MBWM

NASDAQ · Banking

Mercantile Bank Corp

Small-Cap Stocks Bank & Financial Stocks Best Dividend Stocks Highest Dividend Yield

$60.03

+0.51 (+0.86%)

As of Sep 27, 10:20 PM ET ·

Analyst Consensus

Buy

Analysts

Moderate

Coverage

Buy 8 67%

Hold 4 33%

Sell 0 0%

Price Target

Analyst Price Target +10.8% upside

Low Target $41.17

Average Target $66.54

High Target $85.59

Current Price $60.03

Current
$60.03

Target
$66.54

$41.17 $66.54 avg $85.59

Scenario Analysis

Bear Case

$41.17

-31.4%

Low target

Base Case

$66.54

+10.8%

Avg target

Bull Case

$85.59

+42.6%

High target

Risk/Reward

1.4x

Balanced

Price in Context

52-Week High

$62.95

-4.6% from high

52-Week Low

$42.75

+40.4% from low

Target vs 52W High

$66.54

+5.7% vs high

Next Earnings Report

Oct 20, 2026

20d

until earnings

EPS Est: $1.38

Peer Consensus — Banking

Stock	Consensus	Analysts	Buy %	Target	Upside
HDB HDFC Bank Limited	Strong Buy	47	94%	—	+0.0%
IBN ICICI Bank Limited	Strong Buy	43	98%	—	+0.0%
JPM JPMorgan Chase & Co	Buy	30	60%	$335.70	-0.3%
BAC Bank of America Corp	Strong Buy	29	79%	$69.86	+25.9%
RY Royal Bank Of Canada	Strong Buy	24	75%	$402.35	+100.2%
TD Toronto-Dominion Bank	Buy	23	70%	$453.98	+279.7%
WFC Wells Fargo & Co	Buy	30	67%	$276.79	+242.5%
C Citigroup Inc	Strong Buy	28	79%	$90.41	-31.1%