SAFE vs MBINL

Comparison between Safehold Inc (SAFE, Company) and Merchants Bancorp (MBINL, Company).

SAFE is from the Real Estate sector, while MBINL is from the Financial Services sector.

SAFE vs MBINL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAFE(COMPANY)	MBINL(COMPANY)
Market Cap	$1.15B	$1.14B
Max Drawdown	86.48%	12.95%
Sharpe Ratio	0.32	1.10
5Y Beta	0.67	0.15
Industry	Reit - Diversified	Banks - Regional
P/E Ratio	10.05	5.01
Forward P/E	9.78	N/A
PEG Ratio	1.15	N/A
Dividend Yield	4.44%	1.65%
5Y Dividends CAGR	6.15%	N/A
5Y EPS CAGR	N/A	24.18%
Debt to Equity	193.42%	0.00%
Free Cash Flow Yield	2.64%	-96.33%
P/S Ratio	2.76	N/A
P/B Ratio	0.47	N/A

Market Cap

Winner

SAFE

$1.15B

MBINL

$1.14B

Max Drawdown

SAFE

86.48%

Winner

MBINL

12.95%

Sharpe Ratio

SAFE

0.32

Winner

MBINL

1.10

5Y Beta

SAFE

0.67

Winner

MBINL

0.15

Industry

SAFE

Reit - Diversified

MBINL

Banks - Regional

P/E Ratio

SAFE

10.05

Winner

MBINL

5.01

Forward P/E

SAFE

9.78

MBINL

N/A

PEG Ratio

SAFE

1.15

MBINL

N/A

Dividend Yield

Winner

SAFE

4.44%

MBINL

1.65%

5Y Dividends CAGR

SAFE

6.15%

MBINL

N/A

5Y EPS CAGR

SAFE

N/A

MBINL

24.18%

Debt to Equity

SAFE

193.42%

Winner

MBINL

0.00%

Free Cash Flow Yield

Winner

SAFE

2.64%

MBINL

-96.33%

P/S Ratio

SAFE

2.76

MBINL

N/A

P/B Ratio

SAFE

0.47

MBINL

N/A

SAFE vs MBINL - Historical Returns

Returns include dividend reinvestment.

Period	SAFE	MBINL
1 month	+3.44%	+2.02%
3 months	+8.39%	+4.60%
6 months	+10.99%	+11.10%
1 year	+8.40%	+15.68%
5 years(CAGR)	-25.78%	N/A
10 years(CAGR)	+0.90%	N/A
Max(CAGR)	+0.90%	+6.67%

Winner

SAFE

+3.44%

MBINL

+2.02%

Winner

SAFE

+8.39%

MBINL

+4.60%

SAFE

+10.99%

Winner

MBINL

+11.10%

SAFE

+8.40%

Winner

MBINL

+15.68%

5Y(CAGR)

SAFE

-25.78%

MBINL

N/A

10Y(CAGR)

SAFE

+0.90%

MBINL

N/A

Max(CAGR)

SAFE

+0.90%

Winner

MBINL

+6.67%

SAFE vs MBINL - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	SAFE	MBINL
2026	+21.09%	+12.60%
2025	-23.38%	-3.13%
2024	-19.31%	+0.21%
2023	-16.41%	N/A
2022	-63.51%	N/A
2021	+14.02%	N/A
2020	+85.78%	N/A
2019	+123.56%	N/A
2018	+8.25%	N/A
2017	-5.76%	N/A

SAFE vs MBINL Drawdown Comparison

The maximum drawdown for SAFE was -84.72%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The maximum drawdown for MBINL was -8.80%, occurring on Aug 22, 2025. Recovery took 244 trading sessions.

The current SAFE drawdown is -79.97%. The current MBINL drawdown is -0.12%.

Rank	SAFE	MBINL
#1	-84.72% Aug 5, 2021 - Nov 20, 2025	-8.80% Jan 29, 2025 - Jan 20, 2026
#2	-36.80% Mar 5, 2020 - Jun 17, 2020	-4.90% Feb 18, 2026 - May 8, 2026
#3	-26.78% Jun 17, 2020 - Oct 12, 2020	-2.82% Dec 6, 2024 - Jan 29, 2025
#4	-20.49% Feb 16, 2021 - Jul 12, 2021	-2.55% Jun 17, 2026 - Jul 6, 2026
#5	-19.14% Jul 21, 2017 - Jun 5, 2018	-1.36% Jun 4, 2026 - Jun 15, 2026
#6	-18.87% Jul 29, 2019 - Oct 4, 2019	-0.92% May 28, 2026 - Jun 3, 2026
#7	-18.30% Jul 5, 2018 - Nov 29, 2018	-0.58% Jan 21, 2026 - Jan 26, 2026
#8	-15.34% Nov 29, 2018 - Feb 22, 2019	-0.52% Feb 9, 2026 - Feb 17, 2026
#9	-9.76% Dec 5, 2019 - Jan 21, 2020	-0.28% Jul 6, 2026 - Jul 7, 2026
#10	-9.73% Oct 23, 2020 - Dec 15, 2020	-0.27% May 21, 2026 - May 28, 2026
#11	-9.32% Jun 4, 2019 - Jul 3, 2019	-0.24% Jan 30, 2026 - Feb 4, 2026
#12	-6.57% May 22, 2019 - Jun 4, 2019	-0.16% May 18, 2026 - May 20, 2026
#13	-5.41% Dec 17, 2020 - Dec 24, 2020	-0.14% Feb 4, 2026 - Feb 6, 2026
#14	-5.36% Oct 30, 2019 - Nov 13, 2019	-0.12% May 11, 2026 - May 13, 2026
#15	-5.29% Jan 26, 2021 - Feb 5, 2021	-0.12% Nov 26, 2024 - Nov 29, 2024