Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $2.25 billion. The enterprise value is $5.21 billion.
Important Dates
The next confirmed earnings date is Tuesday, April 28, 2026, after market close.
| Earnings Date | Apr 28, 2026 |
| Ex-Dividend Date | Mar 13, 2026 |
Share Statistics
MBIN has 45.94 million shares outstanding. The number of shares has increased by 2.08% in one year.
| Current Share Class | 45.94M |
| Shares Outstanding | 45.94M |
| Shares Change (YoY) | +2.08% |
| Shares Change (QoQ) | +0.06% |
| Owned by Insiders (%) | 54.10% |
| Owned by Institutions (%) | 94.04% |
| Float | 21.11M |
Valuation Ratios
The trailing PE ratio is 12.94 and the forward PE ratio is 9.33.
| PE Ratio | 12.94 |
| Forward PE | 9.33 |
| PS Ratio | 3.99 |
| Forward PS | 3.06 |
| PB Ratio | 1.30 |
| P/TBV Ratio | 1.31 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 30.04 |
| EV / Sales | 9.25 |
| 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) | 3.92% |
| 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 +52.93% in the last 52 weeks. The beta is 1.16, so MBIN's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | +52.93% |
| 50-Day Moving Average | 44.07 |
| 200-Day Moving Average | 36.06 |
| Relative Strength Index (RSI) | 73.59 |
| Average Volume (20 Days) | 203,969 |
Short Selling Information
The latest short interest is 1.66 million, so 3.62% of the outstanding shares have been sold short.
| Short Interest | 1.66M |
| Short Previous Month | 2.58M |
| Short % of Shares Out | 3.62% |
| Short % of Float | 7.88% |
| Short Ratio (days to cover) | 9.93 |
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 |
Full Income StatementBalance 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 -$64.58 per share.
| Cash & Cash Equivalents | 890.80M |
| Total Debt | 3.86B |
| Net Cash | -2.97B |
| Net Cash Per Share | -$64.58 |
| Equity (Book Value) | 2.28B |
| Book Value Per Share | 37.68 |
| Working Capital | -11.91B |
Full Balance SheetCash 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 |
| Depreciation & Amortization | n/a |
| Net Borrowing | -546.72M |
| Free Cash Flow | -362.19M |
| FCF Per Share | -$7.88 |
Full Cash Flow StatementMargins
| 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 0.85%.
| Dividend Per Share | $0.40 |
| Dividend Yield | 0.85% |
| Dividend Growth (YoY) | 10.81% |
| Years of Dividend Growth | 9 |
| Payout Ratio | 10.85% |
| Buyback Yield | -2.08% |
| Shareholder Yield | -1.27% |
| Earnings Yield | 7.72% |
| FCF Yield | -16.12% |
Dividend DetailsAnalyst Forecast
The average price target for MBIN is $43.67, which is -10.90% lower than the current price. The consensus rating is "Buy".
| Price Target | $43.67 |
| Price Target Difference | -10.90% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair 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 |
