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Mercantile Bank (MBWM) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MBWM Stock Rating

Mercantile Bank stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (57.14%), 3 Hold (42.86%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 3 4 Strong Sell Sell Hold Buy Strong Buy

MBWM Price Target Upside V Benchmarks

TypeNameUpside
StockMercantile Bank-
SectorFinancial Services Stocks 3.56%
IndustryRegional Banks Stocks8.84%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$44.78$44.78$44.78
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25113--5
May, 25113--5
Apr, 25112--4
Mar, 25113--5
Feb, 25113--5
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024Keefe, Bruyette & WoodsOutperformOutperformhold
Jul 17, 2024Piper SandlerNeutralNeutralhold
Mar 07, 2023Piper SandlerOverweightupgrade
Jul 28, 2022Hovde GroupOutperformupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.71$3.69$3.85$5.13$4.93--
Avg Forecast$2.38$3.81$3.68$5.12$4.87$4.83$4.95
High Forecast$2.41$3.86$3.75$5.15$4.89$4.91$5.04
Low Forecast$2.34$3.75$3.61$5.09$4.85$4.77$4.89
Surprise %13.87%-3.15%4.62%0.20%1.23%--

Revenue Forecast

$150M $190M $230M $270M $310M $350M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$167.42M$179.22M$190.32M$217.99M$321.50M--
Avg Forecast$160.92M$179.02M$184.45M$222.46M$229.86M$237.35M$247.33M
High Forecast$162.69M$180.99M$187.04M$222.61M$230.39M$237.68M$249.90M
Low Forecast$159.05M$176.93M$181.68M$222.31M$229.09M$237.08M$245.84M
Surprise %4.04%0.11%3.18%-2.01%39.87%--

Net Income Forecast

$20M $36M $52M $68M $84M $100M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$44.14M$59.02M$61.06M$82.22M$79.59M--
Avg Forecast$27.51M$46.94M$49.29M$82.22M$77.94M$78.17M$79.48M
High Forecast$33.01M$56.33M$59.15M$98.66M$78.26M$78.64M$80.68M
Low Forecast$22.01M$37.55M$39.43M$65.77M$77.62M$76.39M$78.29M
Surprise %60.46%25.73%23.89%-2.12%--

MBWM Forecast FAQ

Is Mercantile Bank stock a buy?

Mercantile Bank stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Mercantile Bank is a favorable investment for most analysts.

What is Mercantile Bank's price target?

Mercantile Bank's price target, set by 7 Wall Street analysts, averages - over the next 12 months. The price target range spans from - at the low end to - at the high end, suggesting a potential 0% change from the previous closing price of $44.78.

How does Mercantile Bank stock forecast compare to its benchmarks?

Mercantile Bank's stock forecast shows a 0% downside, underperforming the average forecast for the financial services stocks sector (3.56%) and underperforming the regional banks stocks industry (8.84%).

What is the breakdown of analyst ratings for Mercantile Bank over the past three months?

  • June 2025: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 25.00% Strong Buy, 25.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Mercantile Bank’s EPS forecast?

Mercantile Bank's average annual EPS forecast for its fiscal year ending in December 2025 is $4.83, marking a -2.03% decrease from the reported $4.93 in 2024. Estimates for the following years are.

What is Mercantile Bank’s revenue forecast?

Mercantile Bank's average annual revenue forecast for its fiscal year ending in December 2025 is $237.35M, reflecting a -26.18% decrease from the reported $321.5M in 2024. The forecast for.

What is Mercantile Bank’s net income forecast?

Mercantile Bank's net income forecast for the fiscal year ending in December 2025 stands at $78.17M, representing a -1.79% decrease from the reported $79.59M in 2024. Projections indicate .