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Mercantile Bank (MBWM) Competitors

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$59.65 -1.05 (-1.73%)
As of 02:01 PM Eastern
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MBWM vs. BUSE, CTBI, FMBH, FRME, and HOPE

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 Mid Bancshares (FMBH), First Merchants (FRME), and Hope Bancorp (HOPE). These companies are all part of the "regional banks" industry.

How does Mercantile Bank compare to First Busey?

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

First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.4%. Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. First Busey pays out 43.0% of its earnings in the form of a dividend. Mercantile Bank pays out 27.5% 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 Busey has increased its dividend for 10 consecutive years and Mercantile Bank has increased its dividend for 14 consecutive years.

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$1.04B2.49$135.26M$2.4212.70
Mercantile Bank$371.80M2.77$88.75M$5.6810.50

First Busey has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market. Comparatively, Mercantile Bank has a beta of 0.79, indicating that its stock price is 21% less volatile than the broader market.

First Busey currently has a consensus price target of $32.00, suggesting a potential upside of 4.14%. Mercantile Bank has a consensus price target of $60.40, suggesting a potential upside of 1.26%. Given First Busey's stronger consensus rating and higher probable upside, analysts clearly believe First Busey is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
Mercantile Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

Mercantile Bank has a net margin of 24.75% compared to First Busey's net margin of 21.00%. Mercantile Bank's return on equity of 13.66% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey21.00% 10.42% 1.41%
Mercantile Bank 24.75%13.66%1.46%

56.5% of First Busey shares are held by institutional investors. Comparatively, 58.6% of Mercantile Bank shares are held by institutional investors. 3.8% of First Busey shares are held by company insiders. Comparatively, 2.5% of Mercantile Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, First Busey had 5 more articles in the media than Mercantile Bank. MarketBeat recorded 6 mentions for First Busey and 1 mentions for Mercantile Bank. First Busey's average media sentiment score of 0.96 beat Mercantile Bank's score of 0.59 indicating that First Busey is being referred to more favorably in the media.

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

Summary

First Busey beats Mercantile Bank on 11 of the 20 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 superior investment? We will contrast the two businesses based on the strength of their dividends, risk, analyst recommendations, earnings, profitability, media sentiment, institutional ownership and valuation.

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. Community Trust Bancorp pays an annual dividend of $2.60 per share and has a dividend yield of 3.4%. Mercantile Bank pays out 27.5% of its earnings in the form of a dividend. Community Trust Bancorp pays out 43.6% 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.

In the previous week, Community Trust Bancorp had 3 more articles in the media than Mercantile Bank. MarketBeat recorded 4 mentions for Community Trust Bancorp and 1 mentions for Mercantile Bank. Community Trust Bancorp's average media sentiment score of 1.84 beat Mercantile Bank's score of 0.59 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)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Community Trust Bancorp
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Mercantile Bank has a beta of 0.79, suggesting that its share price is 21% less volatile than the broader market. Comparatively, Community Trust Bancorp has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market.

Mercantile Bank presently has a consensus price target of $60.40, indicating a potential upside of 1.26%. Community Trust Bancorp has a consensus price target of $81.50, indicating a potential upside of 5.85%. Given Community Trust Bancorp's stronger consensus rating and higher probable upside, analysts plainly believe Community Trust 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)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Community Trust Bancorp
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Community Trust Bancorp has a net margin of 25.55% compared to Mercantile Bank's net margin of 24.75%. Mercantile Bank's return on equity of 13.66% beat Community Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.75% 13.66% 1.46%
Community Trust Bancorp 25.55%12.66%1.61%

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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Community Trust Bancorp has lower revenue, but higher 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$371.80M2.77$88.75M$5.6810.50
Community Trust Bancorp$298.90M4.68$98.06M$5.9712.90

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 Mid Bancshares?

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

Mercantile Bank has a beta of 0.79, indicating that its stock price is 21% less volatile than the broader market. Comparatively, First Mid Bancshares has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market.

58.6% of Mercantile Bank shares are owned by institutional investors. Comparatively, 47.6% of First Mid Bancshares shares are owned by institutional investors. 2.5% of Mercantile Bank shares are owned by insiders. Comparatively, 6.0% of First Mid Bancshares shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercantile Bank$371.80M2.77$88.75M$5.6810.50
First Mid Bancshares$466.04M2.90$91.75M$4.0312.58

In the previous week, Mercantile Bank had 1 more articles in the media than First Mid Bancshares. MarketBeat recorded 1 mentions for Mercantile Bank and 0 mentions for First Mid Bancshares. First Mid Bancshares' average media sentiment score of 1.67 beat Mercantile Bank's score of 0.59 indicating that First Mid Bancshares is being referred to more favorably in the news media.

Company Overall Sentiment
Mercantile Bank Positive
First Mid Bancshares Very Positive

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. First Mid Bancshares pays an annual dividend of $1.00 per share and has a dividend yield of 2.0%. Mercantile Bank pays out 27.5% of its earnings in the form of a dividend. First Mid Bancshares pays out 24.8% 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 increased its dividend for 14 consecutive years and First Mid Bancshares has increased its dividend for 3 consecutive years. Mercantile Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Mercantile Bank has a net margin of 24.75% compared to First Mid Bancshares' net margin of 19.76%. Mercantile Bank's return on equity of 13.66% beat First Mid Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.75% 13.66% 1.46%
First Mid Bancshares 19.76%11.17%1.32%

Mercantile Bank currently has a consensus price target of $60.40, indicating a potential upside of 1.26%. First Mid Bancshares has a consensus price target of $54.63, indicating a potential upside of 7.71%. Given First Mid Bancshares' stronger consensus rating and higher possible upside, analysts clearly believe First Mid Bancshares is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
First Mid Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Mercantile Bank and First Mid Bancshares tied by winning 9 of the 18 factors compared between the two stocks.

How does Mercantile Bank compare to First Merchants?

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

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
Mercantile Bank$371.80M2.77$88.75M$5.6810.50
First Merchants$691.54M3.85$226M$3.1213.58

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.5%. Mercantile Bank pays out 27.5% of its earnings in the form of a dividend. First Merchants pays out 47.4% 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 First Merchants has raised its dividend for 13 consecutive years.

Mercantile Bank has a net margin of 24.75% compared to First Merchants' net margin of 17.05%. Mercantile Bank's return on equity of 13.66% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.75% 13.66% 1.46%
First Merchants 17.05%8.86%1.12%

Mercantile Bank has a beta of 0.79, suggesting that its share price is 21% less volatile than the broader market. Comparatively, First Merchants has a beta of 0.84, suggesting that its share price is 16% less volatile than the broader market.

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

Mercantile Bank presently has a consensus price target of $60.40, indicating a potential upside of 1.26%. First Merchants has a consensus price target of $49.00, indicating a potential upside of 15.69%. Given First Merchants' stronger consensus rating and higher probable upside, analysts plainly believe First Merchants is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
First Merchants
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, First Merchants had 1 more articles in the media than Mercantile Bank. MarketBeat recorded 2 mentions for First Merchants and 1 mentions for Mercantile Bank. First Merchants' average media sentiment score of 1.79 beat Mercantile Bank's score of 0.59 indicating that First Merchants 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)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

First Merchants beats Mercantile Bank on 11 of the 18 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 better investment? We will contrast the two companies based on the strength of their earnings, media sentiment, risk, institutional ownership, dividends, profitability, valuation and analyst recommendations.

Mercantile Bank has a beta of 0.79, indicating that its stock price is 21% less volatile than the broader market. Comparatively, Hope Bancorp has a beta of 0.83, indicating that its stock price is 17% less volatile than the broader market.

Mercantile Bank has a net margin of 24.75% compared to Hope Bancorp's net margin of 12.53%. Mercantile Bank's return on equity of 13.66% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.75% 13.66% 1.46%
Hope Bancorp 12.53%5.71%0.70%

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.0%. Mercantile Bank pays out 27.5% of its earnings in the form of a dividend. Hope Bancorp pays out 56.0% 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. Mercantile Bank has increased its dividend for 14 consecutive years.

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$371.80M2.77$88.75M$5.6810.50
Hope Bancorp$576.46M3.08$61.59M$1.0013.91

Mercantile Bank currently has a consensus price target of $60.40, suggesting a potential upside of 1.26%. Hope Bancorp has a consensus price target of $15.50, suggesting a potential upside of 11.47%. 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)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

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

In the previous week, Hope Bancorp had 8 more articles in the media than Mercantile Bank. MarketBeat recorded 9 mentions for Hope Bancorp and 1 mentions for Mercantile Bank. Hope Bancorp's average media sentiment score of 1.13 beat Mercantile Bank's score of 0.59 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)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hope Bancorp
6 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Mercantile Bank beats Hope Bancorp on 10 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$1.03B$23.59B$14.03B$12.92B
Dividend Yield2.57%3.18%5.89%10.20%
P/E Ratio10.5027.9929.1324.78
Price / Sales2.779.61503.49107.95
Price / Cash11.0316.2030.2237.44
Price / Book1.411.383.716.43
Net Income$88.75M$2.57B$1.31B$347.27M
7 Day Performance-1.76%-0.04%0.26%2.53%
1 Month Performance4.61%2.61%0.71%-1.03%
1 Year Performance33.95%29.40%12.52%23.28%

Mercantile Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MBWM
Mercantile Bank
3.5898 of 5 stars
$59.65
-1.7%
$60.40
+1.3%
+36.3%$1.03B$371.80M10.50670
BUSE
First Busey
4.3263 of 5 stars
$31.58
+1.0%
$32.00
+1.3%
+38.9%$2.67B$1.04B13.041,948
CTBI
Community Trust Bancorp
3.9657 of 5 stars
$79.32
+0.5%
$81.50
+2.7%
+45.2%$1.44B$298.90M13.28980
FMBH
First Mid Bancshares
3.3315 of 5 stars
$52.78
+0.5%
$54.63
+3.5%
+37.3%$1.40B$466.04M13.101,170
FRME
First Merchants
4.7006 of 5 stars
$44.01
+0.9%
$49.00
+11.3%
+13.4%$2.77B$691.54M14.092,086

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This page (NASDAQ:MBWM) was last updated on 8/10/2026 by MarketBeat.com Staff.
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