Mercantile Bank Corporation (MBWM) — Analyst outlook / Analyst consensus target is. Based on 7 analyst ratings, the consensus is bullish — 5 Buy, 2 Hold.
The consensus price target is $57.00, representing an upside of 6.5% from the current price $53.53.
Analysts estimate Earnings Per Share (EPS) of $4.87 and revenue of $0.23B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $4.93 vs est $4.87 (beat +1.3%). 2025: actual $5.46 vs est $5.40 (beat +1.1%). Analyst accuracy: 99%.
MBWM Stock — 12-Month Price Forecast
$57.00
▲ +6.48% Upside
Average Price Target
Based on 7 Wall Street analysts offering 12-month price targets for Mercantile Bank Corporation, the price target is $57.00.
The average price target represents a +6.48% change from the last price of $53.53.
MBWM Analyst Ratings
Buy
Based on 7 analysts giving stock ratings to Mercantile Bank Corporation in the past 3 months
EPS Estimates — MBWM
99%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $4.93
vs Est $4.87
▲ 1.3% off
2025
Actual $5.46
vs Est $5.40
▲ 1.1% off
Profitability Outlook
Strong profitability with high earnings per share. EPS trend is improving.
Revenue Estimates — MBWM
64%
Analyst Accuracy
Fair
2 years compared
Actual vs Estimate
2024
Actual $0.362B
vs Est $0.230B
▲ 36.5% off
2025
Actual $0.372B
vs Est $0.243B
▲ 34.7% off
Revenue Trend
Revenue has been relatively flat. Analysts forecast revenue contraction ahead.
