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

MBINL has the lower trailing P/E: BUSE trades at 10.67 and MBINL at 4.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BUSE or MBINL?

Over the past five years, MBINL grew revenue faster — BUSE at a 16.75% CAGR versus MBINL at 23.60%.

Does BUSE or MBINL pay a bigger dividend?

BUSE yields 3.49% and MBINL yields 8.34% based on trailing dividends and the latest price.

Is BUSE or MBINL more profitable?

BUSE runs the higher net margin — BUSE at 24.65% versus MBINL at 20.51%.

First Busey Corporation (BUSE) vs Merchants Bancorp (MBINL)

A side-by-side comparison of First Busey 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.

BUSE

First Busey Corporation

$2.50B

$29.55Financial ServicesDelayed quote: Oct 6, 2026, 12:10 PM EDT

MBINL

Merchants Bancorp

$2.38B

$23.20Financial ServicesDelayed quote: Oct 6, 2026, 11:59 AM EDT

Total return — BUSE vs MBINL

growth of $100 · dividends reinvested · last 2y

BUSE +20.3% (+9.7%/yr)MBINL +6.6% (+3.3%/yr)BUSE compounded faster over this window

BUSE MBINL

BUSE vs MBINL: by the numbers

•BUSE is the larger company ($2.50B vs $2.38B market cap).
•MBINL trades at the lower trailing earnings multiple (4.66 vs 10.67 P/E), one valuation lens rather than an overall verdict.
•BUSE converts more revenue to profit (24.65% vs 20.51% net margin).
•MBINL grew revenue faster over the past five years (23.60% vs 16.75% CAGR).
•MBINL pays the higher dividend yield (8.34% vs 3.49%).

Metrics side by side

Valuation

Metric	BUSE	MBINL
P/E ratio	10.67	4.66
Forward P/E	11.59	4.16
P/S ratio	2.67	1.82
P/B ratio	1.05	1.29

Profitability

Metric	BUSE	MBINL
Operating margin	16.52%	21.15%
Net margin	24.65%	20.51%
ROE	9.69%	11.22%

First Busey 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	BUSE	MBINL
Dividend yield	3.49%	8.34%
Payout ratio	37.18%	38.31%

Growth (annualized)

Metric	BUSE	MBINL
Revenue CAGR (5Y)	16.75%	23.60%
EPS CAGR (5Y)	-4.13%	-0.37%
Total return CAGR (5Y)	7.08%	N/A

Frequently asked

Which has the lower trailing P/E, BUSE or MBINL?: MBINL has the lower trailing P/E: BUSE trades at 10.67 and MBINL at 4.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BUSE or MBINL?: Over the past five years, MBINL grew revenue faster — BUSE at a 16.75% CAGR versus MBINL at 23.60%.
Does BUSE or MBINL pay a bigger dividend?: BUSE yields 3.49% and MBINL yields 8.34% based on trailing dividends and the latest price.
Is BUSE or MBINL more profitable?: BUSE runs the higher net margin — BUSE at 24.65% versus MBINL at 20.51%.

Go deeper

Full BUSE analysis Full MBINL analysis Interactive comparison tool

Dig into the metrics

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

First Busey & 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.