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Analyst Price Targets — MBWM

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DateAnalystFirmTargetPrice @ PostSourceHeadline
September 1, 2026 8:19 pmRaymond James$65.00$59.14TheFly Mercantile Bank assumed with an Outperform at Raymond James
July 22, 2026 10:56 amPiper Sandler$65.00$59.68TheFly Mercantile Bank price target raised to $65 from $60 at Piper Sandler
July 22, 2026 10:02 amBrendan NosalHovde Group$62.00$59.68TheFly Mercantile Bank downgraded to Market Perform from Outperform at Hovde Group
June 26, 2026 11:52 amNathan RacePiper Sandler$60.00$56.27TheFly Mercantile Bank price target raised to $60 from $57 at Piper Sandler
January 21, 2026 11:34 amPiper Sandler$57.00$50.63TheFly Mercantile Bank price target raised to $57 from $55.50 at Piper Sandler
January 21, 2026 9:27 amDaniel TamayoRaymond James$57.00$50.63StreetInsider Mercantile Bank Corporation (MBWM) PT Raised to $57 at Raymond James
January 8, 2026 12:01 pmPiper Sandler$55.50$48.75TheFly Mercantile Bank price target raised to $55.50 from $55 at Piper Sandler
January 7, 2026 10:51 amDaniel TamayoRaymond James$54.00$48.76TheFly Mercantile Bank price target raised to $54 from $52 at Raymond James
October 22, 2025 11:38 amRaymond James$52.00$44.91TheFly Mercantile Bank price target lowered to $52 from $55 at Raymond James

Latest News for MBWM

Mercantile Bank Q2 Earnings Call Highlights

Mercantile Bank NASDAQ: MBWM reported higher second-quarter earnings and said its year-end 2025 acquisition of Eastern Michigan contributed to stronger deposits, improved liquidity and a stable net interest margin.

MarketBeat • Jul 21, 2026
Mercantile Bank (MBWM) Surpasses Q2 Earnings Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago.

Zacks Investment Research • Jul 21, 2026
Mercantile Bank Corporation Announces Strong Second Quarter 2026 Results

Net interest income expansion, strong commercial loan growth, and sustained strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $25.9 million, or $1.50 per diluted share, for the second quarter of 2026, compared with net income of $22.6 million, or $1.39 per…

PRNewsWire • Jul 21, 2026

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