WallStSmart

Merchants Bancorp (MBIN)vsPNC Financial Services Group Inc (PNC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

PNC Financial Services Group Inc generates 3836% more annual revenue ($23.04B vs $585.48M). MBIN leads profitability with a 39.0% profit margin vs 31.3%. MBIN trades at a lower P/E of 12.2x. PNC earns a higher WallStSmart Score of 75/100 (B).

MBIN

Strong Buy

71

out of 100

Grade: B

Growth: 9.3Profit: 7.5Value: 6.0Quality: 2.5
Piotroski: 3/9Altman Z: 0.80

PNC

Strong Buy

75

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 5.7Quality: 3.5
Piotroski: 5/9Altman Z: -0.49

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MBIN6 strengths · Avg: 9.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Profit MarginProfitability
39.0%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
58.0%10/10

Strong operational efficiency at 58.0%

P/E RatioValuation
12.2x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
15.8%8/10

15.8% revenue growth

EPS GrowthGrowth
34.5%8/10

Earnings expanding 34.5% YoY

PNC6 strengths · Avg: 9.2/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Profit MarginProfitability
31.3%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
36.7%10/10

Strong operational efficiency at 36.7%

Market CapQuality
$88.75B9/10

Large-cap with strong market position

P/E RatioValuation
12.8x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$1.93B8/10

Generating 1.9B in free cash flow

Areas to Watch

MBIN4 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-781.56M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.802/10

Distress zone — elevated risk

Debt/EquityHealth
2.051/10

Elevated debt levels

PNC3 concerns · Avg: 3.0/10
PEG RatioValuation
1.664/10

Expensive relative to growth rate

Debt/EquityHealth
1.053/10

Elevated debt levels

Altman Z-ScoreHealth
-0.492/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MBIN

The strongest argument for MBIN centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 39.0% and operating margin at 58.0%. Revenue growth of 15.8% demonstrates continued momentum.

Bull Case : PNC

The strongest argument for PNC centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 31.3% and operating margin at 36.7%. Revenue growth of 13.8% demonstrates continued momentum.

Bear Case : MBIN

The primary concerns for MBIN are Piotroski F-Score, Free Cash Flow, Altman Z-Score. Debt-to-equity of 2.05 is elevated, increasing financial risk.

Bear Case : PNC

The primary concerns for PNC are PEG Ratio, Debt/Equity, Altman Z-Score.

Key Dynamics to Monitor

MBIN profiles as a growth stock while PNC is a mature play — different risk/reward profiles.

MBIN carries more volatility with a beta of 1.16 — expect wider price swings.

MBIN is growing revenue faster at 15.8% — sustainability is the question.

PNC generates stronger free cash flow (1.9B), providing more financial flexibility.

Bottom Line

PNC scores higher overall (75/100 vs 71/100), backed by strong 31.3% margins and 13.8% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Merchants Bancorp

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Merchants Bancorp is the diversified bank holding company in the United States. The company is headquartered in Carmel, Indiana.

Visit Website →

PNC Financial Services Group Inc

FINANCIAL SERVICES · BANKS - REGIONAL · USA

PNC Financial Services Group, Inc. (stylized as PNC) is a bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 21 states and the District of Columbia with 2,296 branches and 9,051 ATMs. The company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and information processing.

Visit Website →

Want to dig deeper into these stocks?