Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $2.53 billion. The enterprise value is $6.50 billion.
| Market Cap | 2.53B |
| Enterprise Value | 6.50B |
Important Dates
The last earnings date was Tuesday, July 28, 2026, after market close.
| Earnings Date | Jul 28, 2026 |
| Ex-Dividend Date | Jun 15, 2026 |
Share Statistics
MBIN has 45.94 million shares outstanding. The number of shares has increased by 0.13% in one year.
| Current Share Class | 45.94M |
| Shares Outstanding | 45.94M |
| Shares Change (YoY) | +0.13% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 47.04% |
| Owned by Institutions (%) | 99.08% |
| Float | 24.32M |
Valuation Ratios
The trailing PE ratio is 11.08 and the forward PE ratio is 9.55.
| PE Ratio | 11.08 |
| Forward PE | 9.55 |
| PS Ratio | 4.01 |
| Forward PS | 3.48 |
| PB Ratio | 1.38 |
| P/TBV Ratio | 1.38 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 28.42 |
| EV / Sales | 10.28 |
| 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 11.73%.
| Return on Equity (ROE) | 11.73% |
| Return on Assets (ROA) | 1.33% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 3.93% |
| Revenue Per Employee | $860,325 |
| Profits Per Employee | $311,208 |
| Employee Count | 735 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBIN has paid $53.97 million in taxes.
| Income Tax | 53.97M |
| Effective Tax Rate | 16.73% |
Stock Price Statistics
The stock price has increased by +77.71% 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 | +77.71% |
| 50-Day Moving Average | 48.76 |
| 200-Day Moving Average | 41.65 |
| Relative Strength Index (RSI) | 71.19 |
| Average Volume (20 Days) | 169,037 |
Short Selling Information
The latest short interest is 1.57 million, so 3.41% of the outstanding shares have been sold short.
| Short Interest | 1.57M |
| Short Previous Month | 1.59M |
| Short % of Shares Out | 3.41% |
| Short % of Float | 6.44% |
| Short Ratio (days to cover) | 7.81 |
Income Statement
In the last 12 months, MBIN had revenue of $632.34 million and earned $228.74 million in profits. Earnings per share was $4.98.
| Revenue | 632.34M |
| Gross Profit | 632.34M |
| Operating Income | 354.27M |
| Pretax Income | 322.56M |
| Net Income | 228.74M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $4.98 |
Balance Sheet
The company has $316.20 million in cash and $4.28 billion in debt, with a net cash position of -$3.97 billion or -$86.34 per share.
| Cash & Cash Equivalents | 316.20M |
| Total Debt | 4.28B |
| Net Cash | -3.97B |
| Net Cash Per Share | -$86.34 |
| Equity (Book Value) | 2.39B |
| Book Value Per Share | 40.11 |
| Working Capital | -9.17B |
Cash Flow
In the last 12 months, operating cash flow was -$1.09 billion and capital expenditures -$15.23 million, giving a free cash flow of -$1.10 billion.
| Operating Cash Flow | -1.09B |
| Capital Expenditures | -15.23M |
| Depreciation & Amortization | n/a |
| Net Borrowing | 768.75M |
| Free Cash Flow | -1.10B |
| FCF Per Share | -$23.99 |
Margins
| Gross Margin | n/a |
| Operating Margin | 56.03% |
| Pretax Margin | 51.01% |
| Profit Margin | 42.47% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 0.80%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.80% |
| Dividend Growth (YoY) | 10.53% |
| Years of Dividend Growth | 8 |
| Payout Ratio | 8.84% |
| Buyback Yield | -0.13% |
| Shareholder Yield | 0.67% |
| Earnings Yield | 9.02% |
| FCF Yield | -43.47% |
Analyst Forecast
The average price target for MBIN is $56.50, which is 2.39% higher than the current price. The consensus rating is "Hold".
| Price Target | $56.50 |
| Price Target Difference | 2.39% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | 5.82% |
| EPS Growth Forecast (3Y) | 16.00% |
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 |