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Merchants Bancorp (MBIN)
:MBIN
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MBIN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$34.16 - $53.27
Previous CloseN/A
Volume19.71K
Average Volume (3M)147.10K
Market Cap
$1.73B
Enterprise Value$6.08B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$32.01M
Price to Earnings (P/E)6.3
Beta1.31
Next Earnings
Jan 28, 2025EPS Estimate
1.27Last Dividend Ex-Date
Dec 13, 2024Dividend Yield0.95%
Share Statistics
EPS (TTM)6.05
Shares Outstanding45,764,023
10 Day Avg. Volume145,782
30 Day Avg. Volume147,100
Standard Deviation0.10
R-Squared0.33
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.83
Price to Cash Flow (P/CF)-0.90
P/FCF Ratio0.00
Enterprise Value/Market Cap3.51
Enterprise Value/Revenue9.56
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$49.83Price Target Upside28.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Merchants Bancorp News
PremiumPre-Earnings
Is MBIN a Buy, Before Earnings?
PremiumCompany Announcements
Merchants Bancorp Names Sean Sievers New CFOBulls Say, Bears Say
Bulls Say
Business GrowthLower rates should drive a pickup in both of MBIN's main businesses — mortgage warehouse lending and originate-to-sell multifamily/healthcare CRE.
Price TargetPrice target of $54 is based on 9x our 2025 EPS (2x multiple expansion vs. current NTM consensus P/E of 7x), 24% upside from here.
ValuationExpect 4x multiple discount vs. group to narrow over time as investors get more clarity that higher EPS levels are sustainable in different macro environments.
Bears Say
Credit QualityCredit migration continues to be negative, with NPLs increasing sequentially in each of the last four quarters.
Earnings3Q24 EPS miss driven by negative fair value marks and higher expenses.
Stock PerformanceExpect stock underperforms given EPS miss and higher NPLs.
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Ownership Overview
40.90% Insiders
9.86% Mutual Funds
0.32% Other Institutional Investors
41.61% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MBIN FAQ
What was Merchants Bancorp’s price range in the past 12 months?
Merchants Bancorp lowest stock price was $34.16 and its highest was $53.27 in the past 12 months.
What is Merchants Bancorp’s market cap?
Merchants Bancorp’s market cap is $1.73B.
When is Merchants Bancorp’s upcoming earnings report date?
Merchants Bancorp’s upcoming earnings report date is Jan 28, 2025 which is in 8 days.
How were Merchants Bancorp’s earnings last quarter?
Merchants Bancorp released its earnings results on Oct 28, 2024. The company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.423 by -$0.253.
Is Merchants Bancorp overvalued?
According to Wall Street analysts Merchants Bancorp’s price is currently Undervalued.
Does Merchants Bancorp pay dividends?
Merchants Bancorp pays a Quarterly dividend of $0.36 which represents an annual dividend yield of 0.95%. See more information on Merchants Bancorp dividends here
What is Merchants Bancorp’s EPS estimate?
Merchants Bancorp’s EPS estimate is 1.27.
How many shares outstanding does Merchants Bancorp have?
Merchants Bancorp has 45,764,023 shares outstanding.
What happened to Merchants Bancorp’s price movement after its last earnings report?
Merchants Bancorp reported an EPS of $1.17 in its last earnings report, missing expectations of $1.423. Following the earnings report the stock price went down -17.926%.
Which hedge fund is a major shareholder of Merchants Bancorp?
Among the largest hedge funds holding Merchants Bancorp’s share is Basswood Capital Management LLC. It holds Merchants Bancorp’s shares valued at 27M.
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Merchants Bancorp Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$49.83 (28.86% Upside)
$49.83 (28.86% Upside)
Blogger Sentiment
Bullish
MBIN Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 284.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 5.0%
Last 30 Days ▲ 5.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.63%
12-Months-Change
Fundamentals
Return on Equity
16.92%
Trailing 12-Months
Asset Growth
13.08%
Trailing 12-Months
Company Description
Merchants Bancorp
Merchants Bancorp (Indiana) is a bank holding company, which specializes in a multiple lines of business in banking and finance. It operates through the following segments: Multi-family Mortgage Banking; Mortgage Warehousing and Banking. The Multi-family Mortgage Banking segment engaged in mortgage banking, specializing in originating and servicing loans for multi-family rental housing and healthcare facility financing, particularly for senior living properties. The Mortgage Warehousing segment funds agency eligible loans for non-depository financial institutions from the date of origination or purchase until the date of sale to an investor. The Banking segment refers to financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; letters of credit and various types of deposit products, including checking, savings and time deposit accounts. The company was founded by Michael Petrie and Randall D. Rogers in 1990 and is headquartered in Carmel, IN.
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MBIN Stock 12 Month Forecast
Average Price Target
$49.83
▲(28.86% Upside)
Technical Analysis
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Best Analysts Covering MBIN
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+23.16%
reiterated a buy rating 13 days ago
Copying Daniel Tamayo's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +23.16% per trade.
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