MBWM - Mercantile Bank - Stock Forecast

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

MBWM is currently covered by 3 analysts with an average price target of $57.57. This is a potential upside of $7.76 (15.58%) from yesterday's end of day stock price of $49.81.

Mercantile Bank's activity chart (see below) currently has 24 price targets and 20 ratings on display. The stock rating distribution of MBWM is 83.33% BUY and 16.67% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 76.04% with an average time for these price targets to be met of 1241 days.

Highest price target for MBWM is $56, Lowest price target is $52, average price target is $54.

Most recent stock forecast was given by DANIEL TAMAYO from RAYMOND JAMES on 22-Oct-2025. First documented stock forecast 06-Jul-2017.

Split History since 2000:

4/19/07 105 for 100

7/14/05 105 for 100

4/14/04 105 for 100

1/15/03 105 for 100

1/16/02 105 for 100

1/17/01 105 for 100

Best performing analysts who are covering MBWM - Mercantile Bank:

Damon Delmonte Kevin Reevey Daniel Tamayo Brendan Nosal

Currently out of the existing stock ratings of MBWM, 5 are a BUY (83.33%), 1 are a HOLD (16.67%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Days to Hit Target

Performance score

Buy

$52

$6.02 (13.09%)

$55

1 months 24 days ago
(22-Oct-2025)

4/6 (66.67%)

$6.74 (14.89%)

658

Buy

$56

$10.02 (21.79%)

$53

4 months 23 days ago
(23-Jul-2025)

3/8 (37.5%)

$7.47 (15.39%)

1660

Buy

$34

$-10.89 (-24.26%)

$40

2 years 7 months 27 days ago
(19-Apr-2023)

2/2 (100%)

$7.69 (29.23%)

351

Hold

$35

$-10.98 (-23.88%)

$35

8 years 2 months 18 days ago
(28-Sep-2017)

3/3 (100%)

$9.13 (35.29%)

2295

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What is MBWM (Mercantile Bank) average time for price targets to be met?

On average it took 1241 days on average for the stock forecasts to be realized with a an average price target met ratio 76.04

Which analyst has the current highest performing score on MBWM (Mercantile Bank) with a proven track record?

DAMON DELMONTE

Which analyst has the current lower performing score on MBWM (Mercantile Bank) with a proven track record?

BRENDAN NOSAL

Which analyst has the most public recommendations on MBWM (Mercantile Bank)?

Damon Delmonte works at STIFEL and has 5 price targets and 3 ratings on MBWM

Which analyst is the currently most bullish on MBWM (Mercantile Bank)?

Damon Delmonte with highest potential upside - $10.02

Which analyst is the currently most reserved on MBWM (Mercantile Bank)?

Kevin Reevey with lowest potential downside - -$10.98

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