HNI vs MBIN

Comparison between HNI Corp (HNI, Company) and Merchants Bancorp (MBIN, Company).

HNI is from the Consumer Cyclical sector, while MBIN is from the Financial Services sector.

5-Year PerformanceMBIN has outperformed HNI, delivering a return of +13.3% compared to -3.2%

HNI vs MBIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HNI(COMPANY)	MBIN(COMPANY)
Market Cap	$2.28B	$2.28B
Max Drawdown	87.33%	54.94%
Sharpe Ratio	-0.92	1.28
5Y Beta	0.84	0.89
Industry	Furnishings, Fixtures & Appliances	Banks - Regional
P/E Ratio	18.76	9.97
Forward P/E	8.29	N/A
PEG Ratio	0.39	N/A
Dividend Yield	4.11%	0.83%
5Y Dividends CAGR	2.26%	13.13%
5Y EPS CAGR	-8.08%	-0.32%
Debt to Equity	81.48%	0.00%
Free Cash Flow Yield	4.03%	-48.36%
P/S Ratio	0.66	3.88
P/B Ratio	1.26	1.26

Market Cap

Winner

HNI

$2.28B

MBIN

$2.28B

Max Drawdown

HNI

87.33%

Winner

MBIN

54.94%

Sharpe Ratio

HNI

-0.92

Winner

MBIN

1.28

5Y Beta

Winner

HNI

0.84

MBIN

0.89

Industry

HNI

Furnishings, Fixtures & Appliances

MBIN

Banks - Regional

P/E Ratio

HNI

18.76

Winner

MBIN

9.97

Forward P/E

HNI

8.29

MBIN

N/A

PEG Ratio

HNI

0.39

MBIN

N/A

Dividend Yield

Winner

HNI

4.11%

MBIN

0.83%

5Y Dividends CAGR

HNI

2.26%

Winner

MBIN

13.13%

5Y EPS CAGR

HNI

-8.08%

Winner

MBIN

-0.32%

Debt to Equity

HNI

81.48%

Winner

MBIN

0.00%

Free Cash Flow Yield

Winner

HNI

4.03%

MBIN

-48.36%

P/S Ratio

Winner

HNI

0.66

MBIN

3.88

P/B Ratio

Winner

HNI

1.26

MBIN

1.26

HNI vs MBIN - Historical Returns

Returns include dividend reinvestment.

Period	HNI	MBIN
1 month	+10.39%	+11.07%
3 months	-16.46%	+17.84%
6 months	-19.96%	+34.56%
1 year	-28.36%	+58.68%
5 years(CAGR)	-3.21%	+13.33%
10 years(CAGR)	-0.21%	+20.09%
Max(CAGR)	+4.83%	+20.09%

HNI

+10.39%

Winner

MBIN

+11.07%

HNI

-16.46%

Winner

MBIN

+17.84%

HNI

-19.96%

Winner

MBIN

+34.56%

HNI

-28.36%

Winner

MBIN

+58.68%

5Y(CAGR)

HNI

-3.21%

Winner

MBIN

+13.33%

10Y(CAGR)

HNI

-0.21%

Winner

MBIN

+20.09%

Max(CAGR)

HNI

+4.83%

Winner

MBIN

+20.09%

HNI vs MBIN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HNI	MBIN
2026	-21.89%	+48.92%
2025	-12.28%	-4.28%
2024	+24.58%	-11.59%
2023	+50.53%	+78.46%
2022	-31.01%	-21.45%
2021	+30.15%	+71.57%
2020	-4.21%	+45.19%
2019	+9.87%	-0.29%
2018	-6.64%	+0.99%
2017	-27.81%	+17.42%
2016	+64.39%	N/A
2015	-27.01%	N/A
2014	+36.65%	N/A
2013	+30.75%	N/A
2012	+15.82%	N/A
2011	-14.49%	N/A
2010	+14.14%	N/A
2009	+78.35%	N/A
2008	-49.81%	N/A
2007	-20.06%	N/A
2006	-19.31%	N/A
2005	+31.18%	N/A
2004	+0.77%	N/A
2003	+52.88%	N/A
2002	+4.80%	N/A
2001	+15.59%	N/A
2000	+21.18%	N/A
1999	+11.60%	N/A

HNI vs MBIN Drawdown Comparison

The maximum drawdown for HNI was -86.09%, occurring on Mar 5, 2009. Recovery took 2198 trading sessions.

The maximum drawdown for MBIN was -53.74%, occurring on Apr 15, 2020. Recovery took 608 trading sessions.

The current HNI drawdown is -40.33%. The current MBIN drawdown is -4.53%.

Rank	HNI	MBIN
#1	-86.09% Feb 8, 2006 - Oct 31, 2014	-53.74% Jun 20, 2018 - Nov 17, 2020
#2	-64.36% Dec 27, 2016 - Feb 29, 2024	-43.94% Jul 26, 2024 - Aug 1, 2025
#3	-47.12% Nov 25, 2024 - May 19, 2026	-33.58% Jan 14, 2022 - Nov 15, 2023
#4	-45.39% Apr 22, 2015 - Aug 29, 2016	-22.34% May 6, 2021 - Nov 1, 2021
#5	-33.27% Sep 7, 2016 - Dec 27, 2016	-17.90% May 13, 2024 - Jul 16, 2024
#6	-30.59% Dec 8, 1999 - Mar 29, 2000	-17.73% Jan 30, 2024 - May 3, 2024
#7	-26.56% Aug 14, 2000 - Nov 16, 2001	-12.34% Mar 12, 2021 - May 4, 2021
#8	-23.55% Oct 4, 2005 - Feb 8, 2006	-12.09% Mar 26, 2018 - May 2, 2018
#9	-23.36% May 16, 2002 - Jun 11, 2003	-10.62% Nov 23, 2021 - Jan 7, 2022
#10	-22.28% Jan 21, 2004 - Mar 14, 2005	-8.47% Jan 23, 2018 - Mar 5, 2018
#11	-15.36% Jan 4, 2002 - Apr 3, 2002	-7.48% Dec 27, 2023 - Jan 24, 2024
#12	-13.23% Jun 29, 2000 - Aug 11, 2000	-6.88% Dec 17, 2020 - Jan 6, 2021
#13	-13.21% May 16, 2000 - Jun 29, 2000	-6.46% Jan 12, 2021 - Feb 1, 2021
#14	-11.27% Oct 17, 2024 - Nov 11, 2024	-6.21% Dec 12, 2017 - Jan 12, 2018
#15	-10.72% Jul 31, 2024 - Oct 16, 2024	-5.68% Nov 17, 2020 - Dec 10, 2020

Correlation

Correlation between HNI and MBIN is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (1999 - 2026)

HNI vs MBIN dividend yield comparison.

Year	HNI	MBIN
2026	2.11%	0.45%
2025	3.21%	1.17%
2024	2.60%	0.99%
2023	3.06%	0.75%
2022	4.47%	1.15%
2021	2.94%	0.76%
2020	3.54%	1.16%
2019	3.23%	1.42%
2018	3.30%	1.20%
2017	2.93%	0.25%
2016	1.95%	0.00%
2015	2.90%	0.00%
2014	1.94%	0.00%
2013	2.47%	0.00%
2012	3.16%	0.00%
2011	3.52%	0.00%
2010	2.76%	0.00%
2009	3.13%	0.00%
2008	5.43%	0.00%
2007	2.22%	0.00%
2006	1.62%	0.00%
2005	1.13%	0.00%
2004	1.30%	0.00%
2003	1.20%	0.00%
2002	1.77%	0.00%
2001	1.74%	0.00%
2000	1.73%	0.00%
1999	0.46%	0.00%