MBIN Merchants Bancorp

  1. Stocks
  2. Financial Services
  3. NASDAQ: MBIN

Price (delayed)

$39.075

Market cap

$1.69B

P/E Ratio

6.9

Dividend/share

$0.33

EPS

$5.66

Enterprise value

$2.07B

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
The company's net income rose by 27% YoY and by 8% QoQ
MBIN's EPS is up by 26% YoY and by 9% from the previous quarter
Merchants Bancorp's debt has decreased by 42% QoQ but it has increased by 3.6% YoY
MBIN's price to earnings (P/E) is 13% higher than its 5-year quarterly average of 6.0 and 13% higher than its last 4 quarters average of 6.0
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.merchantsbankofindiana.com
Peers: NKSH NRIM NIC

Key stats

What are the main financial stats of MBIN
Market
Shares outstanding
43.33M
Market cap
$1.69B
Enterprise value
$2.07B
Valuations
Price to earnings (P/E)
6.9
Price to book (P/B)
0.99
Price to sales (P/S)
3.23
EV/EBIT
5.96
EV/EBITDA
5.91
EV/Sales
3.97
Earnings
Revenue
$522.51M
EBIT
$347.91M
EBITDA
$350.76M
Free cash flow
-$363.93M
Per share
EPS
$5.66
Free cash flow per share
-$8.42
Book value per share
$39.34
Revenue per share
$12.09
TBVPS
$388.15
Balance sheet
Total assets
$16.95B
Total liabilities
$15.25B
Debt
$964.13M
Equity
$1.7B
Working capital
N/A
Liquidity
Debt to equity
0.57
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.08
Margins
EBITDA margin
67.1%
Gross margin
100%
Net margin
53.4%
Operating margin
66.6%
Efficiency
Return on assets
1.5%
Return on equity
15.3%
Return on invested capital
2.1%
Return on capital employed
N/A
Return on sales
66.6%
Dividend
Dividend yield
0.84%
DPS
$0.33
Payout ratio
5.8%

MBIN stock price

How has the Merchants Bancorp stock price performed over time
Intraday
1.65%
1 week
1.76%
1 month
-4.32%
1 year
56.61%
YTD
-8.23%
QTD
-9.51%

Financial performance

How have Merchants Bancorp's revenue and profit performed over time
Revenue
$522.51M
Gross profit
$522.51M
Operating income
$347.91M
Net income
$279.23M
Gross margin
100%
Net margin
53.4%
The company's net income rose by 27% YoY and by 8% QoQ
MBIN's gross profit is up by 22% year-on-year and by 8% since the previous quarter
MBIN's revenue is up by 22% year-on-year and by 8% since the previous quarter
The operating income has grown by 19% YoY and by 8% from the previous quarter

Growth

What is Merchants Bancorp's growth rate over time

Valuation

What is Merchants Bancorp stock price valuation
MBIN P/E details
P/E
6.9
P/B
0.99
P/S
3.23
EV/EBIT
5.96
EV/EBITDA
5.91
EV/Sales
3.97
MBIN's EPS is up by 26% YoY and by 9% from the previous quarter
MBIN's price to earnings (P/E) is 13% higher than its 5-year quarterly average of 6.0 and 13% higher than its last 4 quarters average of 6.0
MBIN's price to book (P/B) is 23% higher than its last 4 quarters average of 0.8 and 9% higher than its 5-year quarterly average of 0.9
MBIN's equity is up by 17% YoY and by 4.2% QoQ
MBIN's revenue is up by 22% year-on-year and by 8% since the previous quarter
The P/S is 18% above the 5-year quarterly average of 2.7 and 14% above the last 4 quarters average of 2.8

Efficiency

How efficient is Merchants Bancorp business performance
Merchants Bancorp's return on invested capital has decreased by 16% YoY
Merchants Bancorp's return on assets has decreased by 12% YoY
The ROE has increased by 4.8% from the previous quarter and by 4.1% YoY
MBIN's ROS is down by 2.3% YoY

Dividends

What is MBIN's dividend history
Dividend details
DPS
$0.33
Dividend yield
0.84%
Payout ratio
5.8%
Recent dividends

Financial health

How did Merchants Bancorp financials performed over time
The company's total assets is 11% higher than its total liabilities
The total liabilities is up by 37% YoY and by 2.6% from the previous quarter
The company's total assets rose by 34% YoY and by 2.8% QoQ
Merchants Bancorp's debt is 43% lower than its equity
The debt to equity has decreased by 44% QoQ and by 11% YoY
Merchants Bancorp's debt has decreased by 42% QoQ but it has increased by 3.6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.