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MBIN vs. PGR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MBIN and PGR is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

MBIN vs. PGR - Performance Comparison

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

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Key characteristics

Sharpe Ratio

MBIN:

-0.51

PGR:

1.52

Sortino Ratio

MBIN:

-0.69

PGR:

1.93

Omega Ratio

MBIN:

0.90

PGR:

1.27

Calmar Ratio

MBIN:

-0.69

PGR:

2.86

Martin Ratio

MBIN:

-1.28

PGR:

7.21

Ulcer Index

MBIN:

23.10%

PGR:

4.88%

Daily Std Dev

MBIN:

43.59%

PGR:

24.68%

Max Drawdown

MBIN:

-53.77%

PGR:

-71.05%

Current Drawdown

MBIN:

-36.30%

PGR:

-3.42%

Fundamentals

Market Cap

MBIN:

$1.53B

PGR:

$164.82B

EPS

MBIN:

$5.52

PGR:

$14.83

PE Ratio

MBIN:

6.03

PGR:

18.96

PS Ratio

MBIN:

2.46

PGR:

2.10

PB Ratio

MBIN:

0.93

PGR:

5.63

Total Revenue (TTM)

MBIN:

$1.11B

PGR:

$78.52B

Gross Profit (TTM)

MBIN:

$1.37B

PGR:

$19.50B

EBITDA (TTM)

MBIN:

$257.72M

PGR:

$11.36B

Returns By Period

In the year-to-date period, MBIN achieves a -8.55% return, which is significantly lower than PGR's 19.72% return.


MBIN

YTD

-8.55%

1M

2.69%

6M

-17.19%

1Y

-21.99%

5Y*

29.52%

10Y*

N/A

PGR

YTD

19.72%

1M

1.83%

6M

11.40%

1Y

37.20%

5Y*

32.59%

10Y*

29.48%

*Annualized

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Risk-Adjusted Performance

MBIN vs. PGR — Risk-Adjusted Performance Rank

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

MBIN
The Risk-Adjusted Performance Rank of MBIN is 1616
Overall Rank
The Sharpe Ratio Rank of MBIN is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of MBIN is 1818
Sortino Ratio Rank
The Omega Ratio Rank of MBIN is 1616
Omega Ratio Rank
The Calmar Ratio Rank of MBIN is 99
Calmar Ratio Rank
The Martin Ratio Rank of MBIN is 1313
Martin Ratio Rank

PGR
The Risk-Adjusted Performance Rank of PGR is 9090
Overall Rank
The Sharpe Ratio Rank of PGR is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of PGR is 8585
Sortino Ratio Rank
The Omega Ratio Rank of PGR is 8585
Omega Ratio Rank
The Calmar Ratio Rank of PGR is 9696
Calmar Ratio Rank
The Martin Ratio Rank of PGR is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MBIN vs. PGR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Merchants Bancorp (MBIN) and The Progressive Corporation (PGR). 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.


The current MBIN Sharpe Ratio is -0.51, which is lower than the PGR Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of MBIN and PGR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MBIN vs. PGR - Dividend Comparison

MBIN's dividend yield for the trailing twelve months is around 1.11%, less than PGR's 1.74% yield.


TTM20242023202220212020201920182017201620152014
MBIN
Merchants Bancorp
1.11%0.99%0.75%1.15%0.76%1.16%1.42%1.20%0.25%0.00%0.00%0.00%
PGR
The Progressive Corporation
1.74%0.48%0.25%0.31%6.23%2.68%3.89%1.86%1.21%2.50%2.16%5.53%

Drawdowns

MBIN vs. PGR - Drawdown Comparison

The maximum MBIN drawdown since its inception was -53.77%, smaller than the maximum PGR drawdown of -71.05%. Use the drawdown chart below to compare losses from any high point for MBIN and PGR. For additional features, visit the drawdowns tool.


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Volatility

MBIN vs. PGR - Volatility Comparison

Merchants Bancorp (MBIN) has a higher volatility of 14.16% compared to The Progressive Corporation (PGR) at 7.79%. This indicates that MBIN's price experiences larger fluctuations and is considered to be riskier than PGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

MBIN vs. PGR - Financials Comparison

This section allows you to compare key financial metrics between Merchants Bancorp and The Progressive Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20.00B20212022202320242025
287.20M
20.41B
(MBIN) Total Revenue
(PGR) Total Revenue
Values in USD except per share items

MBIN vs. PGR - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%20212022202320242025
100.0%
-0.3%
(MBIN) Gross Margin
(PGR) Gross Margin
MBIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Merchants Bancorp reported a gross profit of 287.20M and revenue of 287.20M. Therefore, the gross margin over that period was 100.0%.

PGR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported a gross profit of -70.00M and revenue of 20.41B. Therefore, the gross margin over that period was -0.3%.

MBIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Merchants Bancorp reported an operating income of 284.31M and revenue of 287.20M, resulting in an operating margin of 99.0%.

PGR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported an operating income of 3.24B and revenue of 20.41B, resulting in an operating margin of 15.9%.

MBIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Merchants Bancorp reported a net income of 58.24M and revenue of 287.20M, resulting in a net margin of 20.3%.

PGR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported a net income of 2.57B and revenue of 20.41B, resulting in a net margin of 12.6%.