Merchants Bancorp Statistics

Total Valuation

MBIN has a market cap or net worth of $1.77 billion. The enterprise value is $4.33 billion.

Market Cap	1.77B
Enterprise Value	4.33B

Important Dates

The next estimated earnings date is Monday, January 27, 2025, after market close.

Earnings Date	Jan 27, 2025
Ex-Dividend Date	Dec 13, 2024

Share Statistics

MBIN has 45.76 million shares outstanding. The number of shares has increased by 2.48% in one year.

Current Share Class	45.76M
Shares Outstanding	45.76M
Shares Change (YoY)	+2.48%
Shares Change (QoQ)	+2.71%
Owned by Insiders (%)	36.07%
Owned by Institutions (%)	32.46%
Float	29.26M

Valuation Ratios

The trailing PE ratio is 6.42 and the forward PE ratio is 7.50.

PE Ratio	6.42
Forward PE	7.50
PS Ratio	2.82
Forward PS	2.69
PB Ratio	1.19
P/TBV Ratio	1.19
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	16.20
EV / Sales	7.13
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 16.92%.

Return on Equity (ROE)	16.92%
Return on Assets (ROA)	1.72%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$982,858
Profits Per Employee	$432,883
Employee Count	618
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, MBIN has paid $92.02 million in taxes.

Income Tax	92.02M
Effective Tax Rate	23.34%

Stock Price Statistics

The stock price has decreased by -4.26% in the last 52 weeks. The beta is 1.15, so MBIN's price volatility has been higher than the market average.

Beta (5Y)	1.15
52-Week Price Change	-4.26%
50-Day Moving Average	38.42
200-Day Moving Average	41.64
Relative Strength Index (RSI)	59.48
Average Volume (20 Days)	164,801

Short Selling Information

The latest short interest is 614,020, so 1.34% of the outstanding shares have been sold short.

Short Interest	614,020
Short Previous Month	620,986
Short % of Shares Out	1.34%
Short % of Float	2.10%
Short Ratio (days to cover)	4.32

Income Statement

In the last 12 months, MBIN had revenue of $607.41 million and earned $267.52 million in profits. Earnings per share was $6.03.

Revenue	607.41M
Gross Profit	607.41M
Operating Income	417.93M
Pretax Income	419.43M
Net Income	267.52M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$6.03

Full Income Statement

Balance Sheet

The company has $1.02 billion in cash and $3.58 billion in debt, giving a net cash position of -$2.56 billion or -$56.02 per share.

Cash & Cash Equivalents	1.02B
Total Debt	3.58B
Net Cash	-2.56B
Net Cash Per Share	-$56.02
Equity (Book Value)	1.94B
Book Value Per Share	32.55
Working Capital	-8.03B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$88.97 million and capital expenditures -$16.19 million, giving a free cash flow of -$105.15 million.

Operating Cash Flow	-88.97M
Capital Expenditures	-16.19M
Free Cash Flow	-105.15M
FCF Per Share	-$2.30

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	68.81%
Pretax Margin	64.90%
Profit Margin	49.75%
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 0.93%.

Dividend Per Share	$0.36
Dividend Yield	0.93%
Dividend Growth (YoY)	12.50%
Years of Dividend Growth	8
Payout Ratio	5.97%
Buyback Yield	-2.48%
Shareholder Yield	-1.55%
Earnings Yield	15.12%
FCF Yield	-5.94%

Dividend Details

Analyst Forecast

The average price target for MBIN is $53.83, which is 39.20% higher than the current price. The consensus rating is "Buy".

Price Target	$53.83
Price Target Difference	39.20%
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