Mercantile Bank Corporation (MBWM) vs Northeast Bancorp (NBN)
Mercantile Bank Corporation and Northeast Bancorp are both Banks Regional companies. Mercantile Bank Corporation and Northeast Bancorp are of similar size ($1.1B and $1.0B). Northeast Bancorp trades at the lower P/E: 10.1× against 10.6×. Northeast Bancorp grew revenue faster over the last twelve months: 9.71% against 4.47%. Northeast Bancorp has the higher net margin (27.9% vs 24.8%) and the higher return on invested capital (8.97% vs 8.33%). Both pay a dividend; Mercantile Bank Corporation yields more (3.81% vs 0.08%). Across the 19 metrics below, Northeast Bancorp leads on 10 and Mercantile Bank Corporation on 9.
Valuation
Profitability
| Metric | MBWM | NBN | Banks Regional median |
|---|---|---|---|
| Gross margin | 67.80% | 61.42% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | 24.75% | 27.91% | 18.66% |
| Free cash flow margin | 17.73% | (16.62%) | 21.18% |
| Return on equity | 13.73% | 19.57% | 10.64% |
| Return on assets | 1.46% | 2.26% | 1.13% |
| Return on invested capital | 8.33% | 8.97% | 8.33% |
Growth
Health
Dividend
Size
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