Merchants Bancorp vs Northwest Bancshares
Merchants Bancorp and Northwest Bancshares are similar in size: $681m and $655m of revenue in their latest fiscal years. Northwest Bancshares grew faster (25.3% against 1.6%). Merchants Bancorp kept more of each dollar of sales as profit: a net margin of 32.1% against 19.2%.
| Latest fiscal year | Merchants BancorpMBIN, 2025 | Northwest BancsharesNWBI, 2025 |
|---|---|---|
| Revenue | $681m | $655m |
| Revenue growth | 1.6% | 25.3% |
| Net income | $219m | $126m |
| Operating margin | — | — |
| Net margin | 32.1% | 19.2% |
| Return on equity | 9.7% | 7.2% |
| Free cash flow | −$362m | $142m |
| Cash | $212m | $234m |
| Total debt | $3.84bn | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | 2.5% | 5.1% |
| Share buybacks | — | — |
| Employees | 735 | — |
| Market value | $2.40bn | $2.28bn |
| Price vs our value range | — | — |
| Moat score | 76 (Strong) | 55 (Moderate) |
| Insider trades, 12 months | 0 buys, 34 sales | 14 buys, 2 sales |