Mercantile Bank MBWM
NASDAQ MBWM
$58.39 -0.50 (-0.85%)
As of: Sep 30, 2026 · 3:59 PM EDT

Mercantile Bank (MBWM) Goodwill (2014 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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