Financial Services - Banks - Regional - NASDAQ - US
$ 26.42
-0.34 %
$ 1.85 B
Market Cap
None
P/E
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products.[ Read More ]
The intrinsic value of one MBINM stock under the base case scenario is HIDDEN Compared to the current market price of 26.4 USD, Merchants Bancorp is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MBINM
FINANCIALS
523 M
REVENUE
348 M
OPERATING INCOME
279 M
NET INCOME
-356 M
OPERATING CASH FLOW
-3.26 B
INVESTING CASH FLOW
3.97 B
FINANCING CASH FLOW
358 M
REVENUE
81.3 M
OPERATING INCOME
61.3 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
Merchants Bancorp
| Current Assets | 584 M |
| Cash & Short-Term Investments | 584 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 2.66 B |
| Long-Term Investments | 2.43 B |
| PP&E | 52.4 M |
| Other Non-Current Assets | 175 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 15.3 B |
| Long-Term Debt | 154 M |
| Other Non-Current Liabilities | 15.1 B |
EFFICIENCY
Earnings Waterfall
Merchants Bancorp
| Revenue | 523 M |
| Cost Of Revenue | 0 |
| Gross Profit | 523 M |
| Operating Expenses | 559 M |
| Operating Income | 348 M |
| Other Expenses | 68.7 M |
| Net Income | 279 M |
RATIOS
100.00%
GROSS MARGIN
66.58%
OPERATING MARGIN
53.44%
NET MARGIN
16.42%
ROE
1.65%
ROA
15.13%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Merchants Bancorp
| Net Income | 279 M |
| Depreciation & Amortization | 2.85 M |
| Capital Expenditures | -7.53 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -39.6 M |
| Others | -636 M |
| Free Cash Flow | -364 M |
Wall Street Analysts Price Targets
Merchants Bancorp
MBINM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.516 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Merchants Bancorp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
3.79 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Nov 14, 2023
|
Sell 1.93 M USD
|
Rogers Randall D.
Vice Chairman |
- 60000
|
32.18 USD |
|
1 year ago
Nov 14, 2023
|
Sell 1.86 M USD
|
Rogers Randall D.
Vice Chairman |
- 57894
|
32.17 USD |
|
1 year ago
Nov 06, 2023
|
Sell 451 K USD
|
Rogers Randall D.
Vice Chairman |
- 14212
|
31.75 USD |
|
1 year ago
Nov 06, 2023
|
Sell 172 K USD
|
Rogers Randall D.
Vice Chairman |
- 5404
|
31.75 USD |
|
1 year ago
Nov 02, 2023
|
Bought 256 K USD
|
Dury Michael R.
CEO of Merchants Capital |
+ 14000
|
18.26 USD |
|
1 year ago
Nov 01, 2023
|
Sell 608 K USD
|
Petrie Michael F.
Chairman and CEO |
- 20064
|
30.3 USD |
|
1 year ago
Nov 02, 2023
|
Sell 12.5 K USD
|
Rogers Randall D.
Vice Chairman |
- 397
|
31.5 USD |
|
1 year ago
Nov 03, 2023
|
Sell 814 K USD
|
Rogers Randall D.
Vice Chairman |
- 25788
|
31.56 USD |
|
1 year ago
Nov 03, 2023
|
Sell 1.2 M USD
|
Rogers Randall D.
Vice Chairman |
- 38062
|
31.64 USD |
|
1 year ago
Nov 03, 2023
|
Sell 1.27 M USD
|
Rogers Randall D.
Vice Chairman |
- 40000
|
31.63 USD |
|
1 year ago
Nov 02, 2023
|
Sell 10.5 K USD
|
Rogers Randall D.
Vice Chairman |
- 332
|
31.5 USD |
|
1 year ago
Nov 03, 2023
|
Sell 1.08 M USD
|
Rogers Randall D.
Vice Chairman |
- 34264
|
31.61 USD |
|
1 year ago
Sep 14, 2023
|
Sell 65 K USD
|
Rogers Randall D.
Vice Chairman |
- 2300
|
28.25 USD |
|
1 year ago
Aug 10, 2023
|
Sell 20.6 K USD
|
Petrie Michael F.
Chairman and CEO |
- 649
|
31.8 USD |
|
1 year ago
Aug 08, 2023
|
Sell 373 K USD
|
Petrie Michael F.
Chairman and CEO |
- 11778
|
31.7 USD |
|
1 year ago
Aug 08, 2023
|
Bought 379 K USD
|
Petrie Michael F.
Chairman and CEO |
+ 17100
|
22.15 USD |
|
1 year ago
Aug 07, 2023
|
Bought 26.6 K USD
|
Petrie Michael F.
Chairman and CEO |
+ 1200
|
22.14 USD |
|
1 year ago
Aug 04, 2023
|
Bought 59.1 K USD
|
Petrie Michael F.
Chairman and CEO |
+ 2706
|
21.85 USD |
|
1 year ago
Aug 03, 2023
|
Bought 320 USD
|
Petrie Michael F.
Chairman and CEO |
+ 15
|
21.35 USD |
|
1 year ago
Jun 13, 2023
|
Bought 68.2 K USD
|
O'Brien Patrick D.
Director |
+ 3000
|
22.72 USD |
|
1 year ago
Jun 13, 2023
|
Bought 32 K USD
|
O'Brien Patrick D.
Director |
+ 1500
|
21.32 USD |
|
1 year ago
May 16, 2023
|
Sell 85.8 K USD
|
Petrie Michael F.
Chairman and CEO |
- 5000
|
17.15 USD |
|
1 year ago
May 17, 2023
|
Sell 174 K USD
|
Petrie Michael F.
Chairman and CEO |
- 10000
|
17.45 USD |
|
1 year ago
May 10, 2023
|
Sell 85 K USD
|
Petrie Michael F.
Chairman and CEO |
- 5000
|
17 USD |
|
1 year ago
May 04, 2023
|
Bought 55.3 K USD
|
Dunlap Michael J.
President, COO |
+ 2500
|
22.13 USD |
|
1 year ago
May 04, 2023
|
Bought 26.2 K USD
|
Dunlap Michael J.
President, COO |
+ 1500
|
17.5 USD |
|
1 year ago
May 04, 2023
|
Bought 9.76 K USD
|
Oznick Terry A
SVP, General Counsel |
+ 600
|
16.26 USD |
|
1 year ago
May 02, 2023
|
Bought 10.1 K USD
|
Oznick Terry A
SVP, General Counsel |
+ 545
|
18.51 USD |
|
1 year ago
May 01, 2023
|
Bought 14.9 K USD
|
Oznick Terry A
SVP, General Counsel |
+ 755
|
19.69 USD |
|
1 year ago
Mar 09, 2023
|
Bought 93 K USD
|
O'Brien Patrick D.
Director |
+ 3999
|
23.25 USD |
|
1 year ago
Mar 08, 2023
|
Bought 23.2 USD
|
O'Brien Patrick D.
Director |
+ 1
|
23.25 USD |
|
1 year ago
Mar 07, 2023
|
Bought 11.6 K USD
|
O'Brien Patrick D.
Director |
+ 500
|
23.25 USD |
|
1 year ago
Dec 15, 2022
|
Bought 234 K USD
|
Dury Michael R.
director: CEO of Merchants Capital |
+ 9500
|
24.62 USD |
|
1 year ago
Dec 09, 2022
|
Bought 77.7 K USD
|
O'Brien Patrick D.
Director |
+ 3700
|
21 USD |
|
2 years ago
Feb 16, 2022
|
Bought 24.7 K USD
|
Rogers Randall D.
Vice Chairman |
+ 1010
|
24.5 USD |
7. News
8. Profile Summary
Merchants Bancorp MBINM
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.85 B
Dividend Yield
0.00%
Description
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Contact
410 Monon Boulevard, Carmel, IN, 46032
https://www.merchantsbancorp.com
IPO Date
Sept. 26, 2022
Employees
618
Officers
Mr. Michael J. Dunlap
President, Chief Operating Officer & Director
Mr. Martin A. Schroeter
President of Warehouse Lending
Mr. Michael R. Dury M.B.A.
President & Chief Executive Officer of Merchants Capital Corp
Mr. Sean Sievers
Chief Financial Officer & Principal Accounting Officer
Mr. Kevin T. Langford
Executive Vice President & Chief Administrative Officer
Ms. Tami Durle
Manager SEC Reporting
Mr. Terry A. Oznick
Executive Vice President & General Counsel
Mr. Jeffery L. Scott
President & Executive Vice President of SBA Lending
Ms. Vickie Vandivier
Executive Vice President & Investment Officer
Mr. Michael F. Petrie CMB
Co-founder, Chairman & Chief Executive Officer