Skip to content

Mercantile Bank Corporation MBWM Mercantile Bank — Goodwill

Other segment segments

Eastern Michigan Bank
$24.22M

Similar metrics at other companies

First Busey Corporation logo
BUSEBanking — Goodwill
$359.26M-0.8%
Stock Yards Bancorp logo
SYBTCommercial Banking — Goodwill
$172M0.0%
Univest Financial Corporation logo
UVSPBanking1 — Goodwill
$138.48M0.0%
Tompkins Financial logo
TMPBanking — Goodwill
$64.53M0.0%
Alerus Financial Corporation logo
ALRSBanking — Goodwill
$74.11M0.0%
M&T Bank logo
MTBCommercial Bank — Goodwill
$5.08B0.0%

Other financials

Income statement

See full
Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

See full
Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

See full
Market cap$963.74M+36.5%
P/E10.5×+1.4×
P/S3.8×+0.7×

Profitability

See full
Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

See full
Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Mercantile Bank Corporation's mercantile bank — goodwill.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's mercantile bank — goodwill?
Mercantile Bank Corporation (MBWM) reported mercantile bank — goodwill of $32.17M in Q1 2026.
What does mercantile bank — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations attributed to the Mercantile Bank segment. It reflects the premium paid for intangible factors such as brand reputation, customer relationships, and synergies expected from acquisitions. Monitoring this balance is essential for assessing potential impairment risks and the long-term value realization of past strategic acquisitions.