Merchants Bancorp

Company Profile

Merchants Bancorp had its IPO on 2022-09-23 under the ticker symbol MBINM.

The company operates in the Financial Services sector and Banks-Regional industry. Merchants Bancorp has a staff strength of 556 employees.

Stock update

Shares of Merchants Bancorp opened at $24.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.85 - $25, and closed at $25.

This is a +0.28% increase from the previous day's closing price.

A total volume of 2,523 shares were traded at the close of the day’s session.

In the last one week, shares of Merchants Bancorp have slipped by -0.99%.

Merchants Bancorp's Key Ratios

Merchants Bancorp has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Merchants Bancorp’s revenue was $445.32 million with a gross profit of $427.19 million and an EBITDA of $0. The EBITDA ratio measures Merchants Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Merchants Bancorp’s operating margin was 67.86% while its return on assets stood at 1.75% with a return of equity of 16.92%.

In Q2, Merchants Bancorp’s quarterly earnings growth was a positive 18% while revenue growth was a positive 7.5%.

Merchants Bancorp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Merchants Bancorp’s profitability.

Merchants Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Merchants Bancorp stock pays annual dividends of $0.3 per share, indicating a yield of 8.44% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$15.87 billion

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$1.90 million

Dividend Payout Ratio

0%

Merchants Bancorp ended 2024 with $15.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $15.87 billion while shareholder equity stood at $1.56 billion.

Merchants Bancorp ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, 138853000.00 in common stock, $928.88 million in retained earnings and $15.85 million in goodwill. Its cash balance stood at $377.31 million and cash and short-term investments were $663.39 million. The company’s total short-term debt was $0 while long-term debt stood at $1.02 billion.

Merchants Bancorp’s total current assets stands at $10.59 billion while long-term investments were $2.01 billion and short-term investments were $648.00 million. Its net receivables were $70.51 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Merchants Bancorp's operating cash flow was $0 while its capital expenditure stood at $1.90 million.

Comparatively, Merchants Bancorp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$25

52-Week High

$26.6284

52-Week Low

$20.1113

Analyst Target Price

$

Merchants Bancorp stock is currently trading at $25 per share. It touched a 52-week high of $26.6284 and a 52-week low of $26.6284. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $24.57 and 200-day moving average was $24.61 The short ratio stood at 0.68 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 2111.3% are held by institutions.