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Side-by-side financial comparison of Merchants Bancorp (MBIN) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $175.2M, roughly 1.2× Merchants Bancorp). Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
MBIN vs SRI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $175.2M | $205.2M |
| Net Profit | $67.7M | — |
| Gross Margin | — | 16.2% |
| Operating Margin | — | -14.4% |
| Net Margin | 38.6% | — |
| Revenue YoY | — | -6.0% |
| Net Profit YoY | 16.3% | — |
| EPS (diluted) | $1.25 | $-2.76 |
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 | $205.2M | ||
| Q3 25 | $171.1M | $210.3M | ||
| Q2 25 | $179.2M | $228.0M | ||
| Q1 25 | $145.9M | $217.9M | ||
| Q4 24 | $193.8M | $218.2M | ||
| Q3 24 | $149.6M | $213.8M | ||
| Q2 24 | $159.5M | $237.1M |
| Q1 26 | $67.7M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $54.7M | $-9.4M | ||
| Q2 25 | $38.0M | $-9.4M | ||
| Q1 25 | $58.2M | $-7.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $61.3M | $-7.1M | ||
| Q2 24 | $76.4M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | 20.3% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 22.7% |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | -14.4% | ||
| Q3 25 | 37.8% | -1.6% | ||
| Q2 25 | 27.3% | -1.1% | ||
| Q1 25 | 52.4% | -1.5% | ||
| Q4 24 | 66.0% | -2.0% | ||
| Q3 24 | 54.4% | 0.1% | ||
| Q2 24 | 62.2% | 1.4% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 32.0% | -4.5% | ||
| Q2 25 | 21.2% | -4.1% | ||
| Q1 25 | 39.9% | -3.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 41.0% | -3.3% | ||
| Q2 24 | 47.9% | 1.2% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.28 | $-2.76 | ||
| Q3 25 | $0.97 | $-0.34 | ||
| Q2 25 | $0.60 | $-0.34 | ||
| Q1 25 | $0.93 | $-0.26 | ||
| Q4 24 | $1.84 | $-0.22 | ||
| Q3 24 | $1.17 | $-0.26 | ||
| 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 | $66.3M |
| Total DebtLower is stronger | $32.0M | $180.9M |
| Stockholders' EquityBook value | $2.3B | $179.8M |
| Total Assets | $20.3B | $551.2M |
| Debt / EquityLower = less leverage | 0.01× | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $83.2M | — | ||
| Q4 25 | — | $66.3M | ||
| Q3 25 | — | $54.0M | ||
| Q2 25 | — | $49.8M | ||
| Q1 25 | — | $79.1M | ||
| Q4 24 | — | $71.8M | ||
| Q3 24 | — | $54.1M | ||
| Q2 24 | — | $42.1M |
| Q1 26 | $32.0M | — | ||
| Q4 25 | — | $180.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $179.8M | ||
| Q3 25 | $2.2B | $251.2M | ||
| Q2 25 | $2.2B | $260.5M | ||
| Q1 25 | $2.2B | $253.1M | ||
| Q4 24 | $2.2B | $245.3M | ||
| Q3 24 | $1.9B | $271.4M | ||
| Q2 24 | $1.9B | $270.5M |
| Q1 26 | $20.3B | — | ||
| Q4 25 | $19.4B | $551.2M | ||
| Q3 25 | $19.4B | $632.1M | ||
| Q2 25 | $19.1B | $639.4M | ||
| Q1 25 | $18.8B | $657.4M | ||
| Q4 24 | $18.8B | $621.6M | ||
| Q3 24 | $18.7B | $662.5M | ||
| Q2 24 | $18.2B | $666.7M |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.82× | ||
| 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 | — | $8.8M |
| Free Cash FlowOCF − Capex | — | $2.6M |
| FCF MarginFCF / Revenue | — | 1.3% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-341.2M | $8.8M | ||
| Q3 25 | $29.8M | $3.6M | ||
| Q2 25 | $-121.2M | $10.7M | ||
| Q1 25 | $148.0M | $10.9M | ||
| Q4 24 | $-835.3M | $19.2M | ||
| Q3 24 | $-492.6M | $10.8M | ||
| Q2 24 | $51.1M | $8.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-362.2M | $2.6M | ||
| Q3 25 | $24.0M | $-2.7M | ||
| Q2 25 | $-125.7M | $7.4M | ||
| Q1 25 | $141.2M | $4.8M | ||
| Q4 24 | $-853.7M | $14.0M | ||
| Q3 24 | $-497.2M | $4.6M | ||
| Q2 24 | $45.8M | $1.5M |
| Q1 26 | — | — | ||
| Q4 25 | -195.5% | 1.3% | ||
| Q3 25 | 14.0% | -1.3% | ||
| Q2 25 | -70.1% | 3.3% | ||
| Q1 25 | 96.8% | 2.2% | ||
| Q4 24 | -440.6% | 6.4% | ||
| Q3 24 | -332.4% | 2.2% | ||
| Q2 24 | 28.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 3.0% | ||
| Q3 25 | 3.4% | 3.0% | ||
| Q2 25 | 2.5% | 1.4% | ||
| Q1 25 | 4.7% | 2.8% | ||
| Q4 24 | 9.5% | 2.4% | ||
| Q3 24 | 3.0% | 2.9% | ||
| Q2 24 | 3.3% | 3.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | -3.19× | — | ||
| Q1 25 | 2.54× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -8.04× | — | ||
| Q2 24 | 0.67× | 3.11× |
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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
