Mercantile Bank (MBWM) vs Metropolitan Bank (MCB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Mercantile Bank (MBWM) has outperformed Metropolitan Bank (MCB) over the past year, gaining 28.9% versus a gain of 14.6%. Over five years, MBWM leads with a +72.1% price change compared with -0.7% for MCB. Metropolitan Bank is the larger company by market cap ($1.08 billion vs $1.01 billion), about 1.1 times the size.
On valuation, Metropolitan Bank trades at a lower forward P/E (7.8x vs 10.1x for Mercantile Bank). Mercantile Bank offers the higher dividend yield (2.65% vs 0.86%).
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 | MBWM | MCB |
|---|---|---|
| Share price | $58.20 | $87.49 |
| Market cap | $1.01B | $1.08B |
| 1-day change | +0.29% | +0.51% |
| YTD return | +21.00% | +14.00% |
| 1-year return | +28.93% | +14.60% |
| 5-year return | +72.09% | -0.68% |
| P/E ratio (TTM) | 10.23 | 11.22 |
| Forward P/E | 10.11 | 7.79 |
| EPS (TTM) | $5.69 | $7.80 |
| Dividend yield | 2.65% | 0.86% |
| Annual dividend | $1.54 | $0.75 |
| 52-week high | $62.95 | $102.04 |
| 52-week low | $42.75 | $64.66 |
| Distance from 52-week high | -7.55% | -14.26% |
| Analyst consensus | none | buy |
| Avg. price target upside | +8.54% | +20.39% |
| Average volume | 117.91K | 131.39K |
| Shares outstanding | 17.29M | 12.40M |
| Employees | 827 | 326 |
| 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.
Key differences
- MBWM has outperformed MCB by 14.3 percentage points over the past year.
- Mercantile Bank offers a meaningfully higher dividend yield (2.65% vs 0.86%).
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
About Metropolitan Bank
MCB stock →Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.
Finance · Major Banks · 326 employees
MBWM vs MCB FAQ
Which is bigger, Mercantile Bank or Metropolitan Bank?
Metropolitan Bank (MCB) is larger, with a market capitalization of $1.08B compared with $1.01B for Mercantile Bank (MBWM).
Which stock has performed better over the past year, MBWM or MCB?
MBWM returned +28.93% over the past 12 months, compared with +14.60% for MCB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MBWM or MCB?
MBWM has the lower trailing P/E at 10.2, versus 11.2 for MCB. 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, Mercantile Bank or Metropolitan Bank?
Mercantile Bank has the higher yield at 2.65%, compared with 0.86% for Metropolitan Bank.
Are Mercantile Bank and Metropolitan Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.