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

MBINM has the lower trailing P/E: BUSE trades at 10.69 and MBINM at 5.12. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BUSE or MBINM?

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

Does BUSE or MBINM pay a bigger dividend?

BUSE yields 3.49% and MBINM yields 8.13% based on trailing dividends and the latest price.

Is BUSE or MBINM more profitable?

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

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

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

$29.61Financial ServicesDelayed quote: Oct 6, 2026, 11:35 AM EDT

MBINM

Merchants Bancorp

$2.54B

$25.48Financial ServicesDelayed quote: Oct 6, 2026, 11:34 AM EDT

Total return — BUSE vs MBINM

growth of $100 · dividends reinvested · last 4y

BUSE +46.2% (+10.0%/yr)MBINM +41.9% (+9.1%/yr)BUSE compounded faster over this window

BUSE MBINM

BUSE vs MBINM: by the numbers

•MBINM is the larger company ($2.54B vs $2.50B market cap).
•MBINM trades at the lower trailing earnings multiple (5.12 vs 10.69 P/E), one valuation lens rather than an overall verdict.
•BUSE converts more revenue to profit (24.65% vs 20.51% net margin).
•MBINM grew revenue faster over the past five years (23.60% vs 16.75% CAGR).
•MBINM pays the higher dividend yield (8.13% vs 3.49%).

Metrics side by side

Valuation

Metric	BUSE	MBINM
P/E ratio	10.69	5.12
Forward P/E	11.62	4.57
P/S ratio	2.67	1.94
P/B ratio	1.05	1.38

Profitability

Metric	BUSE	MBINM
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	MBINM
Dividend yield	3.49%	8.13%
Payout ratio	37.18%	41.41%

Growth (annualized)

Metric	BUSE	MBINM
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 MBINM?: MBINM has the lower trailing P/E: BUSE trades at 10.69 and MBINM at 5.12. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BUSE or MBINM?: Over the past five years, MBINM grew revenue faster — BUSE at a 16.75% CAGR versus MBINM at 23.60%.
Does BUSE or MBINM pay a bigger dividend?: BUSE yields 3.49% and MBINM yields 8.13% based on trailing dividends and the latest price.
Is BUSE or MBINM more profitable?: BUSE runs the higher net margin — BUSE at 24.65% versus MBINM at 20.51%.

Go deeper

Full BUSE analysis Full MBINM 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.