vs

Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) 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 $138.9M, roughly 1.3× Limbach Holdings, Inc.). Merchants Bancorp runs the higher net margin — 38.6% vs 3.2%, a 35.5% gap on every dollar of revenue. Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs 4.8%).

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

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.

LMB vs MBIN — Head-to-Head

Bigger by revenue
MBIN
MBIN
1.3× larger
MBIN
$175.2M
$138.9M
LMB
Higher net margin
MBIN
MBIN
35.5% more per $
MBIN
38.6%
3.2%
LMB
Faster 2-yr revenue CAGR
LMB
LMB
Annualised
LMB
6.6%
4.8%
MBIN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LMB
LMB
MBIN
MBIN
Revenue
$138.9M
$175.2M
Net Profit
$4.4M
$67.7M
Gross Margin
22.4%
Operating Margin
0.8%
Net Margin
3.2%
38.6%
Revenue YoY
4.3%
Net Profit YoY
16.3%
EPS (diluted)
$0.36
$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
LMB
LMB
MBIN
MBIN
Q1 26
$138.9M
$175.2M
Q4 25
$186.9M
$185.3M
Q3 25
$184.6M
$171.1M
Q2 25
$142.2M
$179.2M
Q1 25
$133.1M
$145.9M
Q4 24
$143.7M
$193.8M
Q3 24
$133.9M
$149.6M
Q2 24
$122.2M
$159.5M
Net Profit
LMB
LMB
MBIN
MBIN
Q1 26
$4.4M
$67.7M
Q4 25
$12.3M
Q3 25
$8.8M
$54.7M
Q2 25
$7.8M
$38.0M
Q1 25
$10.2M
$58.2M
Q4 24
$9.8M
Q3 24
$7.5M
$61.3M
Q2 24
$6.0M
$76.4M
Gross Margin
LMB
LMB
MBIN
MBIN
Q1 26
22.4%
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Operating Margin
LMB
LMB
MBIN
MBIN
Q1 26
0.8%
Q4 25
9.4%
39.9%
Q3 25
7.2%
37.8%
Q2 25
7.5%
27.3%
Q1 25
5.9%
52.4%
Q4 24
9.1%
66.0%
Q3 24
8.1%
54.4%
Q2 24
6.7%
62.2%
Net Margin
LMB
LMB
MBIN
MBIN
Q1 26
3.2%
38.6%
Q4 25
6.6%
Q3 25
4.8%
32.0%
Q2 25
5.5%
21.2%
Q1 25
7.7%
39.9%
Q4 24
6.9%
Q3 24
5.6%
41.0%
Q2 24
4.9%
47.9%
EPS (diluted)
LMB
LMB
MBIN
MBIN
Q1 26
$0.36
$1.25
Q4 25
$1.01
$1.28
Q3 25
$0.73
$0.97
Q2 25
$0.64
$0.60
Q1 25
$0.85
$0.93
Q4 24
$0.81
$1.84
Q3 24
$0.62
$1.17
Q2 24
$0.50
$1.49

Balance Sheet & Financial Strength

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

Metric
LMB
LMB
MBIN
MBIN
Cash + ST InvestmentsLiquidity on hand
$15.8M
$83.2M
Total DebtLower is stronger
$56.6M
$32.0M
Stockholders' EquityBook value
$196.3M
$2.3B
Total Assets
$377.0M
$20.3B
Debt / EquityLower = less leverage
0.29×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMB
LMB
MBIN
MBIN
Q1 26
$15.8M
$83.2M
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$38.9M
Q1 25
$38.1M
Q4 24
$44.9M
Q3 24
$51.2M
Q2 24
$59.5M
Total Debt
LMB
LMB
MBIN
MBIN
Q1 26
$56.6M
$32.0M
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Stockholders' Equity
LMB
LMB
MBIN
MBIN
Q1 26
$196.3M
$2.3B
Q4 25
$195.7M
$2.3B
Q3 25
$181.6M
$2.2B
Q2 25
$170.5M
$2.2B
Q1 25
$161.1M
$2.2B
Q4 24
$153.5M
$2.2B
Q3 24
$142.2M
$1.9B
Q2 24
$133.0M
$1.9B
Total Assets
LMB
LMB
MBIN
MBIN
Q1 26
$377.0M
$20.3B
Q4 25
$381.1M
$19.4B
Q3 25
$409.1M
$19.4B
Q2 25
$343.0M
$19.1B
Q1 25
$336.4M
$18.8B
Q4 24
$352.1M
$18.8B
Q3 24
$324.4M
$18.7B
Q2 24
$303.9M
$18.2B
Debt / Equity
LMB
LMB
MBIN
MBIN
Q1 26
0.29×
0.01×
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMB
LMB

ODR$99.8M72%
GCR$39.0M28%

MBIN
MBIN

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

Related Comparisons