Mercantile Bank Corporation (MBWM) vs OceanFirst Financial Corp. (OCFC)
A side-by-side comparison of Mercantile Bank Corporation and OceanFirst Financial Corp. 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.
Total return — MBWM vs OCFC
growth of $100 · dividends reinvested · last 10yMBWM vs OCFC: by the numbers
- •MBWM is the larger company ($1.02B vs $1.02B market cap).
- •MBWM trades at the lower trailing earnings multiple (10.38 vs 19.90 P/E), one valuation lens rather than an overall verdict.
- •MBWM converts more revenue to profit (24.79% vs 6.77% net margin).
- •MBWM grew revenue faster over the past five years (14.13% vs 11.24% CAGR).
- •OCFC pays the higher dividend yield (4.76% vs 2.63%).
Metrics side by side
Valuation
| Metric | MBWM | OCFC |
|---|---|---|
| P/E ratio | 10.38 | 19.90 |
| Forward P/E | 10.64 | 9.57 |
| PEG ratio | 0.69 | 7.16 |
| P/S ratio | 2.65 | 1.44 |
| P/B ratio | 1.35 | 0.42 |
Profitability
| Metric | MBWM | OCFC |
|---|---|---|
| Operating margin | 28.78% | 9.04% |
| Net margin | 24.79% | 6.77% |
| ROE | 12.61% | 1.99% |
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.
OceanFirst Financial Corp.: 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 | MBWM | OCFC |
|---|---|---|
| Dividend yield | 2.63% | 4.76% |
| Payout ratio | 27.46% | 94.46% |
Growth (annualized)
| Metric | MBWM | OCFC |
|---|---|---|
| Revenue CAGR (5Y) | 14.13% | 11.24% |
| EPS CAGR (5Y) | 15.04% | 2.78% |
| Total return CAGR (5Y) | 16.02% | -0.94% |
Frequently asked
- Which has the lower trailing P/E, MBWM or OCFC?
- MBWM has the lower trailing P/E: MBWM trades at 10.38 and OCFC at 19.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MBWM or OCFC?
- Over the past five years, MBWM grew revenue faster — MBWM at a 14.13% CAGR versus OCFC at 11.24%.
- Does MBWM or OCFC pay a bigger dividend?
- MBWM yields 2.63% and OCFC yields 4.76% based on trailing dividends and the latest price.
- Is MBWM or OCFC more profitable?
- MBWM runs the higher net margin — MBWM at 24.79% versus OCFC at 6.77%.
- How have MBWM and OCFC total returns compared?
- Over the past 10 years, MBWM delivered 12.20% and OCFC delivered 2.26% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Mercantile Bank & OceanFirst Financial appear in these rankings
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.