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Mercantile Bank (MBWM) Competitors

Mercantile Bank logo
$51.98 -0.03 (-0.05%)
As of 01:52 PM Eastern
This is a fair market value price provided by Massive. Learn more.

MBWM vs. BUSE, CTBI, FRME, HOPE, and IBCP

Should you buy Mercantile Bank stock or one of its competitors? MarketBeat compares Mercantile Bank with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Mercantile Bank include First Busey (BUSE), Community Trust Bancorp (CTBI), First Merchants (FRME), Hope Bancorp (HOPE), and Independent Bank (IBCP). These companies are all part of the "finance" sector.

How does Mercantile Bank compare to First Busey?

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

In the previous week, First Busey had 2 more articles in the media than Mercantile Bank. MarketBeat recorded 4 mentions for First Busey and 2 mentions for Mercantile Bank. First Busey's average media sentiment score of 0.74 beat Mercantile Bank's score of 0.34 indicating that First Busey is being referred to more favorably in the news media.

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

58.6% of Mercantile Bank shares are held by institutional investors. Comparatively, 56.5% of First Busey shares are held by institutional investors. 2.5% of Mercantile Bank shares are held by company insiders. Comparatively, 3.8% of First Busey shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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
Mercantile Bank$371.80M2.41$88.75M$5.579.33
First Busey$790.86M2.85$135.26M$2.2511.86

Mercantile Bank currently has a consensus price target of $56.20, suggesting a potential upside of 8.11%. First Busey has a consensus price target of $27.50, suggesting a potential upside of 3.05%. Given Mercantile Bank's 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
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
First Busey
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

Mercantile Bank has a beta of 0.81, indicating that its stock price is 19% less volatile than the broader market. Comparatively, First Busey has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market.

Mercantile Bank has a net margin of 24.19% compared to First Busey's net margin of 19.16%. Mercantile Bank's return on equity of 13.73% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.19% 13.73% 1.44%
First Busey 19.16%10.19%1.36%

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 3.0%. First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.9%. Mercantile Bank pays out 28.0% of its earnings in the form of a dividend. First Busey pays out 46.2% 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 14 consecutive years and First Busey has raised its dividend for 10 consecutive years.

Summary

Mercantile Bank beats First Busey on 9 of the 17 factors compared between the two stocks.

How does Mercantile Bank compare to Community Trust Bancorp?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercantile Bank$371.80M2.41$88.75M$5.579.33
Community Trust Bancorp$409.34M2.95$98.06M$5.7111.63

58.6% of Mercantile Bank shares are owned by institutional investors. Comparatively, 60.2% of Community Trust Bancorp shares are owned by institutional investors. 2.5% of Mercantile Bank shares are owned by company insiders. Comparatively, 2.6% of Community Trust Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Community Trust Bancorp has a net margin of 24.85% compared to Mercantile Bank's net margin of 24.19%. Mercantile Bank's return on equity of 13.73% beat Community Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.19% 13.73% 1.44%
Community Trust Bancorp 24.85%12.27%1.56%

Mercantile Bank has a beta of 0.81, indicating that its share price is 19% less volatile than the broader market. Comparatively, Community Trust Bancorp has a beta of 0.55, indicating that its share price is 45% less volatile than the broader market.

In the previous week, Mercantile Bank and Mercantile Bank both had 2 articles in the media. Community Trust Bancorp's average media sentiment score of 1.05 beat Mercantile Bank's score of 0.34 indicating that Community Trust Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mercantile Bank
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Community Trust Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Mercantile Bank presently has a consensus price target of $56.20, indicating a potential upside of 8.11%. Community Trust Bancorp has a consensus price target of $63.50, indicating a potential downside of 4.37%. Given Mercantile Bank's higher probable upside, equities analysts plainly believe Mercantile Bank is more favorable than Community Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Community Trust Bancorp
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.50

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 3.0%. Community Trust Bancorp pays an annual dividend of $2.12 per share and has a dividend yield of 3.2%. Mercantile Bank pays out 28.0% of its earnings in the form of a dividend. Community Trust Bancorp pays out 37.1% 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 14 consecutive years and Community Trust Bancorp has raised its dividend for 44 consecutive years. Community Trust Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Community Trust Bancorp beats Mercantile Bank on 14 of the 19 factors compared between the two stocks.

How does Mercantile Bank compare to First Merchants?

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

First Merchants currently has a consensus target price of $48.33, indicating a potential upside of 20.58%. Mercantile Bank has a consensus target price of $56.20, indicating a potential upside of 8.11%. Given First Merchants' higher possible upside, equities research analysts plainly believe First Merchants is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

73.9% of First Merchants shares are held by institutional investors. Comparatively, 58.6% of Mercantile Bank shares are held by institutional investors. 1.8% of First Merchants shares are held by insiders. Comparatively, 2.5% of Mercantile Bank shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

First Merchants has a beta of 0.86, indicating that its share price is 14% less volatile than the broader market. Comparatively, Mercantile Bank has a beta of 0.81, indicating that its share price is 19% less volatile than the broader market.

First Merchants pays an annual dividend of $1.44 per share and has a dividend yield of 3.6%. Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 3.0%. First Merchants pays out 42.4% of its earnings in the form of a dividend. Mercantile Bank pays out 28.0% 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. First Merchants has increased its dividend for 13 consecutive years and Mercantile Bank has increased its dividend for 14 consecutive years.

Mercantile Bank has a net margin of 24.19% compared to First Merchants' net margin of 18.87%. Mercantile Bank's return on equity of 13.73% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants18.87% 9.58% 1.21%
Mercantile Bank 24.19%13.73%1.44%

In the previous week, First Merchants had 6 more articles in the media than Mercantile Bank. MarketBeat recorded 8 mentions for First Merchants and 2 mentions for Mercantile Bank. Mercantile Bank's average media sentiment score of 0.34 beat First Merchants' score of 0.18 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 Merchants
0 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Mercantile Bank
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$1.05B2.40$226M$3.4011.79
Mercantile Bank$371.80M2.41$88.75M$5.579.33

Summary

Mercantile Bank beats First Merchants on 11 of the 19 factors compared between the two stocks.

How does Mercantile Bank compare to Hope Bancorp?

Mercantile Bank (NASDAQ:MBWM) and Hope Bancorp (NASDAQ:HOPE) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, profitability, risk, valuation, earnings, analyst recommendations and media sentiment.

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 3.0%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.5%. Mercantile Bank pays out 28.0% of its earnings in the form of a dividend. Hope Bancorp pays out 107.7% 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 has increased its dividend for 14 consecutive years.

58.6% of Mercantile Bank shares are held by institutional investors. Comparatively, 84.0% of Hope Bancorp shares are held by institutional investors. 2.5% of Mercantile Bank shares are held by insiders. Comparatively, 2.3% of Hope Bancorp shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Mercantile Bank has a beta of 0.81, meaning that its share price is 19% less volatile than the broader market. Comparatively, Hope Bancorp has a beta of 0.84, meaning that its share price is 16% less volatile than the broader market.

In the previous week, Mercantile Bank and Mercantile Bank both had 2 articles in the media. Hope Bancorp's average media sentiment score of 1.46 beat Mercantile Bank's score of 0.34 indicating that Hope Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mercantile Bank
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hope Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Mercantile Bank has a net margin of 24.19% compared to Hope Bancorp's net margin of 6.56%. Mercantile Bank's return on equity of 13.73% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.19% 13.73% 1.44%
Hope Bancorp 6.56%5.32%0.65%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercantile Bank$371.80M2.41$88.75M$5.579.33
Hope Bancorp$967.63M1.64$61.59M$0.5223.84

Mercantile Bank currently has a consensus price target of $56.20, indicating a potential upside of 8.11%. Hope Bancorp has a consensus price target of $14.50, indicating a potential upside of 16.98%. Given Hope Bancorp's higher possible upside, analysts plainly believe Hope Bancorp is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Mercantile Bank beats Hope Bancorp on 11 of the 18 factors compared between the two stocks.

How does Mercantile Bank compare to Independent Bank?

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

In the previous week, Mercantile Bank had 1 more articles in the media than Independent Bank. MarketBeat recorded 2 mentions for Mercantile Bank and 1 mentions for Independent Bank. Mercantile Bank's average media sentiment score of 0.34 beat Independent Bank's score of 0.00 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
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Independent Bank
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 3.0%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.3%. Mercantile Bank pays out 28.0% of its earnings in the form of a dividend. Independent Bank pays out 33.4% 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 14 consecutive years and Independent Bank has raised its dividend for 11 consecutive years.

Mercantile Bank has a net margin of 24.19% compared to Independent Bank's net margin of 22.02%. Independent Bank's return on equity of 14.15% beat Mercantile Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.19% 13.73% 1.44%
Independent Bank 22.02%14.15%1.27%

Mercantile Bank currently has a consensus price target of $56.20, suggesting a potential upside of 8.11%. Independent Bank has a consensus price target of $37.00, suggesting a potential upside of 9.40%. Given Independent Bank's higher probable upside, analysts plainly believe Independent Bank is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

58.6% of Mercantile Bank shares are owned by institutional investors. Comparatively, 79.4% of Independent Bank shares are owned by institutional investors. 2.5% of Mercantile Bank shares are owned by insiders. Comparatively, 5.9% of Independent Bank shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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$371.80M2.41$88.75M$5.579.33
Independent Bank$315.38M2.21$68.54M$3.3510.10

Mercantile Bank has a beta of 0.81, suggesting that its share price is 19% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.71, suggesting that its share price is 29% less volatile than the broader market.

Summary

Mercantile Bank beats Independent Bank on 13 of the 19 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$897.87M$2.81B$13.48B$12.21B
Dividend Yield3.06%3.40%5.88%5.36%
P/E Ratio9.3310.5523.9225.32
Price / Sales2.412.54160.5871.95
Price / Cash9.2510.5419.8555.00
Price / Book1.221.212.126.97
Net Income$88.75M$217.16M$1.13B$334.92M
7 Day Performance1.73%0.84%-0.38%-0.98%
1 Month Performance1.08%1.70%-0.51%0.43%
1 Year Performance16.79%21.12%11.28%33.61%

Mercantile Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MBWM
Mercantile Bank
3.1132 of 5 stars
$51.98
0.0%
$56.20
+8.1%
+13.1%$897.87M$371.80M9.33670
BUSE
First Busey
4.2855 of 5 stars
$25.74
-2.0%
$27.50
+6.8%
+19.1%$2.18B$1.04B11.441,948
CTBI
Community Trust Bancorp
3.9275 of 5 stars
$63.87
-1.9%
$63.50
-0.6%
+25.9%$1.16B$409.34M11.21980
FRME
First Merchants
4.8122 of 5 stars
$39.38
-1.3%
$48.33
+22.7%
+2.4%$2.48B$1.05B11.592,086
HOPE
Hope Bancorp
4.7973 of 5 stars
$11.86
-2.3%
$14.50
+22.3%
+18.5%$1.52B$967.63M22.821,434

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This page (NASDAQ:MBWM) was last updated on 5/21/2026 by MarketBeat.com Staff.
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