eToro Group Ltd. (ETOR) vs Merchants Bancorp (MBINL)
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.
$26.17Financial ServicesDelayed quote: Oct 6, 2026, 10:55 AM EDT
MBINL
Merchants Bancorp
$23.47Financial ServicesDelayed quote: Oct 6, 2026, 10:51 AM EDT
Total return — ETOR vs MBINL
growth of $100 · dividends reinvested · last 1yETOR -50.6% (-50.6%/yr)MBINL +11.7% (+11.7%/yr)MBINL compounded faster over this window
ETOR MBINL
ETOR vs MBINL: by the numbers
- •MBINL is the larger company ($2.41B vs $2.20B market cap).
- •MBINL trades at the lower trailing earnings multiple (4.71 vs 9.66 P/E), one valuation lens rather than an overall verdict.
- •MBINL 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).
- •MBINL pays a dividend (8.34% yield), while ETOR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ETOR | MBINL |
|---|---|---|
| P/E ratio | 9.66 | 4.71 |
| Forward P/E | 10.54 | 4.21 |
| P/S ratio | 0.26 | 1.84 |
| P/B ratio | 1.62 | 1.31 |
Profitability
| Metric | ETOR | MBINL |
|---|---|---|
| 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 | MBINL |
|---|---|---|
| Dividend yield | N/A | 8.34% |
| Payout ratio | N/A | 38.31% |
Growth (annualized)
| Metric | ETOR | MBINL |
|---|---|---|
| Revenue CAGR (5Y) | 90.53% | 23.60% |
| EPS CAGR (5Y) | -11.42% | -0.37% |
Frequently asked
- Which has the lower trailing P/E, ETOR or MBINL?
- MBINL has the lower trailing P/E: ETOR trades at 9.66 and MBINL at 4.71. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ETOR or MBINL?
- Over the past five years, ETOR grew revenue faster — ETOR at a 90.53% CAGR versus MBINL at 23.60%.
- Does ETOR or MBINL pay a bigger dividend?
- MBINL pays a dividend (8.34% yield), while ETOR has no payments in the available dividend history.
- Is ETOR or MBINL more profitable?
- MBINL runs the higher net margin — ETOR at 3.08% versus MBINL at 20.51%.
Go deeper
Dig into the metrics
eToro P/E ratioMerchants Bancorp P/E ratioMerchants Bancorp dividend yieldeToro ROEMerchants Bancorp ROEeToro operating marginMerchants Bancorp operating margineToro revenue growthMerchants Bancorp revenue growth
eToro & 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.