Mercantile Bank (MBWM) vs NB Bancorp (NBBK)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Mercantile Bank (MBWM) has outperformed NB Bancorp (NBBK) over the past year, gaining 28.9% versus a gain of 28.9%. Mercantile Bank is the larger company by market cap ($998.8 million vs $969.3 million), about 1.0 times the size. On valuation, NB Bancorp trades at a lower forward P/E (8.4x vs 10.1x for Mercantile Bank).
NB Bancorp offers the higher dividend yield (4.43% vs 2.67%).
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 | NBBK |
|---|---|---|
| Share price | $57.78 | $22.12 |
| Market cap | $998.78M | $969.26M |
| 1-day change | -0.72% | -1.91% |
| YTD return | +21.00% | +13.77% |
| 1-year return | +28.93% | +28.93% |
| 5-year return | +72.09% | — |
| P/E ratio (TTM) | 10.15 | 14.46 |
| Forward P/E | 10.05 | 8.41 |
| EPS (TTM) | $5.69 | $1.53 |
| Dividend yield | 2.67% | 4.43% |
| Annual dividend | $1.54 | $0.98 |
| 52-week high | $62.95 | $23.47 |
| 52-week low | $42.75 | $16.84 |
| Distance from 52-week high | -8.21% | -5.75% |
| Analyst consensus | none | buy |
| Avg. price target upside | +9.33% | +15.28% |
| Average volume | 119.05K | 306.95K |
| Shares outstanding | 17.29M | 43.82M |
| Employees | 827 | 526 |
| Sector | Finance | Finance |
| Industry | Major Banks | 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
- NB Bancorp trades at a higher earnings multiple (14.5x vs 10.2x trailing P/E).
- NB Bancorp offers a meaningfully higher dividend yield (4.43% vs 2.67%).
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 NB Bancorp
NBBK stock →NB Bancorp, Inc. focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in the Greater Boston metropolitan area and surrounding communities in the United States.
Finance · Banks · 526 employees
MBWM vs NBBK FAQ
Which is bigger, Mercantile Bank or NB Bancorp?
Mercantile Bank (MBWM) is larger, with a market capitalization of $998.78M compared with $969.26M for NB Bancorp (NBBK).
Which stock has performed better over the past year, MBWM or NBBK?
MBWM returned +28.93% over the past 12 months, compared with +28.93% for NBBK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MBWM or NBBK?
MBWM has the lower trailing P/E at 10.2, versus 14.5 for NBBK. 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 NB Bancorp?
NB Bancorp has the higher yield at 4.43%, compared with 2.67% for Mercantile Bank.
Are Mercantile Bank and NB Bancorp in the same industry?
Both are in the Finance sector, but in different industries: Major Banks for Mercantile Bank and Banks for NB Bancorp.