Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp
NASDAQ:MBWM
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Price: 54.8 USD 1.92%
Market Cap: $890.5m

Wall Street
Price Targets

MBWM Price Targets Summary
Mercantile Bank Corp

Wall Street analysts forecast MBWM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MBWM is 58.14 USD with a low forecast of 57.57 USD and a high forecast of 59.85 USD.

Lowest
Price Target
57.57 USD
5% Upside
Average
Price Target
58.14 USD
6% Upside
Highest
Price Target
59.85 USD
9% Upside
Mercantile Bank Corp Competitors:
Price Targets
TAYD
Taylor Devices Inc
-12% Downside
COCO
Vita Coco Company Inc
4% Upside
BFAM
Bright Horizons Family Solutions Inc
44% Upside
ONEE
One Enterprise PCL
10% Upside

Revenue
Forecast

11% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
11% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 14 years the compound annual growth rate for Mercantile Bank Corp's revenue is 11%. The projected CAGR for the next 2 years is 11%.

Net Income
Forecast

7% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat
7% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat

For the last 14 years the compound annual growth rate for Mercantile Bank Corp's net income is 7%. The projected CAGR for the next 2 years is 4%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MBWM's stock price target?
Price Target
58.14 USD

According to Wall Street analysts, the average 1-year price target for MBWM is 58.14 USD with a low forecast of 57.57 USD and a high forecast of 59.85 USD.

What is Mercantile Bank Corp's Revenue forecast?
Projected CAGR
11%

For the last 14 years the compound annual growth rate for Mercantile Bank Corp's revenue is 11%. The projected CAGR for the next 2 years is 11%.

What is Mercantile Bank Corp's Net Income forecast?
Projected CAGR
4%

For the last 14 years the compound annual growth rate for Mercantile Bank Corp's net income is 7%. The projected CAGR for the next 2 years is 4%.

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