AI Score
Our AI model analyzes fundamental, technical, and statistical indicators
to predict the probability of a bullish trend over the next three months.
We regularly update and refine our models to deliver the most reliable forecasts
for you.
Bullish Probability | Sentiment | Score |
---|---|---|
+80% | Strong Buy | 10 |
+75% | Buy | 9 |
+70% | Buy | 8 |
+60% | Buy | 7 |
+50% | Hold | 6 |
+45% | Hold | 5 |
+40% | Hold | 4 |
+35% | Sell | 3 |
+30% | Sell | 2 |
+20% | Strong Sell | 1 |
Bid | 17.39 |
Market Cap | 699.91M |
Revenue (ttm) | - |
Net Income (ttm) | - |
EPS (ttm) | 4.96 |
PE Ratio (ttm) | 8.74 |
Forward PE | n/a |
Analyst | Buy |
Ask | 69.1 |
Volume | 34,521 |
Avg. Volume (20D) | 65,311 |
Open | 42.69 |
Previous Close | 42.21 |
Day's Range | 42.48 - 43.44 |
52-Week Range | 33.46 - 52.98 |
Beta | undefined |
About MBWM
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land developme...
Analyst Forecast
According to 2 analyst ratings, the average rating for MBWM stock is "Buy." The 12-month stock price forecast is $54.5, which is an increase of 25.69% from the latest price.
Next Earnings Release
Analysts project revenue of $57.33M, reflecting a 0.67% YoY growth and earnings per share of 1.14, making a -8.80% decrease YoY.
3 months ago · seekingalpha.com
A Great Quarter Is A Great Time To Downgrade Mercantile Bank CorporationMercantile Bank Corporation's Q3 2024 results exceeded analyst expectations, with revenue and profits higher than anticipated, despite a year-over-year decline in net profits. The stock has risen 26.1...
3 months ago · seekingalpha.com
Mercantile Bank Corporation (MBWM) Q3 2024 Earnings Call TranscriptMercantile Bank Corporation (NASDAQ:MBWM ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Nichole Kladder - First VP and Chief Marketing Officer Raymond Reitsma - P...