MBWM vs GAINN

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

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

MBWM vs GAINN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

MBWM

$998M

Winner

GAINN

$1B

Max Drawdown

MBWM

93.18%

Winner

GAINN

14.58%

Sharpe Ratio

Winner

MBWM

0.71

GAINN

0.20

5Y Beta

MBWM

0.83

GAINN

N/A

Industry

MBWM

Banks - Regional

GAINN

N/A

P/E Ratio

MBWM

10.78

Winner

GAINN

5.40

Forward P/E

MBWM

10.87

GAINN

N/A

PEG Ratio

MBWM

0.62

Winner

GAINN

0.03

Dividend Yield

MBWM

2.65%

Winner

GAINN

4.49%

5Y Dividends CAGR

MBWM

10.87%

Winner

GAINN

43.58%

5Y EPS CAGR

MBWM

13.92%

GAINN

N/A

Debt to Equity

Winner

MBWM

0.00%

GAINN

84.47%

Free Cash Flow Yield

Winner

MBWM

4.93%

GAINN

-10.15%

MBWM vs GAINN - Historical Returns

Returns include dividend reinvestment.

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

Winner

MBWM

+7.50%

GAINN

+0.89%

Winner

MBWM

+9.78%

GAINN

+1.53%

Winner

MBWM

+16.27%

GAINN

+1.39%

Winner

MBWM

+24.71%

GAINN

+5.02%

5Y(CAGR)

Winner

MBWM

+17.92%

GAINN

+4.28%

10Y(CAGR)

MBWM

+12.59%

GAINN

N/A

Max(CAGR)

Winner

MBWM

+9.15%

GAINN

+4.57%

MBWM vs GAINN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MBWM	GAINN
2026	+23.23%	+1.34%
2025	+13.50%	+7.27%
2024	+14.38%	+9.25%
2023	+25.12%	+8.56%
2022	-1.45%	-6.37%
2021	+34.53%	+4.53%
2020	-21.59%	N/A
2019	+29.33%	N/A
2018	-17.67%	N/A
2017	-3.54%	N/A
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 GAINN Drawdown Comparison

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

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

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

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

Correlation

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

0.93

-101

Dividend Comparison (2003 - 2026)

MBWM vs GAINN dividend yield comparison.

Year	MBWM	GAINN
2026	1.35%	1.25%
2025	3.12%	4.97%
2024	3.19%	5.03%
2023	3.32%	5.21%
2022	3.76%	5.43%
2021	3.37%	3.20%
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%