MBIN vs. ITRN

Last updated Jun 4, 2026

MBIN (Merchants Bancorp) and ITRN (Ituran Location and Control Ltd.) are both stocks. MBIN operates in Banks - Regional (Financial Services), while ITRN operates in Communication Equipment (Technology). Over the past 5 years, MBIN returned 10.96%/yr vs 26.56%/yr for ITRN. At a 0.27 correlation, their price movements are largely independent.

Performance

MBIN vs. ITRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Merchants Bancorp (MBIN) and Ituran Location and Control Ltd. (ITRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MBIN achieves a 34.11% return, which is significantly lower than ITRN's 55.87% return.

MBIN

• 1D: -2.88%
• 1M: -0.76%
• YTD: 34.11%
• 6M: 32.92%
• 1Y: 44.75%
• 3Y*: 24.06%
• 5Y*: 10.96%
• 10Y*: —

ITRN

• 1D: -1.99%
• 1M: 11.37%
• YTD: 55.87%
• 6M: 70.62%
• 1Y: 77.77%
• 3Y*: 48.35%
• 5Y*: 26.56%
• 10Y*: 15.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MBIN vs. ITRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MBIN Merchants Bancorp	34.11%	-5.51%	-13.59%	77.01%	-22.06%	72.80%	42.55%	0.30%	2.43%	17.43%
ITRN Ituran Location and Control Ltd.	55.87%	45.63%	21.02%	32.47%	-18.79%	45.32%	-22.93%	-18.98%	-3.46%	-5.00%

Correlation

The correlation between MBIN and ITRN is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Oct 30, 2017	0.27

Fundamentals

Market Cap MBIN : $2.10B ITRN : $1.29B
EPS MBIN : $4.97 ITRN : $3.03
PE Ratio MBIN : 9.17 ITRN : 21.48
PS Ratio MBIN : 1.58 ITRN : 3.44
PB Ratio MBIN : 0.90 ITRN : 6.21
Total Revenue (TTM) MBIN : $1.32B ITRN : $375.23M
Gross Profit (TTM) MBIN : $423.13M ITRN : $186.00M
EBITDA (TTM) MBIN : $188.84M ITRN : $99.51M

Return for Risk

MBIN vs. ITRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MBIN

MBIN Risk / Return Rank: 75
MBIN Sharpe Ratio Rank: 77
MBIN Sortino Ratio Rank: 72
MBIN Omega Ratio Rank: 72
MBIN Calmar Ratio Rank: 78
MBIN Martin Ratio Rank: 76

ITRN

ITRN Risk / Return Rank: 88
ITRN Sharpe Ratio Rank: 92
ITRN Sortino Ratio Rank: 89
ITRN Omega Ratio Rank: 88
ITRN Calmar Ratio Rank: 85
ITRN Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MBIN vs. ITRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Merchants Bancorp (MBIN) and Ituran Location and Control Ltd. (ITRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MBIN	ITRN	Difference
Sharpe ratio Return per unit of total volatility	1.23	2.49	-1.26
Sortino ratio Return per unit of downside risk	1.82	3.12	-1.30
Omega ratio Gain probability vs. loss probability	1.24	1.41	-0.16
Calmar ratio Return relative to maximum drawdown	2.37	3.40	-1.03
Martin ratio Return relative to average drawdown	5.30	10.01	-4.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MBIN vs. ITRN - Sharpe Ratio Comparison

The current MBIN Sharpe Ratio is 1.23, which is lower than the ITRN Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of MBIN and ITRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MBIN	ITRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	2.49	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.87	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.39	+0.08

Drawdowns

MBIN vs. ITRN - Drawdown Comparison

The maximum MBIN drawdown since its inception was -53.77%, smaller than the maximum ITRN drawdown of -68.39%. Use the drawdown chart below to compare losses from any high point for MBIN and ITRN.

Drawdown Indicators

	MBIN	ITRN	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-68.39%	+14.62%
Max Drawdown (1Y) Largest decline over 1 year	-18.94%	-22.99%	+4.05%
Max Drawdown (3Y) Largest decline over 3 years	-43.94%	-26.82%	-17.12%
Max Drawdown (5Y) Largest decline over 5 years	-43.94%	-30.03%	-13.91%
Max Drawdown (10Y) Largest decline over 10 years	—	-68.39%	—
Current Drawdown Current decline from peak	-11.73%	-1.99%	-9.74%
Average Drawdown Average peak-to-trough decline	-19.93%	-19.51%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.46%	7.91%	+0.55%

Volatility

MBIN vs. ITRN - Volatility Comparison

The current volatility for Merchants Bancorp (MBIN) is 6.67%, while Ituran Location and Control Ltd. (ITRN) has a volatility of 8.51%. This indicates that MBIN experiences smaller price fluctuations and is considered to be less risky than ITRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MBIN	ITRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.67%	8.51%	-1.84%
Volatility (6M) Calculated over the trailing 6-month period	27.27%	22.68%	+4.59%
Volatility (1Y) Calculated over the trailing 1-year period	36.59%	31.40%	+5.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.97%	30.71%	+5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.23%	33.47%	+6.76%

Dividends

MBIN vs. ITRN - Dividend Comparison

MBIN's dividend yield for the trailing twelve months is around 0.90%, less than ITRN's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITRN Ituran Location and Control Ltd.	4.61%	4.65%	5.01%	2.50%	2.65%	3.37%	1.26%	3.78%	2.96%	3.27%	3.25%	4.12%
MBIN Merchants Bancorp	0.90%	1.17%	0.99%	0.75%	1.15%	0.76%	1.16%	1.42%	1.20%	0.25%	0.00%	0.00%

Financials

MBIN vs. ITRN - Profitability Comparison

The chart below illustrates the profitability comparison between Merchants Bancorp and Ituran Location and Control Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MBIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Merchants Bancorp reported a gross profit of 0.00 and revenue of 270.51M. Therefore, the gross margin over that period was 0.0%.

ITRN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ituran Location and Control Ltd. reported a gross profit of 49.44M and revenue of 102.67M. Therefore, the gross margin over that period was 48.2%.

MBIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Merchants Bancorp reported an operating income of 0.00 and revenue of 270.51M, resulting in an operating margin of 0.0%.

ITRN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ituran Location and Control Ltd. reported an operating income of 22.06M and revenue of 102.67M, resulting in an operating margin of 21.5%.

MBIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Merchants Bancorp reported a net income of 67.73M and revenue of 270.51M, resulting in a net margin of 25.0%.

ITRN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ituran Location and Control Ltd. reported a net income of 16.77M and revenue of 102.67M, resulting in a net margin of 16.3%.

Frequently Asked Questions

Can I hold both MBIN and ITRN in my portfolio?

MBIN and ITRN have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MBIN or ITRN?

ITRN has higher volatility (8.51%) compared to MBIN (6.67%). In terms of maximum drawdown, MBIN dropped -53.77% vs ITRN's -68.39%.

Which has better risk-adjusted returns?

ITRN currently has the higher Sharpe Ratio (2.49 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.