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

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 $986.8M). Horizon Bancorp (IN) has negative trailing earnings, so its P/E is not meaningful; Mercantile Bank Corporation trades at 10.6×. 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 (5.37% vs 3.81%). Across the 19 metrics below, Mercantile Bank Corporation leads on 13 and Horizon Bancorp (IN) on 6.