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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) 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 $131.8M, roughly 1.3× Loar Holdings Inc.). Merchants Bancorp runs the higher net margin — 38.6% vs 9.5%, a 29.2% gap on every dollar of revenue. Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 4.8%).

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.

LOAR vs MBIN — Head-to-Head

Bigger by revenue
MBIN
MBIN
1.3× larger
MBIN
$175.2M
$131.8M
LOAR
Higher net margin
MBIN
MBIN
29.2% more per $
MBIN
38.6%
9.5%
LOAR
Faster 2-yr revenue CAGR
LOAR
LOAR
Annualised
LOAR
19.8%
4.8%
MBIN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LOAR
LOAR
MBIN
MBIN
Revenue
$131.8M
$175.2M
Net Profit
$12.5M
$67.7M
Gross Margin
52.1%
Operating Margin
18.0%
Net Margin
9.5%
38.6%
Revenue YoY
19.3%
Net Profit YoY
239.5%
16.3%
EPS (diluted)
$0.13
$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
LOAR
LOAR
MBIN
MBIN
Q1 26
$175.2M
Q4 25
$131.8M
$185.3M
Q3 25
$126.8M
$171.1M
Q2 25
$123.1M
$179.2M
Q1 25
$114.7M
$145.9M
Q4 24
$110.4M
$193.8M
Q3 24
$103.5M
$149.6M
Q2 24
$97.0M
$159.5M
Net Profit
LOAR
LOAR
MBIN
MBIN
Q1 26
$67.7M
Q4 25
$12.5M
Q3 25
$27.6M
$54.7M
Q2 25
$16.7M
$38.0M
Q1 25
$15.3M
$58.2M
Q4 24
$3.7M
Q3 24
$8.7M
$61.3M
Q2 24
$7.6M
$76.4M
Gross Margin
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
52.1%
Q3 25
52.7%
Q2 25
53.8%
Q1 25
52.1%
Q4 24
48.9%
Q3 24
51.1%
Q2 24
49.0%
Operating Margin
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
18.0%
39.9%
Q3 25
22.9%
37.8%
Q2 25
22.2%
27.3%
Q1 25
22.8%
52.4%
Q4 24
19.2%
66.0%
Q3 24
22.1%
54.4%
Q2 24
22.9%
62.2%
Net Margin
LOAR
LOAR
MBIN
MBIN
Q1 26
38.6%
Q4 25
9.5%
Q3 25
21.8%
32.0%
Q2 25
13.6%
21.2%
Q1 25
13.4%
39.9%
Q4 24
3.3%
Q3 24
8.4%
41.0%
Q2 24
7.9%
47.9%
EPS (diluted)
LOAR
LOAR
MBIN
MBIN
Q1 26
$1.25
Q4 25
$0.13
$1.28
Q3 25
$0.29
$0.97
Q2 25
$0.17
$0.60
Q1 25
$0.16
$0.93
Q4 24
$-11023.48
$1.84
Q3 24
$0.09
$1.17
Q2 24
$0.09
$1.49

Balance Sheet & Financial Strength

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

Metric
LOAR
LOAR
MBIN
MBIN
Cash + ST InvestmentsLiquidity on hand
$84.8M
$83.2M
Total DebtLower is stronger
$715.7M
$32.0M
Stockholders' EquityBook value
$1.2B
$2.3B
Total Assets
$2.0B
$20.3B
Debt / EquityLower = less leverage
0.61×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOAR
LOAR
MBIN
MBIN
Q1 26
$83.2M
Q4 25
$84.8M
Q3 25
$99.0M
Q2 25
$103.3M
Q1 25
$80.5M
Q4 24
$54.1M
Q3 24
$55.2M
Q2 24
$73.2M
Total Debt
LOAR
LOAR
MBIN
MBIN
Q1 26
$32.0M
Q4 25
$715.7M
Q3 25
$279.4M
Q2 25
$277.7M
Q1 25
$277.5M
Q4 24
$277.3M
Q3 24
$602.1M
Q2 24
$250.7M
Stockholders' Equity
LOAR
LOAR
MBIN
MBIN
Q1 26
$2.3B
Q4 25
$1.2B
$2.3B
Q3 25
$1.2B
$2.2B
Q2 25
$1.1B
$2.2B
Q1 25
$1.1B
$2.2B
Q4 24
$1.1B
$2.2B
Q3 24
$769.8M
$1.9B
Q2 24
$758.4M
$1.9B
Total Assets
LOAR
LOAR
MBIN
MBIN
Q1 26
$20.3B
Q4 25
$2.0B
$19.4B
Q3 25
$1.5B
$19.4B
Q2 25
$1.5B
$19.1B
Q1 25
$1.5B
$18.8B
Q4 24
$1.5B
$18.8B
Q3 24
$1.5B
$18.7B
Q2 24
$1.1B
$18.2B
Debt / Equity
LOAR
LOAR
MBIN
MBIN
Q1 26
0.01×
Q4 25
0.61×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.25×
Q4 24
0.25×
Q3 24
0.78×
Q2 24
0.33×

Cash Flow & Capital Efficiency

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

Metric
LOAR
LOAR
MBIN
MBIN
Operating Cash FlowLast quarter
$30.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
$30.4M
$-341.2M
Q3 25
$29.7M
$29.8M
Q2 25
$23.8M
$-121.2M
Q1 25
$28.4M
$148.0M
Q4 24
$20.7M
$-835.3M
Q3 24
$16.3M
$-492.6M
Q2 24
$7.1M
$51.1M
Free Cash Flow
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
$-362.2M
Q3 25
$24.0M
Q2 25
$-125.7M
Q1 25
$141.2M
Q4 24
$-853.7M
Q3 24
$-497.2M
Q2 24
$45.8M
FCF Margin
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
-195.5%
Q3 25
14.0%
Q2 25
-70.1%
Q1 25
96.8%
Q4 24
-440.6%
Q3 24
-332.4%
Q2 24
28.7%
Capex Intensity
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
11.3%
Q3 25
3.4%
Q2 25
2.5%
Q1 25
4.7%
Q4 24
9.5%
Q3 24
3.0%
Q2 24
3.3%
Cash Conversion
LOAR
LOAR
MBIN
MBIN
Q1 26
Q4 25
2.43×
Q3 25
1.08×
0.54×
Q2 25
1.42×
-3.19×
Q1 25
1.85×
2.54×
Q4 24
5.62×
Q3 24
1.89×
-8.04×
Q2 24
0.93×
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOAR
LOAR

Other$76.8M58%
Commercial Aerospace$21.2M16%
Business Jet And General Aviation$17.6M13%
Defense$16.2M12%

MBIN
MBIN

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

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