Merchants Bancorp (MBIN) vs Stock Yards Bancorp (SYBT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Merchants Bancorp (MBIN) has outperformed Stock Yards Bancorp (SYBT) over the past year, gaining 54.8% versus a gain of 8.2%. Over five years, MBIN leads with a +78.9% price change compared with +21.5% for SYBT. Stock Yards Bancorp is the larger company by market cap ($2.33 billion vs $2.27 billion), about 1.0 times the size.
On valuation, Merchants Bancorp trades at a lower forward P/E (8.2x vs 13.2x for Stock Yards Bancorp). Stock Yards Bancorp offers the higher dividend yield (1.71% vs 0.85%). Stock Yards Bancorp converts more of its revenue into profit, with a net margin of 35.3% versus 32.1%.
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 | MBIN | SYBT |
|---|---|---|
| Share price | $49.34 | $74.91 |
| Market cap | $2.27B | $2.33B |
| 1-day change | -0.92% | -1.29% |
| YTD return | +46.21% | +16.84% |
| 1-year return | +54.75% | +8.18% |
| 5-year return | +78.92% | +21.48% |
| P/E ratio (TTM) | 9.91 | 14.92 |
| Forward P/E | 8.21 | 13.17 |
| EPS (TTM) | $4.98 | $5.02 |
| Dividend yield | 0.85% | 1.71% |
| Annual dividend | $0.42 | $1.28 |
| Revenue (latest FY) | $681.45M | $397.26M |
| Revenue growth (YoY) | +1.60% | +12.77% |
| Net income (latest FY) | $218.77M | $140.15M |
| Net margin | 32.10% | 35.28% |
| 52-week high | $56.87 | $89.22 |
| 52-week low | $30.37 | $61.51 |
| Distance from 52-week high | -13.24% | -16.04% |
| Analyst consensus | hold | none |
| Avg. price target upside | +29.71% | +20.41% |
| Average volume | 186.70K | 163.88K |
| Shares outstanding | 45.94M | 31.07M |
| Employees | 735 | 1,270 |
| 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 SYBT by 46.6 percentage points over the past year.
- Stock Yards Bancorp trades at a higher earnings multiple (14.9x vs 9.9x trailing P/E).
- Stock Yards Bancorp grew revenue faster in its latest fiscal year (+12.77% vs +1.60%).
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
About Stock Yards Bancorp
SYBT stock →Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.
Finance · Major Banks · 1,270 employees
MBIN vs SYBT FAQ
Which is bigger, Merchants Bancorp or Stock Yards Bancorp?
Stock Yards Bancorp (SYBT) is larger, with a market capitalization of $2.33B compared with $2.27B for Merchants Bancorp (MBIN).
Which stock has performed better over the past year, MBIN or SYBT?
MBIN returned +54.75% over the past 12 months, compared with +8.18% for SYBT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MBIN or SYBT?
MBIN has the lower trailing P/E at 9.9, versus 14.9 for SYBT. 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, Merchants Bancorp or Stock Yards Bancorp?
Stock Yards Bancorp has the higher yield at 1.71%, compared with 0.85% for Merchants Bancorp.
Are Merchants Bancorp and Stock Yards Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.