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Mercantile Bank Corporation MBWM Payments to Acquire Businesses, Net of Cash Acquired

Payments to Acquire Businesses, Net of Cash Acquired at other companies

APO
Apogee EnterprisesAPOG
$0-100%
Scansource logo
ScansourceSCSC
$18.36M
HWK
HawkinsHWKN
$0-100%
Willdan Group logo
Willdan GroupWLDN
$583K-98.2%
LKQ logo
LKQLKQ
$5M+2,100%
Matthews International logo
Matthews InternationalMATW
$524K-76.4%

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:PaymentsToAcquireBusinessesNetOfCashAcquired.

The official record: Mercantile Bank Corporation’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's payments to acquire businesses, net of cash acquired?
Mercantile Bank Corporation (MBWM) reported payments to acquire businesses, net of cash acquired of -$13.39M in Q4 2025.
What does payments to acquire businesses, net of cash acquired mean?
Measures the net cash outflow used for the acquisition of other entities or business units, adjusted for the cash held by the acquired firm. This metric is critical for evaluating the bank's inorganic growth strategy and capital deployment efficiency. It provides insight into the scale and cost of expansion efforts.