Banner (BANR) vs Merchants Bancorp (MBIN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Merchants Bancorp (MBIN) has outperformed Banner (BANR) over the past year, gaining 52.3% versus a gain of 5.6%. Over five years, MBIN leads with a +75.8% price change compared with +15.4% for BANR. Banner is the larger company by market cap ($2.43 billion vs $2.25 billion), about 1.1 times the size.
On valuation, Merchants Bancorp trades at a lower forward P/E (8.1x vs 9.9x for Banner). Banner offers the higher dividend yield (3.01% vs 0.86%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BANR | MBIN |
|---|---|---|
| Share price | $66.43 | $48.92 |
| Market cap | $2.43B | $2.25B |
| 1-day change | -0.66% | -1.77% |
| YTD return | +6.02% | +43.63% |
| 1-year return | +5.65% | +52.30% |
| 5-year return | +15.43% | +75.76% |
| P/E ratio (TTM) | 10.96 | 10.00 |
| Forward P/E | 9.85 | 8.14 |
| EPS (TTM) | $6.06 | $4.89 |
| Dividend yield | 3.01% | 0.86% |
| Annual dividend | $2.00 | $0.42 |
| Revenue (latest FY) | — | $681.45M |
| Revenue growth (YoY) | — | +1.60% |
| Net income (latest FY) | $195.38M | $218.77M |
| Net margin | — | 32.10% |
| 52-week high | $74.84 | $56.87 |
| 52-week low | $57.05 | $30.37 |
| Distance from 52-week high | -11.24% | -13.98% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +14.15% | +30.83% |
| Average volume | 342.46K | 186.70K |
| Shares outstanding | 36.64M | 45.94M |
| Employees | 1,888 | 735 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MBIN has outperformed BANR by 46.7 percentage points over the past year.
- Banner offers a meaningfully higher dividend yield (3.01% vs 0.86%).
About Banner
BANR stock →Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans.
Finance · Major Banks · 1,888 employees
About Merchants Bancorp
MBIN stock →Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking.
Finance · Major Banks · 735 employees
BANR vs MBIN FAQ
Which is bigger, Banner or Merchants Bancorp?
Banner (BANR) is larger, with a market capitalization of $2.43B compared with $2.25B for Merchants Bancorp (MBIN).
Which stock has performed better over the past year, BANR or MBIN?
MBIN returned +52.30% over the past 12 months, compared with +5.65% for BANR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BANR or MBIN?
MBIN has the lower trailing P/E at 10.0, versus 11.0 for BANR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Banner or Merchants Bancorp?
Banner has the higher yield at 3.01%, compared with 0.86% for Merchants Bancorp.
Are Banner and Merchants Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.