Mercantile Bank Future Growth

Future criteria checks 0/6

Mercantile Bank's earnings are forecast to decline at 8.8% per annum while its annual revenue is expected to grow at 2.1% per year. EPS is expected to decline by 9% per annum.

Key information

-8.8%

Earnings growth rate

-9.0%

EPS growth rate

Banks earnings growth	7.3%
Revenue growth rate	2.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	16 Apr 2024

Recent future growth updates

Mercantile Bank Corporation Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Apr 19

Earnings Update: Here's Why Analysts Just Lifted Their Mercantile Bank Corporation (NASDAQ:MBWM) Price Target To US$44.67

Jan 19

Recent updates

Mercantile Bank Corporation Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Apr 19

Mercantile Bank: A Fantastic Prospect For Investors To Bank On

Apr 14

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year

Jan 22

Earnings Update: Here's Why Analysts Just Lifted Their Mercantile Bank Corporation (NASDAQ:MBWM) Price Target To US$44.67

Jan 19

Mercantile Bank: Analysis Of Q4 2023 Earnings, Maintain Hold

Jan 19

Mercantile Bank (NASDAQ:MBWM) Will Pay A Larger Dividend Than Last Year At $0.34

Aug 28

Mercantile Bank (NASDAQ:MBWM) Has Announced That It Will Be Increasing Its Dividend To $0.34

Aug 14

Mercantile Bank (NASDAQ:MBWM) Will Pay A Larger Dividend Than Last Year At $0.34

Jul 21

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year

Apr 21

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.33

Jan 20

Mercantile Bank GAAP EPS of $1.01 beats by $0.03, revenue of $49.6M beats by $1.9M

Oct 18

Shareholders May Be A Little Conservative With Mercantile Bank Corporation's (NASDAQ:MBWM) CEO Compensation For Now

May 20

Mercantile Bank (NASDAQ:MBWM) Could Be A Buy For Its Upcoming Dividend

Feb 27

How Much Of Mercantile Bank Corporation (NASDAQ:MBWM) Do Insiders Own?

Feb 16

Shareholders Are Loving Mercantile Bank Corporation's (NASDAQ:MBWM) 3.9% Yield

Jan 21

Earnings and Revenue Growth Forecasts

NasdaqGS:MBWM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	229	71	N/A	N/A	3
12/31/2024	226	77	N/A	N/A	3
3/31/2024	220	83	N/A	N/A	N/A
12/31/2023	218	82	60	67	N/A
9/30/2023	217	84	104	111	N/A
6/30/2023	209	79	100	107	N/A
3/31/2023	198	71	105	110	N/A
12/31/2022	183	61	117	120	N/A
9/30/2022	178	51	125	128	N/A
6/30/2022	175	50	90	92	N/A
3/31/2022	182	56	90	94	N/A
12/31/2021	185	59	59	65	N/A
9/30/2021	179	61	35	41	N/A
6/30/2021	175	57	64	72	N/A
3/31/2021	160	48	39	46	N/A
12/31/2020	153	44	29	38	N/A
9/30/2020	146	43	29	41	N/A
6/30/2020	144	45	6	18	N/A
3/31/2020	147	48	19	33	N/A
12/31/2019	150	49	31	45	N/A
9/30/2019	146	48	37	47	N/A
6/30/2019	142	45	46	54	N/A
3/31/2019	139	43	44	51	N/A
12/31/2018	138	42	55	62	N/A
9/30/2018	134	38	42	49	N/A
6/30/2018	132	37	38	44	N/A
3/31/2018	130	35	38	44	N/A
12/31/2017	124	31	N/A	39	N/A
9/30/2017	123	31	N/A	37	N/A
6/30/2017	121	31	N/A	34	N/A
3/31/2017	121	31	N/A	33	N/A
12/31/2016	121	32	N/A	35	N/A
9/30/2016	120	30	N/A	33	N/A
6/30/2016	119	30	N/A	37	N/A
3/31/2016	119	29	N/A	38	N/A
12/31/2015	118	27	N/A	36	N/A
9/30/2015	118	27	N/A	32	N/A
6/30/2015	116	25	N/A	21	N/A
3/31/2015	105	20	N/A	22	N/A
12/31/2014	91	17	N/A	14	N/A
9/30/2014	79	16	N/A	15	N/A
6/30/2014	65	14	N/A	21	N/A
3/31/2014	61	16	N/A	26	N/A
12/31/2013	62	17	N/A	29	N/A
9/30/2013	58	15	N/A	32	N/A
6/30/2013	57	14	N/A	26	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MBWM's earnings are forecast to decline over the next 3 years (-8.8% per year).

Earnings vs Market: MBWM's earnings are forecast to decline over the next 3 years (-8.8% per year).

High Growth Earnings: MBWM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MBWM's revenue (2.1% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: MBWM's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MBWM's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Mercantile Bank Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Mercantile Bank Corporation Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Earnings Update: Here's Why Analysts Just Lifted Their Mercantile Bank Corporation (NASDAQ:MBWM) Price Target To US$44.67

Price target increased by 12% to US$44.67

Price target increased by 11% to US$42.33

Price target increased to US$41.00

Price target increased to US$36.25

Recent updates

Mercantile Bank Corporation Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

First quarter dividend of US$0.35 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Mercantile Bank Corporation Declares Regular Cash Dividend, Payable on June 19, 2024

Mercantile Bank: A Fantastic Prospect For Investors To Bank On

Mercantile Bank Corporation, Annual General Meeting, May 23, 2024

Mercantile Bank Corporation to Report Q1, 2024 Results on Apr 16, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.35 per share

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year

Earnings Update: Here's Why Analysts Just Lifted Their Mercantile Bank Corporation (NASDAQ:MBWM) Price Target To US$44.67

Mercantile Bank: Analysis Of Q4 2023 Earnings, Maintain Hold

Price target increased by 12% to US$44.67

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Mercantile Bank Corporation Declares Regular Quarterly Cash Dividend, Payable on March 13, 2024

Price target increased by 11% to US$42.33

Mercantile Bank Corporation to Report Fiscal Year 2023 Results on Jan 16, 2024

Upcoming dividend of US$0.34 per share at 3.9% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mercantile Bank Corporation Chief Executive Officer Changes, Effective June 1, 2024

Mercantile Bank Corporation Announces Board Appointments

Insufficient new directors

Mercantile Bank (NASDAQ:MBWM) Will Pay A Larger Dividend Than Last Year At $0.34

Upcoming dividend of US$0.34 per share at 4.1% yield

Mercantile Bank (NASDAQ:MBWM) Has Announced That It Will Be Increasing Its Dividend To $0.34

Investor sentiment improves as stock rises 15%

Mercantile Bank Corporation Announces Net Loan Charge-Offs for the Second Quarter Ended June 30, 2023

Mercantile Bank (NASDAQ:MBWM) Will Pay A Larger Dividend Than Last Year At $0.34

Mercantile Bank Corporation Declares Quarterly Dividend, Payable on September 13, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mercantile Bank Corporation to Report Q2, 2023 Results on Jul 18, 2023

Investor sentiment improves as stock rises 20%

Upcoming dividend of US$0.33 per share at 4.9% yield

Mercantile Bank Corporation, Annual General Meeting, May 25, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year

Senior VP recently sold US$86k worth of stock

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.33

Mercantile Bank Corporation Increases Regular Cash Dividend, Payable on March 15, 2023

Full year 2022 earnings released: EPS: US$3.85 (vs US$3.69 in FY 2021)

Mercantile Bank Corporation to Report Q4, 2022 Results on Jan 17, 2023

Mercantile Bank Corporation Appoints Members to Bank Board of Directors

Upcoming dividend of US$0.32 per share

Mercantile Bank Corporation Promotes Brett Hoover to the Role of Senior Vice President, Human Resources Director, Effective January 1, 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Mercantile Bank Corporation Declares Regular Cash Dividend Payable on December 14, 2022

Mercantile Bank GAAP EPS of $1.01 beats by $0.03, revenue of $49.6M beats by $1.9M

Upcoming dividend of US$0.32 per share

Independent Director recently bought US$110k worth of stock

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.32

Mercantile Bank Corporation Declares Regular Quarterly Cash Dividend, Payable on September 14, 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Mercantile Bank raises dividend by 3.2% to $0.32

Upcoming dividend of US$0.31 per share

Mercantile Bank Corporation and Mercantile Bank Announces Resignation of Michael H. Price as Member of the Audit, Governance and Nominating, and Compensation Committees

First quarter 2022 earnings: EPS and revenues miss analyst expectations

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Mercantile Bank Corporation Declares Regular Quarterly Cash Dividend, Payable on June 15, 2022

Mercantile Bank Corporation, Annual General Meeting, May 26, 2022

Mercantile Bank Corporation Announces the Retirement of Lonna L. Wiersma as Senior Vice President and Human Resource Director

Full year 2021 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.31 per share

Senior VP recently sold US$114k worth of stock

Full year 2021 earnings: EPS misses analyst expectations

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To US$0.31

Price target increased to US$41.00

Upcoming dividend of US$0.30 per share

Senior VP & Human Resource Director recently sold US$92k worth of stock