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Side-by-side financial comparison of Claritev Corp (CTEV) and Merchants Bancorp (MBIN). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $175.2M, roughly 1.4× Merchants Bancorp). Merchants Bancorp runs the higher net margin — 38.6% vs -32.7%, a 71.3% gap on every dollar of revenue. Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs 2.5%).
Ameris Bancorp is an American bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Ameris Bank, the company operates full-service branches in Georgia, Alabama, Florida, North Carolina and South Carolina, and mortgage-only locations in Georgia, Alabama, Florida, North Carolina, South Carolina, Virginia, Maryland, and Tennessee. The company offers online and mobile banking options for both consumers and businesses.
CTEV vs MBIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $175.2M |
| Net Profit | $-80.6M | $67.7M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | — |
| Net Margin | -32.7% | 38.6% |
| Revenue YoY | 6.2% | — |
| Net Profit YoY | 41.6% | 16.3% |
| EPS (diluted) | $-4.88 | $1.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $175.2M | ||
| Q4 25 | $246.6M | $185.3M | ||
| Q3 25 | $246.0M | $171.1M | ||
| Q2 25 | $241.6M | $179.2M | ||
| Q1 25 | $231.3M | $145.9M | ||
| Q4 24 | $232.1M | $193.8M | ||
| Q3 24 | $230.5M | $149.6M | ||
| Q2 24 | $233.5M | $159.5M |
| Q1 26 | — | $67.7M | ||
| Q4 25 | $-80.6M | — | ||
| Q3 25 | $-69.8M | $54.7M | ||
| Q2 25 | $-62.6M | $38.0M | ||
| Q1 25 | $-71.3M | $58.2M | ||
| Q4 24 | $-138.0M | — | ||
| Q3 24 | $-391.4M | $61.3M | ||
| Q2 24 | $-576.7M | $76.4M |
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | 39.9% | ||
| Q3 25 | 4.1% | 37.8% | ||
| Q2 25 | 6.9% | 27.3% | ||
| Q1 25 | 4.2% | 52.4% | ||
| Q4 24 | -17.8% | 66.0% | ||
| Q3 24 | -146.7% | 54.4% | ||
| Q2 24 | -224.4% | 62.2% |
| Q1 26 | — | 38.6% | ||
| Q4 25 | -32.7% | — | ||
| Q3 25 | -28.4% | 32.0% | ||
| Q2 25 | -25.9% | 21.2% | ||
| Q1 25 | -30.8% | 39.9% | ||
| Q4 24 | -59.4% | — | ||
| Q3 24 | -169.8% | 41.0% | ||
| Q2 24 | -247.0% | 47.9% |
| Q1 26 | — | $1.25 | ||
| Q4 25 | $-4.88 | $1.28 | ||
| Q3 25 | $-4.23 | $0.97 | ||
| Q2 25 | $-3.81 | $0.60 | ||
| Q1 25 | $-4.38 | $0.93 | ||
| Q4 24 | $-8.49 | $1.84 | ||
| Q3 24 | $-24.25 | $1.17 | ||
| Q2 24 | $-35.78 | $1.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $83.2M |
| Total DebtLower is stronger | $4.6B | $32.0M |
| Stockholders' EquityBook value | $-173.9M | $2.3B |
| Total Assets | $4.9B | $20.3B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $83.2M | ||
| Q4 25 | $16.8M | — | ||
| Q3 25 | $39.2M | — | ||
| Q2 25 | $56.4M | — | ||
| Q1 25 | $23.1M | — | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $86.6M | — | ||
| Q2 24 | $48.8M | — |
| Q1 26 | — | $32.0M | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $-173.9M | $2.3B | ||
| Q3 25 | $-101.8M | $2.2B | ||
| Q2 25 | $-39.9M | $2.2B | ||
| Q1 25 | $14.8M | $2.2B | ||
| Q4 24 | $84.0M | $2.2B | ||
| Q3 24 | $207.6M | $1.9B | ||
| Q2 24 | $603.4M | $1.9B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $4.9B | $19.4B | ||
| Q3 25 | $5.0B | $19.4B | ||
| Q2 25 | $5.1B | $19.1B | ||
| Q1 25 | $5.1B | $18.8B | ||
| Q4 24 | $5.2B | $18.8B | ||
| Q3 24 | $5.3B | $18.7B | ||
| Q2 24 | $5.7B | $18.2B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $-341.2M | ||
| Q3 25 | $19.9M | $29.8M | ||
| Q2 25 | $61.2M | $-121.2M | ||
| Q1 25 | $-30.1M | $148.0M | ||
| Q4 24 | $-33.4M | $-835.3M | ||
| Q3 24 | $72.8M | $-492.6M | ||
| Q2 24 | $18.5M | $51.1M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | $-362.2M | ||
| Q3 25 | $-16.3M | $24.0M | ||
| Q2 25 | $36.6M | $-125.7M | ||
| Q1 25 | $-68.9M | $141.2M | ||
| Q4 24 | $-63.8M | $-853.7M | ||
| Q3 24 | $41.1M | $-497.2M | ||
| Q2 24 | $-7.0M | $45.8M |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | -195.5% | ||
| Q3 25 | -6.6% | 14.0% | ||
| Q2 25 | 15.2% | -70.1% | ||
| Q1 25 | -29.8% | 96.8% | ||
| Q4 24 | -27.5% | -440.6% | ||
| Q3 24 | 17.8% | -332.4% | ||
| Q2 24 | -3.0% | 28.7% |
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 11.3% | ||
| Q3 25 | 14.7% | 3.4% | ||
| Q2 25 | 10.2% | 2.5% | ||
| Q1 25 | 16.8% | 4.7% | ||
| Q4 24 | 13.1% | 9.5% | ||
| Q3 24 | 13.8% | 3.0% | ||
| Q2 24 | 10.9% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | -3.19× | ||
| Q1 25 | — | 2.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -8.04× | ||
| Q2 24 | — | 0.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
