CNB Financial (CCNE) vs Mercantile Bank (MBWM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
CNB Financial (CCNE) has outperformed Mercantile Bank (MBWM) over the past year, gaining 38.3% versus a gain of 28.9%. Over five years, MBWM leads with a +72.1% price change compared with +34.6% for CCNE. Mercantile Bank is the larger company by market cap ($1.01 billion vs $996.4 million), about 1.0 times the size.
On valuation, CNB Financial trades at a lower forward P/E (9.0x vs 10.1x for Mercantile Bank). Mercantile Bank offers the higher dividend yield (2.65% vs 2.20%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CCNE | MBWM |
|---|---|---|
| Share price | $33.64 | $58.20 |
| Market cap | $996.45M | $1.01B |
| 1-day change | +0.87% | +0.29% |
| YTD return | +28.54% | +21.00% |
| 1-year return | +38.27% | +28.93% |
| 5-year return | +34.61% | +72.09% |
| P/E ratio (TTM) | 10.38 | 10.23 |
| Forward P/E | 9.01 | 10.13 |
| EPS (TTM) | $3.24 | $5.69 |
| Dividend yield | 2.20% | 2.65% |
| Annual dividend | $0.74 | $1.54 |
| 52-week high | $36.17 | $62.95 |
| 52-week low | $22.80 | $42.75 |
| Distance from 52-week high | -6.99% | -7.55% |
| Analyst consensus | buy | none |
| Avg. price target upside | +12.46% | +8.54% |
| Average volume | 148.65K | 119.05K |
| Shares outstanding | 29.62M | 17.29M |
| Employees | 917 | 827 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About CNB Financial
CCNE stock →CNB Financial Corporation operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as other specialized financial services.
Finance · Major Banks · 917 employees
About Mercantile Bank
MBWM stock →Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit.
Finance · Major Banks · 827 employees
CCNE vs MBWM FAQ
Which is bigger, CNB Financial or Mercantile Bank?
Mercantile Bank (MBWM) is larger, with a market capitalization of $1.01B compared with $996.45M for CNB Financial (CCNE).
Which stock has performed better over the past year, CCNE or MBWM?
CCNE returned +38.27% over the past 12 months, compared with +28.93% for MBWM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CCNE or MBWM?
MBWM has the lower trailing P/E at 10.2, versus 10.4 for CCNE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CNB Financial or Mercantile Bank?
Mercantile Bank has the higher yield at 2.65%, compared with 2.20% for CNB Financial.
Are CNB Financial and Mercantile Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.