Mercantile Bank vs Northpointe Bancshares
MBWM and NPB side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MBWM and NPB compare
Mercantile Bank is the larger company, worth 2.0 times as much as Northpointe Bancshares ($1.1B against $534M).
On earnings, Northpointe Bancshares is cheaper: it trades at 7.2× trailing earnings, against 10.9× for Mercantile Bank.
Mercantile Bank grew revenue faster over the last twelve months (13.6% versus 13.0% for Northpointe Bancshares).
Mercantile Bank keeps more of each dollar of sales as profit, with a net margin of 35.2% compared with 32.9% at Northpointe Bancshares.
Both pay dividends: Mercantile Bank yields 2.5% and Northpointe Bancshares 0.68%.
Northpointe Bancshares scores higher on the StockData Score (15 against 14 for Mercantile Bank), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MBWM | NPB |
|---|---|---|
| Size and price | ||
| Market cap | $1.1B | $534M |
| Share price | $61.25 | $15.43 |
| Change, 1 year | 34.1% | −7.5% |
| Change, 5 years | 70.7% | – |
| Beta (5Y) | 0.65 | 0.86 |
| Employees | 786 | 483 |
| StockData Score | ||
| Total score | 14 | 15 (better) |
| Valuation score | 1 | 5 (better) |
| Growth score | 2 (better) | 1 |
| Performance score | 5 (better) | 3 |
| Health score | 3 | 3 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 10.9× | 7.2× (better) |
| P/S | 3.9× | 2.1× (better) |
| P/B | 1.4× | 0.9× (better) |
| P/FCF | – | 3.4× |
| PEG | 0.88 | – |
| FCF yield | – | 29.0% |
| Fair value | $56.66 | $24.50 |
| Margin of safety | −8.1% | 37.0% (better) |
| Growth | ||
| Revenue growth (TTM) | 13.6% (better) | 13.0% |
| Revenue growth, 5Y average | 7.7% | – |
| Net income growth (TTM) | 11.7% | 15.8% (better) |
| EPS growth (TTM) | 6.3% | 12.0% (better) |
| EPS growth, 5Y average | 15.1% | – |
| Profitability | ||
| Net margin | 35.2% (better) | 32.9% |
| FCF margin | – | 62.2% |
| Return on equity | 13.6% (better) | 13.1% |
| Financial health | ||
| Altman Z-score | 0.23 (better) | 0.15 |
| Piotroski F-score | 3 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 2.5% (better) | 0.68% |
| Payout ratio | 27.4% | 4.2% |
| Years of dividend growth | 6 (better) | 0 |
| Dividend growth, 5Y average | 6.0% | – |
| Buyback yield | – | −0.00% |
| Shareholder yield | 2.5% (better) | 0.68% |
| Ownership | ||
| Held by institutions | 69.7% | 63.8% |
| Held by insiders | 3.2% | 15.3% |
| Insider net buying, 12 months | $0 | $4.2M (better) |
| Short interest, % of float | 3.2% | 2.6% |
Go deeper
- MBWM stock overview
- MBWM income statement
- MBWM valuation and score
- NPB stock overview
- NPB income statement
- NPB valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.