Which has the lower trailing P/E, BANR or MBINL?

MBINL has the lower trailing P/E: BANR trades at 11.14 and MBINL at 4.67. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BANR or MBINL?

Over the past five years, MBINL grew revenue faster — BANR at a 1.01% CAGR versus MBINL at 23.60%.

Does BANR or MBINL pay a bigger dividend?

BANR yields 3.03% and MBINL yields 8.34% based on trailing dividends and the latest price.

Is BANR or MBINL more profitable?

BANR runs the higher net margin — BANR at 31.24% versus MBINL at 20.51%.

Banner Corporation (BANR) vs Merchants Bancorp (MBINL)

A side-by-side comparison of Banner Corporation and Merchants Bancorp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

BANR

Banner Corporation

$2.30B

$67.53Financial ServicesDelayed quote: Oct 6, 2026, 11:49 AM EDT

MBINL

Merchants Bancorp

$2.39B

$23.27Financial ServicesDelayed quote: Oct 6, 2026, 11:26 AM EDT

Total return — BANR vs MBINL

growth of $100 · dividends reinvested · last 2y

BANR -4.6% (-2.3%/yr)MBINL +6.6% (+3.3%/yr)MBINL compounded faster over this window

BANR MBINL

BANR vs MBINL: by the numbers

•MBINL is the larger company ($2.39B vs $2.30B market cap).
•MBINL trades at the lower trailing earnings multiple (4.67 vs 11.14 P/E), one valuation lens rather than an overall verdict.
•BANR converts more revenue to profit (31.24% vs 20.51% net margin).
•MBINL grew revenue faster over the past five years (23.60% vs 1.01% CAGR).
•MBINL pays the higher dividend yield (8.34% vs 3.03%).

Metrics side by side

Valuation

Metric	BANR	MBINL
P/E ratio	11.14	4.67
Forward P/E	11.34	4.18
PEG ratio	0.96	N/A
P/S ratio	3.44	1.82
P/B ratio	1.15	1.29

Profitability

Metric	BANR	MBINL
Operating margin	29.45%	21.15%
Net margin	31.24%	20.51%
ROE	10.42%	11.22%

Banner Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Merchants Bancorp: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	BANR	MBINL
Dividend yield	3.03%	8.34%
Payout ratio	33.66%	38.31%

Growth (annualized)

Metric	BANR	MBINL
Revenue CAGR (5Y)	1.01%	23.60%
EPS CAGR (5Y)	11.50%	-0.37%
Total return CAGR (5Y)	6.88%	N/A

Frequently asked

Which has the lower trailing P/E, BANR or MBINL?: MBINL has the lower trailing P/E: BANR trades at 11.14 and MBINL at 4.67. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BANR or MBINL?: Over the past five years, MBINL grew revenue faster — BANR at a 1.01% CAGR versus MBINL at 23.60%.
Does BANR or MBINL pay a bigger dividend?: BANR yields 3.03% and MBINL yields 8.34% based on trailing dividends and the latest price.
Is BANR or MBINL more profitable?: BANR runs the higher net margin — BANR at 31.24% versus MBINL at 20.51%.

Go deeper

Full BANR analysis Full MBINL analysis Interactive comparison tool

Dig into the metrics

Banner P/E ratio Merchants Bancorp P/E ratio Banner dividend yield Merchants Bancorp dividend yield Banner ROE Merchants Bancorp ROE Banner operating margin Merchants Bancorp operating margin Banner revenue growth Merchants Bancorp revenue growth

Banner & Merchants Bancorp appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.