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MBWM
Volume: 33.46K
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Mercantile Bank (MBWM) Stock Forecast & Price Target

Mercantile Bank (MBWM) Analyst Ratings

Based on 3 analyst ratings
Buy
Strong Buy 0%
Buy 67%
Hold 33%
Sell 0%
Strong Sell 0%

Bulls say

Mercantile Bank Corp has demonstrated solid growth in its End of Period (EOP) loans Held for Investment (HFI), increasing by 5% quarter-over-quarter, while average balances showed a notable 6% rise, suggesting strong demand for its lending products. The bank's Pre-Provision Net Revenue (PPNR) increased 5.4% quarterly to $27.6 million, fueled by robust fee income, particularly in mortgage banking, despite some pressure from net interest income and higher expenses. Additionally, the bank reported significant improvements in tangible book value and total common equity ratios, alongside a return on assets of 1.50%, reinforcing a positive trend in profitability and financial health.

Bears say

Mercantile Bank's net interest income (NII) of $49.5 million was 1% below consensus expectations, reflecting a slower than anticipated growth in average earning assets. The company's outlook indicates a potential 1% year-over-year decline in core fee income, alongside a projected slowdown in loan growth to the 1-2% range for the third quarter, attributed to expected payoffs and economic uncertainties. Furthermore, despite management's optimism regarding lending opportunities, the loan-to-deposit (L/D) ratio is expected to trend downward to 96% by the fourth quarter of 2026, suggesting potential liquidity challenges.

Mercantile Bank (MBWM) has been analyzed by 3 analysts, with a consensus rating of Buy. 0% of analysts recommend a Strong Buy, 67% recommend Buy, 33% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Mercantile Bank and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Mercantile Bank (MBWM) Forecast

Analysts have given Mercantile Bank (MBWM) a Buy based on their latest research and market trends.

According to 3 analysts, Mercantile Bank (MBWM) has a Buy consensus rating as of Nov 25, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $54.67, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $54.67, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Mercantile Bank (MBWM)

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