Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $2.24 billion. The enterprise value is $3.57 billion.
| Market Cap | 2.24B |
| Enterprise Value | 3.57B |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
MBIN has 45.75 million shares outstanding. The number of shares has increased by 0.41% in one year.
| Shares Outstanding | 45.75M |
| Shares Change (YoY) | +0.41% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 42.21% |
| Owned by Institutions (%) | 27.26% |
| Float | 26.79M |
Valuation Ratios
The trailing PE ratio is 7.68 and the forward PE ratio is 8.21.
| PE Ratio | 7.68 |
| Forward PE | 8.21 |
| PS Ratio | 3.88 |
| Forward PS | 3.51 |
| PB Ratio | 1.26 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 12.89 |
| EV / Sales | 6.18 |
| EV / EBITDA | 9.10 |
| EV / EBIT | 9.17 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.03 |
| Debt / EBITDA | 4.69 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 16.60% and return on invested capital (ROIC) is 8.62%.
| Return on Equity (ROE) | 16.60% |
| Return on Assets (ROA) | 1.60% |
| Return on Capital (ROIC) | 8.62% |
| Revenue Per Employee | $934,663 |
| Profits Per Employee | $447,675 |
| Employee Count | 618 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBIN has paid $77.55 million in taxes.
| Income Tax | 77.55M |
| Effective Tax Rate | 21.89% |
Stock Price Statistics
The stock price has increased by +66.50% in the last 52 weeks. The beta is 1.13, so MBIN's price volatility has been higher than the market average.
| Beta (5Y) | 1.13 |
| 52-Week Price Change | +66.50% |
| 50-Day Moving Average | 41.96 |
| 200-Day Moving Average | 38.97 |
| Relative Strength Index (RSI) | 82.86 |
| Average Volume (20 Days) | 210,367 |
Short Selling Information
The latest short interest is 787,180, so 1.72% of the outstanding shares have been sold short.
| Short Interest | 787,180 |
| Short Previous Month | 612,530 |
| Short % of Shares Out | 1.72% |
| Short % of Float | 2.94% |
| Short Ratio (days to cover) | 3.99 |
Income Statement
In the last 12 months, MBIN had revenue of $577.62 million and earned $276.66 million in profits. Earnings per share was $6.37.
| Revenue | 577.62M |
| Gross Profit | 577.62M |
| Operating Income | 388.88M |
| Pretax Income | 388.88M |
| Net Income | 276.66M |
| EBITDA | 391.77M |
| EBIT | 388.88M |
| Earnings Per Share (EPS) | $6.37 |
Balance Sheet
The company has $508.76 million in cash and $1.84 billion in debt, giving a net cash position of -$1.33 billion or -$29.01 per share.
| Cash & Cash Equivalents | 508.76M |
| Total Debt | 1.84B |
| Net Cash | -1.33B |
| Net Cash Per Share | -$29.01 |
| Equity (Book Value) | 1.78B |
| Book Value Per Share | 38.83 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was -$438.64 million and capital expenditures -$8.79 million, giving a free cash flow of -$447.43 million.
| Operating Cash Flow | -438.64M |
| Capital Expenditures | -8.79M |
| Free Cash Flow | -447.43M |
| FCF Per Share | -$10.33 |
Margins
Gross margin is 100.00%, with operating and profit margins of 67.32% and 47.90%.
| Gross Margin | 100.00% |
| Operating Margin | 67.32% |
| Pretax Margin | 67.32% |
| Profit Margin | 47.90% |
| EBITDA Margin | 67.82% |
| EBIT Margin | 67.32% |
| FCF Margin | -77.46% |
Dividends & Yields
This stock pays an annual dividend of $0.36, which amounts to a dividend yield of 0.74%.
| Dividend Per Share | $0.36 |
| Dividend Yield | 0.74% |
| Dividend Growth (YoY) | 13.33% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 5.65% |
| Buyback Yield | -0.41% |
| Shareholder Yield | 0.33% |
| Earnings Yield | 12.35% |
| FCF Yield | -19.98% |
Analyst Forecast
The average price target for MBIN is $55.50, which is 13.38% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $55.50 |
| Price Target Difference | 13.38% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 18, 2022. It was a forward split with a ratio of 3:2.
| Last Split Date | Jan 18, 2022 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 2 |