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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

Mercantile Bank Corporati... (MBWM)

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AI Score

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

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 24	Jul 24	Dec 24
Strong Buy	0	0	0
Buy	1	1	1
Hold	0	1	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	2	1

Financial Forecast this Year

Revenue This Year

229.86M

from 217.99M

5.4%

from 217.99M

Revenue Next Year

231.67M

from 229.86M

0.8%

from 229.86M

EPS This Year

4.87

from 5.13

-5.1%

from 5.13

EPS Next Year

4.41

from 4.87

-9.4%

from 4.87