Mercantile Bank Corporation (MBWM) Stock Forecast
Data as of Aug 3, 2026Financial Services · Current price $60.68 (+1.00%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 21, 2026 | Daniel Tamayo | Raymond James | $57.00 | -6.1% |
| Jan 7, 2026 | Daniel Tamayo | Raymond James | $54.00 | -11.0% |
Top Analysts Covering MBWM
MBWM vs Sector & Market
| Metric | MBWM | Financial Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.67 | 2.52 | 2.42 |
| Analyst Count | 3 | 9 | 19 |
| Target Upside | +6.1% | +95.1% | +17.1% |
| P/E Ratio | 10.96 | -5.04 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $70M | $71M | $71M | 4 |
| 2026-12-31 | $71M | $71M | $72M | 3 |
| 2027-03-31 | $71M | $71M | $72M | 3 |
| 2027-06-30 | $73M | $73M | $74M | 2 |
| 2027-09-30 | $75M | $75M | $76M | 2 |
| 2027-12-31 | $75M | $75M | $76M | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $1.36 | $1.40 | $1.43 | 4 |
| 2026-12-31 | $1.40 | $1.42 | $1.43 | 2 |
| 2027-03-31 | $1.38 | $1.39 | $1.41 | 2 |
| 2027-06-30 | $1.46 | $1.47 | $1.48 | 1 |
| 2027-09-30 | $1.52 | $1.53 | $1.55 | 1 |
| 2027-12-31 | $1.53 | $1.54 | $1.56 | 2 |
Frequently Asked Questions
What is the analyst consensus for MBWM?
The consensus among 3 analysts covering Mercantile Bank Corporation (MBWM) is Hold with an average price target of $63.50.
What is the highest price target for MBWM?
The highest price target for MBWM is $57.00, set by Daniel Tamayo at Raymond James on 2026-01-21.
What is the lowest price target for MBWM?
The lowest price target for MBWM is $54.00, set by Daniel Tamayo at Raymond James on 2026-01-07.
How many analysts cover MBWM?
3 analysts have issued ratings for Mercantile Bank Corporation in the past 12 months.
Is MBWM a buy or sell right now?
Based on 3 analyst ratings, MBWM has a consensus rating of Hold (2.67/5) with a +6.1% upside to the consensus target of $63.50.
What are the earnings estimates for MBWM?
Analysts estimate MBWM will report EPS of $1.40 for the period ending 2026-09-30, with revenue estimated at $71M.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.