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NASDAQ: MBWM
Mercantile Bank Corp Stock Forecast, Predictions & Price Target

Analyst price target for MBWM

Based on 1 analyst offering 12 month price targets for Mercantile Bank Corp.
Min Forecast
$47.00+27.41%
Avg Forecast
$47.00+27.41%
Max Forecast
$47.00+27.41%

Should I buy or sell MBWM stock?

Based on 1 analyst offering ratings for Mercantile Bank Corp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MBWM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-17

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Forecast return on equity

Is MBWM forecast to generate an efficient return?

Forecast return on assets

Is MBWM forecast to generate an efficient return on assets?

MBWM revenue forecast

What is MBWM's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$226.7M+3.97%
Avg 2 year Forecast
$227.1M+4.16%
MBWM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MBWM revenue growth forecast

How is MBWM forecast to perform vs Banks - Regional companies and vs the US market?
Company
3.97%
Industry
5.66%
Market
13.23%
MBWM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MBWM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MBWM vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
MBWM$36.89$47.00+27.41%Buy
UVSP$20.00$19.00-5.00%Hold
HBT$18.99$21.50+13.22%Strong Sell
NBBK$14.19$17.00+19.80%Strong Buy
MCBS$24.33$28.00+15.08%Hold

Mercantile Bank Stock Forecast FAQ

Is Mercantile Bank Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MBWM) stock is to Buy MBWM stock.

Out of 1 analyst, 0 (0%) are recommending MBWM as a Strong Buy, 1 (100%) are recommending MBWM as a Buy, 0 (0%) are recommending MBWM as a Hold, 0 (0%) are recommending MBWM as a Sell, and 0 (0%) are recommending MBWM as a Strong Sell.

If you're new to stock investing, here's how to buy Mercantile Bank stock.

What is MBWM's revenue growth forecast for 2024-2025?

(NASDAQ: MBWM) Mercantile Bank's forecast annual revenue growth rate of 3.97% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 5.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.23%.

Mercantile Bank's revenue in 2024 is $217,988,000.On average, 2 Wall Street analysts forecast MBWM's revenue for 2024 to be $3,652,832,376, with the lowest MBWM revenue forecast at $3,631,074,937, and the highest MBWM revenue forecast at $3,674,589,816.

In 2025, MBWM is forecast to generate $3,659,279,025 in revenue, with the lowest revenue forecast at $3,611,734,990 and the highest revenue forecast at $3,706,823,060.

What is MBWM's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MBWM) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.31%.

What is MBWM's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MBWM price target, the average MBWM price target is $47.00, with the highest MBWM stock price forecast at $47.00 and the lowest MBWM stock price forecast at $47.00.

The Wall Street analyst predicted that Mercantile Bank's share price could reach $47.00 by Apr 17, 2025. The average Mercantile Bank stock price prediction forecasts a potential upside of 27.41% from the current MBWM share price of $36.89.

What is MBWM's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MBWM) forecast ROE is N/A, which is considered weak.
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