Mercantile Bank Corporati...

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48.01
-0.20 (-0.41%)
At close: Mar 03, 2025, 3:59 PM
48.09
0.17%
After-hours: Mar 03, 2025, 04:00 PM EST

Mercantile Bank Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MBWM stock have an median target of 55, with a low estimate of 53 and a high estimate of 57. The median target predicts an increase of 14.56% from the current stock price of 48.01.

Target Low Average Median High
Price $53 $55 $55 $57
Change 10.39% 14.56% 14.56% 18.73%

AI Analyst Report

Keefe, Bruyette & Woods reaffirmed an Outperform r... Unlock content with Pro Subscription

Updated Jul 17, 2024

Rating Apr 24Jul 24Dec 24Jan 25
Strong Buy 0000
Buy 1111
Hold 0100
Sell 0000
Strong Sell 0000
Total 1 2 1 1

Financial Forecast this Year

Revenue This Year
229.86M
from 217.99M
Increased by 5.4%
Revenue Next Year
237.35M
from 229.86M
Increased by 3.3%
EPS This Year
4.87
from 5.13
Increased by -5.1%
EPS Next Year
4.83
from 4.87
Increased by -0.8%