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CapEx at other companies

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Fifth Third BankFITB
$146M+24.8%
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Huntington BancsharesHBAN
$96M+77.8%
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$768K+160%
Ameris Bancorp logo
Ameris BancorpABCB
$8.61M+12.5%
International Bancshares logo
International BancsharesIBOC
$5.67M+46.7%
BankUnited logo
BankUnitedBKU
-$14.06M-2,220%

Other financials

Income statement

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Revenue$68.8M+12.8%
Net income$25.9M+14.6%
EPS (diluted)$1.50+7.9%

Cash flow

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Operating cash flow$28.3M+1,051%
Free cash flow$27.4M+706%

Valuation

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Market cap$1.06B+46.1%
P/E11.1×+2.2×
P/S4.1×+1.0×

Profitability

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Net margin36.5%+1.8pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromProductiveAssets.

The source filing: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026.

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014320
(Dollars in thousands)Three Months / Ended / March 31, 2026Three Months / Ended / March 31, 2025
Cash flows from investing activities
Loan originations and payments, net5,708(35,656)
Purchases of securities available for sale(42,926)(51,657)
Purchases of federal reserve stock(2,154)0
Proceeds from maturities, calls and repayments of securities available for sale15,3866,825
Proceeds from bank owned life insurance claims1860
Net purchases of premises and equipment and lease activity(938)(1,537)
Net cash for investing activities(24,738)(82,025)

Document

FAQ

What is Mercantile Bank Corporation's capex?
Mercantile Bank Corporation (MBWM) reported capex of $938K in Q1 2026.
How has Mercantile Bank Corporation's capex changed year-over-year?
Mercantile Bank Corporation's capex decreased by 39.0% year-over-year, from $1.54M to $938K.
What is the long-term trend for Mercantile Bank Corporation's capex?
Over 4 years (2021 to 2025), Mercantile Bank Corporation's capex has grown at a 4.8% compound annual growth rate (CAGR), from $5.6M to $6.76M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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