WallStreetZenWallStreetZen

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

Open Broker Account

Analyst price target for MBWM

Based on 2 analysts offering 12 month price targets for Mercantile Bank Corp.
Min Forecast
$35.00+6.87%
Avg Forecast
$36.50+11.45%
Max Forecast
$38.00+16.03%

Should I buy or sell MBWM stock?

Based on 2 analysts offering ratings for Mercantile Bank Corp.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MBWM stock forecasts and price targets.

MBWM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 20%
81
BuyMaintains$38.00+16.03%2022-10-19
Raymond James
Bottom 9%
9
BuyDowngrades$35.00+6.87%2022-10-06

1 of 1

Forecast return on equity

Is MBWM forecast to generate an efficient return?
Company
16.2%
Industry
192.65%
Market
47.55%
MBWM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MBWM forecast to generate an efficient return on assets?
Company
1.34%
Industry
16.13%
MBWM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MBWM earnings per share forecast

What is MBWM's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.57+10.87%
Avg 2 year Forecast
$4.25+31.99%
MBWM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MBWM revenue forecast

What is MBWM's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$180.3M+1.93%
Avg 2 year Forecast
$207.4M+17.21%
MBWM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MBWM earnings growth forecast

How is MBWM forecast to perform vs Banks - Regional companies and vs the US market?
Company
10.87%
Industry
335.04%
Market
70.15%
MBWM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MBWM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MBWM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MBWM revenue growth forecast

How is MBWM forecast to perform vs Banks - Regional companies and vs the US market?
Company
1.93%
Industry
4.99%
Market
5.34%
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$32.75$36.50+11.45%Buy
SPFI$30.45$29.00-4.76%Strong Buy
BWB$18.74$18.00-3.95%Hold
CCNE$24.19$29.00+19.88%Strong Buy
HMST$28.23$41.50+47.01%Sell

Mercantile Bank Stock Forecast FAQ

Is Mercantile Bank Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: MBWM) stock is to Buy MBWM stock.

Out of 2 analysts, 0 (0%) are recommending MBWM as a Strong Buy, 2 (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 earnings growth forecast for 2022-2023?

(NASDAQ: MBWM) Mercantile Bank's forecast annual earnings growth rate of 10.87% is not forecast to beat the US Banks - Regional industry's average forecast earnings growth rate of 335.04%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 70.15%.

Mercantile Bank's earnings in 2022 is $50,898,000.On average, 3 Wall Street analysts forecast MBWM's earnings for 2022 to be $56,642,280, with the lowest MBWM earnings forecast at $54,579,676, and the highest MBWM earnings forecast at $58,546,223.

In 2023, MBWM is forecast to generate $67,431,286 in earnings, with the lowest earnings forecast at $64,734,035 and the highest earnings forecast at $69,493,890.

What is MBWM's revenue growth forecast for 2022-2023?

(NASDAQ: MBWM) Mercantile Bank's forecast annual revenue growth rate of 1.93% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 4.99%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.34%.

Mercantile Bank's revenue in 2022 is $176,925,000.On average, 3 Wall Street analysts forecast MBWM's revenue for 2022 to be $2,861,196,740, with the lowest MBWM revenue forecast at $2,836,873,878, and the highest MBWM revenue forecast at $2,887,645,670.

In 2023, MBWM is forecast to generate $3,290,107,319 in revenue, with the lowest revenue forecast at $3,255,741,162 and the highest revenue forecast at $3,331,898,850.

What is MBWM's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: MBWM) forecast ROA is 1.34%, which is lower than the forecast US Banks - Regional industry average of 16.13%.

What is MBWM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MBWM price target, the average MBWM price target is $36.50, with the highest MBWM stock price forecast at $38.00 and the lowest MBWM stock price forecast at $35.00.

On average, Wall Street analysts predict that Mercantile Bank's share price could reach $36.50 by Oct 19, 2023. The average Mercantile Bank stock price prediction forecasts a potential upside of 11.45% from the current MBWM share price of $32.75.

What is MBWM's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: MBWM) Mercantile Bank's current Earnings Per Share (EPS) is $3.22. On average, analysts forecast that MBWM's EPS will be $3.57 for 2022, with the lowest EPS forecast at $3.44, and the highest EPS forecast at $3.69. In 2023, MBWM's EPS is forecast to hit $4.25 (min: $4.08, max: $4.38).

What is MBWM's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: MBWM) forecast ROE is 16.2%, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.