Merchants Bancorp (MBIN)

Market Cap	1.65B
Revenue (ttm)	607.41M
Net Income (ttm)	267.52M
Shares Out	45.76M
EPS (ttm)	6.03
PE Ratio	6.00
Forward PE	6.80
Dividend	$0.36 (1.00%)
Ex-Dividend Date	Dec 13, 2024

Volume	309,798
Open	35.66
Previous Close	35.94
Day's Range	35.57 - 36.50
52-Week Range	35.56 - 53.27
Beta	1.13
Analysts	Buy
Price Target	53.83 (+48.91%)
Earnings Date	Jan 27, 2025

About MBIN

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 27, 2017
• Employees: 618
• Stock Exchange: NASDAQ
• Ticker Symbol: MBIN
• Website: https://www.merchantsbancorp.com

Financial Performance

In 2023, Merchants Bancorp's revenue was $522.51 million, an increase of 22.31% compared to the previous year's $427.19 million. Earnings were $244.56 million, an increase of 26.23%.

Analyst Forecast

According to 3 analysts, the average rating for MBIN stock is "Buy." The 12-month stock price forecast is $53.83, which is an increase of 48.91% from the latest price.

Price Target

$53.83

(48.91% upside)

Analyst Consensus: Buy