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Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

INFINITY NATURAL RESOURCES, INC. is the larger business by last-quarter revenue ($115.5M vs $67.6M, roughly 1.7× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs 17.3%, a 16.2% gap on every dollar of revenue.

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 ...

INR vs MBWM — Head-to-Head

Bigger by revenue
INR
INR
1.7× larger
INR
$115.5M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
16.2% more per $
MBWM
33.6%
17.3%
INR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
INR
INR
MBWM
MBWM
Revenue
$115.5M
$67.6M
Net Profit
$20.0M
$22.7M
Gross Margin
Operating Margin
47.0%
Net Margin
17.3%
33.6%
Revenue YoY
Net Profit YoY
16.1%
EPS (diluted)
$1.33
$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
INR
INR
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$115.5M
$62.1M
Q3 25
$78.3M
$62.4M
Q2 25
$72.5M
$60.9M
Q1 25
$84.2M
$57.3M
Q4 24
$58.5M
Q3 24
$58.0M
Q2 24
$56.8M
Net Profit
INR
INR
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$20.0M
$22.8M
Q3 25
$10.4M
$23.8M
Q2 25
$18.0M
$22.6M
Q1 25
$-34.6M
$19.5M
Q4 24
$19.6M
Q3 24
$19.6M
Q2 24
$18.8M
Operating Margin
INR
INR
MBWM
MBWM
Q1 26
Q4 25
47.0%
42.0%
Q3 25
30.5%
44.0%
Q2 25
29.9%
42.6%
Q1 25
-104.5%
42.0%
Q4 24
39.7%
Q3 24
42.4%
Q2 24
41.4%
Net Margin
INR
INR
MBWM
MBWM
Q1 26
33.6%
Q4 25
17.3%
36.8%
Q3 25
13.3%
38.1%
Q2 25
24.8%
37.1%
Q1 25
-41.1%
34.1%
Q4 24
33.5%
Q3 24
33.8%
Q2 24
33.1%
EPS (diluted)
INR
INR
MBWM
MBWM
Q1 26
$1.32
Q4 25
$1.33
$1.41
Q3 25
$0.65
$1.46
Q2 25
$1.18
$1.39
Q1 25
$-2.27
$1.21
Q4 24
$1.20
Q3 24
$1.22
Q2 24
$1.17

Balance Sheet & Financial Strength

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

Metric
INR
INR
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$2.8M
Total DebtLower is stronger
$55.0K
$1.5M
Stockholders' EquityBook value
$307.1M
$736.9M
Total Assets
$1.2B
$6.9B
Debt / EquityLower = less leverage
0.00×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INR
INR
MBWM
MBWM
Q1 26
Q4 25
$2.8M
Q3 25
$4.6M
Q2 25
$6.3M
Q1 25
$4.9M
Q4 24
Q3 24
Q2 24
Total Debt
INR
INR
MBWM
MBWM
Q1 26
$1.5M
Q4 25
$55.0K
Q3 25
Q2 25
Q1 25
$123.0K
Q4 24
Q3 24
Q2 24
Stockholders' Equity
INR
INR
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$307.1M
$724.9M
Q3 25
$288.6M
$657.6M
Q2 25
$10.1M
$631.5M
Q1 25
$-52.2M
$608.3M
Q4 24
$584.5M
Q3 24
$583.3M
Q2 24
$551.2M
Total Assets
INR
INR
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$1.2B
$6.8B
Q3 25
$1.1B
$6.3B
Q2 25
$1.0B
$6.2B
Q1 25
$953.9M
$6.1B
Q4 24
$6.1B
Q3 24
$5.9B
Q2 24
$5.6B
Debt / Equity
INR
INR
MBWM
MBWM
Q1 26
0.00×
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INR
INR
MBWM
MBWM
Operating Cash FlowLast quarter
$75.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INR
INR
MBWM
MBWM
Q1 26
Q4 25
$75.1M
$18.0M
Q3 25
$42.1M
$23.1M
Q2 25
$70.4M
$-7.8M
Q1 25
$74.2M
$-3.0M
Q4 24
$101.1M
Q3 24
$-8.1M
Q2 24
$9.1M
Cash Conversion
INR
INR
MBWM
MBWM
Q1 26
Q4 25
3.75×
0.79×
Q3 25
4.04×
0.97×
Q2 25
3.91×
-0.35×
Q1 25
-0.15×
Q4 24
5.15×
Q3 24
-0.41×
Q2 24
0.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INR
INR

Oil Reserves$54.0M47%
Natural Gas Reserves$46.8M41%
Natural Gas Liquids Reserves$14.7M13%

MBWM
MBWM

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

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