Mercantile Bank (MBWM) Goodwill: 2016-2024

Historic Goodwill for Mercantile Bank (MBWM) over the last 9 years, with Dec 2024 value amounting to $49.5 million.

  • Mercantile Bank's Goodwill changed negligibly% to $49.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $49.5 million, marking a year-over-year negligible change of negligibly%. This contributed to the annual value of $49.5 million for FY2024, which is negligibly% changed negligibly from last year.
  • As of FY2024, Mercantile Bank's Goodwill stood at $49.5 million, which was down 0.00% from $49.5 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Goodwill ranged from a high of $49.5 million in FY2020 and a low of $49.5 million during FY2020.
  • Its 3-year average for Goodwill is $49.5 million, with a median of $49.5 million in 2024.