Columbia Financial, Inc. (CLBK) vs Merchants Bancorp (MBINN)
A side-by-side comparison of Columbia Financial, Inc. 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.
Total return — CLBK vs MBINN
growth of $100 · dividends reinvested · last 6yCLBK vs MBINN: by the numbers
- •CLBK is the larger company ($2.52B vs $2.37B market cap).
- •MBINN trades at the lower trailing earnings multiple (3.76 vs 43.25 P/E), one valuation lens rather than an overall verdict.
- •MBINN converts more revenue to profit (20.51% vs 11.53% net margin).
- •MBINN grew revenue faster over the past five years (23.60% vs 9.43% CAGR).
- •MBINN pays the higher dividend yield (7.92% vs 0.44%).
Metrics side by side
Valuation
| Metric | CLBK | MBINN |
|---|---|---|
| P/E ratio | 43.25 | 3.76 |
| Forward P/E | 40.39 | 3.36 |
| P/S ratio | 4.99 | 1.81 |
| P/B ratio | 2.10 | 1.28 |
Profitability
| Metric | CLBK | MBINN |
|---|---|---|
| Operating margin | 11.80% | 21.15% |
| Net margin | 11.53% | 20.51% |
| ROE | 4.86% | 11.22% |
Columbia Financial, Inc.: 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 | CLBK | MBINN |
|---|---|---|
| Dividend yield | 0.44% | 7.92% |
| Payout ratio | 19.20% | 30.12% |
Growth (annualized)
| Metric | CLBK | MBINN |
|---|---|---|
| Revenue CAGR (5Y) | 9.43% | 23.60% |
| EPS CAGR (5Y) | -0.39% | -0.37% |
| Total return CAGR (5Y) | 5.66% | 0.54% |
Frequently asked
- Which has the lower trailing P/E, CLBK or MBINN?
- MBINN has the lower trailing P/E: CLBK trades at 43.25 and MBINN at 3.76. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CLBK or MBINN?
- Over the past five years, MBINN grew revenue faster — CLBK at a 9.43% CAGR versus MBINN at 23.60%.
- Does CLBK or MBINN pay a bigger dividend?
- CLBK yields 0.44% and MBINN yields 7.92% based on trailing dividends and the latest price.
- Is CLBK or MBINN more profitable?
- MBINN runs the higher net margin — CLBK at 11.53% versus MBINN at 20.51%.
- How have CLBK and MBINN total returns compared?
- Over the past 5 years, CLBK delivered 5.66% and MBINN delivered 0.54% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Columbia Financial & Merchants Bancorp appear in these rankings
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.