Merchants Bancorp (MBINM) vs Trustmark Corporation (TRMK)

A side-by-side comparison of Merchants Bancorp and Trustmark Corporation 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.

Compare

Total return — MBINM vs TRMK

growth of $100 · dividends reinvested · last 4y
MBINM +41.9% (+9.1%/yr)TRMK +62.3% (+12.9%/yr)TRMK compounded faster over this window
100150Start $1002023202420252026$142$162
MBINM TRMK

MBINM vs TRMK: by the numbers

  • •TRMK is the larger company ($2.65B vs $2.54B market cap).
  • •MBINM trades at the lower trailing earnings multiple (5.10 vs 11.48 P/E), one valuation lens rather than an overall verdict.
  • •MBINM converts more revenue to profit (20.51% vs 19.84% net margin).
  • •MBINM grew revenue faster over the past five years (23.60% vs 13.43% CAGR).
  • •MBINM pays the higher dividend yield (8.13% vs 2.18%).

Metrics side by side

Valuation

MetricMBINMTRMK
P/E ratio5.1011.48
Forward P/E4.5611.36
PEG ratioN/A1.42
P/S ratio1.942.24
P/B ratio1.381.24

Profitability

MetricMBINMTRMK
Operating margin21.15%21.37%
Net margin20.51%19.84%
ROE11.22%10.93%

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.

Trustmark 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.

Dividends

MetricMBINMTRMK
Dividend yield8.13%2.18%
Payout ratio41.41%25.13%

Growth (annualized)

MetricMBINMTRMK
Revenue CAGR (5Y)23.60%13.43%
EPS CAGR (5Y)-0.37%8.10%
Total return CAGR (5Y)N/A9.88%

Frequently asked

Which has the lower trailing P/E, MBINM or TRMK?
MBINM has the lower trailing P/E: MBINM trades at 5.10 and TRMK at 11.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MBINM or TRMK?
Over the past five years, MBINM grew revenue faster — MBINM at a 23.60% CAGR versus TRMK at 13.43%.
Does MBINM or TRMK pay a bigger dividend?
MBINM yields 8.13% and TRMK yields 2.18% based on trailing dividends and the latest price.
Is MBINM or TRMK more profitable?
MBINM runs the higher net margin — MBINM at 20.51% versus TRMK at 19.84%.

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.