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Side-by-side financial comparison of ENTERPRISE FINANCIAL SERVICES CORP (EFSC) and Merchants Bancorp (MBIN). Click either name above to swap in a different company.
ENTERPRISE FINANCIAL SERVICES CORP is the larger business by last-quarter revenue ($185.2M vs $175.2M, roughly 1.1× Merchants Bancorp). Merchants Bancorp runs the higher net margin — 38.6% vs 26.6%, a 12.0% gap on every dollar of revenue. Over the past eight quarters, ENTERPRISE FINANCIAL SERVICES CORP's revenue compounded faster (9.0% CAGR vs 4.8%).
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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.
EFSC vs MBIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.2M | $175.2M |
| Net Profit | $49.4M | $67.7M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 26.6% | 38.6% |
| Revenue YoY | — | — |
| Net Profit YoY | -1.2% | 16.3% |
| EPS (diluted) | $1.30 | $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 | $185.2M | $175.2M | ||
| Q4 25 | $193.6M | $185.3M | ||
| Q3 25 | $206.9M | $171.1M | ||
| Q2 25 | $173.4M | $179.2M | ||
| Q1 25 | $166.0M | $145.9M | ||
| Q4 24 | $167.0M | $193.8M | ||
| Q3 24 | $164.9M | $149.6M | ||
| Q2 24 | $156.0M | $159.5M |
| Q1 26 | $49.4M | $67.7M | ||
| Q4 25 | $54.8M | — | ||
| Q3 25 | $45.2M | $54.7M | ||
| Q2 25 | $51.4M | $38.0M | ||
| Q1 25 | $50.0M | $58.2M | ||
| Q4 24 | $48.8M | — | ||
| Q3 24 | $50.6M | $61.3M | ||
| Q2 24 | $45.4M | $76.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 39.9% | ||
| Q3 25 | 42.9% | 37.8% | ||
| Q2 25 | 37.0% | 27.3% | ||
| Q1 25 | 36.8% | 52.4% | ||
| Q4 24 | — | 66.0% | ||
| Q3 24 | 38.1% | 54.4% | ||
| Q2 24 | 36.7% | 62.2% |
| Q1 26 | 26.6% | 38.6% | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | 21.9% | 32.0% | ||
| Q2 25 | 29.6% | 21.2% | ||
| Q1 25 | 30.1% | 39.9% | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | 30.7% | 41.0% | ||
| Q2 24 | 29.1% | 47.9% |
| Q1 26 | $1.30 | $1.25 | ||
| Q4 25 | $1.45 | $1.28 | ||
| Q3 25 | $1.19 | $0.97 | ||
| Q2 25 | $1.36 | $0.60 | ||
| Q1 25 | $1.31 | $0.93 | ||
| Q4 24 | $1.27 | $1.84 | ||
| Q3 24 | $1.32 | $1.17 | ||
| Q2 24 | $1.19 | $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 | — | $32.0M |
| Stockholders' EquityBook value | $2.1B | $2.3B |
| Total Assets | $17.3B | $20.3B |
| Debt / EquityLower = less leverage | — | 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 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.1B | $2.3B | ||
| Q4 25 | $2.0B | $2.3B | ||
| Q3 25 | $2.0B | $2.2B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.9B | $2.2B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.8B | $1.9B |
| Q1 26 | $17.3B | $20.3B | ||
| Q4 25 | $17.3B | $19.4B | ||
| Q3 25 | $16.4B | $19.4B | ||
| Q2 25 | $16.1B | $19.1B | ||
| Q1 25 | $15.7B | $18.8B | ||
| Q4 24 | $15.6B | $18.8B | ||
| Q3 24 | $15.0B | $18.7B | ||
| Q2 24 | $14.6B | $18.2B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EFSC
| Net Interest Income | $166.1M | 90% |
| Noninterest Income | $19.1M | 10% |
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
