MSEX vs MBWM
Comparison between Middlesex Water Company (MSEX, Company) and Mercantile Bank Corp (MBWM, Company).
MSEX is from the Utilities sector, while MBWM is from the Financial Services sector.
5-Year PerformanceMBWM has outperformed MSEX, delivering a return of +17.8% compared to -8.4%
MSEX vs MBWM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MSEX vs MBWM - Historical Returns
Returns include dividend reinvestment.
MSEX vs MBWM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MSEX | MBWM |
|---|---|---|
| 2026 | +13.31% | +24.74% |
| 2025 | +0.70% | +13.50% |
| 2024 | -16.86% | +14.38% |
| 2023 | -16.67% | +25.12% |
| 2022 | -33.11% | -1.45% |
| 2021 | +71.90% | +34.53% |
| 2020 | +18.30% | -21.59% |
| 2019 | +24.64% | +29.33% |
| 2018 | +39.40% | -17.67% |
| 2017 | -1.19% | -3.54% |
| 2016 | +68.18% | +65.97% |
| 2015 | +20.07% | +22.78% |
| 2014 | +16.28% | +11.11% |
| 2013 | +8.61% | +29.13% |
| 2012 | +7.82% | +66.85% |
| 2011 | +4.70% | +14.84% |
| 2010 | +6.79% | +147.71% |
| 2009 | +6.64% | -30.05% |
| 2008 | -4.65% | -71.65% |
| 2007 | +4.85% | -55.38% |
| 2006 | +10.48% | +8.36% |
| 2005 | -4.36% | +3.12% |
| 2004 | -4.50% | +6.97% |
| 2003 | +30.48% | +64.44% |
| 2002 | -4.97% | +38.69% |
| 2001 | +10.20% | +60.25% |
| 2000 | +11.93% | -7.76% |
| 1999 | +2.54% | -16.06% |
MSEX vs MBWM Drawdown Comparison
The maximum drawdown for MSEX was -60.52%, occurring on Apr 16, 2024. This drawdown has not yet recovered.
The maximum drawdown for MBWM was -92.59%, occurring on Jun 24, 2009. Recovery took 2855 trading sessions.
The current MSEX drawdown is -48.84%. The current MBWM drawdown is -1.98%.
| Rank | MSEX | MBWM |
|---|---|---|
| #1 | -60.52% Dec 31, 2021 - Apr 16, 2024 | -92.59% Jul 13, 2005 - Nov 11, 2016 |
| #2 | -41.83% Jul 28, 2005 - Dec 14, 2010 | -52.14% Dec 17, 2019 - Oct 19, 2021 |
| #3 | -28.80% Feb 18, 2020 - Jun 3, 2020 | -37.90% Nov 2, 1999 - Jan 11, 2001 |
| #4 | -25.61% Nov 24, 1999 - Dec 22, 2000 | -36.05% Jan 25, 2022 - Nov 14, 2023 |
| #5 | -25.15% Nov 29, 2017 - Jul 19, 2018 | -29.29% Jul 9, 2018 - Dec 16, 2019 |
| #6 | -24.96% May 3, 2002 - Jul 15, 2003 | -25.00% Feb 11, 2025 - Jan 8, 2026 |
| #7 | -23.96% Dec 12, 2016 - Oct 11, 2017 | -24.92% May 28, 2002 - Dec 17, 2002 |
| #8 | -23.95% Jul 5, 2016 - Dec 8, 2016 | -22.44% Dec 20, 2016 - Nov 29, 2017 |
| #9 | -21.90% Apr 12, 2004 - Jul 12, 2005 | -20.60% Jan 5, 2004 - Nov 11, 2004 |
| #10 | -20.49% Feb 8, 2021 - May 25, 2021 | -19.38% Jan 30, 2024 - Jul 11, 2024 |
| #11 | -15.93% Dec 14, 2018 - Feb 22, 2019 | -19.02% Aug 13, 2001 - Jan 15, 2002 |
| #12 | -15.16% Jun 15, 2020 - Nov 10, 2020 | -17.93% Nov 6, 2024 - Feb 11, 2025 |
| #13 | -14.88% Jul 29, 2003 - Nov 12, 2003 | -17.66% Jul 26, 2024 - Nov 6, 2024 |
| #14 | -12.71% Sep 8, 2021 - Dec 29, 2021 | -13.14% Feb 11, 2005 - Jun 17, 2005 |
| #15 | -12.58% Jun 7, 2001 - Jan 17, 2002 | -11.95% Nov 29, 2017 - Jun 4, 2018 |
Correlation
Correlation between MSEX and MBWM is 0.74 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
MSEX vs MBWM dividend yield comparison.
| Year | MSEX | MBWM |
|---|---|---|
| 2026 | 1.28% | 1.33% |
| 2025 | 2.74% | 3.12% |
| 2024 | 2.50% | 3.19% |
| 2023 | 1.92% | 3.32% |
| 2022 | 1.50% | 3.76% |
| 2021 | 1.16% | 3.37% |
| 2020 | 1.44% | 4.12% |
| 2019 | 1.54% | 2.91% |
| 2018 | 1.71% | 3.29% |
| 2017 | 2.15% | 2.09% |
| 2016 | 1.88% | 3.08% |
| 2015 | 2.93% | 2.36% |
| 2014 | 3.31% | 11.80% |
| 2013 | 3.59% | 2.09% |
| 2012 | 3.80% | 0.55% |
| 2011 | 3.93% | 0.00% |
| 2010 | 3.94% | 0.12% |
| 2009 | 4.04% | 2.27% |
| 2008 | 4.08% | 7.21% |
| 2007 | 3.65% | 3.57% |
| 2006 | 3.64% | 1.32% |
| 2005 | 3.88% | 1.09% |
| 2004 | 3.50% | 0.91% |
| 2003 | 2.99% | 0.88% |
| 2002 | 4.03% | 0.00% |
| 2001 | 3.67% | 0.00% |
| 2000 | 3.63% | 0.00% |
| 1999 | 0.95% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks