MBIN Merchants Bancorp PE ratio, current and historical analysis
As of Feb 4, 2025, the Merchants Bancorp stock's PE ratio is 6.92. This takes into account the latest EPS of $6.07 and stock price of $42. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
MBIN PE ratio history
The PE ratio of Merchants Bancorp has averaged 7.02 over the last eight years. The current P/E ratio of 6.92 is similar to the historical average. Looking back at the last eight 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.
Merchants Bancorp PE ratio by year
Maximum annual increase: 38.75% in 2023
Maximum annual decrease: -42.55% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 7.52 | 38.75% | $42.58 | $5.66 |
| 2022 | 5.42 | -17.88% | $24.32 | $4.49 |
| 2021 | 6.6 | 38.08% | $31.55 | $4.78 |
| 2020 | 4.78 | -42.55% | $18.42 | $3.85 |
| 2019 | 8.32 | -13.06% | $13.14 | $1.58 |
| 2018 | 9.57 | 10.89% | $13.31 | $1.39 |
| 2017 | 8.63 | N/A | $13.12 | $1.52 |
| 2016 | N/A | N/A | N/A | $0.98 |
| 2015 | N/A | N/A | N/A | $0.9 |
Merchants Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 7.41 | 20.29% | $44.96 | $6.07 |
| Jun 2024 | 6.16 | -8.88% | $40.54 | $6.58 |
| Mar 2024 | 6.76 | -10.11% | $43.18 | $6.39 |
| Dec 2023 | 7.52 | 40.56% | $42.58 | $5.66 |
| Sep 2023 | 5.35 | -1.29% | $27.72 | $5.18 |
| Jun 2023 | 5.42 | -5.74% | $25.58 | $4.72 |
| Mar 2023 | 5.75 | 6.09% | $26.04 | $4.53 |
| Dec 2022 | 5.42 | 6.27% | $24.32 | $4.49 |
| Sep 2022 | 5.1 | 1.59% | $23.07 | $4.52 |
| Jun 2022 | 5.02 | -18.24% | $22.67 | $4.52 |
| Mar 2022 | 6.14 | -6.97% | $27.38 | $4.46 |
| Dec 2021 | 6.6 | 23.6% | $31.55 | $4.78 |
| Sep 2021 | 5.34 | 0.19% | $26.31 | $4.93 |
| Jun 2021 | 5.33 | -9.97% | $26.16 | $4.91 |
| Mar 2021 | 5.92 | 23.85% | $27.96 | $4.72 |
MBIN average PE ratio chart
The current PE ratio of MBIN is higher than its 3 and 5-year averages.
MBIN PE vs 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 | 6.92 | $1.92B |
| NRIM Northrim Bancorp Inc | 14.97 | $487.64M |
| NKSH National Bankshares Inc | 19.78 | $183.7M |
Frequently asked questions
What is Merchants Bancorp's PE ratio?
MBIN's price to earnings ratio is 6.92 as of Feb 4, 2025.
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 6.0.
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 5.73.
What is the highest PE ratio for MBIN?
Over the last eight 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 1.4% below its 8-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 (Feb 4, 2025), Merchants Bancorp's share price is $42. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.07. Therefore, Merchants Bancorp's PE ratio for today is 6.92. PE RATIO(6.92) = STOCK PRICE($42) / TTM EPS($6.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.