GAINN vs MBWM

Comparison between Gladstone Investment Corporation (GAINN, Company) and Mercantile Bank Corp (MBWM, Company).

5-Year PerformanceMBWM has outperformed GAINN, delivering a return of +17.9% compared to +4.3%

GAINN vs MBWM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GAINN(COMPANY)	MBWM(COMPANY)
Market Cap	$1B	$998M
Max Drawdown	14.58%	93.18%
Sharpe Ratio	0.20	0.71
5Y Beta	N/A	0.83
Industry	N/A	Banks - Regional
P/E Ratio	5.40	10.78
Forward P/E	N/A	10.87
PEG Ratio	0.03	0.62
Dividend Yield	4.49%	2.65%
5Y Dividends CAGR	43.58%	10.87%
5Y EPS CAGR	N/A	13.92%
Debt to Equity	84.47%	0.00%
Free Cash Flow Yield	-10.15%	4.93%

Market Cap

Winner

GAINN

$1B

MBWM

$998M

Max Drawdown

Winner

GAINN

14.58%

MBWM

93.18%

Sharpe Ratio

GAINN

0.20

Winner

MBWM

0.71

5Y Beta

GAINN

N/A

MBWM

0.83

Industry

GAINN

N/A

MBWM

Banks - Regional

P/E Ratio

Winner

GAINN

5.40

MBWM

10.78

Forward P/E

GAINN

N/A

MBWM

10.87

PEG Ratio

Winner

GAINN

0.03

MBWM

0.62

Dividend Yield

Winner

GAINN

4.49%

MBWM

2.65%

5Y Dividends CAGR

Winner

GAINN

43.58%

MBWM

10.87%

5Y EPS CAGR

GAINN

N/A

MBWM

13.92%

Debt to Equity

GAINN

84.47%

Winner

MBWM

0.00%

Free Cash Flow Yield

GAINN

-10.15%

Winner

MBWM

4.93%

GAINN vs MBWM - Historical Returns

Returns include dividend reinvestment.

Period	GAINN	MBWM
1 month	+0.89%	+7.50%
3 months	+1.53%	+9.78%
6 months	+1.39%	+16.27%
1 year	+5.02%	+24.71%
5 years(CAGR)	+4.28%	+17.92%
10 years(CAGR)	N/A	+12.59%
Max(CAGR)	+4.57%	+9.15%

GAINN

+0.89%

Winner

MBWM

+7.50%

GAINN

+1.53%

Winner

MBWM

+9.78%

GAINN

+1.39%

Winner

MBWM

+16.27%

GAINN

+5.02%

Winner

MBWM

+24.71%

5Y(CAGR)

GAINN

+4.28%

Winner

MBWM

+17.92%

10Y(CAGR)

GAINN

N/A

MBWM

+12.59%

Max(CAGR)

GAINN

+4.57%

Winner

MBWM

+9.15%

GAINN vs MBWM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GAINN	MBWM
2026	+1.34%	+23.23%
2025	+7.27%	+13.50%
2024	+9.25%	+14.38%
2023	+8.56%	+25.12%
2022	-6.37%	-1.45%
2021	+4.53%	+34.53%
2020	N/A	-21.59%
2019	N/A	+29.33%
2018	N/A	-17.67%
2017	N/A	-3.54%
2016	N/A	+65.97%
2015	N/A	+22.78%
2014	N/A	+11.11%
2013	N/A	+29.13%
2012	N/A	+66.85%
2011	N/A	+14.84%
2010	N/A	+147.71%
2009	N/A	-30.05%
2008	N/A	-71.65%
2007	N/A	-55.38%
2006	N/A	+8.36%
2005	N/A	+3.12%
2004	N/A	+6.97%
2003	N/A	+64.44%
2002	N/A	+38.69%
2001	N/A	+60.25%
2000	N/A	-7.76%
1999	N/A	-16.06%

GAINN vs MBWM Drawdown Comparison

The maximum drawdown for GAINN was -10.15%, occurring on Nov 4, 2022. Recovery took 523 trading sessions.

The maximum drawdown for MBWM was -92.59%, occurring on Jun 24, 2009. Recovery took 2855 trading sessions.

The current GAINN drawdown is -0.16%. The current MBWM drawdown is -1.88%.

Rank	GAINN	MBWM
#1	-10.15% Nov 1, 2021 - Nov 30, 2023	-92.59% Jul 13, 2005 - Nov 11, 2016
#2	-2.86% Jan 30, 2024 - Mar 20, 2024	-52.14% Dec 17, 2019 - Oct 19, 2021
#3	-2.49% Sep 18, 2024 - Feb 11, 2025	-37.90% Nov 2, 1999 - Jan 11, 2001
#4	-2.23% Apr 29, 2021 - Jul 15, 2021	-36.05% Jan 25, 2022 - Nov 14, 2023
#5	-1.99% Oct 14, 2021 - Nov 1, 2021	-29.29% Jul 9, 2018 - Dec 16, 2019
#6	-1.96% Sep 16, 2021 - Sep 22, 2021	-25.00% Feb 11, 2025 - Jan 8, 2026
#7	-1.84% Jul 29, 2021 - Sep 2, 2021	-24.92% May 28, 2002 - Dec 17, 2002
#8	-1.75% Nov 30, 2023 - Dec 20, 2023	-22.44% Dec 20, 2016 - Nov 29, 2017
#9	-1.72% Apr 30, 2025 - Jul 1, 2025	-20.60% Jan 5, 2004 - Nov 11, 2004
#10	-1.66% Sep 22, 2021 - Oct 13, 2021	-19.38% Jan 30, 2024 - Jul 11, 2024
#11	-1.65% Mar 26, 2021 - Apr 19, 2021	-19.02% Aug 13, 2001 - Jan 15, 2002
#12	-1.61% Dec 27, 2023 - Jan 17, 2024	-17.93% Nov 6, 2024 - Feb 11, 2025
#13	-1.60% Feb 26, 2025 - Mar 12, 2025	-17.66% Jul 26, 2024 - Nov 6, 2024
#14	-1.60% Jul 17, 2024 - Aug 23, 2024	-13.14% Feb 11, 2005 - Jun 17, 2005
#15	-1.46% Aug 27, 2025 - Sep 11, 2025	-11.95% Nov 29, 2017 - Jun 4, 2018

Correlation

Correlation between GAINN and MBWM is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2003 - 2026)

GAINN vs MBWM dividend yield comparison.

Year	GAINN	MBWM
2026	1.25%	1.35%
2025	4.97%	3.12%
2024	5.03%	3.19%
2023	5.21%	3.32%
2022	5.43%	3.76%
2021	3.20%	3.37%
2020	0.00%	4.12%
2019	0.00%	2.91%
2018	0.00%	3.29%
2017	0.00%	2.09%
2016	0.00%	3.08%
2015	0.00%	2.36%
2014	0.00%	11.80%
2013	0.00%	2.09%
2012	0.00%	0.55%
2010	0.00%	0.12%
2009	0.00%	2.27%
2008	0.00%	7.21%
2007	0.00%	3.57%
2006	0.00%	1.32%
2005	0.00%	1.09%
2004	0.00%	0.91%
2003	0.00%	0.88%