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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and Merchants Bancorp (MBIN). Click either name above to swap in a different company.
Merchants Bancorp is the larger business by last-quarter revenue ($175.2M vs $154.8M, roughly 1.1× Commercial Vehicle Group, Inc.). Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs -10.8%).
WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...
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.
CVGI vs MBIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $154.8M | $175.2M |
| Net Profit | — | $67.7M |
| Gross Margin | 9.7% | — |
| Operating Margin | -1.2% | — |
| Net Margin | — | 38.6% |
| Revenue YoY | -5.2% | — |
| Net Profit YoY | — | 16.3% |
| EPS (diluted) | — | $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 | $154.8M | $185.3M | ||
| Q3 25 | $152.5M | $171.1M | ||
| Q2 25 | $172.0M | $179.2M | ||
| Q1 25 | $169.8M | $145.9M | ||
| Q4 24 | $163.3M | $193.8M | ||
| Q3 24 | $171.8M | $149.6M | ||
| Q2 24 | $193.7M | $159.5M |
| Q1 26 | — | $67.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | $-7.1M | $54.7M | ||
| Q2 25 | $-4.8M | $38.0M | ||
| Q1 25 | $-4.3M | $58.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $9.5M | $61.3M | ||
| Q2 24 | $-1.6M | $76.4M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | — | ||
| Q3 25 | 10.5% | — | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 10.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.2% | 39.9% | ||
| Q3 25 | -0.7% | 37.8% | ||
| Q2 25 | 0.5% | 27.3% | ||
| Q1 25 | 0.8% | 52.4% | ||
| Q4 24 | -3.2% | 66.0% | ||
| Q3 24 | -0.6% | 54.4% | ||
| Q2 24 | 0.5% | 62.2% |
| Q1 26 | — | 38.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | -4.6% | 32.0% | ||
| Q2 25 | -2.8% | 21.2% | ||
| Q1 25 | -2.5% | 39.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.5% | 41.0% | ||
| Q2 24 | -0.8% | 47.9% |
| Q1 26 | — | $1.25 | ||
| Q4 25 | — | $1.28 | ||
| Q3 25 | — | $0.97 | ||
| Q2 25 | — | $0.60 | ||
| Q1 25 | — | $0.93 | ||
| Q4 24 | — | $1.84 | ||
| Q3 24 | — | $1.17 | ||
| Q2 24 | $-0.05 | $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 | — | $83.2M |
| Total DebtLower is stronger | $104.9M | $32.0M |
| Stockholders' EquityBook value | $133.4M | $2.3B |
| Total Assets | $391.7M | $20.3B |
| Debt / EquityLower = less leverage | 0.79× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $83.2M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $32.0M | ||
| Q4 25 | $104.9M | — | ||
| Q3 25 | $108.2M | — | ||
| Q2 25 | $118.2M | — | ||
| Q1 25 | $117.4M | — | ||
| Q4 24 | $135.5M | — | ||
| Q3 24 | $128.8M | — | ||
| Q2 24 | $142.0M | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $133.4M | $2.3B | ||
| Q3 25 | $136.5M | $2.2B | ||
| Q2 25 | $142.6M | $2.2B | ||
| Q1 25 | $136.7M | $2.2B | ||
| Q4 24 | $135.6M | $2.2B | ||
| Q3 24 | $179.3M | $1.9B | ||
| Q2 24 | $169.6M | $1.9B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $391.7M | $19.4B | ||
| Q3 25 | $400.3M | $19.4B | ||
| Q2 25 | $429.8M | $19.1B | ||
| Q1 25 | $419.8M | $18.8B | ||
| Q4 24 | $424.6M | $18.8B | ||
| Q3 24 | $495.3M | $18.7B | ||
| Q2 24 | $503.2M | $18.2B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 0.83× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 0.72× | — | ||
| Q2 24 | 0.84× | — |
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 | $12.3M | — |
| Free Cash FlowOCF − Capex | $8.7M | — |
| FCF MarginFCF / Revenue | 5.6% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $34.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $-341.2M | ||
| Q3 25 | $-1.7M | $29.8M | ||
| Q2 25 | $18.9M | $-121.2M | ||
| Q1 25 | $15.2M | $148.0M | ||
| Q4 24 | $-26.6M | $-835.3M | ||
| Q3 24 | $-17.1M | $-492.6M | ||
| Q2 24 | $12.6M | $51.1M |
| Q1 26 | — | — | ||
| Q4 25 | $8.7M | $-362.2M | ||
| Q3 25 | $-3.5M | $24.0M | ||
| Q2 25 | $17.4M | $-125.7M | ||
| Q1 25 | $11.4M | $141.2M | ||
| Q4 24 | $-30.6M | $-853.7M | ||
| Q3 24 | $-20.3M | $-497.2M | ||
| Q2 24 | $6.4M | $45.8M |
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | -195.5% | ||
| Q3 25 | -2.3% | 14.0% | ||
| Q2 25 | 10.1% | -70.1% | ||
| Q1 25 | 6.7% | 96.8% | ||
| Q4 24 | -18.7% | -440.6% | ||
| Q3 24 | -11.8% | -332.4% | ||
| Q2 24 | 3.3% | 28.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 11.3% | ||
| Q3 25 | 1.2% | 3.4% | ||
| Q2 25 | 0.9% | 2.5% | ||
| Q1 25 | 2.2% | 4.7% | ||
| Q4 24 | 2.4% | 9.5% | ||
| Q3 24 | 1.9% | 3.0% | ||
| Q2 24 | 3.2% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | -3.19× | ||
| Q1 25 | — | 2.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | -1.79× | -8.04× | ||
| Q2 24 | — | 0.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVGI
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
