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Mercantile Bank Corporation MBWM Proceeds From Life Insurance Policies

Proceeds From Life Insurance Policies at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$21M+75.0%
First Merchants Corporation logo
First Merchants CorporationFRME
$4.27M+97.1%
Bank First Corporation logo
Bank First CorporationBFC
$137K—
Customers Bancorp logo
Customers BancorpCUBI
$1.43M-72.0%
Ameris Bancorp logo
Ameris BancorpABCB
$0-100%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$1.58M—

Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+35.3%
P/E10.5×+1.3×
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%—

Returns & leverage

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Return on equity8.6%—
Debt / equity0×—

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's proceeds from life insurance policies?
Mercantile Bank Corporation (MBWM) reported proceeds from life insurance policies of $186K in Q1 2026.
What is the long-term trend for Mercantile Bank Corporation's proceeds from life insurance policies?
Over 2 years (2022 to 2025), Mercantile Bank Corporation's proceeds from life insurance policies has grown at a 110.8% compound annual growth rate (CAGR), from $628K to $2.79M.
What does proceeds from life insurance policies mean?
Cash inflows received from Bank-Owned Life Insurance (BOLI) policies, typically resulting from death benefits or policy surrenders. These proceeds represent a recovery of investment and potential gain on the underlying insurance contracts.