Merchants Bancorp Statistics

Total Valuation

MBIN has a market cap or net worth of $1.49 billion. The enterprise value is $4.58 billion.

Market Cap	1.49B
Enterprise Value	4.58B

Important Dates

The last earnings date was Monday, April 28, 2025, after market close.

Earnings Date	Apr 28, 2025
Ex-Dividend Date	Mar 14, 2025

Share Statistics

MBIN has 45.88 million shares outstanding. The number of shares has increased by 5.13% in one year.

Current Share Class	45.88M
Shares Outstanding	45.88M
Shares Change (YoY)	+5.13%
Shares Change (QoQ)	-0.02%
Owned by Insiders (%)	36.14%
Owned by Institutions (%)	31.40%
Float	29.30M

Valuation Ratios

The trailing PE ratio is 5.99 and the forward PE ratio is 6.88.

PE Ratio	5.99
Forward PE	6.88
PS Ratio	2.38
Forward PS	2.12
PB Ratio	0.93
P/TBV Ratio	0.93
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	18.49
EV / Sales	7.37
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 14.81%.

Return on Equity (ROE)	14.81%
Return on Assets (ROA)	1.59%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$937,273
Profits Per Employee	$373,861
Employee Count	663
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, MBIN has paid $93.28 million in taxes.

Income Tax	93.28M
Effective Tax Rate	24.24%

Stock Price Statistics

The stock price has decreased by -31.39% in the last 52 weeks. The beta is 1.32, so MBIN's price volatility has been higher than the market average.

Beta (5Y)	1.32
52-Week Price Change	-31.39%
50-Day Moving Average	34.82
200-Day Moving Average	39.84
Relative Strength Index (RSI)	49.66
Average Volume (20 Days)	183,415

Short Selling Information

The latest short interest is 674,675, so 1.47% of the outstanding shares have been sold short.

Short Interest	674,675
Short Previous Month	660,583
Short % of Shares Out	1.47%
Short % of Float	2.30%
Short Ratio (days to cover)	3.53

Income Statement

In the last 12 months, MBIN had revenue of $621.41 million and earned $247.87 million in profits. Earnings per share was $5.44.

Revenue	621.41M
Gross Profit	621.41M
Operating Income	413.11M
Pretax Income	419.43M
Net Income	247.87M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$5.44

Full Income Statement

Balance Sheet

The company has $926.68 million in cash and $4.02 billion in debt, giving a net cash position of -$3.09 billion or -$67.32 per share.

Cash & Cash Equivalents	926.68M
Total Debt	4.02B
Net Cash	-3.09B
Net Cash Per Share	-$67.32
Equity (Book Value)	2.16B
Book Value Per Share	35.08
Working Capital	-7.39B

Full Balance Sheet

Cash Flow

Operating Cash Flow	-303.47M
Capital Expenditures	-22.94M
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	66.48%
Pretax Margin	61.93%
Profit Margin	46.92%
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 1.23%.

Dividend Per Share	$0.40
Dividend Yield	1.23%
Dividend Growth (YoY)	12.12%
Years of Dividend Growth	8
Payout Ratio	7.36%
Buyback Yield	-5.13%
Shareholder Yield	-3.90%
Earnings Yield	16.60%
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for MBIN is $47.50, which is 45.93% higher than the current price. The consensus rating is "Buy".

Price Target	$47.50
Price Target Difference	45.93%
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