MBWM vs LPTH

Comparison between Mercantile Bank Corp (MBWM, Company) and Lightpath Technologies Inc - Class A (LPTH, Company).

MBWM is from the Financial Services sector, while LPTH is from the Technology sector.

5-Year PerformanceLPTH has outperformed MBWM, delivering a return of +43.6% compared to +16.7%

MBWM vs LPTH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBWM(COMPANY)	LPTH(COMPANY)
Market Cap	$928M	$927M
Max Drawdown	93.18%	99.65%
Sharpe Ratio	0.96	1.96
5Y Beta	0.84	1.54
Industry	Banks - Regional	Electronic Components
P/E Ratio	10.03	-32.13
Forward P/E	10.87	217.39
PEG Ratio	0.58	-0.39
Dividend Yield	2.80%	N/A
5Y Dividends CAGR	10.87%	N/A
5Y EPS CAGR	13.92%	N/A
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	5.31%	-1.11%

Market Cap

Winner

MBWM

$928M

LPTH

$927M

Max Drawdown

Winner

MBWM

93.18%

LPTH

99.65%

Sharpe Ratio

MBWM

0.96

Winner

LPTH

1.96

5Y Beta

Winner

MBWM

0.84

LPTH

1.54

Industry

MBWM

Banks - Regional

LPTH

Electronic Components

P/E Ratio

MBWM

10.03

Winner

LPTH

-32.13

Forward P/E

Winner

MBWM

10.87

LPTH

217.39

PEG Ratio

MBWM

0.58

Winner

LPTH

-0.39

Dividend Yield

MBWM

2.80%

LPTH

N/A

5Y Dividends CAGR

MBWM

10.87%

LPTH

N/A

5Y EPS CAGR

MBWM

13.92%

LPTH

N/A

Debt to Equity

MBWM

0.00%

LPTH

0.00%

Free Cash Flow Yield

Winner

MBWM

5.31%

LPTH

-1.11%

MBWM vs LPTH - Historical Returns

Returns include dividend reinvestment.

Period	MBWM	LPTH
1 month	+5.76%	+21.78%
3 months	+9.06%	+29.82%
6 months	+9.99%	+111.00%
1 year	+27.28%	+415.31%
5 years(CAGR)	+16.68%	+43.62%
10 years(CAGR)	+12.47%	+23.40%
Max(CAGR)	+8.88%	+5.07%

MBWM

+5.76%

Winner

LPTH

+21.78%

MBWM

+9.06%

Winner

LPTH

+29.82%

MBWM

+9.99%

Winner

LPTH

+111.00%

MBWM

+27.28%

Winner

LPTH

+415.31%

5Y(CAGR)

MBWM

+16.68%

Winner

LPTH

+43.62%

10Y(CAGR)

MBWM

+12.47%

Winner

LPTH

+23.40%

Max(CAGR)

Winner

MBWM

+8.88%

LPTH

+5.07%

MBWM vs LPTH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MBWM	LPTH
2026	+14.61%	+29.27%
2025	+13.50%	+184.96%
2024	+14.38%	+179.05%
2023	+25.12%	+5.00%
2022	-1.45%	-51.97%
2021	+34.53%	-35.62%
2020	-21.59%	+440.62%
2019	+29.33%	-52.61%
2018	-17.67%	-35.22%
2017	-3.54%	+46.05%
2016	+65.97%	-50.64%
2015	+22.78%	+217.98%
2014	+11.11%	-32.61%
2013	+29.13%	+47.83%
2012	+66.85%	-18.75%
2011	+14.84%	-45.13%
2010	+147.71%	+11.72%
2009	-30.05%	+119.48%
2008	-71.65%	-62.44%
2007	-55.38%	-58.47%
2006	+8.36%	+160.77%
2005	+3.12%	-60.73%
2004	+6.97%	+63.33%
2003	+64.44%	+812.90%
2002	+38.69%	-91.40%
2001	+60.25%	-69.48%
2000	-7.76%	-32.29%
1999	-16.06%	+360.34%

MBWM vs LPTH Drawdown Comparison

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

The maximum drawdown for LPTH was -99.65%, occurring on Feb 26, 2003. This drawdown has not yet recovered.

The current MBWM drawdown is -2.63%. The current LPTH drawdown is -76.80%.

Rank	MBWM	LPTH
#1	-92.59% Jul 13, 2005 - Nov 11, 2016	-99.65% Mar 7, 2000 - Feb 26, 2003
#2	-52.14% Dec 17, 2019 - Oct 19, 2021	-23.95% Jan 5, 2000 - Jan 18, 2000
#3	-37.90% Nov 2, 1999 - Jan 11, 2001	-23.03% Jan 24, 2000 - Feb 7, 2000
#4	-36.05% Jan 25, 2022 - Nov 14, 2023	-22.07% Dec 13, 1999 - Dec 30, 1999
#5	-29.29% Jul 9, 2018 - Dec 16, 2019	-19.93% Nov 26, 1999 - Dec 9, 1999
#6	-25.00% Feb 11, 2025 - Jan 8, 2026	-14.00% Nov 16, 1999 - Nov 23, 1999
#7	-24.92% May 28, 2002 - Dec 17, 2002	-12.78% Jan 3, 2000 - Jan 5, 2000
#8	-22.44% Dec 20, 2016 - Nov 29, 2017	-12.02% Feb 7, 2000 - Feb 18, 2000
#9	-20.60% Jan 5, 2004 - Nov 11, 2004	-7.64% Nov 1, 1999 - Nov 4, 1999
#10	-19.38% Jan 30, 2024 - Jul 11, 2024	-5.89% Feb 28, 2000 - Mar 6, 2000
#11	-19.02% Aug 13, 2001 - Jan 15, 2002	-5.44% Nov 8, 1999 - Nov 15, 1999
#12	-17.93% Nov 6, 2024 - Feb 11, 2025	-2.81% Feb 24, 2000 - Feb 28, 2000
#13	-17.66% Jul 26, 2024 - Nov 6, 2024	-0.55% Jan 18, 2000 - Jan 20, 2000
#14	-13.14% Feb 11, 2005 - Jun 17, 2005	-0.52% Dec 9, 1999 - Dec 13, 1999
#15	-11.95% Nov 29, 2017 - Jun 4, 2018	N/A