MBWM vs ESQ

Comparison between Mercantile Bank Corp (MBWM, Company) and Esquire Financial Holdings Inc (ESQ, Company).

Both MBWM and ESQ are from the Financial Services sector.

5-Year PerformanceESQ has outperformed MBWM, delivering a return of +39.4% compared to +17.8%

MBWM vs ESQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBWM(COMPANY)	ESQ(COMPANY)
Market Cap	$1.05B	$1.05B
Max Drawdown	93.18%	56.52%
Sharpe Ratio	0.80	0.52
5Y Beta	0.84	0.66
Industry	Banks - Regional	Banks - Regional
P/E Ratio	11.04	20.07
Forward P/E	10.87	N/A
PEG Ratio	0.76	1.69
Dividend Yield	2.69%	0.59%
5Y Dividends CAGR	10.87%	N/A
5Y EPS CAGR	13.38%	26.89%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	4.70%	5.87%
P/S Ratio	3.78	7.45
P/B Ratio	1.40	3.54

Market Cap

Winner

MBWM

$1.05B

ESQ

$1.05B

Max Drawdown

MBWM

93.18%

Winner

ESQ

56.52%

Sharpe Ratio

Winner

MBWM

0.80

ESQ

0.52

5Y Beta

MBWM

0.84

Winner

ESQ

0.66

Industry

MBWM

Banks - Regional

ESQ

Banks - Regional

P/E Ratio

Winner

MBWM

11.04

ESQ

20.07

Forward P/E

MBWM

10.87

ESQ

N/A

PEG Ratio

Winner

MBWM

0.76

ESQ

1.69

Dividend Yield

Winner

MBWM

2.69%

ESQ

0.59%

5Y Dividends CAGR

MBWM

10.87%

ESQ

N/A

5Y EPS CAGR

MBWM

13.38%

Winner

ESQ

26.89%

Debt to Equity

MBWM

0.00%

ESQ

0.00%

Free Cash Flow Yield

MBWM

4.70%

Winner

ESQ

5.87%

P/S Ratio

Winner

MBWM

3.78

ESQ

7.45

P/B Ratio

Winner

MBWM

1.40

ESQ

3.54

MBWM vs ESQ - Historical Returns

Returns include dividend reinvestment.

Period	MBWM	ESQ
1 month	+4.86%	+4.70%
3 months	+16.42%	+14.59%
6 months	+16.18%	+11.44%
1 year	+25.76%	+15.47%
5 years(CAGR)	+17.79%	+39.36%
10 years(CAGR)	+12.73%	+26.09%
Max(CAGR)	+9.19%	+26.09%

Winner

MBWM

+4.86%

ESQ

+4.70%

Winner

MBWM

+16.42%

ESQ

+14.59%

Winner

MBWM

+16.18%

ESQ

+11.44%

Winner

MBWM

+25.76%

ESQ

+15.47%

5Y(CAGR)

MBWM

+17.79%

Winner

ESQ

+39.36%

10Y(CAGR)

MBWM

+12.73%

Winner

ESQ

+26.09%

Max(CAGR)

MBWM

+9.19%

Winner

ESQ

+26.09%

MBWM vs ESQ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MBWM	ESQ
2026	+24.74%	+18.99%
2025	+13.50%	+31.69%
2024	+14.38%	+60.06%
2023	+25.12%	+17.82%
2022	-1.45%	+36.58%
2021	+34.53%	+68.45%
2020	-21.59%	-26.08%
2019	+29.33%	+24.14%
2018	-17.67%	+14.75%
2017	-3.54%	+29.44%
2016	+65.97%	N/A
2015	+22.78%	N/A
2014	+11.11%	N/A
2013	+29.13%	N/A
2012	+66.85%	N/A
2011	+14.84%	N/A
2010	+147.71%	N/A
2009	-30.05%	N/A
2008	-71.65%	N/A
2007	-55.38%	N/A
2006	+8.36%	N/A
2005	+3.12%	N/A
2004	+6.97%	N/A
2003	+64.44%	N/A
2002	+38.69%	N/A
2001	+60.25%	N/A
2000	-7.76%	N/A
1999	-16.06%	N/A

MBWM vs ESQ Drawdown Comparison

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

The maximum drawdown for ESQ was -56.52%, occurring on May 14, 2020. Recovery took 801 trading sessions.

The current MBWM drawdown is -1.98%. The current ESQ drawdown is -4.43%.

Rank	MBWM	ESQ
#1	-92.59% Jul 13, 2005 - Nov 11, 2016	-56.52% Jun 28, 2018 - Sep 2, 2021
#2	-52.14% Dec 17, 2019 - Oct 19, 2021	-24.78% Nov 4, 2022 - Jun 16, 2023
#3	-37.90% Nov 2, 1999 - Jan 11, 2001	-20.68% Jan 31, 2025 - May 8, 2025
#4	-36.05% Jan 25, 2022 - Nov 14, 2023	-20.36% Nov 15, 2021 - Apr 22, 2022
#5	-29.29% Jul 9, 2018 - Dec 16, 2019	-17.48% Jan 29, 2024 - Jul 15, 2024
#6	-25.00% Feb 11, 2025 - Jan 8, 2026	-16.44% Jun 2, 2022 - Aug 12, 2022
#7	-24.92% May 28, 2002 - Dec 17, 2002	-15.43% Feb 3, 2026 - Jun 26, 2026
#8	-22.44% Dec 20, 2016 - Nov 29, 2017	-15.42% Jul 26, 2023 - Jan 26, 2024
#9	-20.60% Jan 5, 2004 - Nov 11, 2004	-12.32% Feb 1, 2018 - Apr 2, 2018
#10	-19.38% Jan 30, 2024 - Jul 11, 2024	-11.67% Sep 23, 2025 - Dec 10, 2025
#11	-19.02% Aug 13, 2001 - Jan 15, 2002	-11.25% Jul 24, 2025 - Sep 23, 2025
#12	-17.93% Nov 6, 2024 - Feb 11, 2025	-10.75% Aug 19, 2022 - Oct 18, 2022
#13	-17.66% Jul 26, 2024 - Nov 6, 2024	-10.25% Jul 31, 2024 - Aug 30, 2024
#14	-13.14% Feb 11, 2005 - Jun 17, 2005	-9.95% Dec 4, 2017 - Jan 26, 2018
#15	-11.95% Nov 29, 2017 - Jun 4, 2018	-9.31% Apr 25, 2022 - May 31, 2022

Correlation

Correlation between MBWM and ESQ is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2003 - 2026)

MBWM vs ESQ dividend yield comparison.

Year	MBWM	ESQ
2026	1.33%	0.33%
2025	3.12%	0.69%
2024	3.19%	0.75%
2023	3.32%	0.95%
2022	3.76%	0.65%
2021	3.37%	0.00%
2020	4.12%	0.00%
2019	2.91%	0.00%
2018	3.29%	0.00%
2017	2.09%	0.00%
2016	3.08%	0.00%
2015	2.36%	0.00%
2014	11.80%	0.00%
2013	2.09%	0.00%
2012	0.55%	0.00%
2010	0.12%	0.00%
2009	2.27%	0.00%
2008	7.21%	0.00%
2007	3.57%	0.00%
2006	1.32%	0.00%
2005	1.09%	0.00%
2004	0.91%	0.00%
2003	0.88%	0.00%