MBIN Merchants Bancorp
Price (delayed)
$42
Market cap
$1.92B
P/E Ratio
6.92
Dividend/share
$0.36
EPS
$6.07
Enterprise value
$4.89B
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 gross profit is up by 26% year-on-year
MBIN's revenue is up by 26% year-on-year
The company's net income rose by 17% YoY but it fell by 6% QoQ
MBIN's EPS is up by 17% YoY but it is down by 8% from the previous quarter
Merchants Bancorp's debt has surged by 116% YoY
MBIN's price to earnings (P/E) is 21% higher than its 5-year quarterly average of 5.7
Key stats
What are the main financial stats of MBIN
Market
Valuations
Earnings
Shares outstanding
45.76M
Market cap
$1.92B
Enterprise value
$4.89B
Price to earnings (P/E)
6.92
Price to book (P/B)
0.99
Price to sales (P/S)
3.16
EV/EBIT
12.4
EV/EBITDA
12.31
EV/Sales
8.05
Revenue
$607.41M
Gross profit
$607.41M
Operating income
$394.22M
Net income
$302.19M
EBIT
$394.22M
EBITDA
$397.2M
Free cash flow
-$127.11M
Per share
Balance sheet
Liquidity
EPS
$6.07
EPS diluted
$6.04
Free cash flow per share
-$2.78
Book value per share
$42.38
Revenue per share
$13.27
TBVPS
$403.58
Total assets
$18.65B
Total liabilities
$16.71B
Debt
$3.57B
Equity
$1.94B
Working capital
N/A
Debt to equity
1.84
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.47
Margins
Efficiency
Dividend
EBITDA margin
65.4%
Gross margin
100%
Net margin
49.8%
Operating margin
64.9%
Return on assets
1.5%
Return on equity
14.6%
Return on invested capital
2.1%
Return on capital employed
N/A
Return on sales
64.9%
Dividend yield
0.86%
DPS
$0.36
Payout ratio
5.9%
MBIN stock price
How has the Merchants Bancorp stock price performed over time
Intraday
2.84%
1 week
5.63%
1 month
14.25%
1 year
2.04%
YTD
15.16%
QTD
15.16%
Financial performance
How have Merchants Bancorp's revenue and profit performed over time
Revenue
$607.41M
Gross profit
$607.41M
Operating income
$394.22M
Net income
$302.19M
Gross margin
100%
Net margin
49.8%
MBIN's gross profit is up by 26% year-on-year
MBIN's revenue is up by 26% year-on-year
The operating income has grown by 22% YoY but it has contracted by 6% from the previous quarter
The company's net income rose by 17% YoY but it fell by 6% QoQ
Growth
What is Merchants Bancorp's growth rate over time
Valuation
What is Merchants Bancorp stock price valuation
P/E
6.92
P/B
0.99
P/S
3.16
EV/EBIT
12.4
EV/EBITDA
12.31
EV/Sales
8.05
MBIN's price to earnings (P/E) is 21% higher than its 5-year quarterly average of 5.7
MBIN's EPS is up by 17% YoY but it is down by 8% from the previous quarter
MBIN's equity is up by 19% YoY and by 2.7% QoQ
MBIN's price to book (P/B) is 10% higher than its 5-year quarterly average of 0.9
MBIN's revenue is up by 26% year-on-year
The P/S is 17% above the 5-year quarterly average of 2.7 but 4.2% below the last 4 quarters average of 3.3
Efficiency
How efficient is Merchants Bancorp business performance
Merchants Bancorp's return on assets has decreased by 12% QoQ
The ROE has decreased by 11% from the previous quarter
Merchants Bancorp's return on invested capital has decreased by 9% QoQ
MBIN's ROS is down by 5% from the previous quarter and by 3.1% YoY
Dividends
What is MBIN's dividend history
DPS
$0.36
Dividend yield
0.86%
Payout ratio
5.9%
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 13% YoY and by 2.4% QoQ
The total liabilities is up by 12% YoY and by 2.4% from the previous quarter
Merchants Bancorp's debt is 84% higher than its equity
Merchants Bancorp's debt has surged by 116% YoY
The debt to equity has soared by 82% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.