MBIN vs HNI

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

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

5-Year PerformanceMBIN has outperformed HNI, delivering a return of +13.8% compared to -3.1%

MBIN vs HNI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBIN(COMPANY)	HNI(COMPANY)
Market Cap	$2.28B	$2.28B
Max Drawdown	54.94%	87.33%
Sharpe Ratio	1.23	-0.94
5Y Beta	0.89	0.84
Industry	Banks - Regional	Furnishings, Fixtures & Appliances
P/E Ratio	9.97	18.76
Forward P/E	N/A	7.79
PEG Ratio	N/A	0.39
Dividend Yield	0.84%	4.27%
5Y Dividends CAGR	18.31%	2.26%
5Y EPS CAGR	-0.32%	-8.08%
Debt to Equity	0.00%	81.48%
Free Cash Flow Yield	-48.36%	4.03%
P/S Ratio	3.88	0.66
P/B Ratio	1.26	1.26

Market Cap

MBIN

$2.28B

Winner

HNI

$2.28B

Max Drawdown

Winner

MBIN

54.94%

HNI

87.33%

Sharpe Ratio

Winner

MBIN

1.23

HNI

-0.94

5Y Beta

MBIN

0.89

Winner

HNI

0.84

Industry

MBIN

Banks - Regional

HNI

Furnishings, Fixtures & Appliances

P/E Ratio

Winner

MBIN

9.97

HNI

18.76

Forward P/E

MBIN

N/A

HNI

7.79

PEG Ratio

MBIN

N/A

HNI

0.39

Dividend Yield

MBIN

0.84%

Winner

HNI

4.27%

5Y Dividends CAGR

Winner

MBIN

18.31%

HNI

2.26%

5Y EPS CAGR

Winner

MBIN

-0.32%

HNI

-8.08%

Debt to Equity

Winner

MBIN

0.00%

HNI

81.48%

Free Cash Flow Yield

MBIN

-48.36%

Winner

HNI

4.03%

P/S Ratio

MBIN

3.88

Winner

HNI

0.66

P/B Ratio

MBIN

1.26

Winner

HNI

1.26

MBIN vs HNI - Historical Returns

Returns include dividend reinvestment.

Period	MBIN	HNI
1 month	+9.67%	+5.71%
3 months	+18.89%	-17.31%
6 months	+39.05%	-19.04%
1 year	+56.38%	-28.37%
5 years(CAGR)	+13.78%	-3.05%
10 years(CAGR)	+20.35%	-0.01%
Max(CAGR)	+20.35%	+4.88%

Winner

MBIN

+9.67%

HNI

+5.71%

Winner

MBIN

+18.89%

HNI

-17.31%

Winner

MBIN

+39.05%

HNI

-19.04%

Winner

MBIN

+56.38%

HNI

-28.37%

5Y(CAGR)

Winner

MBIN

+13.78%

HNI

-3.05%

10Y(CAGR)

Winner

MBIN

+20.35%

HNI

-0.01%

Max(CAGR)

Winner

MBIN

+20.35%

HNI

+4.88%

MBIN vs HNI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MBIN	HNI
2026	+51.42%	-20.83%
2025	-4.28%	-12.28%
2024	-11.59%	+24.58%
2023	+78.46%	+50.53%
2022	-21.45%	-31.01%
2021	+71.57%	+30.15%
2020	+45.19%	-4.21%
2019	-0.29%	+9.87%
2018	+0.99%	-6.64%
2017	+17.42%	-27.81%
2016	N/A	+64.39%
2015	N/A	-27.01%
2014	N/A	+36.65%
2013	N/A	+30.75%
2012	N/A	+15.82%
2011	N/A	-14.49%
2010	N/A	+14.14%
2009	N/A	+78.35%
2008	N/A	-49.81%
2007	N/A	-20.06%
2006	N/A	-19.31%
2005	N/A	+31.18%
2004	N/A	+0.77%
2003	N/A	+52.88%
2002	N/A	+4.80%
2001	N/A	+15.59%
2000	N/A	+21.18%
1999	N/A	+11.60%

MBIN vs HNI Drawdown Comparison

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

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

The current MBIN drawdown is -2.92%. The current HNI drawdown is -39.52%.

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

Correlation

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

0.75

-101

Dividend Comparison (1999 - 2026)

MBIN vs HNI dividend yield comparison.

Year	MBIN	HNI
2026	0.22%	2.09%
2025	1.17%	3.21%
2024	0.99%	2.60%
2023	0.75%	3.06%
2022	1.15%	4.47%
2021	0.76%	2.94%
2020	1.16%	3.54%
2019	1.42%	3.23%
2018	1.20%	3.30%
2017	0.25%	2.93%
2016	0.00%	1.95%
2015	0.00%	2.90%
2014	0.00%	1.94%
2013	0.00%	2.47%
2012	0.00%	3.16%
2011	0.00%	3.52%
2010	0.00%	2.76%
2009	0.00%	3.13%
2008	0.00%	5.43%
2007	0.00%	2.22%
2006	0.00%	1.62%
2005	0.00%	1.13%
2004	0.00%	1.30%
2003	0.00%	1.20%
2002	0.00%	1.77%
2001	0.00%	1.74%
2000	0.00%	1.73%
1999	0.00%	0.46%