Mercantile Bank (MBWM) Goodwill (2014 - 2026)

Mercantile Bank (MBWM) has 13 years of Goodwill data on file, last reported 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.
• Across five years, Goodwill topped out at $73.7 million in Q1 2026 and bottomed at $49.5 million in Q1 2022.
• The 5-year median for Goodwill is $49.5 million (2022), against an average of $52.3 million.
• 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 jumped by 46.86% to $72.7 million in 2025, then climbed 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.

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