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Merchants Bancorp (MBIN) Competitors

Merchants Bancorp logo
$45.99 0.00 (0.00%)
Closing price 05/22/2026 04:00 PM Eastern
Extended Trading
$45.98 -0.01 (-0.01%)
As of 05/22/2026 04:24 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

MBIN vs. BUSE, CATY, FFBC, FULT, and HOPE

Should you buy Merchants Bancorp stock or one of its competitors? MarketBeat compares Merchants Bancorp with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Merchants Bancorp include First Busey (BUSE), Cathay General Bancorp (CATY), First Financial Bancorp. (FFBC), Fulton Financial (FULT), and Hope Bancorp (HOPE). These companies are all part of the "finance" sector.

How does Merchants Bancorp compare to First Busey?

Merchants Bancorp (NASDAQ:MBIN) and First Busey (NASDAQ:BUSE) are both mid-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends, profitability and media sentiment.

In the previous week, Merchants Bancorp had 8 more articles in the media than First Busey. MarketBeat recorded 11 mentions for Merchants Bancorp and 3 mentions for First Busey. First Busey's average media sentiment score of 1.23 beat Merchants Bancorp's score of 0.29 indicating that First Busey is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merchants Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Busey
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Merchants Bancorp pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.8%. Merchants Bancorp pays out 10.7% of its earnings in the form of a dividend. First Busey pays out 46.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Merchants Bancorp has raised its dividend for 8 consecutive years and First Busey has raised its dividend for 10 consecutive years. First Busey is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

First Busey has a net margin of 19.16% compared to Merchants Bancorp's net margin of 16.64%. Merchants Bancorp's return on equity of 13.40% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
Merchants Bancorp16.64% 13.40% 1.17%
First Busey 19.16%10.19%1.36%

Merchants Bancorp presently has a consensus target price of $50.50, indicating a potential upside of 9.81%. First Busey has a consensus target price of $27.50, indicating a potential upside of 1.55%. Given Merchants Bancorp's stronger consensus rating and higher possible upside, equities research analysts plainly believe Merchants Bancorp is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
First Busey
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

24.6% of Merchants Bancorp shares are held by institutional investors. Comparatively, 56.5% of First Busey shares are held by institutional investors. 44.9% of Merchants Bancorp shares are held by insiders. Comparatively, 3.8% of First Busey shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Merchants Bancorp has higher revenue and earnings than First Busey. Merchants Bancorp is trading at a lower price-to-earnings ratio than First Busey, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merchants Bancorp$1.37B1.55$218.77M$4.1011.22
First Busey$1.04B2.19$135.26M$2.2512.04

Merchants Bancorp has a beta of 1.16, indicating that its stock price is 16% more volatile than the broader market. Comparatively, First Busey has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market.

Summary

Merchants Bancorp beats First Busey on 10 of the 19 factors compared between the two stocks.

How does Merchants Bancorp compare to Cathay General Bancorp?

Cathay General Bancorp (NASDAQ:CATY) and Merchants Bancorp (NASDAQ:MBIN) are both mid-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, institutional ownership, risk, media sentiment, valuation, profitability and analyst recommendations.

Cathay General Bancorp has a net margin of 23.79% compared to Merchants Bancorp's net margin of 16.64%. Merchants Bancorp's return on equity of 13.40% beat Cathay General Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Cathay General Bancorp23.79% 11.37% 1.38%
Merchants Bancorp 16.64%13.40%1.17%

Cathay General Bancorp has higher revenue and earnings than Merchants Bancorp. Merchants Bancorp is trading at a lower price-to-earnings ratio than Cathay General Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cathay General Bancorp$1.38B2.77$315.12M$4.8511.81
Merchants Bancorp$1.37B1.55$218.77M$4.1011.22

75.0% of Cathay General Bancorp shares are held by institutional investors. Comparatively, 24.6% of Merchants Bancorp shares are held by institutional investors. 4.5% of Cathay General Bancorp shares are held by insiders. Comparatively, 44.9% of Merchants Bancorp shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Merchants Bancorp had 4 more articles in the media than Cathay General Bancorp. MarketBeat recorded 11 mentions for Merchants Bancorp and 7 mentions for Cathay General Bancorp. Cathay General Bancorp's average media sentiment score of 1.03 beat Merchants Bancorp's score of 0.29 indicating that Cathay General Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cathay General Bancorp
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merchants Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.7%. Merchants Bancorp pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. Cathay General Bancorp pays out 31.3% of its earnings in the form of a dividend. Merchants Bancorp pays out 10.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Merchants Bancorp has raised its dividend for 8 consecutive years.

Cathay General Bancorp currently has a consensus price target of $51.75, suggesting a potential downside of 9.64%. Merchants Bancorp has a consensus price target of $50.50, suggesting a potential upside of 9.81%. Given Merchants Bancorp's stronger consensus rating and higher probable upside, analysts clearly believe Merchants Bancorp is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Cathay General Bancorp has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market. Comparatively, Merchants Bancorp has a beta of 1.16, meaning that its stock price is 16% more volatile than the broader market.

Summary

Cathay General Bancorp beats Merchants Bancorp on 10 of the 19 factors compared between the two stocks.

How does Merchants Bancorp compare to First Financial Bancorp.?

Merchants Bancorp (NASDAQ:MBIN) and First Financial Bancorp. (NASDAQ:FFBC) are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, media sentiment, profitability, valuation, institutional ownership, dividends, risk and analyst recommendations.

First Financial Bancorp. has a net margin of 20.92% compared to Merchants Bancorp's net margin of 16.64%. Merchants Bancorp's return on equity of 13.40% beat First Financial Bancorp.'s return on equity.

Company Net Margins Return on Equity Return on Assets
Merchants Bancorp16.64% 13.40% 1.17%
First Financial Bancorp. 20.92%11.09%1.49%

Merchants Bancorp pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. First Financial Bancorp. pays an annual dividend of $1.00 per share and has a dividend yield of 3.3%. Merchants Bancorp pays out 10.7% of its earnings in the form of a dividend. First Financial Bancorp. pays out 35.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Merchants Bancorp has increased its dividend for 8 consecutive years and First Financial Bancorp. has increased its dividend for 1 consecutive years.

In the previous week, Merchants Bancorp had 7 more articles in the media than First Financial Bancorp.. MarketBeat recorded 11 mentions for Merchants Bancorp and 4 mentions for First Financial Bancorp.. First Financial Bancorp.'s average media sentiment score of 0.35 beat Merchants Bancorp's score of 0.29 indicating that First Financial Bancorp. is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merchants Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Financial Bancorp.
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Merchants Bancorp has a beta of 1.16, suggesting that its stock price is 16% more volatile than the broader market. Comparatively, First Financial Bancorp. has a beta of 0.94, suggesting that its stock price is 6% less volatile than the broader market.

First Financial Bancorp. has lower revenue, but higher earnings than Merchants Bancorp. First Financial Bancorp. is trading at a lower price-to-earnings ratio than Merchants Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merchants Bancorp$1.37B1.55$218.77M$4.1011.22
First Financial Bancorp.$1.26B2.56$255.60M$2.8310.86

24.6% of Merchants Bancorp shares are held by institutional investors. Comparatively, 77.2% of First Financial Bancorp. shares are held by institutional investors. 44.9% of Merchants Bancorp shares are held by insiders. Comparatively, 1.1% of First Financial Bancorp. shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Merchants Bancorp currently has a consensus target price of $50.50, suggesting a potential upside of 9.81%. First Financial Bancorp. has a consensus target price of $33.00, suggesting a potential upside of 7.39%. Given Merchants Bancorp's stronger consensus rating and higher probable upside, analysts plainly believe Merchants Bancorp is more favorable than First Financial Bancorp..

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
First Financial Bancorp.
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Merchants Bancorp beats First Financial Bancorp. on 11 of the 19 factors compared between the two stocks.

How does Merchants Bancorp compare to Fulton Financial?

Fulton Financial (NASDAQ:FULT) and Merchants Bancorp (NASDAQ:MBIN) are both mid-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, analyst recommendations, media sentiment, dividends and institutional ownership.

Fulton Financial pays an annual dividend of $0.76 per share and has a dividend yield of 3.5%. Merchants Bancorp pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. Fulton Financial pays out 36.2% of its earnings in the form of a dividend. Merchants Bancorp pays out 10.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Fulton Financial has raised its dividend for 4 consecutive years and Merchants Bancorp has raised its dividend for 8 consecutive years.

In the previous week, Merchants Bancorp had 9 more articles in the media than Fulton Financial. MarketBeat recorded 11 mentions for Merchants Bancorp and 2 mentions for Fulton Financial. Fulton Financial's average media sentiment score of 0.84 beat Merchants Bancorp's score of 0.29 indicating that Fulton Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fulton Financial
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merchants Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fulton Financial has a beta of 0.81, meaning that its stock price is 19% less volatile than the broader market. Comparatively, Merchants Bancorp has a beta of 1.16, meaning that its stock price is 16% more volatile than the broader market.

72.0% of Fulton Financial shares are held by institutional investors. Comparatively, 24.6% of Merchants Bancorp shares are held by institutional investors. 0.0% of Fulton Financial shares are held by company insiders. Comparatively, 44.9% of Merchants Bancorp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Fulton Financial presently has a consensus target price of $23.00, indicating a potential upside of 7.28%. Merchants Bancorp has a consensus target price of $50.50, indicating a potential upside of 9.81%. Given Merchants Bancorp's stronger consensus rating and higher probable upside, analysts clearly believe Merchants Bancorp is more favorable than Fulton Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fulton Financial
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Fulton Financial has a net margin of 20.85% compared to Merchants Bancorp's net margin of 16.64%. Merchants Bancorp's return on equity of 13.40% beat Fulton Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Fulton Financial20.85% 12.69% 1.28%
Merchants Bancorp 16.64%13.40%1.17%

Fulton Financial has higher revenue and earnings than Merchants Bancorp. Fulton Financial is trading at a lower price-to-earnings ratio than Merchants Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fulton Financial$1.89B2.16$391.61M$2.1010.21
Merchants Bancorp$1.37B1.55$218.77M$4.1011.22

Summary

Merchants Bancorp beats Fulton Financial on 11 of the 19 factors compared between the two stocks.

How does Merchants Bancorp compare to Hope Bancorp?

Hope Bancorp (NASDAQ:HOPE) and Merchants Bancorp (NASDAQ:MBIN) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, media sentiment, risk, dividends and earnings.

Merchants Bancorp has a net margin of 16.64% compared to Hope Bancorp's net margin of 6.56%. Merchants Bancorp's return on equity of 13.40% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hope Bancorp6.56% 5.32% 0.65%
Merchants Bancorp 16.64%13.40%1.17%

84.0% of Hope Bancorp shares are owned by institutional investors. Comparatively, 24.6% of Merchants Bancorp shares are owned by institutional investors. 2.3% of Hope Bancorp shares are owned by insiders. Comparatively, 44.9% of Merchants Bancorp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Hope Bancorp presently has a consensus target price of $14.50, suggesting a potential upside of 17.12%. Merchants Bancorp has a consensus target price of $50.50, suggesting a potential upside of 9.81%. Given Hope Bancorp's higher probable upside, equities analysts clearly believe Hope Bancorp is more favorable than Merchants Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.5%. Merchants Bancorp pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. Hope Bancorp pays out 107.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Merchants Bancorp pays out 10.7% of its earnings in the form of a dividend. Merchants Bancorp has increased its dividend for 8 consecutive years.

In the previous week, Merchants Bancorp had 7 more articles in the media than Hope Bancorp. MarketBeat recorded 11 mentions for Merchants Bancorp and 4 mentions for Hope Bancorp. Hope Bancorp's average media sentiment score of 1.48 beat Merchants Bancorp's score of 0.29 indicating that Hope Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hope Bancorp
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merchants Bancorp
0 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Merchants Bancorp has higher revenue and earnings than Hope Bancorp. Merchants Bancorp is trading at a lower price-to-earnings ratio than Hope Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hope Bancorp$523.22M3.02$61.59M$0.5223.81
Merchants Bancorp$1.37B1.55$218.77M$4.1011.22

Hope Bancorp has a beta of 0.84, meaning that its stock price is 16% less volatile than the broader market. Comparatively, Merchants Bancorp has a beta of 1.16, meaning that its stock price is 16% more volatile than the broader market.

Summary

Merchants Bancorp beats Hope Bancorp on 13 of the 19 factors compared between the two stocks.

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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MBIN vs. The Competition

MetricMerchants BancorpBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$2.11B$1.10B$13.57B$12.32B
Dividend Yield0.96%2.69%5.84%5.28%
P/E Ratio11.2218.4223.9625.66
Price / Sales1.552.46150.32111.99
Price / Cash9.5023.8420.1556.67
Price / Book1.191.162.157.14
Net Income$218.77M$75.93M$1.13B$335.98M
7 Day Performance1.88%1.32%0.61%3.56%
1 Month Performance-6.07%1.20%-0.07%2.54%
1 Year Performance46.19%25.22%12.01%35.05%

Merchants Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MBIN
Merchants Bancorp
3.6362 of 5 stars
$45.99
flat
$50.50
+9.8%
+46.2%$2.11B$1.37B11.22480
BUSE
First Busey
4.2709 of 5 stars
$26.20
0.0%
$27.50
+5.0%
+25.3%$2.21B$1.04B11.631,948
CATY
Cathay General Bancorp
2.6072 of 5 stars
$56.07
-0.9%
$52.00
-7.3%
+33.7%$3.76B$1.38B11.561,268
FFBC
First Financial Bancorp.
3.7059 of 5 stars
$29.88
0.0%
$33.00
+10.4%
+28.1%$3.13B$1.26B10.552,199
FULT
Fulton Financial
3.7483 of 5 stars
$20.81
-0.6%
$23.00
+10.5%
+24.9%$3.98B$1.89B9.913,400

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This page (NASDAQ:MBIN) was last updated on 5/25/2026 by MarketBeat.com Staff.
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