Both in Banking & Credit
Mercantile Bank vs Horizon Bancorp
Over the past year MBWM returned +33.6% and HBNC returned +26.0%; their daily moves had a correlation of 0.82.
MBWM +33.6% HBNC +26.0%Growth of $1, one year, split-adjusted
| Metric | MBWM | HBNC |
|---|---|---|
| Price | $59.84 | $20.48 |
| Market cap | $1.03B | $1.05B |
| Today | −1.38% | −1.77% |
| 1 month | +1.6% | +8.6% |
| 6 months | +18.1% | +14.3% |
| Year to date | +24.4% | +20.8% |
| 1 year | +33.6% | +26.0% |
| Revenue growth (YoY) | +5.1% | −1.8% |
| Gross margin | 70.0% | 75.1% |
| Net margin | 26.4% | 24.8% |
| P/E (TTM) | 10.9× | — |
| Price / sales | 2.7× | 10.9× |
| Net cash | $995.0M | $805.7M |
| Dividend yield | 2.67% | 3.13% |
| Volatility (60d) | 16.8% | 17.4% |
| Short % of float | 3.4% | 5.4% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).