HSBC vs MBWM: Which Is the Better Dividend Stock?
As of September 2026, HSBC and MBWM are closely matched. HSBC offers the higher yield at 3.68%, MBWM has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+36%).
| Metric | HSBC | MBWM |
|---|---|---|
| Forward yield | 3.68% | 2.60% |
| Annual dividend | $3.75 | $1.56 |
| Payout ratio | 54% | 27% |
| Years of growth | 0 yr | 14 yr |
| 5-yr dividend growth | -13.8% | 6.0% |
| 5-yr total return | 239% | 75% |
| Dividend safety score | 72 (B) | 84 (A) |
| Fair value estimate | $138.49 | $78.17 |
| Upside to fair value | +36% | +30% |
| Frequency | quarterly | quarterly |
| Market cap | $348.5B | $1.0B |
| P/E ratio | 14.5 | 10.6 |
Higher yield
HSBC
3.68%
Safer dividend
MBWM
Grade A
Faster growth
MBWM
6.0%
Better value
HSBC
+36% upside
HSBC vs MBWM — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.