Yahoo · Oct 26, 2026
Mercantile Bank (MBWM) Upgraded to Buy: Here's Why
Mercantile Bank (MBWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
MB
NYSE · MBWM
Mercantile Bank Corporation
Financial Services · Banks - Regional
$60.36
Down-$0.84 (-1.37%)
Updated Nov 4, 2026, 5:02 AM
SID Score
6.3/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 804.88M
- P/E ratio
- 9.4
- Dividend yield
- 2.49%
- 52-week range
- $43.00 – $62.95
- Volume
- 95.48K
- Avg. volume
- 62.56K
Price performance · MBWM
MBWM price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Nov 3, 2026
MBWM closed at $60.36 after 21 trading sessions, up 2.60% for the selected period.
- Last close
- $60.36
- Period change
- +2.60%
- Period low
- $57.69
- Period high
- $61.20
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 3, 2026 | $61.46 | $61.46 | $60.12 | $60.36 | 95.48K |
| Nov 2, 2026 | $60.06 | $61.53 | $59.94 | $61.20 | 109.55K |
| Oct 30, 2026 | $60.95 | $61.29 | $59.67 | $59.81 | 114.38K |
| Oct 29, 2026 | $61.02 | $61.79 | $60.52 | $60.65 | 84.4K |
| Oct 28, 2026 | $60.68 | $61.3199 | $59.63 | $60.33 | 122.82K |
| Oct 27, 2026 | $61.47 | $61.80 | $60.25 | $60.68 | 80.79K |
| Oct 26, 2026 | $61.14 | $61.75 | $60.8601 | $61.15 | 97.73K |
| Oct 23, 2026 | $60.09 | $61.49 | $59.56 | $61.09 | 179.92K |
| Oct 22, 2026 | $58.90 | $60.82 | $58.90 | $60.42 | 150.87K |
| Oct 21, 2026 | $59.04 | $59.77 | $58.35 | $58.71 | 161.3K |
| Oct 20, 2026 | $59.90 | $60.965 | $58.61 | $59.04 | 201.16K |
| Oct 19, 2026 | $58.65 | $58.96 | $58.25 | $58.42 | 126.82K |
| Oct 16, 2026 | $58.58 | $59.55 | $58.58 | $58.61 | 118.9K |
| Oct 15, 2026 | $58.06 | $58.82 | $57.87 | $58.32 | 98.61K |
| Oct 14, 2026 | $57.30 | $58.24 | $57.00 | $57.69 | 149.99K |
| Oct 13, 2026 | $58.63 | $58.79 | $57.70 | $58.03 | 83.42K |
| Oct 12, 2026 | $57.78 | $58.66 | $57.74 | $58.29 | 94.94K |
| Oct 9, 2026 | $58.01 | $58.19 | $57.70 | $57.78 | 132.76K |
| Oct 8, 2026 | $57.87 | $58.88 | $57.75 | $58.20 | 146.31K |
| Oct 7, 2026 | $58.18 | $59.50 | $57.65 | $58.03 | 111.36K |
| Oct 6, 2026 | $59.36 | $59.60 | $58.7872 | $58.83 | 85.28K |
Latest MBWM news
The latest Smart Investors Daily articles mentioning MBWM.
Stock researchCompany · Overview
Company
Market Activity
Research & News
MBWM research
Overview
Company profile and research snapshot.
Company profile
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $52.00
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 21, 2026 | Keefe, Bruyette & Woods | Outperform | — |
| Jul 22, 2026 | Hovde Group | Market Perform | — |
| Jul 22, 2026 | Keefe, Bruyette & Woods | Outperform | — |
| Jun 26, 2026 | Piper Sandler | Neutral | — |
| Jan 21, 2026 | Keefe, Bruyette & Woods | Outperform | — |
News briefing
No generated briefing is available yet.
SeekingAlpha · Oct 23, 2026
Mercantile Bank Corporation 2026 Q3 - Results - Earnings Call Presentation
Yahoo · Oct 22, 2026
Mercantile Bank (MBWM) Q3 Earnings Spotlight Margin Gains And Cost Pressure
Mercantile Bank shares were up about 3% in Thursday trading, a confident move for a lender that just posted Q3 2026 earnings slightly below last quarter’s per share profit but ahead on the metric that matters most for banks right now. Net interest margin, the spread Mercantile earns on loans and securities after funding costs, came in at 3.73%. That is where the real story sits. Short term traders are reacting to the headline beat on interest income. Long term investors are weighing whether a...
Yahoo · Oct 20, 2026
Mercantile Bank: 3 Key Takeaways for Long-Term Investors
A regional bank's ability to hold margins steady depends less on Fed policy than on disciplined funding decisions.
AI research layers
Interpretive context generated from the platform’s current data sources.
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