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Side-by-side financial comparison of Merchants Bancorp (MBIN) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($267.3M vs $175.2M, roughly 1.5× Merchants Bancorp). Merchants Bancorp runs the higher net margin — 38.6% vs -5.3%, a 44.0% gap on every dollar of revenue. Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs -8.8%).
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.
MBIN vs MTUS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $175.2M | $267.3M |
| Net Profit | $67.7M | $-14.3M |
| Gross Margin | — | 2.2% |
| Operating Margin | — | -7.7% |
| Net Margin | 38.6% | -5.3% |
| Revenue YoY | — | 11.1% |
| Net Profit YoY | 16.3% | 33.2% |
| EPS (diluted) | $1.25 | $-0.34 |
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.
| Q1 26 | $175.2M | — | ||
| Q4 25 | $185.3M | $267.3M | ||
| Q3 25 | $171.1M | $305.9M | ||
| Q2 25 | $179.2M | $304.6M | ||
| Q1 25 | $145.9M | $280.5M | ||
| Q4 24 | $193.8M | $240.5M | ||
| Q3 24 | $149.6M | $227.2M | ||
| Q2 24 | $159.5M | $294.7M |
| Q1 26 | $67.7M | — | ||
| Q4 25 | — | $-14.3M | ||
| Q3 25 | $54.7M | $8.1M | ||
| Q2 25 | $38.0M | $3.7M | ||
| Q1 25 | $58.2M | $1.3M | ||
| Q4 24 | — | $-21.4M | ||
| Q3 24 | $61.3M | $-5.9M | ||
| Q2 24 | $76.4M | $4.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | -7.7% | ||
| Q3 25 | 37.8% | 3.6% | ||
| Q2 25 | 27.3% | 2.8% | ||
| Q1 25 | 52.4% | 1.0% | ||
| Q4 24 | 66.0% | -10.1% | ||
| Q3 24 | 54.4% | -3.1% | ||
| Q2 24 | 62.2% | 2.1% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | — | -5.3% | ||
| Q3 25 | 32.0% | 2.6% | ||
| Q2 25 | 21.2% | 1.2% | ||
| Q1 25 | 39.9% | 0.5% | ||
| Q4 24 | — | -8.9% | ||
| Q3 24 | 41.0% | -2.6% | ||
| Q2 24 | 47.9% | 1.6% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.28 | $-0.34 | ||
| Q3 25 | $0.97 | $0.19 | ||
| Q2 25 | $0.60 | $0.09 | ||
| Q1 25 | $0.93 | $0.03 | ||
| Q4 24 | $1.84 | $-0.46 | ||
| Q3 24 | $1.17 | $-0.13 | ||
| Q2 24 | $1.49 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.2M | $156.7M |
| Total DebtLower is stronger | $32.0M | — |
| Stockholders' EquityBook value | $2.3B | $686.0M |
| Total Assets | $20.3B | $1.1B |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $83.2M | — | ||
| Q4 25 | — | $156.7M | ||
| Q3 25 | — | $191.5M | ||
| Q2 25 | — | $190.8M | ||
| Q1 25 | — | $180.3M | ||
| Q4 24 | — | $240.7M | ||
| Q3 24 | — | $254.6M | ||
| Q2 24 | — | $272.8M |
| Q1 26 | $32.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $5.4M | ||
| Q3 24 | — | $13.2M | ||
| Q2 24 | — | $13.2M |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $686.0M | ||
| Q3 25 | $2.2B | $697.7M | ||
| Q2 25 | $2.2B | $690.0M | ||
| Q1 25 | $2.2B | $686.1M | ||
| Q4 24 | $2.2B | $690.5M | ||
| Q3 24 | $1.9B | $712.7M | ||
| Q2 24 | $1.9B | $736.3M |
| Q1 26 | $20.3B | — | ||
| Q4 25 | $19.4B | $1.1B | ||
| Q3 25 | $19.4B | $1.2B | ||
| Q2 25 | $19.1B | $1.1B | ||
| Q1 25 | $18.8B | $1.1B | ||
| Q4 24 | $18.8B | $1.1B | ||
| Q3 24 | $18.7B | $1.1B | ||
| Q2 24 | $18.2B | $1.1B |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.9M |
| Free Cash FlowOCF − Capex | — | $-37.2M |
| FCF MarginFCF / Revenue | — | -13.9% |
| Capex IntensityCapex / Revenue | — | 13.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-341.2M | $-1.9M | ||
| Q3 25 | $29.8M | $22.0M | ||
| Q2 25 | $-121.2M | $34.8M | ||
| Q1 25 | $148.0M | $-38.9M | ||
| Q4 24 | $-835.3M | $13.9M | ||
| Q3 24 | $-492.6M | $-15.3M | ||
| Q2 24 | $51.1M | $8.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-362.2M | $-37.2M | ||
| Q3 25 | $24.0M | $-6.4M | ||
| Q2 25 | $-125.7M | $17.0M | ||
| Q1 25 | $141.2M | $-66.4M | ||
| Q4 24 | $-853.7M | $-1.3M | ||
| Q3 24 | $-497.2M | $-32.9M | ||
| Q2 24 | $45.8M | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | -195.5% | -13.9% | ||
| Q3 25 | 14.0% | -2.1% | ||
| Q2 25 | -70.1% | 5.6% | ||
| Q1 25 | 96.8% | -23.7% | ||
| Q4 24 | -440.6% | -0.5% | ||
| Q3 24 | -332.4% | -14.5% | ||
| Q2 24 | 28.7% | -2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 13.2% | ||
| Q3 25 | 3.4% | 9.3% | ||
| Q2 25 | 2.5% | 5.8% | ||
| Q1 25 | 4.7% | 9.8% | ||
| Q4 24 | 9.5% | 6.3% | ||
| Q3 24 | 3.0% | 7.7% | ||
| Q2 24 | 3.3% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.54× | 2.72× | ||
| Q2 25 | -3.19× | 9.41× | ||
| Q1 25 | 2.54× | -29.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | -8.04× | — | ||
| Q2 24 | 0.67× | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
MTUS
| Industrial Market Sector | $95.3M | 36% |
| Manufactured Components | $67.8M | 25% |
| Aerospace And Defense | $39.6M | 15% |
| Seamless Mechanical Tubing | $31.3M | 12% |
| Energy Market Sector | $18.3M | 7% |
| Other | $11.3M | 4% |
| Other Market Sector | $3.7M | 1% |
