Mercantile Bank Corporati...
44.70
1.24 (2.85%)
At close: Jan 15, 2025, 9:30 AM

Mercantile Bank Corporation Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MBWM stock have an median target of 54.5, with a low estimate of 53 and a high estimate of 56. The median target predicts an increase of 21.92% from the current stock price of 44.70.

Analyst Consensus: Buy
Target Low Average Median High
Price $53 $54.5 $54.5 $56
Change 18.57% 21.92% 21.92% 25.28%

AI Analyst Report

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

Updated Jul 17, 2024

Rating Apr 24Jul 24Dec 24
Strong Buy 000
Buy 111
Hold 010
Sell 000
Strong Sell 000
Total 1 2 1

Financial Forecast this Year

Revenue This Year
229.86M
from 217.99M
Increased by 5.4%
Revenue Next Year
231.67M
from 229.86M
Increased by 0.8%
EPS This Year
4.87
from 5.13
Increased by -5.1%
EPS Next Year
4.41
from 4.87
Increased by -9.4%