Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $2.38 billion. The enterprise value is $5.07 billion.
| Market Cap | 2.38B |
| Enterprise Value | 5.07B |
Important Dates
The last earnings date was Wednesday, October 28, 2026, after market close.
| Earnings Date | Oct 28, 2026 |
| Ex-Dividend Date | Sep 15, 2026 |
Share Statistics
MBIN has 45.94 million shares outstanding. The number of shares has increased by 0.16% in one year.
| Current Share Class | 45.94M |
| Shares Outstanding | 45.94M |
| Shares Change (YoY) | +0.16% |
| Shares Change (QoQ) | +0.06% |
| Owned by Insiders (%) | 44.73% |
| Owned by Institutions (%) | 98.98% |
| Float | 25.38M |
Valuation Ratios
The trailing PE ratio is 8.53 and the forward PE ratio is 8.83.
| PE Ratio | 8.53 |
| Forward PE | 8.83 |
| PS Ratio | 3.38 |
| Forward PS | 3.17 |
| PB Ratio | 1.23 |
| P/TBV Ratio | 1.24 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 18.17 |
| EV / Sales | 7.21 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.22 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 13.55%.
| Return on Equity (ROE) | 13.55% |
| Return on Assets (ROA) | 1.59% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 4.75% |
| Revenue Per Employee | $957,067 |
| Profits Per Employee | $379,888 |
| Employee Count | 735 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBIN has paid $72.33 million in taxes.
| Income Tax | 72.33M |
| Effective Tax Rate | 18.48% |
Stock Price Statistics
The stock price has increased by +61.85% in the last 52 weeks. The beta is 1.19, so MBIN's price volatility has been higher than the market average.
| Beta (5Y) | 1.19 |
| 52-Week Price Change | +61.85% |
| 50-Day Moving Average | 50.94 |
| 200-Day Moving Average | 48.03 |
| Relative Strength Index (RSI) | 55.31 |
| Average Volume (20 Days) | 164,574 |
Short Selling Information
The latest short interest is 1.97 million, so 4.29% of the outstanding shares have been sold short.
| Short Interest | 1.97M |
| Short Previous Month | 1.96M |
| Short % of Shares Out | 4.29% |
| Short % of Float | 7.77% |
| Short Ratio (days to cover) | 8.95 |
Income Statement
In the last 12 months, MBIN had revenue of $703.44 million and earned $279.22 million in profits. Earnings per share was $6.07.
| Revenue | 703.44M |
| Gross Profit | 703.44M |
| Operating Income | 419.71M |
| Pretax Income | 391.39M |
| Net Income | 279.22M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $6.07 |
Balance Sheet
The company has $321.33 million in cash and $3.02 billion in debt, with a net cash position of -$2.70 billion or -$58.69 per share.
| Cash & Cash Equivalents | 321.33M |
| Total Debt | 3.02B |
| Net Cash | -2.70B |
| Net Cash Per Share | -$58.69 |
| Equity (Book Value) | 2.48B |
| Book Value Per Share | 42.05 |
| Working Capital | -10.50B |
Cash Flow
In the last 12 months, operating cash flow was -$752.15 million and capital expenditures -$13.17 million, giving a free cash flow of -$765.32 million.
| Operating Cash Flow | -752.15M |
| Capital Expenditures | -13.17M |
| Depreciation & Amortization | n/a |
| Net Borrowing | 270.33M |
| Free Cash Flow | -765.32M |
| FCF Per Share | -$16.66 |
Margins
| Gross Margin | n/a |
| Operating Margin | 59.66% |
| Pretax Margin | 55.64% |
| Profit Margin | 45.36% |
| 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 0.85%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.85% |
| Dividend Growth (YoY) | 10.26% |
| Years of Dividend Growth | 8 |
| Payout Ratio | 7.25% |
| FCF Payout Ratio | n/a |
| Buyback Yield | -0.16% |
| Shareholder Yield | 0.69% |
| Earnings Yield | 11.73% |
| FCF Yield | -32.18% |
Analyst Forecast
The average price target for MBIN is $67.00, which is 29.44% higher than the current price. The consensus rating is "Hold".
| Price Target | $67.00 |
| Price Target Difference | 29.44% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | 7.39% |
| EPS Growth Forecast (3Y) | 21.71% |
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 | |
| Graham Formula Value | |
| Graham Formula 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 |