vs

Side-by-side financial comparison of Enlight Renewable Energy Ltd. (ENLT) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

Enlight Renewable Energy Ltd. is the larger business by last-quarter revenue ($109.5M vs $67.6M, roughly 1.6× MERCANTILE BANK CORP).

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.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

ENLT vs MBWM — Head-to-Head

Bigger by revenue
ENLT
ENLT
1.6× larger
ENLT
$109.5M
$67.6M
MBWM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ENLT
ENLT
MBWM
MBWM
Revenue
$109.5M
$67.6M
Net Profit
$22.7M
Gross Margin
Operating Margin
60.1%
Net Margin
33.6%
Revenue YoY
Net Profit YoY
16.1%
EPS (diluted)
$123305879.00
$1.32

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
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$109.5M
$62.1M
Q3 25
$62.4M
Q2 25
$84.7M
$60.9M
Q1 25
$90.4M
$57.3M
Q4 24
$73.8M
$58.5M
Q3 24
$58.3M
$58.0M
Q2 24
$52.6M
$56.8M
Net Profit
ENLT
ENLT
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$22.8M
Q3 25
$23.8M
Q2 25
$22.6M
Q1 25
$19.5M
Q4 24
$19.6M
Q3 24
$19.6M
Q2 24
$18.8M
Gross Margin
ENLT
ENLT
MBWM
MBWM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
48.9%
Q2 24
55.5%
Operating Margin
ENLT
ENLT
MBWM
MBWM
Q1 26
Q4 25
60.1%
42.0%
Q3 25
44.0%
Q2 25
41.2%
42.6%
Q1 25
47.4%
42.0%
Q4 24
58.1%
39.7%
Q3 24
73.2%
42.4%
Q2 24
63.7%
41.4%
Net Margin
ENLT
ENLT
MBWM
MBWM
Q1 26
33.6%
Q4 25
36.8%
Q3 25
38.1%
Q2 25
37.1%
Q1 25
34.1%
Q4 24
33.5%
Q3 24
33.8%
Q2 24
33.1%
EPS (diluted)
ENLT
ENLT
MBWM
MBWM
Q1 26
$1.32
Q4 25
$123305879.00
$1.41
Q3 25
$1.46
Q2 25
$125866004.00
$1.39
Q1 25
$122889909.00
$1.21
Q4 24
$1.20
Q3 24
$125866004.00
$1.22
Q2 24
$125873060.00
$1.17

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$736.9M
Total Assets
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
MBWM
MBWM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$387.4M
Q3 24
Q2 24
Total Debt
ENLT
ENLT
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ENLT
ENLT
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$724.9M
Q3 25
$657.6M
Q2 25
$631.5M
Q1 25
$608.3M
Q4 24
$1.4B
$584.5M
Q3 24
$583.3M
Q2 24
$551.2M
Total Assets
ENLT
ENLT
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.3B
Q2 25
$6.2B
Q1 25
$6.1B
Q4 24
$5.5B
$6.1B
Q3 24
$5.9B
Q2 24
$5.6B
Debt / Equity
ENLT
ENLT
MBWM
MBWM
Q1 26
0.00×
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%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

Related Comparisons