NasdaqGS - Nasdaq Real Time Price USD

Mercantile Bank Corporation (MBWM)

45.57
+0.93
+(2.08%)
As of 12:36:37 PM EDT. Market Open.

Research Analysis

Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 57.25M
Earnings 19.54M

Q2'24

Q3'24

Q4'24

Q1'25

0
20M
40M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

47.50
50.12 Average
45.57 Current
53.00 High

Earnings Estimate

Currency in USD Current Qtr. (Jun 2025)Next Qtr. (Sep 2025)Current Year (2025)Next Year (2026)
No. of Analysts 4444
Avg. Estimate 1.251.254.925.07
Low Estimate 1.231.24.84.92
High Estimate 1.311.325.175.23
Year Ago EPS 1.171.224.934.92

Revenue Estimate

Currency in USD Current Qtr. (Jun 2025)Next Qtr. (Sep 2025)Current Year (2025)Next Year (2026)
No. of Analysts 4443
Avg. Estimate 60.02M61.12M239.17M253.2M
Low Estimate 59.59M60.3M236.87M251.1M
High Estimate 60.3M62M241M256.5M
Year Ago Sales 56.75M57.96M231.47M239.17M
Sales Growth (year/est) 5.76%5.45%3.32%5.87%

Earnings History

Currency in USD 6/30/2024 9/30/2024 12/31/2024 3/31/2025
EPS Est. 1.161.171.141.18
EPS Actual 1.171.221.221.21
Difference 0.010.050.080.03
Surprise % 0.86%4.10%6.64%2.20%

EPS Trend

Currency in USD Current Qtr. (Jun 2025)Next Qtr. (Sep 2025)Current Year (2025)Next Year (2026)
Current Estimate 1.251.254.925.07
7 Days Ago 1.21.244.834.95
30 Days Ago 1.21.244.835.01
60 Days Ago 1.21.244.835.01
90 Days Ago 1.21.244.835.01

EPS Revisions

Currency in USD Current Qtr. (Jun 2025)Next Qtr. (Sep 2025)Current Year (2025)Next Year (2026)
Up Last 7 Days 2213
Up Last 30 Days 2213
Down Last 7 Days --21--
Down Last 30 Days --21--

Growth Estimates

Current Qtr.Next Qtr.Current YearNext Year
MBWM 7.26%2.66%-0.15%2.95%
S&P 500 13.13%2.45%7.54%14.08%

Upgrades & Downgrades

Maintains Piper Sandler: Neutral to Neutral 4/23/2025
Maintains Keefe, Bruyette & Woods: Outperform to Outperform 1/22/2025
Maintains Keefe, Bruyette & Woods: Outperform to Outperform 12/4/2024
Reiterates Keefe, Bruyette & Woods: Outperform to Outperform 7/17/2024
Maintains Piper Sandler: Neutral to Neutral 7/17/2024
Reiterates Keefe, Bruyette & Woods: Outperform to Outperform 4/17/2024

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