MBWMMBWMFinancial Services · Banks - Regional

MBWM Stock Forecast: Mercantile Bank Corp. Price Predictions for 2026-2027

Last close, 3 Aug 2026
$61
+1.07% on the day

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.

Market cap
$1.0B
Ticker Nerd rank
72 / 100
Median analyst target
$64
Analysts covering
6
Total return, dividends reinvested
1W
+3.6%
1M
+5.0%
YTD
+28.1%
1Y
+40.9%
From 52W high
0.0%
From 52W low
+44.0%
$42
$61
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

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.

Where the model ranks itAs at 1 Aug 2026
72 / 100

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
Quality
81
Growth
71
Revisions
63
Value
62
Issuance
61
Volatility
55
Size
44
Accruals
19

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.

Wall Street

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.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$40$45$50$55$60$65Oct 25Jan 26Apr 26Jul 26MBWMHigh $65Median $64Low $60

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says6 analysts
2 Buy4 Hold0 Sell
Low $60Median $64High $65

The green dot is the last close — the median target sits +4.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
22 July 2026Hovde GroupDowngradeMarket Perform$62
22 July 2026Keefe, Bruyette & WoodsMaintainsOutperform$60$64
26 June 2026Piper SandlerMaintainsNeutral$57$60
26 June 2026Piper SandlerMaintainsNeutral
21 Jan 2026Keefe, Bruyette & WoodsMaintainsOutperform
7 Jan 2026Raymond JamesMaintainsOutperform
22 Oct 2025Raymond JamesReiteratesOutperform
24 July 2025Raymond JamesUpgradeOutperform
23 July 2025Keefe, Bruyette & WoodsMaintainsOutperform
23 July 2025Piper SandlerMaintainsNeutral
23 Apr 2025Piper SandlerMaintainsNeutral
22 Jan 2025Keefe, Bruyette & WoodsMaintainsOutperform
4 Dec 2024Keefe, Bruyette & WoodsMaintainsOutperform
17 July 2024Keefe, Bruyette & WoodsReiteratesOutperform
17 July 2024Piper SandlerMaintainsNeutral
17 Apr 2024Keefe, Bruyette & WoodsReiteratesOutperform
7 Mar 2023Piper SandlerUpgradeOverweight
18 Jan 2023Raymond JamesDowngradeMarket Perform
19 Oct 2022Raymond JamesMaintainsOutperform
6 Oct 2022Raymond JamesDowngradeOutperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

MBWM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+1.8%
Analysts raising
2
Analysts cutting
2
Fundamentals

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.

Valuation
Trailing P/E
10.6×

Cheaper than 58% of US stocks

Price / sales
3.9×

Cheaper than 32% of US stocks

Price / book
1.4×

Cheaper than 60% of US stocks

EV / EBITDA
Growth & margins
Revenue growth (YoY)
18.9%

Higher than 70% of US stocks

Earnings growth (YoY)
14.6%

Higher than 56% of US stocks

Gross margin
Operating margin
46.3%

Higher than 95% of US stocks

Net margin
36.1%

Higher than 93% of US stocks

Returns & dividend
Return on equity
13.7%

Higher than 72% of US stocks

Return on assets
1.5%

Higher than 55% of US stocks

Dividend yield
2.7%

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.

Peers

MBWM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBanks - Regional
CompanyMarket capTKN rank
MBWMMercantile Bank Corp.$1.0B
72
HBNCHorizon Bancorp, Inc. (Indiana)$1.0B
44
CCNECNB Financial Corp. (Pennsylvania)$1.0B
82
BFSTBusiness First Bancshares, Inc.$1.0B
63
MCBSMetroCity Bankshares, Inc.$1.0B
55
TRSTTrustCo Bank Corp. NY$1.0B
58
CPFCentral Pacific Financial Corp.$1.1B
91
Market Radar

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.

Free, every Monday. Unsubscribe any time.

FAQ

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.

Company

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