Mercantile Bank Stock Forecast for 2023 - 2025 - 2030

Updated on 04/17/2024

Stock Rating
14
Price Target
$41.00
Consensus
Outperform
Upside
21.95%
Analysts
4
Stock Rating
14
Upside
21.95%
Analysts
4
Price Target
$41.00

Mercantile Bank Stock Forecast and Price Target

In recent months, four notable analysts have provided yearlong price targets for Mercantile Bank, with the average target coming in at $41.00. If it were to be achieved, this would result in a potential upside of approximately 21.95 percent from the most recent closing price in April, 2024. The high end is $47.00, and the low is $37.00. If you are interested in MBWM stock, it is important to also consider its competitors.

$41.00

21.95% Upside

Outperform
Outperform

Mercantile Bank Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Mercantile Bank's Price has decreased by 100.00%, from $26.85 to $0.00. In the next year, analysts believe that Fair Value will reach $41.73 – an increase of 100.00%. For the next seven years, the forecast is forFair Value to grow by 100.00%.

2024 Fair Value Forecast
$41.73
2025 Fair Value Forecast
$41.44
2026 Fair Value Forecast
$41.54
2027 Fair Value Forecast
$27.76
2028 Fair Value Forecast
$32.39
2029 Fair Value Forecast
$36.18
2030 Fair Value Forecast
$39.18
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AX Stock Forecast Axos Financial Outperform 12
$48.86 Buy/Sell $51.50 38.15%
PPBI Stock Forecast Pacific Premier Bancorp Outperform 14
$21.24 Buy/Sell $27.14 36.53%
FRME Stock Forecast First Merchants Outperform 12
$32.48 Buy/Sell $38.10 26.23%
PRK Stock Forecast Park National Hold 12
$124.75 Buy/Sell $119.00 4.21%
BUSE Stock Forecast First Busey Outperform 14
$21.90 Buy/Sell $27.00 27.85%

Mercantile Bank Revenue Forecast for 2023 - 2025 - 2030

Mercantile Bank's Revenue has seen growth In the last three years, going from $153.37M to $217.99M – a gain of 42.13% In the next year, analysts believe that Revenue will reach $218.61M – an increase of 0.28%. For the next eight years, the forecast is forRevenue to grow by 1.37%.

2024 Rev Forecast
$0.22B
2025 Rev Forecast
$0.22B
2025 Rev Forecast
$0.22B
2026 Rev Forecast
$0.22B
2027 Rev Forecast
$0.22B
2028 Rev Forecast
$0.22B
2029 Rev Forecast
$0.22B
2030 Rev Forecast
$0.22B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BFC Stock Forecast Bank First Hold 8
$76.28 Buy/Sell $100.00 12.09%
PFC Stock Forecast Premier Financial Outperform 13
$19.04 Buy/Sell $24.83 24.74%
FMCB Stock Forecast Farmers & Merchants Bancorp - 14
$970.54 Buy/Sell $0.00 -100.00%

Mercantile Bank Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Dividend per Share for Mercantile Bank has grown by 19.64%, going from $1.12 to $1.34. In the coming year, analysts are expecting an increase in Dividend per Share, predicting it will reach $1.40 – an increase of 4.48%. Over the next seven years, experts anticipate that Dividend per Share growth for Mercantile Bank will be 5.12%.

2024 DPS Forecast
$1.40
2025 DPS Forecast
$1.47
2026 DPS Forecast
$1.40
2027 DPS Forecast
$1.38
2028 DPS Forecast
$1.39
2029 DPS Forecast
$1.41
2030 DPS Forecast
$1.41
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CFB Stock Forecast CrossFirst Bankshares Outperform 12
$11.81 Buy/Sell $15.50 27.01%
HBIA Stock Forecast Hills Bancorporation - 14
$67.88 Buy/Sell $0.00 -100.00%
FMNB Stock Forecast Farmers National Banc Hold 14
$11.87 Buy/Sell $14.33 22.16%

Mercantile Bank Free Cash Flow Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SMBC Stock Forecast Southern Missouri Bancorp Outperform 14
$40.24 Buy/Sell $48.00 34.19%
LBC Stock Forecast Luther Burbank - 14
$9.15 Buy/Sell $11.00 -100.00%
MOFG Stock Forecast MidWestOne Financial Group Outperform 14
$19.78 Buy/Sell $24.00 36.50%

Mercantile Bank EBITDA Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MCBC Stock Forecast Macatawa Bank Outperform 14
$13.69 Buy/Sell $11.00 -8.69%
RBB Stock Forecast RBB Bancorp Hold 14
$16.65 Buy/Sell $19.50 17.12%
FBIZ Stock Forecast First Business Financial Servi... Outperform 14
$32.88 Buy/Sell $38.25 33.82%

Mercantile Bank EBIT Forecast for 2023 - 2025 - 2030

2024 EBIT Forecast
$0.10B
2024 EBIT Forecast
$0.10B
2025 EBIT Forecast
$0.10B
2025 EBIT Forecast
$0.10B
2026 EBIT Forecast
$0.10B
2027 EBIT Forecast
$0.10B
2028 EBIT Forecast
$0.10B
2029 EBIT Forecast
$0.10B
2030 EBIT Forecast
$0.10B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WTBA Stock Forecast West Bancorporation Hold 12
$15.80 Buy/Sell $17.00 13.92%
BMRC Stock Forecast Bank of Marin Bancorp Outperform 14
$15.00 Buy/Sell $21.80 40.00%
BSRR Stock Forecast Sierra Bancorp Outperform 8
$17.70 Buy/Sell $23.25 38.42%

Mercantile Bank EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Mercantile Bank's EPS has decreased by 100.00%, from $2.78 to $0.00. In the next year, analysts believe that EPS will reach $4.32 – an increase of 100.00%. For the next seven years, the forecast is forEPS to grow by 100.00%.

2024 EPS Forecast
$4.32
2025 EPS Forecast
$4.29
2026 EPS Forecast
$4.30
2027 EPS Forecast
$2.87
2028 EPS Forecast
$3.35
2029 EPS Forecast
$3.75
2030 EPS Forecast
$4.06
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
UNTY Stock Forecast Unity Bancorp Outperform 14
$26.28 Buy/Sell $30.67 29.38%
HMST Stock Forecast HomeStreet Hold 14
$12.33 Buy/Sell $8.50 27.74%
WSBF Stock Forecast Waterstone Financial - 11
$13.52 Buy/Sell $0.00 -100.00%