Horizon Bancorp (IN) (HBNC) vs Mercantile Bank Corporation (MBWM)

• Horizon Bancorp (IN) HBNC 20.80 ▼ −0.24%
• Mercantile Bank Corporation MBWM 60.62 ▲ +0.60%

Horizon Bancorp (IN) and Mercantile Bank Corporation are both Banks Regional companies. Horizon Bancorp (IN) and Mercantile Bank Corporation are of similar size ($1.1B and $1.0B). Horizon Bancorp (IN) has negative trailing earnings, so its P/E is not meaningful; Mercantile Bank Corporation trades at 10.8×. Mercantile Bank Corporation grew revenue faster over the last twelve months: 5.40% against −74.2%. Mercantile Bank Corporation has the higher net margin (24.4% vs −149.0%) and the higher return on invested capital (12.9% vs −17.9%). Both pay a dividend; Horizon Bancorp (IN) yields more (3.06% vs 2.59%). Across the 18 metrics below, Mercantile Bank Corporation leads on 15 and Horizon Bancorp (IN) on 3.