Merchants Bancorp Statistics

Total Valuation

MBIN has a market cap or net worth of $1.90 billion. The enterprise value is $5.81 billion.

Market Cap	1.90B
Enterprise Value	5.81B

Important Dates

The last earnings date was Tuesday, January 28, 2025, after market close.

Earnings Date	Jan 28, 2025
Ex-Dividend Date	Dec 13, 2024

Share Statistics

MBIN has 45.77 million shares outstanding. The number of shares has increased by 3.83% in one year.

Current Share Class	45.77M
Shares Outstanding	45.77M
Shares Change (YoY)	+3.83%
Shares Change (QoQ)	+0.03%
Owned by Insiders (%)	35.98%
Owned by Institutions (%)	91.94%
Float	29.30M

Valuation Ratios

The trailing PE ratio is 6.58 and the forward PE ratio is 7.48.

PE Ratio	6.58
Forward PE	7.48
PS Ratio	2.88
Forward PS	2.67
PB Ratio	1.21
P/TBV Ratio	1.21
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	20.47
EV / Sales	8.98
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 16.25%.

Return on Equity (ROE)	16.25%
Return on Assets (ROA)	1.79%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$1.05M
Profits Per Employee	$458,987
Employee Count	618
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, MBIN has paid $102.26 million in taxes.

Income Tax	102.26M
Effective Tax Rate	24.19%

Stock Price Statistics

Beta (5Y)	1.16
52-Week Price Change	n/a
50-Day Moving Average	39.13
200-Day Moving Average	41.83
Relative Strength Index (RSI)	50.97
Average Volume (20 Days)	173,700

Short Selling Information

The latest short interest is 825,980, so 1.80% of the outstanding shares have been sold short.

Short Interest	825,980
Short Previous Month	688,259
Short % of Shares Out	1.80%
Short % of Float	2.82%
Short Ratio (days to cover)	4.28

Income Statement

In the last 12 months, MBIN had revenue of $646.45 million and earned $283.65 million in profits. Earnings per share was $6.30.

Revenue	646.45M
Gross Profit	646.45M
Operating Income	448.80M
Pretax Income	419.43M
Net Income	283.65M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$6.30

Full Income Statement

Balance Sheet

The company has $478.17 million in cash and $4.39 billion in debt, giving a net cash position of -$3.91 billion or -$85.39 per share.

Cash & Cash Equivalents	478.17M
Total Debt	4.39B
Net Cash	-3.91B
Net Cash Per Share	-$85.39
Equity (Book Value)	2.24B
Book Value Per Share	34.33
Working Capital	-7.58B

Full Balance Sheet

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	69.42%
Pretax Margin	65.38%
Profit Margin	49.56%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.36, which amounts to a dividend yield of 0.87%.

Dividend Per Share	$0.36
Dividend Yield	0.87%
Dividend Growth (YoY)	12.50%
Years of Dividend Growth	8
Payout Ratio	5.71%
Buyback Yield	-3.83%
Shareholder Yield	-2.96%
Earnings Yield	14.95%
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for MBIN is $54.50, which is 31.42% higher than the current price. The consensus rating is "Buy".

Price Target	$54.50
Price Target Difference	31.42%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on January 18, 2022. It was a forward split with a ratio of 1.5:1.

Last Split Date	Jan 18, 2022
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	2