Which has the lower trailing P/E, ETOR or MBIN?

ETOR has the lower trailing P/E: ETOR trades at 9.66 and MBIN at 10.03. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ETOR or MBIN?

Over the past five years, ETOR grew revenue faster — ETOR at a 90.53% CAGR versus MBIN at 23.60%.

Does ETOR or MBIN pay a bigger dividend?

MBIN pays a dividend (0.86% yield), while ETOR has no payments in the available dividend history.

Is ETOR or MBIN more profitable?

MBIN runs the higher net margin — ETOR at 3.08% versus MBIN at 20.51%.

eToro Group Ltd. (ETOR) vs Merchants Bancorp (MBIN)

A side-by-side comparison of eToro Group Ltd. 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.

ETOR

eToro Group Ltd.

$2.20B

$26.17Financial ServicesDelayed quote: Oct 6, 2026, 10:55 AM EDT

MBIN

Merchants Bancorp

$2.29B

$49.95Financial ServicesDelayed quote: Oct 6, 2026, 10:55 AM EDT

Total return — ETOR vs MBIN

growth of $100 · dividends reinvested · last 1y

ETOR -50.6% (-50.6%/yr)MBIN +55.2% (+55.2%/yr)MBIN compounded faster over this window

ETOR MBIN

ETOR vs MBIN: by the numbers

•MBIN is the larger company ($2.29B vs $2.20B market cap).
•ETOR trades at the lower trailing earnings multiple (9.66 vs 10.03 P/E), one valuation lens rather than an overall verdict.
•MBIN converts more revenue to profit (20.51% vs 3.08% net margin).
•ETOR grew revenue faster over the past five years (90.53% vs 23.60% CAGR).
•MBIN pays a dividend (0.86% yield), while ETOR has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ETOR	MBIN
P/E ratio	9.66	10.03
Forward P/E	10.54	8.96
P/S ratio	0.26	1.75
P/B ratio	1.62	1.25

Profitability

Metric	ETOR	MBIN
Gross margin	9.44%	N/A
Operating margin	3.75%	21.15%
Net margin	3.08%	20.51%
ROE	19.18%	11.22%

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	ETOR	MBIN
Dividend yield	N/A	0.86%
Payout ratio	N/A	8.63%

Growth (annualized)

Metric	ETOR	MBIN
Revenue CAGR (5Y)	90.53%	23.60%
EPS CAGR (5Y)	-11.42%	-0.37%
Total return CAGR (5Y)	N/A	13.50%

Frequently asked

Which has the lower trailing P/E, ETOR or MBIN?: ETOR has the lower trailing P/E: ETOR trades at 9.66 and MBIN at 10.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ETOR or MBIN?: Over the past five years, ETOR grew revenue faster — ETOR at a 90.53% CAGR versus MBIN at 23.60%.
Does ETOR or MBIN pay a bigger dividend?: MBIN pays a dividend (0.86% yield), while ETOR has no payments in the available dividend history.
Is ETOR or MBIN more profitable?: MBIN runs the higher net margin — ETOR at 3.08% versus MBIN at 20.51%.

Go deeper

Full ETOR analysis Full MBIN analysis Interactive comparison tool

Dig into the metrics

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

eToro & Merchants Bancorp appear in these rankings

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.