Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $1.90 billion. The enterprise value is $4.89 billion.
| Market Cap | 1.90B |
| Enterprise Value | 4.89B |
Important Dates
The next estimated earnings date is Monday, April 27, 2026, after market close.
| Earnings Date | Apr 27, 2026 |
| Ex-Dividend Date | Mar 13, 2026 |
Share Statistics
MBIN has 45.96 million shares outstanding. The number of shares has increased by 2.08% in one year.
| Current Share Class | 45.96M |
| Shares Outstanding | 45.96M |
| Shares Change (YoY) | +2.08% |
| Shares Change (QoQ) | +0.06% |
| Owned by Insiders (%) | 36.14% |
| Owned by Institutions (%) | 35.28% |
| Float | 29.35M |
Valuation Ratios
The trailing PE ratio is 10.96 and the forward PE ratio is 7.91.
| PE Ratio | 10.96 |
| Forward PE | 7.91 |
| PS Ratio | 3.41 |
| Forward PS | 2.60 |
| PB Ratio | 1.11 |
| P/TBV Ratio | 1.12 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 28.18 |
| EV / Sales | 8.67 |
| 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 9.67%.
| Return on Equity (ROE) | 9.67% |
| Return on Assets (ROA) | 1.14% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 3.61% |
| Revenue Per Employee | $766,929 |
| Profits Per Employee | $236,125 |
| Employee Count | 735 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBIN has paid $45.03 million in taxes.
| Income Tax | 45.03M |
| Effective Tax Rate | 17.07% |
Stock Price Statistics
The stock price has increased by +8.18% in the last 52 weeks. The beta is 1.20, so MBIN's price volatility has been higher than the market average.
| Beta (5Y) | 1.20 |
| 52-Week Price Change | +8.18% |
| 50-Day Moving Average | 40.75 |
| 200-Day Moving Average | 34.75 |
| Relative Strength Index (RSI) | 45.44 |
| Average Volume (20 Days) | 248,745 |
Short Selling Information
The latest short interest is 2.03 million, so 4.42% of the outstanding shares have been sold short.
| Short Interest | 2.03M |
| Short Previous Month | 2.24M |
| Short % of Shares Out | 4.42% |
| Short % of Float | 6.92% |
| Short Ratio (days to cover) | 3.53 |
Income Statement
In the last 12 months, MBIN had revenue of $563.69 million and earned $173.55 million in profits. Earnings per share was $3.78.
| Revenue | 563.69M |
| Gross Profit | 563.69M |
| Operating Income | 295.60M |
| Pretax Income | 263.80M |
| Net Income | 173.55M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $3.78 |
Balance Sheet
The company has $890.80 million in cash and $3.86 billion in debt, with a net cash position of -$2.97 billion or -$64.55 per share.
| Cash & Cash Equivalents | 890.80M |
| Total Debt | 3.86B |
| Net Cash | -2.97B |
| Net Cash Per Share | -$64.55 |
| Equity (Book Value) | 2.28B |
| Book Value Per Share | 37.68 |
| Working Capital | -11.91B |
Cash Flow
In the last 12 months, operating cash flow was -$341.25 million and capital expenditures -$20.94 million, giving a free cash flow of -$362.19 million.
| Operating Cash Flow | -341.25M |
| Capital Expenditures | -20.94M |
| Free Cash Flow | -362.19M |
| FCF Per Share | -$7.88 |
Margins
| Gross Margin | n/a |
| Operating Margin | 52.44% |
| Pretax Margin | 46.80% |
| Profit Margin | 38.81% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 0.97%.
| Dividend Per Share | $0.40 |
| Dividend Yield | 0.97% |
| Dividend Growth (YoY) | 10.81% |
| Years of Dividend Growth | 9 |
| Payout Ratio | 10.85% |
| Buyback Yield | -2.08% |
| Shareholder Yield | -1.13% |
| Earnings Yield | 9.02% |
| FCF Yield | -18.83% |
Analyst Forecast
The average price target for MBIN is $43.67, which is 5.46% higher than the current price. The consensus rating is "Buy".
| Price Target | $43.67 |
| Price Target Difference | 5.46% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 |