Price (delayed)
$42.37
Market cap
$1.94B
P/E Ratio
6.44
Dividend/share
$0.34
EPS
$6.58
Enterprise value
$2.56B
Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including multi-family housing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural
Highlights
MBIN's EPS is up by 39% YoY and by 3% from the previous quarter
MBIN's gross profit is up by 38% year-on-year and by 6% since the previous quarter
Merchants Bancorp's debt has decreased by 37% QoQ but it has increased by 14% YoY
MBIN's price to earnings (P/E) is 9% higher than its 5-year quarterly average of 5.9
Key stats
What are the main financial stats of MBIN
Market
Valuations
Earnings
Shares outstanding
45.76M
Market cap
$1.94B
Enterprise value
$2.56B
Price to book (P/B)
0.97
Price to sales (P/S)
3.07
EV/EBIT
6.1
EV/EBITDA
6.05
EV/Sales
4.16
Revenue
$614.23M
EBIT
$419.43M
EBITDA
$422.37M
Free cash flow
-$158.21M
Per share
Balance sheet
Liquidity
EPS
$6.58
Free cash flow per share
-$3.55
Book value per share
$43.55
Revenue per share
$13.78
TBVPS
$404.44
Total assets
$18.21B
Total liabilities
$16.32B
Debt
$1.16B
Equity
$1.89B
Working capital
N/A
Debt to equity
0.61
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.46
Margins
Efficiency
Dividend
EBITDA margin
68.8%
Gross margin
100%
Net margin
52.5%
Operating margin
68.3%
Return on assets
1.7%
Return on equity
16.4%
Return on invested capital
2.3%
Return on capital employed
N/A
Return on sales
68.3%
Dividend yield
0.8%
DPS
$0.34
Payout ratio
5.2%
MBIN stock price
How has the Merchants Bancorp stock price performed over time
Intraday
0.05%
1 week
-4.62%
1 month
5.03%
1 year
48.77%
YTD
-0.49%
QTD
4.51%
Financial performance
How have Merchants Bancorp's revenue and profit performed over time
Revenue
$614.23M
Gross profit
$614.23M
Operating income
$419.43M
Net income
$322.42M
Gross margin
100%
Net margin
52.5%
The operating income has grown by 43% YoY and by 8% from the previous quarter
MBIN's gross profit is up by 38% year-on-year and by 6% since the previous quarter
MBIN's revenue is up by 38% year-on-year and by 6% since the previous quarter
The company's net income rose by 37% YoY and by 3.6% QoQ
Growth
What is Merchants Bancorp's growth rate over time
Valuation
What is Merchants Bancorp stock price valuation
P/E
6.44
P/B
0.97
P/S
3.07
EV/EBIT
6.1
EV/EBITDA
6.05
EV/Sales
4.16
MBIN's EPS is up by 39% YoY and by 3% from the previous quarter
MBIN's price to earnings (P/E) is 9% higher than its 5-year quarterly average of 5.9
MBIN's equity is up by 21% YoY and by 6% QoQ
MBIN's price to book (P/B) is 8% higher than its 5-year quarterly average of 0.9 and 8% higher than its last 4 quarters average of 0.9
MBIN's revenue is up by 38% year-on-year and by 6% since the previous quarter
The P/S is 14% above the 5-year quarterly average of 2.7 and 2.3% above the last 4 quarters average of 3.0
Efficiency
How efficient is Merchants Bancorp business performance
The ROE has increased by 20% YoY
Merchants Bancorp's return on assets has increased by 13% YoY and by 6% QoQ
Merchants Bancorp's return on invested capital has increased by 10% YoY and by 4.5% QoQ
MBIN's ROS is up by 3.3% YoY
Dividends
What is MBIN's dividend history
DPS
$0.34
Dividend yield
0.8%
Payout ratio
5.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Merchants Bancorp financials performed over time
The company's total assets is 12% higher than its total liabilities
The company's total assets rose by 15% YoY and by 2.2% QoQ
The total liabilities is up by 14% YoY
Merchants Bancorp's debt is 39% lower than its equity
The debt to equity has decreased by 41% QoQ and by 6% YoY
Merchants Bancorp's debt has decreased by 37% QoQ but it has increased by 14% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.