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Mercantile Bank (MBWM) Competitors

Mercantile Bank logo
$49.00 +0.67 (+1.39%)
(As of 10:31 AM ET)

MBWM vs. IBCP, BFST, HBT, FCBC, MCBS, BKU, BOH, SFNC, INDB, and HTLF

Should you be buying Mercantile Bank stock or one of its competitors? The main competitors of Mercantile Bank include Independent Bank (IBCP), Business First Bancshares (BFST), HBT Financial (HBT), First Community Bankshares (FCBC), MetroCity Bankshares (MCBS), BankUnited (BKU), Bank of Hawaii (BOH), Simmons First National (SFNC), Independent Bank (INDB), and Heartland Financial USA (HTLF). These companies are all part of the "finance" sector.

Mercantile Bank vs.

Mercantile Bank (NASDAQ:MBWM) and Independent Bank (NASDAQ:IBCP) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, valuation, profitability, media sentiment, risk, dividends, earnings and institutional ownership.

Mercantile Bank presently has a consensus price target of $52.00, suggesting a potential upside of 6.12%. Independent Bank has a consensus price target of $32.17, suggesting a potential downside of 13.90%. Given Mercantile Bank's stronger consensus rating and higher possible upside, research analysts plainly believe Mercantile Bank is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Independent Bank
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Mercantile Bank has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.

Mercantile Bank received 85 more outperform votes than Independent Bank when rated by MarketBeat users. Likewise, 58.82% of users gave Mercantile Bank an outperform vote while only 54.74% of users gave Independent Bank an outperform vote.

CompanyUnderperformOutperform
Mercantile BankOutperform Votes
310
58.82%
Underperform Votes
217
41.18%
Independent BankOutperform Votes
225
54.74%
Underperform Votes
186
45.26%

Mercantile Bank has higher revenue and earnings than Independent Bank. Mercantile Bank is trading at a lower price-to-earnings ratio than Independent Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercantile Bank$303.50M2.61$82.22M$4.989.84
Independent Bank$290.35M2.69$59.07M$2.9412.71

Mercantile Bank has a net margin of 22.77% compared to Independent Bank's net margin of 19.93%. Independent Bank's return on equity of 15.26% beat Mercantile Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank22.77% 14.59% 1.43%
Independent Bank 19.93%15.26%1.24%

58.6% of Mercantile Bank shares are held by institutional investors. Comparatively, 79.4% of Independent Bank shares are held by institutional investors. 3.1% of Mercantile Bank shares are held by company insiders. Comparatively, 5.5% of Independent Bank shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Mercantile Bank had 4 more articles in the media than Independent Bank. MarketBeat recorded 5 mentions for Mercantile Bank and 1 mentions for Independent Bank. Mercantile Bank's average media sentiment score of 1.05 beat Independent Bank's score of 0.84 indicating that Mercantile Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mercantile Bank
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Mercantile Bank pays an annual dividend of $1.44 per share and has a dividend yield of 2.9%. Independent Bank pays an annual dividend of $0.96 per share and has a dividend yield of 2.6%. Mercantile Bank pays out 28.9% of its earnings in the form of a dividend. Independent Bank pays out 32.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Mercantile Bank has raised its dividend for 13 consecutive years. Mercantile Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Mercantile Bank beats Independent Bank on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MBWM vs. The Competition

MetricMercantile BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$790.86M$3.02B$10.51B$8.80B
Dividend Yield2.97%3.51%10.13%4.07%
P/E Ratio9.8417.1546.2813.60
Price / Sales2.612.473,473.7987.40
Price / Cash8.3011.0830.6036.27
Price / Book1.361.254.086.33
Net Income$82.22M$405.80M$1.02B$225.93M
7 Day Performance-0.91%-0.67%0.04%-0.96%
1 Month Performance13.01%8.66%7.24%1.06%
1 Year Performance40.40%36.15%24.26%26.59%

Mercantile Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MBWM
Mercantile Bank
2.9482 of 5 stars
$49.00
+1.4%
$52.00
+6.1%
+35.1%$790.86M$303.50M9.84670Positive News
IBCP
Independent Bank
2.591 of 5 stars
$37.36
+0.8%
$32.17
-13.9%
+67.4%$780.45M$290.35M12.61741
BFST
Business First Bancshares
3.0191 of 5 stars
$27.82
+0.5%
$28.75
+3.3%
+33.0%$821.80M$389.97M11.93750
HBT
HBT Financial
2.8473 of 5 stars
$23.87
+1.1%
$24.40
+2.2%
+19.6%$753.34M$265.05M10.74730Positive News
Gap Down
FCBC
First Community Bankshares
3.7538 of 5 stars
$45.84
+1.4%
$38.00
-17.1%
+33.8%$838.41M$174.62M16.20591Positive News
MCBS
MetroCity Bankshares
3.5132 of 5 stars
$34.12
+2.1%
$34.00
-0.4%
+56.9%$864.26M$211.03M14.41220
BKU
BankUnited
3.5042 of 5 stars
$41.27
+0.7%
$37.40
-9.4%
+50.9%$3.08B$1.94B16.801,616Insider Trade
Short Interest ↓
BOH
Bank of Hawaii
3.263 of 5 stars
$77.15
+0.9%
$64.80
-16.0%
+34.5%$3.07B$986.98M22.951,899Short Interest ↓
Analyst Revision
SFNC
Simmons First National
4.0845 of 5 stars
$24.30
+0.8%
$23.00
-5.3%
+46.7%$3.05B$1.37B23.643,007
INDB
Independent Bank
4.1506 of 5 stars
$71.47
+0.9%
$69.50
-2.8%
+25.3%$3.04B$920.34M15.391,787Positive News
HTLF
Heartland Financial USA
4.3315 of 5 stars
$66.04
+1.9%
$45.60
-31.0%
+108.8%$2.83B$932.87M36.201,970

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This page (NASDAQ:MBWM) was last updated on 11/21/2024 by MarketBeat.com Staff
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