M | 32.71M | 54.28M | 22.93M | -15.47M | -27.8M |
| Other Cash Inflow (Outflow) from Investment Activities | -176.13M | -102.17M | -185.96M | -86.42M | -7.4M | 34.58M | 173.99M | 248.85M | 258.08M | -83.32M |
Net Cash from (used by) Investment Activities | -191.47M | -96.56M | -96.2M | 64.76M | -12.41M | 66.73M | 227.72M | 271.67M | 242.56M | -111.8M |
| Issuance (Purchase) of Equity Shares | 1.94M | -9.14M | -14.17M | - | - | -28.18M | - | - | 20.9M | - |
| Issuance (Repayment) of Debt Securities | 45M | 107M | 14M | -3M | 10.17M | -9.99M | -20.37M | -140.08M | -67.63M | 90.51M |
| Increase (Decrease) in Bank & Other Borrowings | -12.96M | -23.06M | -12.79M | 43.78M | 4.54M | -7.8M | -54.41M | 9.62M | 7.94M | -1.85M |
| Payment of Dividends & Other Cash Distributions | -12.04M | -18.73M | -9.51M | -24.46M | -3.88M | -1.27M | -1.62M | -0.61M | -1.11M | -2.62M |
| Other Cash from (used by) Financing Activities | 147.38M | 99.6M | -0.16M | -70.23M | -16.29M | 23.12M | -161.75M | -127.79M | -197.94M | 8.39M |
Net Cash from (used by) Financing Activities | 169.31M | 155.66M | -22.64M | -53.4M | -5.12M | -24.12M | -238.05M | -258.81M | -237.86M | 94.54M |
| Effect of Exchange Rate Changes on Cash | - | - | - | - | - | - | - | - | - | - |
Net Change in Cash & Cash Equivalents | 16.5M | 93.7M | -82.84M | 25.77M | 10.96M | 59.63M | 12.17M | 42.46M | -4.06M | -3.62M |
| Cash & Equivalents at Beginning of Year | 183.59M | 89.89M | 172.73M | 146.96M | 136M | 76.37M | 64.19M | 21.73M | 25.8M | 29.43M |
| Cash & Equivalents at Year End | 200.1M | 183.59M | 89.89M | 172.73M | 146.96M | 136M | 76.37M | 64.19M | 21.73M | 25.8M |
Mercantile Bank stock comparison chart provides an easy way to compare the stock price with peers along with details of Mercantile Bank stock price history.
The statement of cash flows can be categorized into three main sections:
- Mercantile Bank had a Net Change in Cash and Cash Equivalents of $16.5M for the latest year 2017. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Mercantile Bank stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
- Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $38.66M for MBWM.
- Cash from investing stood at a negative value of $-191.47M for MBWM stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
- Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Mercantile Bank earned $169.31M from financing activities, in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.