PE ratio relative to earnings growth — is the valuation justified?
| Symbol | Company | PEG | P/E | Growth | vs HBNC |
|---|---|---|---|---|---|
| FBIZ | First Business Financial Services, Inc. | 0.38 | 9.6 | 25.2% | — |
| MBWM | Mercantile Bank Corporation | 0.68 | 10.2 | 15.0% | — |
| HFWA | Heritage Financial Corporation | 1.55 | 14.1 | 9.1% | — |
| GSBC | Great Southern Bancorp, Inc. | 1.62 | 13.1 | 8.1% | — |
| GABC | German American Bancorp, Inc. | 2.28 | 12.6 | 5.5% | — |