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

• Horizon Bancorp (IN) HBNC 19.46 ▲ +0.67%
• Mercantile Bank Corporation MBWM 58.71 ▲ +0.67%

Horizon Bancorp (IN) and Mercantile Bank Corporation are both Banks Regional companies. Horizon Bancorp (IN) and Mercantile Bank Corporation are of similar size ($1.0B and $992.5M). Horizon Bancorp (IN) has negative trailing earnings, so its P/E is not meaningful; Mercantile Bank Corporation trades at 10.3×. Mercantile Bank Corporation grew revenue faster over the last twelve months: 4.47% against −74.2%. Mercantile Bank Corporation has the higher net margin (24.8% vs −149.0%) and the higher return on invested capital (8.33% vs −17.9%). Both pay a dividend; Horizon Bancorp (IN) yields more (3.29% vs 2.66%). Across the 18 metrics below, Mercantile Bank Corporation leads on 13 and Horizon Bancorp (IN) on 5.