Analyst Price Targets — MBWM
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| January 21, 2026 11:34 am | — | Piper Sandler | $57.00 | $50.63 | TheFly | Mercantile Bank price target raised to $57 from $55.50 at Piper Sandler |
| January 21, 2026 9:27 am | Daniel Tamayo | Raymond James | $57.00 | $50.63 | StreetInsider | Mercantile Bank Corporation (MBWM) PT Raised to $57 at Raymond James |
| January 8, 2026 12:01 pm | — | Piper Sandler | $55.50 | $48.75 | TheFly | Mercantile Bank price target raised to $55.50 from $55 at Piper Sandler |
| January 7, 2026 10:51 am | Daniel Tamayo | Raymond James | $54.00 | $48.76 | TheFly | Mercantile Bank price target raised to $54 from $52 at Raymond James |
| October 22, 2025 11:38 am | — | Raymond James | $52.00 | $44.91 | TheFly | Mercantile Bank price target lowered to $52 from $55 at Raymond James |
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Latest News for MBWM

Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $48.63 and traded as high as $52.07. Mercantile Bank shares last traded at $51.53, with a volume of 121,375 shares traded. Analysts Set New Price Targets

GRAND RAPIDS, Mich., March 31, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven analysts that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month

GRAND RAPIDS, Mich., March 17, 2026 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") has been recognized by Crain's Grand Rapids Business with a 2026 M&A Award for Deal of the Year in the Finance and Banking category.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?
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