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Side-by-side financial comparison of Merchants Bancorp (MBIN) and PAMT CORP (PAMT). Click either name above to swap in a different company.
Merchants Bancorp is the larger business by last-quarter revenue ($175.2M vs $141.3M, roughly 1.2× PAMT CORP). Merchants Bancorp runs the higher net margin — 38.6% vs -20.7%, a 59.3% gap on every dollar of revenue. Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs -12.0%).
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 PAMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $175.2M | $141.3M |
| Net Profit | $67.7M | $-29.3M |
| Gross Margin | — | — |
| Operating Margin | — | -27.0% |
| Net Margin | 38.6% | -20.7% |
| Revenue YoY | — | -15.1% |
| Net Profit YoY | 16.3% | 7.4% |
| EPS (diluted) | $1.25 | $-1.38 |
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 | $141.3M | ||
| Q3 25 | $171.1M | $150.3M | ||
| Q2 25 | $179.2M | $151.1M | ||
| Q1 25 | $145.9M | $155.3M | ||
| Q4 24 | $193.8M | $166.5M | ||
| Q3 24 | $149.6M | $182.6M | ||
| Q2 24 | $159.5M | $182.9M |
| Q1 26 | $67.7M | — | ||
| Q4 25 | — | $-29.3M | ||
| Q3 25 | $54.7M | $-5.6M | ||
| Q2 25 | $38.0M | $-9.6M | ||
| Q1 25 | $58.2M | $-8.1M | ||
| Q4 24 | — | $-31.6M | ||
| Q3 24 | $61.3M | $2.4M | ||
| Q2 24 | $76.4M | $-2.9M |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | -27.0% | ||
| Q3 25 | 37.8% | -3.8% | ||
| Q2 25 | 27.3% | -7.3% | ||
| Q1 25 | 52.4% | -5.9% | ||
| Q4 24 | 66.0% | -22.6% | ||
| Q3 24 | 54.4% | 1.3% | ||
| Q2 24 | 62.2% | -0.4% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | — | -20.7% | ||
| Q3 25 | 32.0% | -3.7% | ||
| Q2 25 | 21.2% | -6.4% | ||
| Q1 25 | 39.9% | -5.2% | ||
| Q4 24 | — | -19.0% | ||
| Q3 24 | 41.0% | 1.3% | ||
| Q2 24 | 47.9% | -1.6% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.28 | $-1.38 | ||
| Q3 25 | $0.97 | $-0.27 | ||
| Q2 25 | $0.60 | $-0.46 | ||
| Q1 25 | $0.93 | $-0.37 | ||
| Q4 24 | $1.84 | $-1.44 | ||
| Q3 24 | $1.17 | $0.11 | ||
| Q2 24 | $1.49 | $-0.13 |
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 | $83.7M |
| Total DebtLower is stronger | $32.0M | $333.9M |
| Stockholders' EquityBook value | $2.3B | $210.5M |
| Total Assets | $20.3B | $697.9M |
| Debt / EquityLower = less leverage | 0.01× | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $83.2M | — | ||
| Q4 25 | — | $83.7M | ||
| Q3 25 | — | $115.6M | ||
| Q2 25 | — | $117.3M | ||
| Q1 25 | — | $102.7M | ||
| Q4 24 | — | $110.7M | ||
| Q3 24 | — | $92.3M | ||
| Q2 24 | — | $114.0M |
| Q1 26 | $32.0M | — | ||
| Q4 25 | — | $333.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $325.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $210.5M | ||
| Q3 25 | $2.2B | $239.5M | ||
| Q2 25 | $2.2B | $244.9M | ||
| Q1 25 | $2.2B | $269.6M | ||
| Q4 24 | $2.2B | $277.5M | ||
| Q3 24 | $1.9B | $308.9M | ||
| Q2 24 | $1.9B | $306.7M |
| Q1 26 | $20.3B | — | ||
| Q4 25 | $19.4B | $697.9M | ||
| Q3 25 | $19.4B | $715.2M | ||
| Q2 25 | $19.1B | $707.9M | ||
| Q1 25 | $18.8B | $712.6M | ||
| Q4 24 | $18.8B | $741.7M | ||
| Q3 24 | $18.7B | $756.7M | ||
| Q2 24 | $18.2B | $733.5M |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-25.0M |
| FCF MarginFCF / Revenue | — | -17.7% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-341.2M | $-5.8M | ||
| Q3 25 | $29.8M | $5.9M | ||
| Q2 25 | $-121.2M | $12.2M | ||
| Q1 25 | $148.0M | $5.0M | ||
| Q4 24 | $-835.3M | $15.2M | ||
| Q3 24 | $-492.6M | $15.5M | ||
| Q2 24 | $51.1M | $18.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-362.2M | $-25.0M | ||
| Q3 25 | $24.0M | $2.5M | ||
| Q2 25 | $-125.7M | $5.9M | ||
| Q1 25 | $141.2M | $-6.8M | ||
| Q4 24 | $-853.7M | $-39.9M | ||
| Q3 24 | $-497.2M | $-33.6M | ||
| Q2 24 | $45.8M | $4.1M |
| Q1 26 | — | — | ||
| Q4 25 | -195.5% | -17.7% | ||
| Q3 25 | 14.0% | 1.7% | ||
| Q2 25 | -70.1% | 3.9% | ||
| Q1 25 | 96.8% | -4.4% | ||
| Q4 24 | -440.6% | -24.0% | ||
| Q3 24 | -332.4% | -18.4% | ||
| Q2 24 | 28.7% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 13.6% | ||
| Q3 25 | 3.4% | 2.3% | ||
| Q2 25 | 2.5% | 4.2% | ||
| Q1 25 | 4.7% | 7.6% | ||
| Q4 24 | 9.5% | 33.1% | ||
| Q3 24 | 3.0% | 26.9% | ||
| Q2 24 | 3.3% | 8.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | -3.19× | — | ||
| Q1 25 | 2.54× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -8.04× | 6.44× | ||
| Q2 24 | 0.67× | — |
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% |
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
