Mercantile Bank vs Old Second Bancorp
MBWM and OSBC 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 OSBC compare
Old Second Bancorp is the larger company, worth 1.2 times as much as Mercantile Bank ($1.3B against $1.1B).
On earnings, Mercantile Bank is cheaper: it trades at 10.9× trailing earnings, against 11.8× for Old Second Bancorp.
Old Second Bancorp grew revenue faster over the last twelve months (20.6% versus 13.6% for Mercantile Bank).
Mercantile Bank keeps more of each dollar of sales as profit, with a net margin of 35.2% compared with 29.1% at Old Second Bancorp.
Both pay dividends: Mercantile Bank yields 2.5% and Old Second Bancorp 1.2%.
Old Second Bancorp 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 | OSBC |
|---|---|---|
| Size and price | ||
| Market cap | $1.1B | $1.3B |
| Share price | $61.22 | $25.10 |
| Change, 1 year | 34.8% | 36.3% |
| Change, 5 years | 70.6% | 88.0% |
| Beta (5Y) | 0.66 | 0.60 |
| Employees | 786 | 1,062 |
| StockData Score | ||
| Total score | 14 | 15 (better) |
| Valuation score | 1 | 2 (better) |
| Growth score | 2 | 3 (better) |
| Performance score | 5 (better) | 4 |
| Health score | 3 (better) | 2 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 10.9× (better) | 11.8× |
| P/S | 3.9× | 3.3× (better) |
| P/B | 1.4× (better) | 1.5× |
| P/FCF | – | 7.4× |
| PEG | 0.88 (better) | 4.19 |
| FCF yield | – | 13.4% |
| Fair value | $56.70 | $22.57 |
| Margin of safety | −8.0% (better) | −11.2% |
| Growth | ||
| Revenue growth (TTM) | 13.6% | 20.6% (better) |
| Revenue growth, 5Y average | 7.7% | 21.3% (better) |
| Net income growth (TTM) | 11.7% | 57.8% (better) |
| EPS growth (TTM) | 6.3% | 40.4% (better) |
| EPS growth, 5Y average | 15.1% (better) | 12.0% |
| Profitability | ||
| Net margin | 35.2% (better) | 29.1% |
| FCF margin | – | 44.9% |
| Return on equity | 13.6% (better) | 12.8% |
| Financial health | ||
| Altman Z-score | 0.23 | 0.31 (better) |
| Piotroski F-score | 3 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 2.5% (better) | 1.2% |
| Payout ratio | 27.4% | 13.1% |
| Years of dividend growth | 6 (better) | 2 |
| Dividend growth, 5Y average | 6.0% | 44.3% (better) |
| Buyback yield | – | 6.2% |
| Shareholder yield | 2.5% | 7.4% (better) |
| Ownership | ||
| Held by institutions | 69.7% | 76.3% |
| Held by insiders | 3.2% | 3.5% |
| Insider net buying, 12 months | $0 (better) | −$7.0M |
| Short interest, % of float | 3.2% | 6.5% |
Go deeper
- MBWM stock overview
- MBWM income statement
- MBWM valuation and score
- OSBC stock overview
- OSBC income statement
- OSBC valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.