ADAMI vs MBIN

Comparison between Adamas Trust Inc (ADAMI, Company) and Merchants Bancorp (MBIN, Company).

ADAMI vs MBIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ADAMI(COMPANY)	MBIN(COMPANY)
Market Cap	$2.28B	$2.28B
Max Drawdown	7.99%	54.94%
Sharpe Ratio	1.18	1.23
5Y Beta	N/A	0.89
Industry	N/A	Banks - Regional
P/E Ratio	14.69	9.97
PEG Ratio	0.05	N/A
Dividend Yield	8.98%	0.84%
5Y Dividends CAGR	N/A	18.31%
5Y EPS CAGR	-14.28%	-0.32%
Debt to Equity	45.97%	0.00%
Free Cash Flow Yield	3.66%	-48.36%
P/S Ratio	N/A	3.88
P/B Ratio	N/A	1.26

Market Cap

ADAMI

$2.28B

Winner

MBIN

$2.28B

Max Drawdown

Winner

ADAMI

7.99%

MBIN

54.94%

Sharpe Ratio

ADAMI

1.18

Winner

MBIN

1.23

5Y Beta

ADAMI

N/A

MBIN

0.89

Industry

ADAMI

N/A

MBIN

Banks - Regional

P/E Ratio

ADAMI

14.69

Winner

MBIN

9.97

PEG Ratio

ADAMI

0.05

MBIN

N/A

Dividend Yield

Winner

ADAMI

8.98%

MBIN

0.84%

5Y Dividends CAGR

ADAMI

N/A

MBIN

18.31%

5Y EPS CAGR

ADAMI

-14.28%

Winner

MBIN

-0.32%

Debt to Equity

ADAMI

45.97%

Winner

MBIN

0.00%

Free Cash Flow Yield

Winner

ADAMI

3.66%

MBIN

-48.36%

P/S Ratio

ADAMI

N/A

MBIN

3.88

P/B Ratio

ADAMI

N/A

MBIN

1.26

ADAMI vs MBIN - Historical Returns

Returns include dividend reinvestment.

Period	ADAMI	MBIN
1 month	+0.28%	+9.67%
3 months	+2.62%	+18.89%
6 months	+4.58%	+39.05%
1 year	+11.39%	+56.38%
5 years(CAGR)	N/A	+13.78%
10 years(CAGR)	N/A	+20.35%
Max(CAGR)	+9.47%	+20.35%

ADAMI

+0.28%

Winner

MBIN

+9.67%

ADAMI

+2.62%

Winner

MBIN

+18.89%

ADAMI

+4.58%

Winner

MBIN

+39.05%

ADAMI

+11.39%

Winner

MBIN

+56.38%

5Y(CAGR)

ADAMI

N/A

MBIN

+13.78%

10Y(CAGR)

ADAMI

N/A

MBIN

+20.35%

Max(CAGR)

ADAMI

+9.47%

Winner

MBIN

+20.35%

ADAMI vs MBIN - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	ADAMI	MBIN
2026	+3.23%	+51.42%
2025	+9.17%	-4.28%
2024	+5.39%	-11.59%
2023	N/A	+78.46%
2022	N/A	-21.45%
2021	N/A	+71.57%
2020	N/A	+45.19%
2019	N/A	-0.29%
2018	N/A	+0.99%
2017	N/A	+17.42%

ADAMI vs MBIN Drawdown Comparison

The maximum drawdown for ADAMI was -5.77%, occurring on Apr 8, 2025. Recovery took 51 trading sessions.

The maximum drawdown for MBIN was -53.74%, occurring on Apr 15, 2020. Recovery took 608 trading sessions.

The current ADAMI drawdown is -0.70%. The current MBIN drawdown is -2.92%.

Rank	ADAMI	MBIN
#1	-5.77% Apr 1, 2025 - Jun 13, 2025	-53.74% Jun 20, 2018 - Nov 17, 2020
#2	-2.36% Mar 13, 2026 - Apr 10, 2026	-43.94% Jul 26, 2024 - Aug 1, 2025
#3	-2.34% Sep 17, 2024 - Dec 16, 2024	-33.58% Jan 14, 2022 - Nov 15, 2023
#4	-2.19% Jul 19, 2024 - Aug 30, 2024	-22.34% May 6, 2021 - Nov 1, 2021
#5	-1.60% Jun 24, 2025 - Jul 24, 2025	-17.90% May 13, 2024 - Jul 16, 2024
#6	-1.34% Jun 13, 2025 - Jun 24, 2025	-17.73% Jan 30, 2024 - May 3, 2024
#7	-1.29% Jan 22, 2025 - Mar 31, 2025	-12.34% Mar 12, 2021 - May 4, 2021
#8	-1.28% Sep 19, 2025 - Oct 31, 2025	-12.09% Mar 26, 2018 - May 2, 2018
#9	-1.22% May 6, 2026 - Jun 1, 2026	-10.62% Nov 23, 2021 - Jan 7, 2022
#10	-1.04% Jul 24, 2025 - Aug 4, 2025	-8.47% Jan 23, 2018 - Mar 5, 2018
#11	-0.98% Apr 27, 2026 - May 5, 2026	-7.48% Dec 27, 2023 - Jan 24, 2024
#12	-0.92% Jun 4, 2026 - Jun 5, 2026	-6.88% Dec 17, 2020 - Jan 6, 2021
#13	-0.91% Sep 10, 2025 - Sep 15, 2025	-6.46% Jan 12, 2021 - Feb 1, 2021
#14	-0.75% Jan 7, 2025 - Jan 21, 2025	-6.21% Dec 12, 2017 - Jan 12, 2018
#15	-0.67% Nov 12, 2025 - Nov 25, 2025	-5.68% Nov 17, 2020 - Dec 10, 2020