Mercantile Bank (MBWM) Goodwill (2014 - 2026)

Mercantile Bank has reported Goodwill for 13 years, with the latest figure at $73.7 million in Q1 2026.

• For the quarter ending Q1 2026, Goodwill rose 48.95% year-over-year to $73.7 million; the trailing twelve-month figure through Mar 2026 stood at $73.7 million (up 48.95% YoY), and the FY2025 full-year result was $72.7 million, up 46.86% from the prior year.
• Goodwill for Q1 2026 stood at $73.7 million, up from $72.7 million in the prior quarter.
• The five-year high for Goodwill was $73.7 million in Q1 2026, with the low at $49.5 million in Q1 2022.
• Historically, Goodwill has averaged $52.3 million across 5 years, with a median of $49.5 million in 2022.
• 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 soared by 46.86% to $72.7 million in 2025, then advanced by 1.42% to $73.7 million in 2026.
• The last three Goodwill figures came in at $73.7 million (Q1 2026), $72.7 million (Q4 2025), and $49.5 million (Q3 2025), per Business Quant data.