Mercantile Bank

Mercantile Bank (MBWM) last traded at $59.04, with a market cap of 1.01B, a price-to-earnings ratio of 10.27 and a dividend yield of 2.51%.

Today the stock has traded between $58.61 and $60.97. The current price is 0.7% above the day's low and 3.2% below its high.

Volume so far is 201.18K shares, above the average of 108.78K shares a day.

Over the past year Mercantile Bank has ranged from $42.88 to $62.95, and now sits 81% of the way up that range.

Mercantile Bank met or beat analyst EPS estimates in 8 of the last 8 quarters. In Q3 FY26 it reported $1.42 per share against an estimate of $1.37.

The average analyst price target is $64.43, 9.1% above the current price, from 4 recent ratings.

Beat the estimate in 8 of the last 8 quarters, by 5.6% on average.

1. Q4 FY24: reported $1.22 per share against an estimate of $1.17
2. Q1 FY25: reported $1.21 per share against an estimate of $1.21
3. Q2 FY25: reported $1.39 per share against an estimate of $1.27
4. Q3 FY25: reported $1.46 per share against an estimate of $1.40
5. Q4 FY25: reported $1.40 per share against an estimate of $1.36
6. Q1 FY26: reported $1.46 per share against an estimate of $1.34
7. Q2 FY26: reported $1.50 per share against an estimate of $1.35
8. Q3 FY26: reported $1.42 per share against an estimate of $1.37