MBWM MERCANTILE BANK CORP
Financials · Russell 2000
Next earnings: Tue 19 Jan 2027 · estimated
What 7 analyst firms say about MERCANTILE BANK CORP: their latest ratings, price targets and how far the stock is from them. How it works
Analyst window: Latest analyst report within last 1 year
Analyst view · last 1Y
6 rated views · 7 analyst/firm records · 7 firms
Radar score
- Russell 2000 · Top Picks · 6MBelow the Radar threshold of 8023
- Russell 2000 · Safest consensus · 6MBelow the Radar threshold of 8049
Recent analyst activity · last 90 days
Our tracked history has 5 reports on MBWM from 4 analyst firms in the last 90 days (7 firms in the past year).
Comparing each firm's latest target with its previous one: 1 raised its price target and 1 left it unchanged.
No firm's latest available rating differs from its previous one.
Latest observed target change: Keefe Bruyette raised its target from $64.00 (set 22 Jul 2026) to $65.00 on 21 Oct 2026.
Last 1 year. Latest opinion per identifiable analyst within the last 1 year. BUY / HOLD / SELL each count one current analyst vote; unnamed firm records are a fallback.
| Firm | Analyst | Latest rating | Report date | Latest target (USD) |
|---|---|---|---|---|
| Hovde Group | Brendan Nosal | Hold | 22 Jul 2026 | 62.00 USD |
| Keefe Bruyette & Woods | Damon Delmonte | Buy | 21 Oct 2026 | 65.00 USD |
| Piper Sandler | Nathan J Race | Hold | 21 Oct 2026 | 65.00 USD · 22 Jul 2026 |
| Raymond James | Nicholas Holowko | Buy | 1 Sep 2026 | 65.00 USD |
| Stephens | Matt Breese | Hold | 6 Jul 2026 | 60.00 USD |
| Weiss Ratings | Unnamed analyst | — | 23 Oct 2026 | — |
| Data feed RESEARCH | Research Team | Hold | 4 Feb 2026 | — |
Partial coverage · checked 6 Nov (6 Nov 2026, 06:02 ET). Some research records could not be refreshed. Cached records retained. Prices stream live during the US session; otherwise stored prices delayed about 15 minutes. A summary of analyst opinion, not investment advice.