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Merchants Bancorp (MBIN)

Stock Price: $21.53 USD 0.15 (0.70%)
Updated Oct 16, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 618.89M
Revenue (ttm) 231.55M
Net Income (ttm) 116.07M
Shares Out 28.75M
EPS (ttm) 3.55
PE Ratio 6.06
Forward PE n/a
Dividend $0.32
Dividend Yield 1.49%

Stock Quote

Trading Day Oct 16, 2020
Last Price $21.53
Previous Close $21.38
Change ($) 0.15
Change (%) 0.70%
Day's Open 21.28
Day's Range 20.91 - 21.65
Day's Volume 24,939
52-Week Range 12.37 - 21.90

More Stats

Market Cap 618.89M
Enterprise Value 1.98B
Earnings Date (est) Feb 4, 2021
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 28.75M
Float 8.61M
EPS (basic) 3.56
EPS (diluted) 3.55
FCF / Share -78.28
Dividend $0.32
Dividend Yield 1.49%
Earnings Yield 16.49%
FCF Yield n/a
Payout Ratio 8.40%
Shares Short 65,807
Short Ratio 1.50
Short % of Float 0.76%
Beta 1.03
PE Ratio 6.06
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 2.67
PB Ratio 1.25
Revenue 231.55M
Operating Income 154.62M
Net Income 116.07M
Free Cash Flow -2.25B
Net Cash -1.36B
Net Cash / Share -47.24
Gross Margin 71.45%
Operating Margin 66.77%
Profit Margin 44.10%
FCF Margin -971.69%
ROA 1.58%
ROE 18.98%
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

Analyst Consensus: Buy

Price Target

$23.67*
(9.94% upside)
Low
23.0
Current: $21.53
High
25.0
Target: 23.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue16513511281.5268.10
Revenue Growth22.62%20.68%37.16%19.69%-
Gross Profit16513511281.5268.10
Operating Income10284.0377.1654.8047.18
Net Income77.3362.8754.6833.1328.38
Shares Outstanding28.7128.6922.5521.1121.08
Earnings Per Share2.372.072.281.471.35
EPS Growth14.49%-9.21%55.1%8.89%-
Dividend Per Share0.280.240.05--
Dividend Growth16.67%380%---
Operating Cash Flow-1,257204-176-150118
Capital Expenditures-13.98-9.19-0.79-1.16-0.32
Free Cash Flow-1,271195-177-151118
Cash & Equivalents507337360446447
Total Debt18119556.6157.0157.49
Net Cash / Debt325141303389389
Assets6,3723,8843,3932,7192,269
Liabilities5,7183,4633,0262,5122,121
Book Value654421367206148
Numbers in millions USD, except per-share numbers.

Company Profile

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 through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. 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, money market, certificates of deposit, and time deposit accounts, as well as other retail banking products; multi-family construction and bridge, commercial real estate, commercial and industrial, residential mortgage, and consumer loan products; and letters of credit, as well as engages in the agricultural lending, small business administration lending, single-family mortgage lending, and correspondent lending and servicing businesses. It operates 16 branches in Indiana, Illinois, Florida, New York, and Minnesota. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.