Resonant bending-mode magnetoelectric (ME) coefficients of magnetostrictive-piezoelectric multilayer cantilevers are calculated analytically using a model developed for arbitrary multilayers on a substrate. Without quality factor effects the ME coefficient maxima in the four-dimensional parameter space of layer numbers, layer sequences, piezoelectric volume fractions, and substrate thicknesses are found to be essentially constant for nonzero substrate thickness. Global maxima occur for bilayers without substrates. Vanishing magnetoelectric response regions result from voltage cancellation in piezoelectric layers or absence of bending-mode excitation. They are determined by the neutral plane position in the multilayer stack. With Q-factor effects dominated by viscous air damping ME coefficients strongly increase with cantilever thickness primarily due to increasing resonance frequencies. The results yield a layer specific prediction of ME coefficients, resonance frequencies, and Q-factors in arbitrary multilayers and thus distinction of linear-coupling and Q-factor effects from exchange interaction, interface, or nonlinear ME effects