Mercantile Bank Corporation Forecast, price target & analysts
Mercantile Bank Corporation Target price 2025 - Analyst rating & recommendation
Mercantile Bank Corporation Classifications & Recommendation:
Mercantile Bank Corporation Price Target
| Target Price | $57.12 |
| Price | $46.48 |
| Potential |
22.89%
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|
| Number of Estimates | 7 |
|
7 Analysts have issued a price target Mercantile Bank Corporation 2026 .
The average Mercantile Bank Corporation target price is $57.12.
This is
22.89%
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$59.85
28.77%
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$54.54
17.34%
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|
|
| A rating was issued by 11 analysts: 8 Analysts recommend Mercantile Bank Corporation to buy, 3 to hold and 0 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
|
Analyst Estimates: Analysts believe that the Mercantile Bank Corporation stock has an average upside potential 2026 of
22.89%
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|
Sales and Margin forecast 2025, 2026 & 2027
| Dec '24 |
2025 Estimates |
|
|---|---|---|
| Revenue Million $ | 231.48 | 247.24 |
| 2.57% | 6.81% | |
| Net Margin | 34.38% | 32.96% |
| 5.62% | 4.14% |
6 Analysts have issued a sales forecast Mercantile Bank Corporation 2025 . The average Mercantile Bank Corporation sales estimate is
This results in the following potential growth metrics:
7 Mercantile Bank Corporation Analysts have issued a net profit forecast 2025. The average Mercantile Bank Corporation net profit estimate is
This results in the following potential growth metrics and future Net Margins:
Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 & 2027
| Dec '24 |
2025 Estimates |
|
|---|---|---|
| Earnings Per Share $ | 4.93 | 5.02 |
| 3.90% | 1.83% | |
| P/E | 9.27 | |
| EV/Sales | 4.60 |
7 Analysts have issued a Mercantile Bank Corporation forecast for earnings per share. The average Mercantile Bank Corporation EPS is
This results in the following potential growth metrics and future valuations:
Mercantile Bank Corporation...
Current Mercantile Bank Corporation Upgrades & Downgrades
| Analyst | Rating | Action | Date |
|---|---|---|---|
| Raymond James |
Locked
➜
Locked
|
Locked | Jul 24 2025 |
| Keefe, Bruyette & Woods |
Locked
➜
Locked
|
Locked | Jul 23 2025 |
| Piper Sandler |
Locked
➜
Locked
|
Locked | Jul 23 2025 |
| Piper Sandler |
Locked
➜
Locked
|
Locked | Apr 23 2025 |
| Keefe, Bruyette & Woods |
Locked
➜
Locked
|
Locked | Jan 22 2025 |
| Keefe, Bruyette & Woods |
Locked
➜
Locked
|
Locked | Dec 04 2024 |
| Analyst Rating | Date |
|---|---|
|
Locked
Raymond James:
Locked
➜
Locked
|
Jul 24 2025 |
|
Locked
Keefe, Bruyette & Woods:
Locked
➜
Locked
|
Jul 23 2025 |
|
Locked
Piper Sandler:
Locked
➜
Locked
|
Jul 23 2025 |
|
Locked
Piper Sandler:
Locked
➜
Locked
|
Apr 23 2025 |
|
Locked
Keefe, Bruyette & Woods:
Locked
➜
Locked
|
Jan 22 2025 |
|
Locked
Keefe, Bruyette & Woods:
Locked
➜
Locked
|
Dec 04 2024 |
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