Mercantile Bank (MBWM) Goodwill (2014 - 2026)
Mercantile Bank (MBWM) posted quarterly Goodwill of $73.7 million for Q2 2026, up 48.95% year-over-year from $49.5 million in Q2 2025, and little changed on a QoQ basis from $73.7 million in Q1 2026.
Mercantile Bank (MBWM) Goodwill (2014 - 2026) Analysis & Trends
Mercantile Bank has reported Goodwill for 13 years, with the latest figure at $73.7 million in Q2 2026.
- Goodwill for Q2 2026 came in at $73.7 million, up 48.95% year-over-year; the trailing twelve-month figure through Jun 2026 was $73.7 million (up 48.95% YoY), and the FY2025 annual result was $72.7 million, up 46.86% from the prior year.
- Goodwill was little changed at $73.7 million in Q2 2026, from $73.7 million in the prior quarter.
- Over five years, Goodwill peaked at $73.7 million in Q1 2026 and troughed at $49.5 million in Q1 2022.
- A 5-year average of $53.5 million and a median of $49.5 million in 2022 frame the typical range for Goodwill.
- The widest annual swing landed in 2022, when Goodwill changed 0.0%; it then soared 48.95% in 2026.
- A 5-year view of Goodwill shows it stood at $49.5 million in 2022, then changed by 0.0% to $49.5 million in 2023, then changed by 0.0% to $49.5 million in 2024, then soared by 46.86% to $72.7 million in 2025, then advanced by 1.42% to $73.7 million in 2026.
- Per Business Quant data, the three most recent Goodwill figures were $73.7 million in Q2 2026, $73.7 million in Q1 2026, and $72.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.86 Bn | 84.67 Bn | - |
| 2 | Pnc Financial Services | 98.04 Bn | 98.04 Bn | - |
| 3 | Us Bancorp | 96.43 Bn | 96.43 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.94 Bn | -144.15 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.95 Bn | 57.27 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.84 Bn | 61.84 Bn | - |
| 9 | Fifth Third Bancorp | 49.99 Bn | 26.26 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 693.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 73.69 Mn |
| Mar 31, 2026 | 73.69 Mn |
| Dec 31, 2025 | 72.66 Mn |
| Sep 30, 2025 | 49.47 Mn |
| Jun 30, 2025 | 49.47 Mn |
| Mar 31, 2025 | 49.47 Mn |
| Dec 31, 2024 | 49.47 Mn |
| Sep 30, 2024 | 49.47 Mn |
| Jun 30, 2024 | 49.47 Mn |
| Mar 31, 2024 | 49.47 Mn |
| Dec 31, 2023 | 49.47 Mn |
| Sep 30, 2023 | 49.47 Mn |
| Jun 30, 2023 | 49.47 Mn |
| Mar 31, 2023 | 49.47 Mn |
| Dec 31, 2022 | 49.47 Mn |
| Sep 30, 2022 | 49.47 Mn |
| Jun 30, 2022 | 49.47 Mn |
| Mar 31, 2022 | 49.47 Mn |
| Dec 31, 2021 | 49.47 Mn |
| Sep 30, 2021 | 49.47 Mn |