Mercantile Bank Corporation (MBWM) Stock Forecast
MBWM analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.33 / 5 from 6 analysts
- Price target
- $63.17 average of analyst targets
- Upside to target
- +7.8% from the latest close
- Next earnings
- October 20, 2026 EPS estimate $1.35
- 52-week range
- $43.28 – $62.14
MBWM analyst ratings
6 analystsNumber of analysts at each rating.
MBWM price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MBWM earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.35 | $1.32 | $1.37 | $1.46 | −7.8% | 6 |
| Current fiscal year (2026) | $5.68 | $5.57 | $5.77 | $5.47 | +3.8% | 6 |
| Next fiscal year (2027) | $5.75 | $5.47 | $5.95 | $5.68 | +1.2% | 6 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MBWM revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $70.8M | $69.9M | $71.6M | +13.5% | 5 |
| Current fiscal year (2026) | $278.8M | $277.6M | $281.4M | +14.9% | 5 |
| Next fiscal year (2027) | $295.9M | $293.0M | $301.2M | +6.1% | 5 |
MBWM EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MBWM revenue: reported and forecast
MBWM EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.40 | $1.36 | $1.35 | $1.35 | $1.35 | −3.6% | 0 up · 6 down |
| Current fiscal year (2026) | $5.59 | $5.69 | $5.68 | $5.68 | $5.68 | +1.6% | 5 up · 0 down |
| Next fiscal year (2027) | $5.89 | $5.74 | $5.75 | $5.75 | $5.75 | −2.5% | 0 up · 5 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MBWM earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MBWM beat in 12 of 12.
What analysts expect from MBWM
6 analysts cover Mercantile Bank; their consensus rating is hold (3.33 on a 1–5 scale, where 5 is a strong buy). The average price target is $63.17, 7.8% above the latest close of $58.61. Analysts expect earnings of $5.68 per share for 2026, +3.8% from a year earlier. For 2027 the average estimate is $5.75 per share on revenue of $295.9 million. Mercantile Bank beat the EPS estimate in 12 of the last 12 quarters.
Related: MBWM income statement, MBWM key metrics, MBWM chart. See the MBWM stock overview for the latest quote and news.
MBWM forecast FAQ
What is Mercantile Bank's price target?
The average analyst price target for Mercantile Bank is $63.17, 7.8% above the latest close of $58.61.
Is Mercantile Bank a buy, hold or sell?
Of 6 analysts covering Mercantile Bank, 0 rate it a strong buy, 2 a buy, 4 a hold, 0 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Mercantile Bank's EPS forecast?
Analysts forecast $5.68 per share for 2026 (range $5.57 to $5.77); for 2027 the estimate is $5.75.
What is Mercantile Bank's revenue forecast?
The average revenue estimate for 2026 is $278.8 million, growth of 14.9%; for 2027 it is $295.9 million.
When does Mercantile Bank report earnings?
Mercantile Bank is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 before the market opens; the EPS estimate is $1.35.
Does Mercantile Bank usually beat earnings estimates?
Mercantile Bank reported EPS at or above the analyst estimate in 12 of the last 12 quarters.