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Mercantile Bank Corporation MBWM Proceeds From Payments For In Securities Sold Under Agreements To Repurchase

Proceeds From Payments For In Securities Sold Under Agreements To Repurchase 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$972.03M+36.5%
P/E10.6×+1.4×
P/S3.8×+0.8×

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:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase.

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 payments for in securities sold under agreements to repurchase?
Mercantile Bank Corporation (MBWM) reported proceeds from payments for in securities sold under agreements to repurchase of -$12.78M in Q1 2026.
How has Mercantile Bank Corporation's proceeds from payments for in securities sold under agreements to repurchase changed year-over-year?
Mercantile Bank Corporation's proceeds from payments for in securities sold under agreements to repurchase decreased by 110.6% year-over-year, from $120.58M to -$12.78M.
What does proceeds from payments for in securities sold under agreements to repurchase mean?
Reflects the net cash flow generated from repurchase agreements where the bank sells securities with an agreement to repurchase them at a later date. This serves as a short-term financing tool to manage daily liquidity needs. Investors monitor this to understand the bank's reliance on wholesale funding markets.