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Side-by-side financial comparison of Enlight Renewable Energy Ltd. (ENLT) 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 $109.5M, roughly 1.6× Enlight Renewable Energy Ltd.).

Enlight Renewable Energy is a publicly traded company, headquartered in Israel, that builds and operates solar and wind power facilities. Its shares are traded on the Tel Aviv Stock Exchange and on Nasdaq (ENLT) following the company’s United States initial public offering in February 2023. In addition to solar and wind, Enlight develops utility-scale energy storage and agrivoltaic projects integrating agricultural land use with photovoltaic generation.

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.

ENLT vs MBIN — Head-to-Head

Bigger by revenue
MBIN
MBIN
1.6× larger
MBIN
$175.2M
$109.5M
ENLT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ENLT
ENLT
MBIN
MBIN
Revenue
$109.5M
$175.2M
Net Profit
$67.7M
Gross Margin
Operating Margin
60.1%
Net Margin
38.6%
Revenue YoY
Net Profit YoY
16.3%
EPS (diluted)
$123305879.00
$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.

Revenue
ENLT
ENLT
MBIN
MBIN
Q1 26
$175.2M
Q4 25
$109.5M
$185.3M
Q3 25
$171.1M
Q2 25
$84.7M
$179.2M
Q1 25
$90.4M
$145.9M
Q4 24
$73.8M
$193.8M
Q3 24
$58.3M
$149.6M
Q2 24
$52.6M
$159.5M
Net Profit
ENLT
ENLT
MBIN
MBIN
Q1 26
$67.7M
Q4 25
Q3 25
$54.7M
Q2 25
$38.0M
Q1 25
$58.2M
Q4 24
Q3 24
$61.3M
Q2 24
$76.4M
Gross Margin
ENLT
ENLT
MBIN
MBIN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
48.9%
Q2 24
55.5%
Operating Margin
ENLT
ENLT
MBIN
MBIN
Q1 26
Q4 25
60.1%
39.9%
Q3 25
37.8%
Q2 25
41.2%
27.3%
Q1 25
47.4%
52.4%
Q4 24
58.1%
66.0%
Q3 24
73.2%
54.4%
Q2 24
63.7%
62.2%
Net Margin
ENLT
ENLT
MBIN
MBIN
Q1 26
38.6%
Q4 25
Q3 25
32.0%
Q2 25
21.2%
Q1 25
39.9%
Q4 24
Q3 24
41.0%
Q2 24
47.9%
EPS (diluted)
ENLT
ENLT
MBIN
MBIN
Q1 26
$1.25
Q4 25
$123305879.00
$1.28
Q3 25
$0.97
Q2 25
$125866004.00
$0.60
Q1 25
$122889909.00
$0.93
Q4 24
$1.84
Q3 24
$125866004.00
$1.17
Q2 24
$125873060.00
$1.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENLT
ENLT
MBIN
MBIN
Cash + ST InvestmentsLiquidity on hand
$83.2M
Total DebtLower is stronger
$32.0M
Stockholders' EquityBook value
$2.3B
Total Assets
$20.3B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
MBIN
MBIN
Q1 26
$83.2M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$387.4M
Q3 24
Q2 24
Total Debt
ENLT
ENLT
MBIN
MBIN
Q1 26
$32.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ENLT
ENLT
MBIN
MBIN
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$1.4B
$2.2B
Q3 24
$1.9B
Q2 24
$1.9B
Total Assets
ENLT
ENLT
MBIN
MBIN
Q1 26
$20.3B
Q4 25
$19.4B
Q3 25
$19.4B
Q2 25
$19.1B
Q1 25
$18.8B
Q4 24
$5.5B
$18.8B
Q3 24
$18.7B
Q2 24
$18.2B
Debt / Equity
ENLT
ENLT
MBIN
MBIN
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

ENLT
ENLT

Segment adjusted EBITDA$99.7M91%
Tax benefits$10.1M9%

MBIN
MBIN

Net Interest Income$128.6M73%
Noninterest Income$46.6M27%

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