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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 demonstrated robust performance with an end-of-period (EOP) loan growth held for investment (HFI) of 5%, slightly exceeding expectations, while average balances increased by 6%, indicating strong demand for its lending services. The company's pre-provision net revenue (PPNR) rose by 5.4% quarter-over-quarter to $27.6 million, driven by an increase in fee income, which highlights effective revenue generation strategies despite some challenges in net interest income (NII). Additionally, EOP deposits saw a 2% increase, fueled by higher brokered deposits, reflecting a solid funding base amidst a competitive banking environment.

Bears say

Mercantile Bank Corp reported a net interest income (NII) of $49.5 million, which was 1% below consensus estimates, indicating lower-than-expected growth in average earning assets (AEAs) and a decline in core fee income by 1% year-over-year. The bank experienced a slight expansion in net interest margin (NIM) to 3.49%, yet this figure fell short of projections, signaling challenges in maintaining profitability amid economic uncertainty. Additionally, although lending commitments remain robust at $437 million, management anticipates a slowdown in loan growth guidance for the upcoming quarters, exacerbated by expected payoffs and uncertain market conditions.

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 Oct 14, 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 $55.67, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $55.67, 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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