MBWM vs GSHD

Comparison between Mercantile Bank Corp (MBWM, Company) and Goosehead Insurance Inc - Class A (GSHD, Company).

Both MBWM and GSHD are from the Financial Services sector.

5-Year PerformanceMBWM has outperformed GSHD, delivering a return of +15.5% compared to -16.2%

MBWM vs GSHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBWM(COMPANY)	GSHD(COMPANY)
Market Cap	$939M	$937M
Max Drawdown	93.18%	83.41%
Sharpe Ratio	0.90	-1.70
5Y Beta	0.85	0.60
Industry	Banks - Regional	Insurance Brokers
P/E Ratio	10.14	47.41
Forward P/E	10.87	17.61
PEG Ratio	0.59	N/A
Dividend Yield	2.80%	N/A
5Y Dividends CAGR	10.87%	70.51%
5Y EPS CAGR	13.92%	N/A
Debt to Equity	0.00%	-262.15%
Free Cash Flow Yield	5.24%	9.86%
P/S Ratio	3.68	3.60
P/B Ratio	1.26	54.16

Market Cap

Winner

MBWM

$939M

GSHD

$937M

Max Drawdown

MBWM

93.18%

Winner

GSHD

83.41%

Sharpe Ratio

Winner

MBWM

0.90

GSHD

-1.70

5Y Beta

MBWM

0.85

Winner

GSHD

0.60

Industry

MBWM

Banks - Regional

GSHD

Insurance Brokers

P/E Ratio

Winner

MBWM

10.14

GSHD

47.41

Forward P/E

Winner

MBWM

10.87

GSHD

17.61

PEG Ratio

MBWM

0.59

GSHD

N/A

Dividend Yield

MBWM

2.80%

GSHD

N/A

5Y Dividends CAGR

MBWM

10.87%

Winner

GSHD

70.51%

5Y EPS CAGR

MBWM

13.92%

GSHD

N/A

Debt to Equity

MBWM

0.00%

Winner

GSHD

-262.15%

Free Cash Flow Yield

MBWM

5.24%

Winner

GSHD

9.86%

P/S Ratio

MBWM

3.68

Winner

GSHD

3.60

P/B Ratio

Winner

MBWM

1.26

GSHD

54.16

MBWM vs GSHD - Historical Returns

Returns include dividend reinvestment.

Period	MBWM	GSHD
1 month	+8.46%	-7.14%
3 months	+11.06%	-16.24%
6 months	+13.07%	-52.69%
1 year	+27.16%	-65.98%
5 years(CAGR)	+15.55%	-16.17%
10 years(CAGR)	+12.47%	+12.35%
Max(CAGR)	+8.99%	+12.35%

Winner

MBWM

+8.46%

GSHD

-7.14%

Winner

MBWM

+11.06%

GSHD

-16.24%

Winner

MBWM

+13.07%

GSHD

-52.69%

Winner

MBWM

+27.16%

GSHD

-65.98%

5Y(CAGR)

Winner

MBWM

+15.55%

GSHD

-16.17%

10Y(CAGR)

Winner

MBWM

+12.47%

GSHD

+12.35%

Max(CAGR)

MBWM

+8.99%

Winner

GSHD

+12.35%

MBWM vs GSHD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MBWM	GSHD
2026	+17.70%	-47.52%
2025	+13.50%	-26.10%
2024	+14.38%	+45.66%
2023	+25.12%	+115.04%
2022	-1.45%	-73.63%
2021	+34.53%	-0.07%
2020	-21.59%	+186.84%
2019	+29.33%	+71.90%
2018	-17.67%	+66.92%
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 GSHD Drawdown Comparison

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

The maximum drawdown for GSHD was -83.41%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current GSHD drawdown is -78.08%.

Rank	MBWM	GSHD
#1	-92.59% Jul 13, 2005 - Nov 11, 2016	-83.41% Oct 11, 2021 - Oct 14, 2022
#2	-52.14% Dec 17, 2019 - Oct 19, 2021	-53.01% Feb 19, 2021 - Oct 8, 2021
#3	-37.90% Nov 2, 1999 - Jan 11, 2001	-39.72% Sep 14, 2018 - May 16, 2019
#4	-36.05% Jan 25, 2022 - Nov 14, 2023	-37.76% Mar 4, 2020 - Jun 3, 2020
#5	-29.29% Jul 9, 2018 - Dec 16, 2019	-30.71% Sep 2, 2020 - Oct 30, 2020
#6	-25.00% Feb 11, 2025 - Jan 8, 2026	-23.68% Oct 31, 2019 - Jan 29, 2020
#7	-24.92% May 28, 2002 - Dec 17, 2002	-15.74% Jun 26, 2018 - Jul 17, 2018
#8	-22.44% Dec 20, 2016 - Nov 29, 2017	-13.64% Nov 19, 2020 - Jan 4, 2021
#9	-20.60% Jan 5, 2004 - Nov 11, 2004	-13.24% Jul 3, 2019 - Oct 30, 2019
#10	-19.38% Jan 30, 2024 - Jul 11, 2024	-13.17% Jan 20, 2021 - Feb 4, 2021
#11	-19.02% Aug 13, 2001 - Jan 15, 2002	-12.50% May 20, 2019 - Jun 14, 2019
#12	-17.93% Nov 6, 2024 - Feb 11, 2025	-11.95% Aug 5, 2020 - Sep 1, 2020
#13	-17.66% Jul 26, 2024 - Nov 6, 2024	-10.56% Jul 19, 2018 - Aug 29, 2018
#14	-13.14% Feb 11, 2005 - Jun 17, 2005	-10.26% Nov 2, 2020 - Nov 19, 2020
#15	-11.95% Nov 29, 2017 - Jun 4, 2018	-10.19% Sep 4, 2018 - Sep 11, 2018

Correlation

Correlation between MBWM and GSHD is 0.13 which considered as a very weak or no correlation - the stocks move independently of each other.

0.13

-101

Dividend Comparison (2003 - 2026)

MBWM vs GSHD dividend yield comparison.

Year	MBWM	GSHD
2026	1.41%	0.00%
2025	3.12%	8.02%
2024	3.19%	0.00%
2023	3.32%	0.00%
2022	3.76%	0.00%
2021	3.37%	1.25%
2020	4.12%	1.26%
2019	2.91%	0.97%
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%