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Mercantile Bank (MBWM) Competitors

Mercantile Bank logo
$44.53 +0.48 (+1.09%)
Closing price 08/8/2025 04:00 PM Eastern
Extended Trading
$44.56 +0.02 (+0.06%)
As of 08/8/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

MBWM vs. BUSE, CTBI, FRME, GSBC, IBCP, PEBO, STBA, TCBK, THFF, and WSBC

Should you be buying Mercantile Bank stock or one of its competitors? The main competitors of Mercantile Bank include First Busey (BUSE), Community Trust Bancorp (CTBI), First Merchants (FRME), Great Southern Bancorp (GSBC), Independent Bank (IBCP), Peoples Bancorp (PEBO), S&T Bancorp (STBA), TriCo Bancshares (TCBK), First Financial Corporation Indiana (THFF), and WesBanco (WSBC). These companies are all part of the "finance" sector.

Mercantile Bank vs. Its Competitors

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

First Busey presently has a consensus price target of $27.17, suggesting a potential upside of 21.82%. Mercantile Bank has a consensus price target of $55.25, suggesting a potential upside of 24.07%. Given Mercantile Bank's stronger consensus rating and higher probable upside, analysts clearly believe Mercantile Bank is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Mercantile Bank
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

56.5% of First Busey shares are owned by institutional investors. Comparatively, 58.6% of Mercantile Bank shares are owned by institutional investors. 3.9% of First Busey shares are owned by company insiders. Comparatively, 3.2% of Mercantile Bank shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$663.36M2.99$113.69M$1.1219.91
Mercantile Bank$361.89M2.00$79.59M$5.048.84

Mercantile Bank has a net margin of 22.11% compared to First Busey's net margin of 9.48%. Mercantile Bank's return on equity of 13.52% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey9.48% 8.76% 1.04%
Mercantile Bank 22.11%13.52%1.34%

First Busey pays an annual dividend of $1.00 per share and has a dividend yield of 4.5%. Mercantile Bank pays an annual dividend of $1.48 per share and has a dividend yield of 3.3%. First Busey pays out 89.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mercantile Bank pays out 29.4% of its earnings in the form of a dividend. First Busey has increased its dividend for 10 consecutive years and Mercantile Bank has increased its dividend for 14 consecutive years.

In the previous week, First Busey had 1 more articles in the media than Mercantile Bank. MarketBeat recorded 6 mentions for First Busey and 5 mentions for Mercantile Bank. Mercantile Bank's average media sentiment score of 1.35 beat First Busey's score of -0.47 indicating that Mercantile Bank is being referred to more favorably in the news media.

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

First Busey has a beta of 0.81, suggesting that its stock price is 19% less volatile than the S&P 500. Comparatively, Mercantile Bank has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

Summary

Mercantile Bank beats First Busey on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MBWM 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 BankBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$715.75M$2.40B$12.21B$9.61B
Dividend Yield3.36%3.82%5.65%4.14%
P/E Ratio8.8410.4719.6324.84
Price / Sales2.002.0926.2798.65
Price / Cash7.8910.1221.2858.36
Price / Book1.151.122.115.64
Net Income$79.59M$174.52M$1.00B$265.68M
7 Day Performance0.20%0.89%1.27%4.95%
1 Month Performance-9.79%-5.53%-0.02%0.83%
1 Year Performance7.22%9.50%540.35%22.18%

Mercantile Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MBWM
Mercantile Bank
4.322 of 5 stars
$44.53
+1.1%
$55.25
+24.1%
+4.9%$715.75M$361.89M8.84670Positive News
BUSE
First Busey
4.9111 of 5 stars
$22.31
+0.8%
$27.17
+21.8%
-10.5%$1.98B$663.36M19.921,548
CTBI
Community Trust Bancorp
4.4461 of 5 stars
$53.81
+1.3%
$59.50
+10.6%
+16.2%$961.87M$376.01M10.59980Positive News
FRME
First Merchants
4.9719 of 5 stars
$37.49
+1.0%
$46.20
+23.2%
+3.9%$2.16B$1.07B9.712,120Positive News
GSBC
Great Southern Bancorp
2.8783 of 5 stars
$56.17
+0.3%
$60.50
+7.7%
+1.7%$642.09M$355.26M9.571,108Positive News
IBCP
Independent Bank
4.1459 of 5 stars
$30.11
+0.1%
$36.00
+19.6%
-2.1%$623.49M$323.14M9.81920Positive News
Ex-Dividend
PEBO
Peoples Bancorp
4.3953 of 5 stars
$28.27
+0.4%
$35.25
+24.7%
-3.9%$1.00B$620.14M9.681,479
STBA
S&T Bancorp
4.5062 of 5 stars
$36.35
+1.7%
$42.00
+15.5%
-9.0%$1.37B$564.96M10.661,206Analyst Revision
TCBK
TriCo Bancshares
3.5318 of 5 stars
$40.95
+1.7%
$47.60
+16.2%
-2.1%$1.32B$531.04M12.041,201Positive News
THFF
First Financial Corporation Indiana
3.8364 of 5 stars
$53.23
+1.5%
$57.67
+8.3%
+30.5%$621.45M$307.51M10.18880Positive News
WSBC
WesBanco
4.9726 of 5 stars
$29.82
+1.1%
$38.83
+30.2%
-1.9%$2.82B$953.62M17.962,195

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This page (NASDAQ:MBWM) was last updated on 8/9/2025 by MarketBeat.com Staff
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