Which has the lower trailing P/E, FSBC or MBWM?

MBWM has the lower trailing P/E: FSBC trades at 12.85 and MBWM at 10.39. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FSBC or MBWM?

Over the past five years, FSBC grew revenue faster — FSBC at a 26.69% CAGR versus MBWM at 14.13%.

Does FSBC or MBWM pay a bigger dividend?

FSBC yields 2.19% and MBWM yields 2.63% based on trailing dividends and the latest price.

Is FSBC or MBWM more profitable?

FSBC runs the higher net margin — FSBC at 25.88% versus MBWM at 24.79%.

How have FSBC and MBWM total returns compared?

Over the past 10 years, FSBC delivered 14.90% and MBWM delivered 12.20% annualized total return. Past performance doesn't predict future results.

Five Star Bancorp (FSBC) vs Mercantile Bank Corporation (MBWM)

A side-by-side comparison of Five Star Bancorp and Mercantile Bank Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

FSBC

Five Star Bancorp

$1.05B

$43.43Financial ServicesDelayed quote: Oct 6, 2026, 1:49 PM EDT

MBWM

Mercantile Bank Corporation

$1.02B

$59.00Financial ServicesDelayed quote: Oct 6, 2026, 1:49 PM EDT

Total return — FSBC vs MBWM

growth of $100 · dividends reinvested · last 10y

FSBC +301.1% (+14.9%/yr)MBWM +220.0% (+12.3%/yr)FSBC compounded faster over this window

FSBC MBWM

FSBC vs MBWM: by the numbers

•FSBC is the larger company ($1.05B vs $1.02B market cap).
•MBWM trades at the lower trailing earnings multiple (10.39 vs 12.85 P/E), one valuation lens rather than an overall verdict.
•FSBC converts more revenue to profit (25.88% vs 24.79% net margin).
•FSBC grew revenue faster over the past five years (26.69% vs 14.13% CAGR).
•MBWM pays the higher dividend yield (2.63% vs 2.19%).

Metrics side by side

Valuation

Metric	FSBC	MBWM
P/E ratio	12.85	10.39
Forward P/E	12.41	10.65
PEG ratio	2.30	0.69
P/S ratio	3.76	2.65
P/B ratio	2.21	1.35

Profitability

Metric	FSBC	MBWM
Operating margin	34.63%	28.78%
Net margin	25.88%	24.79%
ROE	15.20%	12.61%

Five Star Bancorp: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Mercantile Bank Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	FSBC	MBWM
Dividend yield	2.19%	2.63%
Payout ratio	28.11%	27.46%

Growth (annualized)

Metric	FSBC	MBWM
Revenue CAGR (5Y)	26.69%	14.13%
EPS CAGR (5Y)	5.59%	15.04%
Total return CAGR (5Y)	15.10%	16.02%

Frequently asked

Which has the lower trailing P/E, FSBC or MBWM?: MBWM has the lower trailing P/E: FSBC trades at 12.85 and MBWM at 10.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FSBC or MBWM?: Over the past five years, FSBC grew revenue faster — FSBC at a 26.69% CAGR versus MBWM at 14.13%.
Does FSBC or MBWM pay a bigger dividend?: FSBC yields 2.19% and MBWM yields 2.63% based on trailing dividends and the latest price.
Is FSBC or MBWM more profitable?: FSBC runs the higher net margin — FSBC at 25.88% versus MBWM at 24.79%.
How have FSBC and MBWM total returns compared?: Over the past 10 years, FSBC delivered 14.90% and MBWM delivered 12.20% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FSBC analysis Full MBWM analysis Interactive comparison tool

Dig into the metrics

Five Star Bancorp P/E ratio Mercantile Bank P/E ratio Five Star Bancorp dividend yield Mercantile Bank dividend yield Five Star Bancorp ROE Mercantile Bank ROE Five Star Bancorp operating margin Mercantile Bank operating margin Five Star Bancorp revenue growth Mercantile Bank revenue growth

Five Star Bancorp & Mercantile Bank appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.