Mercantile Bank (MBWM) Goodwill (2014 - 2026)

Mercantile Bank's Goodwill history runs 13 years deep, the most recent figure standing at $73.7 million for Q1 2026.

• Quarterly Goodwill rose 48.95% year-over-year to $73.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $73.7 million (up 48.95% YoY) and the FY2025 annual result came in at $72.7 million, up 46.86% from the prior year.
• Goodwill was $73.7 million for Q1 2026 at Mercantile Bank, up from $72.7 million in the prior quarter.
• Across five years, Goodwill topped out at $73.7 million in Q1 2026 and bottomed at $49.5 million in Q1 2022.
• A 5-year average of $52.3 million and a median of $49.5 million in 2022 frame the typical range for Goodwill.
• Annual changes were most pronounced in 2022 — Goodwill changed 0.0% — and 2026, when it soared 48.95%.
• Mercantile Bank's Goodwill 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 surged by 46.86% to $72.7 million in 2025, then grew by 1.42% to $73.7 million in 2026.
• Business Quant data shows MBWM's Goodwill at $73.7 million in Q1 2026, $72.7 million in Q4 2025, and $49.5 million in Q3 2025.