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Mercantile Bank Corporation MBWM Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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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 / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Mercantile Bank Corporation (MBWM) reported increase (decrease) in prepaid expense and other assets of -$18.65M in Q1 2026.
How has Mercantile Bank Corporation's increase (decrease) in prepaid expense and other assets changed year-over-year?
Mercantile Bank Corporation's increase (decrease) in prepaid expense and other assets decreased by 296.5% year-over-year, from $9.49M to -$18.65M.
What is the long-term trend for Mercantile Bank Corporation's increase (decrease) in prepaid expense and other assets?
Over 4 years (2021 to 2025), Mercantile Bank Corporation's increase (decrease) in prepaid expense and other assets has grown at a 37.5% compound annual growth rate (CAGR), from $16.52M to $59.1M.
What does increase (decrease) in prepaid expense and other assets mean?
Measures the net change in assets representing payments made in advance for services or goods that will be consumed in future periods. Fluctuations in this metric reflect changes in operational spending patterns and timing of vendor payments.