Mercantile Bank [MBWM] vs OFG Bancorp [OFG] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 19 vital metrics comparison: Mercantile Bank Corporation wins in 8 metrics, OFG Bancorp wins in 10 metrics, with 0 ties. OFG Bancorp appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | Mercantile Bank Corporation | OFG Bancorp | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 9.22 | 9.24 | Mercantile Bank Corporation |
| Price-to-Book Ratio | 1.20 | 1.39 | Mercantile Bank Corporation |
| Debt-to-Equity Ratio | 0.97 | 0.42 | OFG Bancorp |
| PEG Ratio | 0.62 | 0.56 | OFG Bancorp |
| Profit Margin (TTM) | 36.37% | 33.64% | Mercantile Bank Corporation |
| Operating Margin (TTM) | 41.00% | 42.01% | OFG Bancorp |
| EBITDA Margin (TTM) | 41.00% | 42.01% | OFG Bancorp |
| Return on Equity | 13.66% | 16.04% | OFG Bancorp |
| Return on Assets (TTM) | 1.40% | 1.80% | OFG Bancorp |
| Free Cash Flow (TTM) | $11.21M | $199.34M | OFG Bancorp |
| Dividend Yield | 3.70% | 2.57% | Mercantile Bank Corporation |
| 1-Year Return | 26.84% | 17.22% | Mercantile Bank Corporation |
| Price-to-Sales Ratio (TTM) | 3.52 | 3.05 | OFG Bancorp |
| Enterprise Value | $1.01B | $1.86B | OFG Bancorp |
| EV/Revenue Ratio | 4.00 | 2.92 | OFG Bancorp |
| Revenue per Share (TTM) | $15 | $14 | Mercantile Bank Corporation |
| Earnings per Share (Diluted) | $5.58 | $4.84 | Mercantile Bank Corporation |
| Beta (Stock Volatility) | 0.87 | N/A | N/A |
| Short % of Float | 2.10% | 3.73% | Mercantile Bank Corporation |
Mercantile Bank Corporation vs OFG Bancorp Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| Mercantile Bank Corporation | -2.61% | 1.38% | 7.80% | 7.35% | 7.67% | 12.92% |
| OFG Bancorp | -0.92% | 2.56% | 8.30% | 21.20% | 12.74% | 16.09% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| Mercantile Bank Corporation | 26.84% | 87.37% | 85.80% | 134.10% | 596.97% | 50.04% |
| OFG Bancorp | 17.22% | 79.06% | 122.40% | 472.82% | 295.23% | 282.34% |
Performance & Financial Health Analysis: Mercantile Bank Corporation vs OFG Bancorp
| Metric | MBWM | OFG |
|---|---|---|
| Market Information | ||
| Market Cap | $875.39M | $1.99B |
| Market Cap Category | Small cap | Small cap |
| 10 Day Avg. Volume | 127,290 | 264,900 |
| 90 Day Avg. Volume | 119,100 | 348,273 |
| Last Close | $53.76 | $47.62 |
| 52 Week Range | $42.69 - $55.77 | $35.71 - $48.56 |
| % from 52W High | -3.60% | -1.93% |
| All-Time High | $55.77 (Feb 06, 2026) | $48.56 (Jun 15, 2026) |
| % from All-Time High | -3.60% | -1.94% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.26% | 0.07% |
| Quarterly Earnings Growth | 0.16% | 0.18% |
| Financial Health | ||
| Profit Margin (TTM) | 0.36% | 0.34% |
| Operating Margin (TTM) | 0.41% | 0.42% |
| Return on Equity (TTM) | 0.14% | 0.16% |
| Debt to Equity (MRQ) | 0.97 | 0.42 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $42.75 | $32.13 |
| Cash per Share (MRQ) | $33.61 | $14.88 |
| Operating Cash Flow (TTM) | $27.28M | $62.78M |
| Levered Free Cash Flow (TTM) | $88.75M | $205.10M |
| Dividends | ||
| Last 12-Month Dividend Yield | 3.70% | 2.57% |
| Last 12-Month Dividend | $1.89 | $1.05 |
Valuation & Enterprise Metrics Analysis: Mercantile Bank Corporation vs OFG Bancorp
| Metric | MBWM (Apr 24, 2026) | OFG (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 9.22 | 9.24 |
| Forward P/E | 8.61 | 9.59 |
| PEG Ratio | 0.62 | 0.56 |
| Price to Sales (TTM) | 3.52 | 3.05 |
| Price to Book (MRQ) | 1.20 | 1.39 |
| Market Capitalization | ||
| Market Capitalization | $875.39M | $1.99B |
| Enterprise Value | $1.01B | $1.86B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 4.00 | 2.92 |
| Enterprise to EBITDA | N/A | N/A |
| Risk & Other Metrics | ||
| Beta | 0.87 | N/A |
| Book Value per Share (MRQ) | $42.75 | $32.13 |
Financial Statements Comparison: Mercantile Bank Corporation vs OFG Bancorp
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | MBWM (2025) | OFG (2025) |
|---|---|---|
| Revenue/Sales | 242.65M | 675.22M |
| Cost of Goods Sold | N/A | N/A |
| COGS % of Revenue | 0.0% | 0.0% |
| Gross Profit | N/A | N/A |
| Gross Margin | 0.0% | 0.0% |
| Research & Development | N/A | N/A |
| Operating Income (EBIT) | N/A | N/A |
| Operating Margin | 0.0% | 0.0% |
| EBITDA | N/A | N/A |
| EBITDA Margin | 0.0% | 0.0% |
| Pre-Tax Income | 103.49M | 234.12M |
| Pre-Tax Income % of Revenue | 42.7% | 34.7% |
| Income Tax | 14.74M | 29.01M |
| Income Tax % of Revenue | 6.1% | 4.3% |
| Net Income (Profit) | 88.75M | 205.10M |
| Profit Margin | 36.6% | 30.4% |
Balance Sheet & Liquidity Metrics
| Metric | MBWM (2025) | OFG (2025) |
|---|---|---|
| Cash & Equivalents | 473.32M | 1.04B |
| Total Current Assets | N/A | N/A |
| Total Current Assets % of Revenue | 0.0% | 0.0% |
| Total Current Liabilities | N/A | N/A |
| Total Current Liabilities % of Revenue | 0.0% | 0.0% |
| Long-Term Debt | 496.89M | 423.17M |
| Long-Term Debt % of Revenue | 204.8% | 62.7% |
| Total Shareholders Equity | 724.88M | 1.39B |
| Retained Earnings | 399.45M | 904.63M |
| Retained Earnings % of Revenue | 164.6% | 134.0% |
| Property, Plant & Equipment | N/A | 21.26M |
Cash Flow Statement Comparison
| Metric | MBWM (2025) | OFG (2025) |
|---|---|---|
| Operating Cash Flow | 27.28M | 62.78M |
| Operating Cash Flow % of Revenue | 11.2% | 9.3% |
| Capital Expenditures | -6.76M | -16.96M |
| Free Cash Flow | 11.21M | 199.34M |
| FCF Margin | 4.6% | 29.5% |
| Debt Repayment | -80.86M | N/A |
| Common Stock Repurchase | N/A | -91.60M |
Short Interest & Institutional Ownership Analysis
| Metric | MBWM | OFG |
|---|---|---|
| Shares Short | 354,221 | 1.09M |
| Short Ratio | 2.89 | 2.60 |
| Short % of Float | 2.10% | 3.73% |
| Shares Outstanding | 17.18M | 43.26M |
| Float Shares | 16.69M | 42.30M |
| % Held by Insiders | 3.05% | 1.13% |
| % Held by Institutions | 63.52% | 99.69% |
| % Held by Public | 33.43% | -0.82% |
Dividend Analysis & Yield Comparison: Mercantile Bank Corporation vs OFG Bancorp
| Metric | MBWM | OFG |
|---|---|---|
| Last 12-Month Dividend | $1.89 | $1.05 |
| Last 12-Month Dividend Yield | 3.70% | 2.57% |
| 3-Year Avg Annual Dividend | $1.55 | $0.91 |
| 3-Year Avg Dividend Yield | 0.89% | 0.71% |
| 3-Year Total Dividends | $4.65 | $2.73 |
| Ex-Dividend Date | Mar 06, 2026 | Mar 31, 2025 |