MBWM - Mercantile Bank - Stock Forecast

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

MBWM is currently covered by 4 analysts with an average price target of $59.14. This is a potential upside of $0.53 (0.9%) from yesterday's end of day stock price of $58.61.

Mercantile Bank's activity chart (see below) currently has 35 price targets and 34 ratings on display. The stock rating distribution of MBWM is 81.82% BUY and 18.18% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 95.37% with an average time for these price targets to be met of 652.78 days.

Highest price target for MBWM is $64, Lowest price target is $54, average price target is $59.14.

Most recent stock forecast was given by DAMON DELMONTE from STIFEL on 22-Jul-2026. First documented stock forecast 06-Jul-2017.

Best performing analysts who are covering MBWM - Mercantile Bank:

Kevin Reevey Damon Delmonte Daniel Tamayo Brendan Nosal Nathan Race

Currently out of the existing stock ratings of MBWM, 9 are a BUY (81.82%), 2 are a HOLD (18.18%).

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

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date of last PT

Price targets met ratio

Average potential upside

Average Days to Hit Target

Performance score

Buy Since 17-Apr-2024

$64

$6.22 (10.76%)

$60

2 months 24 days ago
(22-Jul-2026)

11/12 (91.67%)

$6.57 (11.44%)

727

Buy Since 18-Dec-2025

$62

$4.22 (7.30%)

$62

2 months 24 days ago
(22-Jul-2026)

7/7 (100%)

$4.57 (7.96%)

235

Hold Since 17-Jul-2024

$60

$2.91 (5.10%)

$56

3 months 20 days ago
(26-Jun-2026)

2/3 (66.67%)

$2.91 (5.10%)

445

Buy Since 22-Oct-2025

$57

$-0.78 (-1.35%)

$54

8 months 25 days ago
(21-Jan-2026)

8/8 (100%)

$4.59 (8.76%)

423

Buy Since 28-Sep-2017

$35

$-22.78 (-39.43%)

$35

9 years 18 days ago
(28-Sep-2017)

3/3 (100%)

$9.88 (39.33%)

2301

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

On average it took 653 days for the stock forecasts to be reached, with an average price target met ratio of 95.37%.

Which analyst most recently updated their price target on MBWM (Mercantile Bank)?

Damon Delmonte

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

NATHAN RACE

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

Damon Delmonte works at STIFEL and has 13 price targets and 7 ratings on MBWM

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

Damon Delmonte with the highest potential upside of $6.22

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

Kevin Reevey with the lowest potential downside of -$22.78
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