Mercantile Bank (MBWM) Goodwill & Intangibles (2014 - 2026)

Mercantile Bank (MBWM) posted Goodwill & Intangibles of $91.9 million for Q1 2026, down 1.27% on a QoQ basis from $93.0 million in Q4 2025, and up 85.68% year-over-year from $49.5 million in Q1 2025.

Mercantile Bank (MBWM) Goodwill & Intangibles (2014 - 2026) Analysis & Trends

Mercantile Bank's Goodwill & Intangibles history runs 13 years deep, the most recent figure standing at $91.9 million for Q1 2026.

  • Quarterly Goodwill & Intangibles rose 85.68% year-over-year to $91.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $91.9 million (up 85.68% YoY) and the FY2025 annual result came in at $93.0 million, up 88.07% from the prior year.
  • Goodwill & Intangibles was $91.9 million for Q1 2026 at Mercantile Bank, down from $93.0 million in the prior quarter.
  • Across five years, Goodwill & Intangibles topped out at $93.0 million in Q4 2025 and bottomed at $49.5 million in Q4 2023.
  • A 5-year average of $54.8 million and a median of $49.7 million in 2023 frame the typical range for Goodwill & Intangibles.
  • Annual changes were most pronounced in 2022 — Goodwill & Intangibles fell 25.26% — and 2025, when it soared 88.07%.
  • Mercantile Bank's Goodwill & Intangibles stood at $50.1 million in 2022, then dropped by 1.16% to $49.5 million in 2023, then changed by 0.0% to $49.5 million in 2024, then jumped by 88.07% to $93.0 million in 2025, then decreased by 1.27% to $91.9 million in 2026.
  • Business Quant data shows MBWM's Goodwill & Intangibles at $91.9 million in Q1 2026, $93.0 million in Q4 2025, and $49.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Mercantile Bank 985.63 Mn 406.32 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 91.86 Mn
Dec 31, 2025 93.04 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 49.69 Mn
Jun 30, 2023 49.76 Mn
Mar 31, 2023 49.90 Mn
Dec 31, 2022 50.06 Mn
Sep 30, 2022 50.21 Mn
Jun 30, 2022 50.37 Mn
Mar 31, 2022 50.59 Mn
Dec 31, 2021 66.97 Mn
Sep 30, 2021 51.06 Mn
Jun 30, 2021 51.30 Mn