MBWM Stock Forecast: Mercantile Bank Corp. Price Predictions for 2026-2027
The 6 Wall Street analysts covering Mercantile Bank Corp. hold a median 12-month price target of $64 — +4.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 72 of 100 as at 1 Aug 2026 — in the upper half. Here, the model and the Street point the same way.
MBWM stock analysis: one number for the whole business
Consensus tells you what everyone already believes. The model scores Mercantile Bank Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Momentum (81): The shares have been drifting up relative to others.
Accruals (19): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
The rank is the raw material. Whether the rules would actually own Mercantile Bank Corp. — and when they’d sell — is the membership.
MBWM stock forecast 2026-2027: analyst price targets & predictions
The bullish and bearish analyst opinions on MBWM, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +4.6% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 22 July 2026 | Hovde Group | Downgrade | Market Perform | $62 |
| 22 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | $60 → $64 |
| 26 June 2026 | Piper Sandler | Maintains | Neutral | $57 → $60 |
| 26 June 2026 | Piper Sandler | Maintains | Neutral | — |
| 21 Jan 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 7 Jan 2026 | Raymond James | Maintains | Outperform | — |
| 22 Oct 2025 | Raymond James | Reiterates | Outperform | — |
| 24 July 2025 | Raymond James | Upgrade | Outperform | — |
| 23 July 2025 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 23 July 2025 | Piper Sandler | Maintains | Neutral | — |
| 23 Apr 2025 | Piper Sandler | Maintains | Neutral | — |
| 22 Jan 2025 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 4 Dec 2024 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 17 July 2024 | Keefe, Bruyette & Woods | Reiterates | Outperform | — |
| 17 July 2024 | Piper Sandler | Maintains | Neutral | — |
| 17 Apr 2024 | Keefe, Bruyette & Woods | Reiterates | Outperform | — |
| 7 Mar 2023 | Piper Sandler | Upgrade | Overweight | — |
| 18 Jan 2023 | Raymond James | Downgrade | Market Perform | — |
| 19 Oct 2022 | Raymond James | Maintains | Outperform | — |
| 6 Oct 2022 | Raymond James | Downgrade | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
MBWM analyst estimate revisions
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
Mercantile Bank Corp. (MBWM) financial data
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
- Trailing P/E
- 10.7×
- Price / sales
- 4.0×
- Price / book
- 1.4×
- EV / EBITDA
- —
Cheaper than 58% of US stocks
Cheaper than 31% of US stocks
Cheaper than 59% of US stocks
- Revenue growth (YoY)
- 18.9%
- Earnings growth (YoY)
- 14.6%
- Gross margin
- —
- Operating margin
- 45.6%
- Net margin
- 36.1%
Higher than 70% of US stocks
Higher than 56% of US stocks
Higher than 95% of US stocks
Higher than 93% of US stocks
- Return on equity
- 13.7%
- Return on assets
- 1.5%
- Dividend yield
- 2.6%
Higher than 72% of US stocks
Higher than 55% of US stocks
Higher than 58% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
MBWM vs competitors
The nearest names by industry and size, scored by the same model — like for like.
This page is one stock. Monday covers all of them.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MBWM appears on the weeks it earns a place.
Frequently asked questions about MBWM stock
What is the MBWM stock price forecast for 2026-2027?
The 6 Wall Street analysts covering Mercantile Bank Corp. have a median 12-month price target of $64, with estimates ranging from $60 to $65. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Is MBWM stock a buy right now?
Of the 6 analysts covering Mercantile Bank Corp., 2 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Mercantile Bank Corp. 72 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.
How does Ticker Nerd's model rank MBWM?
As at 1 Aug 2026, Mercantile Bank Corp. ranks 72 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (81 of 100).
Will MBWM stock go up?
No one can know that. What the data says: the median 12-month target from 6 analysts implies +4.6% from the last close, and Ticker Nerd's factor model ranks Mercantile Bank Corp. 72 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
What is the MBWM stock forecast for 2030?
No analyst covering Mercantile Bank Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MBWM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $60 to $65 over the next 12 months.
How has MBWM stock performed over the past year?
Mercantile Bank Corp. returned +40.9% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
What does Mercantile Bank Corp. do?
Mercantile Bank Corporation is a regional bank holding company providing a comprehensive range of banking products and services primarily in Michigan. Established to facilitate personal and business financial growth, the company offers traditional banking solutions such as checking and savings accounts, lending options, and investment services.
About Mercantile Bank Corp.
Mercantile Bank Corporation is a regional bank holding company providing a comprehensive range of banking products and services primarily in Michigan. Established to facilitate personal and business financial growth, the company offers traditional banking solutions such as checking and savings accounts, lending options, and investment services. They also provide treasury and wealth management services aimed at supporting both small to mid-sized businesses and individual clients. Highlighting community-focused banking, Mercantile Bank Corporation plays a pivotal role in local economic development by offering tailored loan products, including real estate financing and commercial loans. The bank's commitment to technological advancements is evident in its digital banking platform, which offers online and mobile banking services for enhanced customer convenience. By blending personalized customer service with modern banking solutions, Mercantile Bank Corporation has cemented its position as a cornerstone in the financial markets of its operational region, supporting local businesses and individuals in achieving their financial goals.
CEO Mr. Raymond E. Reitsma · 827 employees · United States · https://www.mercbank.com