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MBWM vs NRK

MBWM
Mercantile Bank Corporation
NEUTRAL
Price
$53.26
Market Cap
$920.0M
Sector
Financial Services
AI Confidence
80%
NRK
Nuveen New York AMT-Free Quality Municipal Income Fund
NEUTRAL
Price
$10.57
Market Cap
$922.1M
Sector
Financial Services
AI Confidence
80%

Valuation

P/E Ratio
MBWM
9.83
NRK
--
Forward P/E
MBWM
8.93
NRK
--
P/B Ratio
MBWM
1.26
NRK
1.03
P/S Ratio
MBWM
3.86
NRK
12.02
EV/EBITDA
MBWM
--
NRK
--

Profitability

Gross Margin
MBWM
0.0%
NRK
100.0%
Operating Margin
MBWM
48.09%
NRK
80.32%
Profit Margin
MBWM
37.22%
NRK
-100.44%
ROE
MBWM
13.56%
NRK
--
ROA
MBWM
1.38%
NRK
--

Growth

Revenue Growth
MBWM
9.7%
NRK
--
Earnings Growth
MBWM
16.1%
NRK
--

Financial Health

Debt/Equity
MBWM
--
NRK
0.75
Current Ratio
MBWM
--
NRK
1.05
Quick Ratio
MBWM
--
NRK
1.05

Dividends

Dividend Yield
MBWM
2.9%
NRK
7.83%
Payout Ratio
MBWM
27.42%
NRK
53.81%

AI Verdict

MBWM NEUTRAL

MBWM presents a stark contrast between deep value and deteriorating operational health. While the stock trades significantly below its Graham Number ($71.73) and Intrinsic Value ($159.89), the Piotroski F-Score of 3/9 indicates weak financial health and potential fundamental decay. Despite a stellar 25-quarter track record of earnings beats and solid YoY growth, the bearish technical trend and insider selling suggest a lack of immediate catalyst for a price correction toward fair value.

Strengths
Significant undervaluation relative to Graham Number ($71.73) and Intrinsic Value ($159.89)
Exceptional earnings track record with consistent beats over 25 quarters
Strong profitability with a 37.22% profit margin and 13.56% ROE
Risks
Weak operational health as indicated by a Piotroski F-Score of 3/9
Strongly bearish technical trend (10/100)
Bearish insider sentiment with net selling activity
NRK NEUTRAL

NRK exhibits a weak deterministic health profile with a Piotroski F-Score of 3/9, indicating significant fundamental fragility. While the fund maintains an attractive dividend yield of 7.83% and trades near its book value (P/B 1.03), the extreme negative profit margin (-100.44%) and a bearish technical trend (10/100) offset the income appeal. The asset behaves as a typical municipal closed-end fund where income is prioritized over growth, but the low insider sentiment and poor health score suggest caution.

Strengths
Strong dividend yield of 7.83% providing consistent income
Fair valuation trading closely to book value (P/B 1.03)
Positive long-term price performance (1Y +14.8%, 3Y +25.8%)
Risks
Weak fundamental health as evidenced by a Piotroski F-Score of 3/9
Severe negative profit margin (-100.44%) indicating operational inefficiency or structural losses
Strongly bearish technical trend (10/100) despite recent price gains

Compare Another Pair

MBWM vs NRK: Head-to-Head Comparison

This page compares Mercantile Bank Corporation (MBWM) and Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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