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MBIN Merchants Bancorp PE ratio, current and historical analysis

As of May 21, 2024, the Merchants Bancorp stock's PE ratio is 6.56. This takes into account the latest EPS of $6.39 and stock price of $41.94. The PE ratio marks an increase of 4.8% from its last 4 quarters average of 6.3.

MBIN PE ratio history

How has MBIN's PE ratio performed in the past

The PE ratio of Merchants Bancorp has averaged 7.03 over the last seven years. The current P/E ratio of 6.56 is 7% lower than the historical average. Looking back at the last seven years, MBIN's PE ratio peaked in the Jun 2018 quarter at 12.68, when the price was $19.02 and the EPS was $1.5. The lowest point was in the Sep 2020 quarter, when it reached 4.15 with a price of $13.14 and an EPS of $3.17.

Average
7.03
Median
6.03
Minimum
4.15
Maximum
12.68

Merchants Bancorp PE ratio by year

Maximum annual increase: 38.75% in 2023

Maximum annual decrease: -42.55% in 2020

Year PE ratio Change
2023 7.52 38.75%
2022 5.42 -17.88%
2021 6.6 38.08%
2020 4.78 -42.55%
2019 8.32 -13.06%
2018 9.57 10.89%
2017 8.63 N/A
2016 N/A N/A
2015 N/A N/A

MBIN average PE ratio chart

What is the average PE ratio of MBIN for the past years

The current PE ratio of MBIN is higher than its 3 and 5-year averages.

3-year avg
5.81
5-year avg
6.05
10-year avg
N/A
15-year avg
N/A

MBIN PE vs peers

What is MBIN's PE ratio compared to its peers

In comparison to its peer stocks NRIM and NKSH, MBIN's PE ratio is lower.

Stock name PE ratio Market cap
MBIN Merchants Bancorp 6.56 $1.82B
NRIM Northrim Bancorp Inc 10.62 $301.98M
NKSH National Bankshares Inc 13.77 $183.36M

Frequently asked questions

What is Merchants Bancorp's PE ratio?

MBIN's price to earnings ratio is 6.56 as of May 21, 2024.

What is the 3-year average PE ratio for Merchants Bancorp (MBIN)?

As an average over the last 3 years, MBIN stock has a PE ratio of 5.81.

What is the 5-year average PE ratio for Merchants Bancorp (MBIN)?

As an average over the last 5 years, MBIN stock has a PE ratio of 6.05.

What is the highest PE ratio for MBIN?

Over the last seven years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 12.68.

How does the current PE ratio for MBIN compare to its historical average?

MBIN's price to earnings ratio is currently 7% below its 7-year historical average.

Why is Merchants Bancorp's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is MBIN's PE ratio calculated (Merchants Bancorp PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 21, 2024), Merchants Bancorp's share price is $41.94. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.39. Therefore, Merchants Bancorp's PE ratio for today is 6.56. PE RATIO(6.56) = STOCK PRICE($41.94) / TTM EPS($6.39)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.