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MBWM Stock Forecast 2025-2026
$46.56
Current Price
$756.77M
Market Cap
Buy 3
Hold 2
Sell 0
Wall St Analyst Ratings
Distance to MBWM Price Targets
+20.3%
To High Target of $56.00
+11.7%
To Median Target of $52.00
+9.5%
To Low Target of $51.00
MBWM Price Momentum
+1.3%
1 Week Change
+3.2%
1 Month Change
-7.8%
1 Year Change
+4.7%
Year-to-Date Change
-10.3%
From 52W High of $51.89
+23.3%
From 52W Low of $37.76
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Did MBWM Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Mercantile Bank is one of their latest high-conviction picks.
Latest MBWM Stock Price Targets & Analyst Predictions
Based on our analysis of 7 Wall Street analysts, MBWM has a bullish consensus with a median price target of $52.00 (ranging from $51.00 to $56.00). The overall analyst rating is N/A (N/A/10). Currently trading at $46.56, the median forecast implies a 11.7% upside. This outlook is supported by 3 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Nathan Race at Piper Sandler, projecting a 20.3% upside. Conversely, the most conservative target is provided by Damon Delmonte at Keefe, Bruyette & Woods, suggesting a 9.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MBWM Analyst Ratings
3
Buy
2
Hold
0
Sell
MBWM Price Target Range
Low
$51.00
Average
$52.00
High
$56.00
Current: $46.56
Latest MBWM Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MBWM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Oct 22, 2025 | Raymond James | Daniel Tamayo | Outperform | Reiterates | $52.00 |
| Jul 24, 2025 | Raymond James | Daniel Tamayo | Outperform | Upgrade | $55.00 |
| Jul 23, 2025 | Piper Sandler | Nathan Race | Neutral | Maintains | $56.00 |
| Jul 23, 2025 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $56.00 |
| Apr 23, 2025 | Piper Sandler | Brandan Nosal | Neutral | Maintains | $47.50 |
| Jan 22, 2025 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $57.00 |
| Dec 4, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $56.00 |
| Jul 17, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Reiterates | $51.00 |
| Jul 17, 2024 | Piper Sandler | Brandan Nosal | Neutral | Maintains | $53.00 |
| Apr 17, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Reiterates | $47.00 |
| Mar 7, 2023 | Piper Sandler | Brandan Nosal | Overweight | Upgrade | $40.00 |
| Jan 18, 2023 | Raymond James | Daniel Tamayo | Market Perform | Downgrade | $N/A |
| Oct 19, 2022 | Raymond James | Daniel Tamayo | Outperform | Maintains | $38.00 |
| Oct 6, 2022 | Raymond James | David Long | Outperform | Downgrade | $35.00 |
| Mar 2, 2022 | Raymond James | Daniel Tamayo | Strong Buy | Upgrade | $44.00 |
| Jan 19, 2022 | Raymond James | Outperform | Upgrade | $N/A | |
| Sep 29, 2020 | Piper Sandler | Neutral | Maintains | $20.00 | |
| Jul 18, 2018 | Keefe Bruyette & Woods | Outperform | Maintains | $N/A | |
| Jul 18, 2018 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $41.00 |
| Mar 1, 2018 | Keefe Bruyette & Woods | Outperform | Upgrade | $N/A |
Mercantile Bank Corporation (MBWM) Competitors
The following stocks are similar to Mercantile Bank based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Mercantile Bank Corporation (MBWM) Financial Data
Mercantile Bank Corporation has a market capitalization of $756.77M with a P/E ratio of 8.8x. The company generates $233.71M in trailing twelve-month revenue with a 36.6% profit margin.
Revenue growth is +9.4% quarter-over-quarter, while maintaining an operating margin of +45.6% and return on equity of +13.8%.
Valuation Metrics
Market Cap
$756.77M
Enterprise Value
$1.02B
P/E Ratio
8.8x
PEG Ratio
0.4x
Price/Sales
3.2x
Growth & Margins
Revenue Growth (YoY)
+9.4%
Gross Margin
N/A
Operating Margin
+45.6%
Net Margin
+36.6%
EPS Growth
+21.1%
Financial Health
Cash/Price Ratio
+66.4%
Current Ratio
N/A
Debt/Equity
1.2x
ROE
+13.8%
ROA
+1.4%
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Mercantile Bank Corporation (MBWM) Business Model
About Mercantile Bank Corporation
What They Do
Regional bank offering diverse financial services.
Business Model
The company operates as a regional bank holding firm, generating revenue through a variety of banking products and services, including deposits, loans, and investment management. It focuses on serving small to mid-sized businesses and individual clients in Michigan, with a particular emphasis on community development and personalized service.
Additional Information
Mercantile Bank Corporation is dedicated to technological innovation, featuring a robust digital banking platform that enhances customer access to services. This commitment to modern banking solutions, combined with its community-oriented approach, positions the bank as a key player in local economic growth.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
683
CEO
Mr. Raymond E. Reitsma
Country
United States
IPO Year
1999
Website
www.mercbank.comMercantile Bank Corporation (MBWM) Latest News & Analysis
Latest News
Quick Summary
Community banks are seeing expanded margins due to fixed-rate asset repricing, with stable credit quality reported across most regional banks despite slight funding cost increases.
Why It Matters
Expanded margins indicate stronger profitability for community banks, while stable credit quality suggests lower risk. This positive outlook can attract investor interest in regional bank stocks.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Mercantile Bank Corporation will hold its Q3 2025 earnings call on October 21, 2025, at 10:00 AM EDT, featuring key executives and analysts from various firms.
Why It Matters
The Q3 earnings call provides insights into Mercantile Bank's financial performance, guiding investor expectations and influencing stock price and investment decisions.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Mercantile Bank Corporation (NASDAQ: MBWM) declared a quarterly cash dividend of $0.38 per share, with a 3.4% annual yield. Payment is set for December 17, 2025, to shareholders on record by December 5, 2025.
Why It Matters
The declared dividend of $0.38 per share, yielding 3.4%, signals financial health and commitment to returning value to shareholders, potentially attracting income-focused investors.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Mercantile Bank Corporation reported Q3 2025 net income of $23.8 million ($1.46 per share), up from $19.6 million ($1.22 per share) in Q3 2024, driven by net interest income growth and strong asset quality.
Why It Matters
Mercantile Bank's increase in net income and strong asset quality metrics indicate financial health, potentially attracting investors seeking growth and stability in the banking sector.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Mercantile Bank (MBWM) reported its quarterly performance for September 2025. Key metrics can be compared to Wall Street estimates and the same quarter from the previous year.
Why It Matters
Comparing Mercantile Bank's quarterly performance against Wall Street estimates and prior year results provides insight into growth, profitability, and market expectations, impacting stock valuation.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Mercantile Bank (MBWM) reported Q3 earnings of $1.46 per share, surpassing the Zacks estimate of $1.38 and up from $1.22 per share year-over-year.
Why It Matters
Mercantile Bank's earnings beat expectations and show year-over-year growth, indicating strong financial health and potential for future stock appreciation.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About MBWM Stock
What is Mercantile Bank Corporation's (MBWM) stock forecast for 2026?
Based on our analysis of 7 Wall Street analysts, Mercantile Bank Corporation (MBWM) has a median price target of $52.00. The highest price target is $56.00 and the lowest is $51.00.
Is MBWM stock a good investment in 2026?
According to current analyst ratings, MBWM has 3 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $46.56. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MBWM stock?
Wall Street analysts predict MBWM stock could reach $52.00 in the next 12 months. This represents a 11.7% increase from the current price of $46.56. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Mercantile Bank Corporation's business model?
The company operates as a regional bank holding firm, generating revenue through a variety of banking products and services, including deposits, loans, and investment management. It focuses on serving small to mid-sized businesses and individual clients in Michigan, with a particular emphasis on community development and personalized service.
What is the highest forecasted price for MBWM Mercantile Bank Corporation?
The highest price target for MBWM is $56.00 from Nathan Race at Piper Sandler, which represents a 20.3% increase from the current price of $46.56.
What is the lowest forecasted price for MBWM Mercantile Bank Corporation?
The lowest price target for MBWM is $51.00 from Damon Delmonte at Keefe, Bruyette & Woods, which represents a 9.5% increase from the current price of $46.56.
What is the overall MBWM consensus from analysts for Mercantile Bank Corporation?
The overall analyst consensus for MBWM is bullish. Out of 7 Wall Street analysts, 3 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $52.00.
How accurate are MBWM stock price projections?
Stock price projections, including those for Mercantile Bank Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: December 7, 2025 5:57 PM UTC