39.89
price down icon0.18%   -0.07
after-market  After Hours:  39.88  -0.010   -0.03%
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Mercantile Bank Corp. Stock (MBWM) Forecast

The Mercantile Bank Corp. (MBWM) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $35.18, representing a -11.82% decrease from the current price of $39.89. The highest analyst price target is $36.06, and the lowest is $34.29.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MBWM Price Target
Average 31.55 (-20.90% Downside)
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Is Mercantile Bank Corp. (MBWM) A Buy Now?

Oscillators
Name Value Action
RSI(14) 66.68 Neutral
STOCH(9,6) 80.49 Sell
STOCHRSI(14) 91.55 Sell
MACD(12,26) 0.8896 Buy
ADX(14) 22.55 Neutral
William %R -9.7826 Sell
CCI(14) 80.31 Neutral
Buy: 1 Sell: 3 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
39.55
Buy
39.28
Buy
MA20
38.24
Buy
38.51
Buy
MA50
37.10
Buy
37.71
Buy
MA100
37.96
Buy
37.24
Buy
MA200
35.99
Buy
36.00
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, MBWM could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 3 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on MBWM, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 66.68 indicates that MBWM is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 80.49 indicates that MBWM is oversold. This means that MBWM price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 91.55 indicates that MBWM is oversold. This suggests that MBWM price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 22.55 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 80.31 indicates that MBWM is still overbought but not to an extreme extent.

Long-term MBWM price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Mercantile Bank Corp. financial reports and earnings history, Mercantile Bank Corp. (MBWM) stock could reach $40.91 by 2030, $42.85 by 2040 and $57.54 by 2050. See the projected annual prices until 2050 of the Mercantile Bank Corp. stock below:

  • Mercantile Bank Corp. (MBWM) is expected to reach an average price of $42.62 in 2035, with a high prediction of $44.72 and a low estimate of $39.19. This indicates an $6.85% rise from the last recorded price of $39.89.
  • Mercantile Bank Corp. (MBWM) stock is projected to chart a bullish course in 2040, with an average price target of $39.41, representing an $-1.20% surge from its current level. The forecast ranges from a conservative $38.41 to a sky-high $42.85.
  • Our analysts predict Mercantile Bank Corp. (MBWM) to jump 13.75% by 2045, soaring from $44.23 to an average price of $45.38, potentially reaching $49.39. While $44.23 is the low estimate, the potential upside is significant.
  • Mercantile Bank Corp. (MBWM) stock is expected to climb by 2050, reaching an average of $55.49, a $39.10% jump from its current level. However, a wide range of estimates exists, with high and low targets of $57.54 and $53.43, respectively, highlighting the market's uncertainty.

Mercantile Bank Corp. Stock (MBWM) Year by Year Forecast

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2024

Our forecast for MBWM stock price in 2024 now indicates an average price target of $38.07 with a high forecast of $42.82 and a low forecast of $33.32. The average prediction reflects an decrease of -4.56% from the last recorded price of $39.89.
Month Average Low High Change from today's price
June, 2024 $35.89 $34.29 $36.06 -10.02%
July, 2024 $37.59 $35.01 $37.75 -5.75%
August, 2024 $33.83 $33.72 $37.16 -15.20%
September, 2024 $36.74 $33.32 $37.65 -7.89%
October, 2024 $38.32 $35.13 $38.96 -3.93%
November, 2024 $39.83 $38.24 $40.13 -0.16%
December, 2024 $38.65 $37.94 $40.23 -3.11%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2025

Mercantile Bank Corp. Stock (MBWM) is expected to reach an average price of $30.77 in 2025, with a high prediction of $40.84 and a low estimate of $20.69. This indicates an -22.87% fall from the last recorded price of $39.89.
Month Average Low High Change from today's price
January, 2025 $39.63 $38.58 $40.84 -0.66%
February, 2025 $36.24 $36.20 $40.58 -9.15%
March, 2025 $31.97 $31.95 $37.78 -19.86%
April, 2025 $24.02 $22.46 $34.19 -39.79%
May, 2025 $24.96 $22.26 $27.14 -37.43%
June, 2025 $23.33 $22.71 $29.50 -41.51%
July, 2025 $25.58 $23.96 $29.54 -35.88%
August, 2025 $24.20 $23.13 $26.23 -39.32%
September, 2025 $26.25 $23.74 $26.76 -34.20%
October, 2025 $25.31 $24.25 $27.88 -36.54%
November, 2025 $21.62 $20.69 $25.15 -45.80%
December, 2025 $25.47 $21.45 $27.80 -36.16%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2026

The predicted value for Mercantile Bank Corp. (MBWM) in 2026 is set at an average of $31.51. Estimates vary from a peak of $38.10 to a trough of $24.92, indicating an -21.01% surge from the present price of $39.89.
Month Average Low High Change from today's price
January, 2026 $29.16 $24.92 $29.71 -26.90%
February, 2026 $30.10 $27.78 $30.96 -24.54%
March, 2026 $32.45 $29.77 $33.28 -18.65%
April, 2026 $33.17 $30.38 $33.77 -16.86%
May, 2026 $36.87 $32.80 $38.10 -7.57%
June, 2026 $35.77 $34.73 $37.68 -10.34%
July, 2026 $36.61 $34.64 $37.05 -8.22%
August, 2026 $35.68 $34.64 $36.64 -10.56%
September, 2026 $33.45 $32.16 $35.90 -16.14%
October, 2026 $36.26 $32.50 $36.61 -9.10%
November, 2026 $34.86 $34.41 $36.84 -12.60%
December, 2026 $35.72 $32.77 $36.65 -10.46%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Mercantile Bank Corp. (MBWM) is $38.76, with a high forecast of $43.70 and a low forecast of $33.82. This indicates an -2.84% decrease from the last price of $39.89.
Month Average Low High Change from today's price
January, 2027 $39.20 $35.80 $39.45 -1.72%
February, 2027 $39.56 $37.41 $41.01 -0.83%
March, 2027 $38.54 $36.23 $40.75 -3.40%
April, 2027 $41.39 $37.29 $41.64 +3.76%
May, 2027 $41.78 $40.80 $43.70 +4.75%
June, 2027 $40.41 $38.63 $42.81 +1.31%
July, 2027 $39.13 $38.90 $42.73 -1.92%
August, 2027 $37.41 $37.18 $39.75 -6.21%
September, 2027 $36.10 $33.82 $37.50 -9.51%
October, 2027 $34.96 $34.42 $37.26 -12.35%
November, 2027 $35.71 $34.24 $36.56 -10.49%
December, 2027 $39.87 $34.37 $42.76 -0.04%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2028

In 2028, Mercantile Bank Corp. (MBWM) is projected to reach an average price of $34.22, with a high projection of $40.76 and a low estimate of $27.68. This indicates an -14.21% fall from the last price of $39.89.
Month Average Low High Change from today's price
January, 2028 $36.72 $36.23 $40.59 -7.95%
February, 2028 $33.45 $33.00 $38.17 -16.14%
March, 2028 $38.70 $33.77 $38.93 -2.99%
April, 2028 $38.75 $36.85 $40.11 -2.85%
May, 2028 $37.53 $35.48 $38.98 -5.92%
June, 2028 $37.12 $36.32 $40.76 -6.93%
July, 2028 $38.53 $36.69 $39.32 -3.41%
August, 2028 $36.45 $35.53 $39.42 -8.63%
September, 2028 $32.77 $32.49 $36.64 -17.85%
October, 2028 $29.28 $27.80 $35.28 -26.61%
November, 2028 $32.36 $27.68 $32.36 -18.87%
December, 2028 $31.42 $30.75 $35.35 -21.24%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2029

The 2029 price forecast for Mercantile Bank Corp. Stock (MBWM) is $38.70 on average, with a high prediction of $46.66 and a low estimate of $30.75. This represents an -2.97% decrease from the previous price of $39.89.
Month Average Low High Change from today's price
January, 2029 $38.92 $30.75 $39.27 -2.42%
February, 2029 $37.03 $36.32 $40.54 -7.18%
March, 2029 $36.06 $35.92 $38.18 -9.59%
April, 2029 $34.38 $33.94 $36.07 -13.82%
May, 2029 $37.65 $34.29 $38.90 -5.61%
June, 2029 $40.07 $37.32 $40.90 +0.45%
July, 2029 $44.21 $39.48 $45.76 +10.84%
August, 2029 $43.93 $38.09 $46.66 +10.13%
September, 2029 $41.27 $39.94 $44.43 +3.47%
October, 2029 $40.74 $38.99 $43.55 +2.13%
November, 2029 $39.93 $37.32 $42.39 +0.09%
December, 2029 $40.99 $39.60 $41.75 +2.76%

Mercantile Bank Corp. Stock (MBWM) Price Forecast for 2030

Mercantile Bank Corp. Stock (MBWM) is expected to reach an average price of $35.11 in 2030, with a high forecast of $44.39 and a low forecast of $25.83. This signifies an -11.99% decrease from the last price of $39.89.
Month Average Low High Change from today's price
January, 2030 $39.03 $37.60 $40.91 -2.15%
February, 2030 $39.49 $38.49 $39.76 -1.01%
March, 2030 $39.57 $38.53 $41.27 -0.80%
April, 2030 $37.68 $36.84 $39.66 -5.54%
May, 2030 $39.95 $37.19 $41.18 +0.16%
June, 2030 $42.16 $38.66 $42.82 +5.70%
July, 2030 $42.27 $41.78 $43.76 +5.96%
August, 2030 $43.83 $41.48 $44.39 +9.87%
September, 2030 $42.30 $42.11 $44.04 +6.04%
October, 2030 $40.13 $39.75 $44.13 +0.61%
November, 2030 $30.17 $27.68 $40.46 -24.37%
December, 2030 $25.83 $25.83 $32.98 -35.25%
$5.45
price up icon 0.00%
banks_regional LYG
$2.82
price up icon 2.92%
banks_regional MFG
$4.06
price up icon 2.78%
banks_regional TFC
$39.97
price down icon 0.45%
banks_regional NU
$11.66
price down icon 0.43%
banks_regional PNC
$160.35
price down icon 0.34%
Cap:     |  Volume (24h):