Analyst · Mercantile Bank Corporation (MBWM) | Ratings, Price Targets & Consensus

Analyst Consensus

Buy8 analysts

Buy

Updated Aug 24, 2026

Total Analysts8

Buy

5

Hold

3

Ratings

Updated Aug 24, 2026

Overall Rating

B+

DCF Score5.0 / 5

Debt / Equity Score2.0 / 5

Price / Book Score2.0 / 5

Price / Earnings Score3.0 / 5

ROA Score3.0 / 5

ROE Score4.0 / 5

Valuation

Current Stock Price

$59.61

Median Target-3.02%

$57.81

Potential downside vs current price

DCF Value+131.74%

$138.14

Potential upside vs current price

Current Stock Price

$59.61

Median Target-3.02%

$57.81

Potential downside vs current price

DCF Value+131.74%

$138.14

Potential upside vs current price

Analyst Consensus

Buy8 analysts

Buy

Updated Aug 24, 2026

Total Analysts8

Buy

5

Hold

3

Ratings

Updated Aug 24, 2026

Overall Rating

B+

DCF Score5.0 / 5

Debt / Equity Score2.0 / 5

Price / Book Score2.0 / 5

Price / Earnings Score3.0 / 5

ROA Score3.0 / 5

ROE Score4.0 / 5

Valuation

Current Stock Price

$59.61

Median Target-3.02%

$57.81

Potential downside vs current price

DCF Value+131.74%

$138.14

Potential upside vs current price

Current Stock Price

$59.61

Median Target-3.02%

$57.81

Potential downside vs current price

DCF Value+131.74%

$138.14

Potential upside vs current price