Merchants Bancorp (MBIN)
Stock Price:
$17.73 USD
-0.19 (-1.06%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
509.60M |
| Revenue (ttm) |
193.56M |
| Net Income (ttm) |
91.34M |
| Shares Out |
28.74M |
| EPS (ttm) |
2.76 |
| PE Ratio |
6.42 |
| Forward PE |
n/a |
| Dividend |
$0.32 |
| Dividend Yield |
1.80% |
Stock Quote
| Trading Day |
Jul 2, 2020 |
| Last Price |
$17.73 |
| Previous Close |
$17.92 |
| Change ($) |
-0.19 |
| Change (%) |
-1.06% |
| Day's Open |
18.38 |
| Day's Range |
17.66 - 19.24 |
| Day's Volume |
17,123 |
| 52-Week Range |
12.37 - 21.90 |
More Stats
| Market Cap |
509.60M |
| Enterprise Value |
386.08M |
| Earnings Date (est) |
Aug 4, 2020 |
| Ex-Dividend Date |
Jun 12, 2020 |
| Shares Outstanding |
28.74M |
| Float |
16.00M |
| EPS (basic) |
2.76 |
| EPS (diluted) |
2.76 |
| FCF / Share |
-74.54 |
| Dividend |
$0.32 |
| Dividend Yield |
1.80% |
| Earnings Yield |
15.57% |
| FCF Yield |
n/a |
| Payout Ratio |
10.50% |
| Shares Short |
73,713 |
| Short Ratio |
1.83 |
| Short % of Float |
0.45% |
| Beta |
1.04 |
| PE Ratio |
6.42 |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
2.63 |
| PB Ratio |
1.10 |
| Revenue |
193.56M |
| Operating Income |
120.99M |
| Net Income |
91.34M |
| Free Cash Flow |
-2.14B |
| Net Cash |
123.52M |
| Net Cash / Share |
4.30 |
| Gross Margin |
85.48% |
| Operating Margin |
62.51% |
| Profit Margin |
41.00% |
| FCF Margin |
-1,106.50% |
| ROA |
1.54% |
| ROE |
15.87% |
| ROIC |
2.00% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (3)
| Buy |
3 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$19.67*
(10.94% upside)
Low
18.0
Current: 17.73
High
21.0
Target: 19.67
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Revenue | 165 | 135 | 112 | 81.52 | 68.10 |
| Revenue Growth | 22.62% | 20.68% | 37.16% | 19.69% | - |
| Gross Profit | 165 | 135 | 112 | 81.52 | 68.10 |
| Operating Income | 102 | 84.03 | 77.16 | 54.80 | 47.18 |
| Net Income | 77.33 | 62.87 | 54.68 | 33.13 | 28.38 |
| Shares Outstanding | 28.71 | 28.69 | 22.55 | 21.11 | 21.08 |
| Earnings Per Share | 2.37 | 2.07 | 2.28 | 1.47 | 1.35 |
| EPS Growth | 14.49% | -9.21% | 55.1% | 8.89% | - |
| Dividend Per Share | 0.28 | 0.24 | 0.05 | - | - |
| Dividend Growth | 16.67% | 380% | - | - | - |
| Operating Cash Flow | -1,257 | 204 | -176 | -150 | 118 |
| Capital Expenditures | -13.98 | -9.19 | -0.79 | -1.16 | -0.32 |
| Free Cash Flow | -1,271 | 195 | -177 | -151 | 118 |
| Cash & Equivalents | 507 | 337 | 360 | 446 | 447 |
| Total Debt | 181 | 195 | 56.61 | 57.01 | 57.49 |
| Net Cash / Debt | 325 | 141 | 303 | 389 | 389 |
| Assets | 6,372 | 3,884 | 3,393 | 2,719 | 2,269 |
| Liabilities | 5,718 | 3,463 | 3,026 | 2,512 | 2,121 |
| Book Value | 654 | 421 | 367 | 206 | 148 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Merchants Bancorp |
| Country |
United States |
| Employees |
329 |
| CEO |
Michael F. Petrie |
Stock Information
| Ticker Symbol |
MBIN |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Banks—Regional |
| Unique Identifier |
NASDAQ: MBIN |
| IPO Date |
October 27, 2017 |
Description
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates in three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products comprising checking, savings, and time deposit accounts; commercial, commercial real estate, mortgage, and other consumer loan products; and letters of credit, as well as engages in the retail banking, agricultural lending, single family mortgage lending, small business administration lending, and correspondent lending and servicing businesses. It operates 14 offices. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.