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Side-by-side financial comparison of Merchants Bancorp (MBIN) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $175.2M, roughly 1.9× Merchants Bancorp). Merchants Bancorp runs the higher net margin — 38.6% vs -18.0%, a 56.6% gap on every dollar of revenue. Over the past eight quarters, Merchants Bancorp's revenue compounded faster (4.8% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
MBIN vs WH — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $175.2M | $334.0M |
| Net Profit | $67.7M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 38.6% | -18.0% |
| Revenue YoY | — | -76.3% |
| Net Profit YoY | 16.3% | -170.6% |
| EPS (diluted) | $1.25 | $-0.80 |
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 | $334.0M | ||
| Q4 25 | $185.3M | $334.0M | ||
| Q3 25 | $171.1M | $382.0M | ||
| Q2 25 | $179.2M | $397.0M | ||
| Q1 25 | $145.9M | $316.0M | ||
| Q4 24 | $193.8M | $336.0M | ||
| Q3 24 | $149.6M | $396.0M | ||
| Q2 24 | $159.5M | $367.0M |
| Q1 26 | $67.7M | $-60.0M | ||
| Q4 25 | — | $-60.0M | ||
| Q3 25 | $54.7M | $105.0M | ||
| Q2 25 | $38.0M | $87.0M | ||
| Q1 25 | $58.2M | $61.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | $61.3M | $102.0M | ||
| Q2 24 | $76.4M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | -11.4% | ||
| Q3 25 | 37.8% | 46.6% | ||
| Q2 25 | 27.3% | 37.8% | ||
| Q1 25 | 52.4% | 35.4% | ||
| Q4 24 | 66.0% | 38.4% | ||
| Q3 24 | 54.4% | 43.2% | ||
| Q2 24 | 62.2% | 39.5% |
| Q1 26 | 38.6% | -18.0% | ||
| Q4 25 | — | -18.0% | ||
| Q3 25 | 32.0% | 27.5% | ||
| Q2 25 | 21.2% | 21.9% | ||
| Q1 25 | 39.9% | 19.3% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | 41.0% | 25.8% | ||
| Q2 24 | 47.9% | 23.4% |
| Q1 26 | $1.25 | $-0.80 | ||
| Q4 25 | $1.28 | $-0.77 | ||
| Q3 25 | $0.97 | $1.36 | ||
| Q2 25 | $0.60 | $1.13 | ||
| Q1 25 | $0.93 | $0.78 | ||
| Q4 24 | $1.84 | $1.06 | ||
| Q3 24 | $1.17 | $1.29 | ||
| Q2 24 | $1.49 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $32.0M | — |
| Stockholders' EquityBook value | $2.3B | $468.0M |
| Total Assets | $20.3B | $4.2B |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $83.2M | $64.0M | ||
| Q4 25 | — | $64.0M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | — | $50.0M | ||
| Q1 25 | — | $48.0M | ||
| Q4 24 | — | $103.0M | ||
| Q3 24 | — | $72.0M | ||
| Q2 24 | — | $70.0M |
| Q1 26 | $32.0M | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | $2.3B | $468.0M | ||
| Q4 25 | $2.3B | $468.0M | ||
| Q3 25 | $2.2B | $583.0M | ||
| Q2 25 | $2.2B | $570.0M | ||
| Q1 25 | $2.2B | $579.0M | ||
| Q4 24 | $2.2B | $650.0M | ||
| Q3 24 | $1.9B | $583.0M | ||
| Q2 24 | $1.9B | $623.0M |
| Q1 26 | $20.3B | $4.2B | ||
| Q4 25 | $19.4B | $4.2B | ||
| Q3 25 | $19.4B | $4.3B | ||
| Q2 25 | $19.1B | $4.3B | ||
| Q1 25 | $18.8B | $4.2B | ||
| Q4 24 | $18.8B | $4.2B | ||
| Q3 24 | $18.7B | $4.2B | ||
| Q2 24 | $18.2B | $4.2B |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | — | $367.0M |
| Free Cash FlowOCF − Capex | — | $168.0M |
| FCF MarginFCF / Revenue | — | 50.3% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $-341.2M | $152.0M | ||
| Q3 25 | $29.8M | $86.0M | ||
| Q2 25 | $-121.2M | $70.0M | ||
| Q1 25 | $148.0M | $59.0M | ||
| Q4 24 | $-835.3M | $134.0M | ||
| Q3 24 | $-492.6M | $79.0M | ||
| Q2 24 | $51.1M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $-362.2M | $136.0M | ||
| Q3 25 | $24.0M | $75.0M | ||
| Q2 25 | $-125.7M | $58.0M | ||
| Q1 25 | $141.2M | $52.0M | ||
| Q4 24 | $-853.7M | $109.0M | ||
| Q3 24 | $-497.2M | $71.0M | ||
| Q2 24 | $45.8M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | -195.5% | 40.7% | ||
| Q3 25 | 14.0% | 19.6% | ||
| Q2 25 | -70.1% | 14.6% | ||
| Q1 25 | 96.8% | 16.5% | ||
| Q4 24 | -440.6% | 32.4% | ||
| Q3 24 | -332.4% | 17.9% | ||
| Q2 24 | 28.7% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 4.8% | ||
| Q3 25 | 3.4% | 2.9% | ||
| Q2 25 | 2.5% | 3.0% | ||
| Q1 25 | 4.7% | 2.2% | ||
| Q4 24 | 9.5% | 7.4% | ||
| Q3 24 | 3.0% | 2.0% | ||
| Q2 24 | 3.3% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.54× | 0.82× | ||
| Q2 25 | -3.19× | 0.80× | ||
| Q1 25 | 2.54× | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | -8.04× | 0.77× | ||
| Q2 24 | 0.67× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
