Mercantile Bank (MBWM) vs Northeast Bank (NBN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Northeast Bank (NBN) has outperformed Mercantile Bank (MBWM) over the past year, gaining 32.6% versus a gain of 28.3%. Over five years, NBN leads with a +257.3% price change compared with +70.8% for MBWM. Northeast Bank is the larger company by market cap ($1.08 billion vs $998.8 million), about 1.1 times the size.
On valuation, Northeast Bank trades at a lower forward P/E (8.0x vs 10.1x for Mercantile Bank). Mercantile Bank offers the higher dividend yield (2.67% vs 0.03%).
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 | NBN |
|---|---|---|
| Share price | $57.78 | $125.99 |
| Market cap | $998.78M | $1.08B |
| 1-day change | -0.72% | -0.51% |
| YTD return | +20.12% | +21.84% |
| 1-year return | +28.34% | +32.58% |
| 5-year return | +70.85% | +257.31% |
| P/E ratio (TTM) | 10.15 | 9.89 |
| Forward P/E | 10.05 | 8.00 |
| EPS (TTM) | $5.69 | $12.74 |
| Dividend yield | 2.67% | 0.03% |
| Annual dividend | $1.54 | $0.04 |
| 52-week high | $62.95 | $142.31 |
| 52-week low | $42.75 | $80.75 |
| Distance from 52-week high | -8.21% | -11.47% |
| Analyst consensus | none | none |
| Avg. price target upside | +9.33% | +13.90% |
| Average volume | 119.45K | 112.82K |
| Shares outstanding | 17.29M | 8.56M |
| Employees | 827 | 222 |
| 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
- Mercantile Bank offers a meaningfully higher dividend yield (2.67% vs 0.03%).
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 Northeast Bank
NBN stock →Northeast Bank provides various banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and checking accounts.
Finance · Major Banks · 222 employees
MBWM vs NBN FAQ
Which is bigger, Mercantile Bank or Northeast Bank?
Northeast Bank (NBN) is larger, with a market capitalization of $1.08B compared with $998.78M for Mercantile Bank (MBWM).
Which stock has performed better over the past year, MBWM or NBN?
NBN returned +32.58% over the past 12 months, compared with +28.34% for MBWM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MBWM or NBN?
NBN has the lower trailing P/E at 9.9, versus 10.2 for MBWM. 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 Northeast Bank?
Mercantile Bank has the higher yield at 2.67%, compared with 0.03% for Northeast Bank.
Are Mercantile Bank and Northeast Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.