Mercantile Bank Corporation (MBWM) vs Oaktree Specialty Lending Corporation (OCSL)

A side-by-side comparison of Mercantile Bank Corporation and Oaktree Specialty Lending 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.

Compare

Total return — MBWM vs OCSL

growth of $100 · dividends reinvested · last 10y
MBWM +214.6% (+12.1%/yr)OCSL +84.2% (+6.3%/yr)MBWM compounded faster over this window
100200300Start $10020182020202220242026$315$184
MBWM OCSL

MBWM vs OCSL: by the numbers

  • •OCSL is the larger company ($1.04B vs $1.02B market cap).
  • •MBWM trades at the lower trailing earnings multiple (10.41 vs 24.37 P/E), one valuation lens rather than an overall verdict.
  • •MBWM converts more revenue to profit (24.79% vs 15.13% net margin).
  • •OCSL grew revenue faster over the past five years (30.70% vs 14.13% CAGR).
  • •OCSL pays the higher dividend yield (12.40% vs 2.63%).

Metrics side by side

Valuation

MetricMBWMOCSL
P/E ratio10.4124.37
Forward P/E10.678.66
PEG ratio0.69N/A
P/S ratio2.663.72
P/B ratio1.350.75

Profitability

MetricMBWMOCSL
Gross marginN/A80.54%
Operating margin28.78%44.09%
Net margin24.79%15.13%
ROE12.61%3.05%

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

MetricMBWMOCSL
Dividend yield2.63%12.40%
Payout ratio27.46%303.91%

Growth (annualized)

MetricMBWMOCSL
Revenue CAGR (5Y)14.13%30.70%
EPS CAGR (5Y)15.04%-14.02%
Total return CAGR (5Y)16.02%0.13%

Frequently asked

Which has the lower trailing P/E, MBWM or OCSL?
MBWM has the lower trailing P/E: MBWM trades at 10.41 and OCSL at 24.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MBWM or OCSL?
Over the past five years, OCSL grew revenue faster — MBWM at a 14.13% CAGR versus OCSL at 30.70%.
Does MBWM or OCSL pay a bigger dividend?
MBWM yields 2.63% and OCSL yields 12.40% based on trailing dividends and the latest price.
Is MBWM or OCSL more profitable?
MBWM runs the higher net margin — MBWM at 24.79% versus OCSL at 15.13%.
How have MBWM and OCSL total returns compared?
Over the past 10 years, MBWM delivered 12.20% and OCSL delivered 6.24% annualized total return. Past performance doesn't predict future results.

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.