Merchants Bancorp (MBIN)
Merchants Bancorp Statistics
Share Statistics
Merchants Bancorp has 45.88M shares outstanding. The number of shares has increased by 0.21% in one year.
| Shares Outstanding | 45.88M |
| Shares Change (YoY) | 0.21% |
| Shares Change (QoQ) | 0.19% |
| Owned by Institutions (%) | 93.3% |
| Shares Floating | 20.1M |
| Failed to Deliver (FTD) Shares | 3 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 660.58K, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 660.58K |
| Short % of Shares Out | 1.44% |
| Short % of Float | 2.31% |
| Short Ratio (days to cover) | 3.21 |
Valuation Ratios
The PE ratio is 5.11 and the forward PE ratio is 5.47. Merchants Bancorp's PEG ratio is 0.44.
| PE Ratio | 5.11 |
| Forward PE | 5.47 |
| PS Ratio | 1.26 |
| Forward PS | 2.1 |
| PB Ratio | 0.73 |
| P/FCF Ratio | -1.96 |
| PEG Ratio | 0.44 |
Enterprise Valuation
Merchants Bancorp has an Enterprise Value (EV) of 5.96B.
| EV / Sales | 4.58 |
| EV / EBITDA | 0 |
| EV / EBIT | -7.14 |
| EV / FCF | -7.14 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 1.93.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 1.93 |
| Debt / EBITDA | - |
| Debt / FCF | -5.19 |
| Interest Coverage | 1.65 |
Financial Efficiency
Return on Equity is 14.28% and Return on Invested Capital is 8.48%.
| Return on Equity | 14.28% |
| Return on Assets | 1.7% |
| Return on Invested Capital | 8.48% |
| Revenue Per Employee | $1.96M |
| Profits Per Employee | $483.24K |
| Employee Count | 663 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 102.26M |
| Effective Tax Rate | 24.19% |
Stock Price Statistics
The stock price has increased by -14.62% in the last 52 weeks. The beta is 1.16, so Merchants Bancorp's price volatility has been higher than the market average.
| Beta | 1.16 |
| 52-Week Price Change | -14.62% |
| 50-Day Moving Average | 36.99 |
| 200-Day Moving Average | 40.68 |
| Relative Strength Index (RSI) | 46.51 |
| Average Volume (20 Days) | 167.61K |
Income Statement
In the last 12 months, Merchants Bancorp had revenue of 1.3B and earned 320.39M in profits. Earnings per share was 6.32.
| Revenue | 1.3B |
| Gross Profit | 1.3B |
| Operating Income | 1.29B |
| Net Income | 320.39M |
| EBITDA | 0 |
| EBIT | -3.01M |
| Earnings Per Share (EPS) | 6.32 |
Balance Sheet
The company has 10.99M in cash and 4.34B in debt, giving a net cash position of -4.33B.
| Cash & Cash Equivalents | 10.99M |
| Total Debt | 4.34B |
| Net Cash | -4.33B |
| Retained Earnings | 1.33B |
| Total Assets | 18.81B |
| Working Capital | 11.43B |
Cash Flow
In the last 12 months, operating cash flow was -835.28M and capital expenditures 0, giving a free cash flow of -835.28M.
| Operating Cash Flow | -835.28M |
| Capital Expenditures | 0 |
| Free Cash Flow | -835.28M |
| FCF Per Share | -18.62 |
Margins
Gross margin is 100%, with operating and profit margins of 98.75% and 24.59%.
| Gross Margin | 100% |
| Operating Margin | 98.75% |
| Pretax Margin | 32.44% |
| Profit Margin | 24.59% |
| EBITDA Margin | n/a |
| EBIT Margin | 98.75% |
| FCF Margin | -64.12% |
Dividends & Yields
MBIN pays an annual dividend of $0.46, which amounts to a dividend yield of 0.98%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 0.98% |
| Dividend Growth (YoY) | 11.11% |
| Payout Ratio | 7.3% |
| Earnings Yield | 19.59% |
| FCF Yield | -51.06% |
Analyst Forecast
The average price target for MBIN is $45, which is 34.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $45 |
| Price Target Difference | 34.2% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Jan 18, 2022. It was a forward split with a ratio of 3:2.
| Last Split Date | Jan 18, 2022 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 1 |
| Piotroski F-Score | 4 |