Mercantile Bank (MBWM) Goodwill (2014 - 2026)
Mercantile Bank (MBWM) posted Goodwill of $73.69 million for Q2 2026, up 48.9% from $49.47 million a year earlier and unchanged from the prior quarter.
Mercantile Bank (MBWM) Goodwill (2014 - 2026) Analysis & Trends
At the end of FY2025, Mercantile Bank's Goodwill came in at $72.66 million, up 46.9% from FY2024.
- Annual Goodwill shows a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Goodwill was $49.47 million in FY2024 (unchanged), $49.47 million in FY2023 (unchanged), $49.47 million in FY2022 (unchanged) and $49.47 million in FY2021 (unchanged).
- On a year-over-year basis, Goodwill has increased in each of the last three quarters, with growth averaging 18.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Goodwill ranged from 0.0% (Q3 2021) to 48.9% (Q2 2026).
- According to Business Quant data, Goodwill for the three prior quarters was $73.69 million (Q1 2026), $72.66 million (Q4 2025) and $49.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | Mercantile Bank | 1.02 Bn | 1.02 Bn | - |
Historic 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 |
Mercantile Bank Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();