Customers Bancorp vs Merchants Bancorp
CUBI and MBIN side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How CUBI and MBIN compare
Customers Bancorp is the larger company, worth 1.2 times as much as Merchants Bancorp ($3.0B against $2.4B).
On earnings, Merchants Bancorp is cheaper: it trades at 10.5× trailing earnings, against 10.7× for Customers Bancorp.
Customers Bancorp grew revenue faster over the last twelve months (34.9% versus 6.8% for Merchants Bancorp).
Merchants Bancorp keeps more of each dollar of sales as profit, with a net margin of 37.6% compared with 31.6% at Customers Bancorp.
Merchants Bancorp pays a dividend yielding 0.83%; Customers Bancorp does not pay one.
Merchants Bancorp scores higher on the StockData Score (16 against 12 for Customers Bancorp), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | CUBI | MBIN |
|---|---|---|
| Size and price | ||
| Market cap | $3.0B | $2.4B |
| Share price | $87.49 | $52.09 |
| Change, 1 year | 28.3% | 64.1% |
| Change, 5 years | 47.7% | 62.8% |
| Beta (5Y) | 1.25 | 0.92 |
| Employees | 300 | 735 |
| StockData Score | ||
| Total score | 12 | 16 (better) |
| Valuation score | 2 | 3 (better) |
| Growth score | 2 | 2 |
| Performance score | 4 | 4 |
| Health score | 4 | 4 |
| Dividend score | 0 | 3 (better) |
| Valuation | ||
| P/E | 10.7× | 10.5× (better) |
| P/S | 3.2× (better) | 3.4× |
| P/B | 1.3× | 1.0× (better) |
| P/FCF | 8.1× | – |
| FCF yield | 12.4% (better) | −32.0% |
| Fair value | $76.81 | $51.35 |
| Margin of safety | −13.9% | −1.4% (better) |
| Growth | ||
| Revenue growth (TTM) | 34.9% (better) | 6.8% |
| Revenue growth, 5Y average | 82.7% (better) | 14.1% |
| Net income growth (TTM) | 97.6% (better) | 6.1% |
| EPS growth (TTM) | 103% (better) | 9.5% |
| EPS growth, 5Y average | 10.9% (better) | −0.37% |
| Profitability | ||
| Net margin | 31.6% | 37.6% (better) |
| FCF margin | 39.8% (better) | −107% |
| Return on equity | 14.3% (better) | 11.7% |
| Financial health | ||
| Altman Z-score | 0.20 | 0.22 (better) |
| Piotroski F-score | 6 (better) | 2 |
| Dividends and buybacks | ||
| Dividend yield | – | 0.83% |
| Payout ratio | – | 22.5% |
| Years of dividend growth | – | 8 |
| Dividend growth, 5Y average | – | 13.8% |
| Buyback yield | −3.9% | – |
| Shareholder yield | −3.9% | 0.83% (better) |
| Ownership | ||
| Held by institutions | 101% | 98.3% |
| Held by insiders | 6.0% | 39.2% |
| Insider net buying, 12 months | −$31.9M | −$5.7M (better) |
Go deeper
- CUBI stock overview
- CUBI income statement
- CUBI valuation and score
- MBIN stock overview
- MBIN income statement
- MBIN valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.