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Merchants Bancorp MBINN
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 21.6
1.36 %
$ 989 M
Market Cap
4.88
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one MBINN stock under the worst case scenario is HIDDEN Compared to the current market price of 21.6 USD, Merchants Bancorp is HIDDEN

MBINN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one MBINN stock under the base case scenario is HIDDEN Compared to the current market price of 21.6 USD, Merchants Bancorp is HIDDEN

MBINN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one MBINN stock under the best case scenario is HIDDEN Compared to the current market price of 21.6 USD, Merchants Bancorp is HIDDEN

MBINN Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MBINN

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1M 2%
6M 6%
1Y 12%
3Y 4%
5Y --%
All
FINANCIALS
523 M REVENUE
22.31%
Growth Rates
1Year 22.31%
3Years 15.42%
5Years 31.10%
7Years 30.40%
10Years 0.00%
348 M OPERATING INCOME
18.09%
Growth Rates
1Year 18.09%
3Years 11.77%
5Years 32.54%
7Years 29.83%
10Years 0.00%
279 M NET INCOME
27.09%
Growth Rates
1Year 27.09%
3Years 15.65%
5Years 34.74%
7Years 35.60%
10Years 0.00%
-356 M OPERATING CASH FLOW
-36.53%
Growth Rates
1Year -36.53%
3Years 25.87%
5Years -22.43%
7Years -13.18%
10Years 0.00%
-3.26 B INVESTING CASH FLOW
-13.88%
Growth Rates
1Year -13.88%
3Years -8.79%
5Years -44.97%
7Years -43.10%
10Years 0.00%
3.97 B FINANCING CASH FLOW
267.82%
Growth Rates
1Year 267.82%
3Years 8.87%
5Years 69.69%
7Years 38.14%
10Years 0.00%
148 M REVENUE
-58.24%
Growth Rates
1Year 22.31%
3Years 15.42%
5Years 31.10%
7Years 30.40%
10Years 0.00%
81.3 M OPERATING INCOME
-22.31%
Growth Rates
1Year 18.09%
3Years 11.77%
5Years 32.54%
7Years 29.83%
10Years 0.00%
61.3 M NET INCOME
0.00%
Growth Rates
1Year 27.09%
3Years 15.65%
5Years 34.74%
7Years 35.60%
10Years 0.00%
-493 M OPERATING CASH FLOW
-85.13%
Growth Rates
1Year -36.53%
3Years 25.87%
5Years -22.43%
7Years -13.18%
10Years 0.00%
181 M INVESTING CASH FLOW
229532.91%
Growth Rates
1Year -13.88%
3Years -8.79%
5Years -44.97%
7Years -43.10%
10Years 0.00%
372 M FINANCING CASH FLOW
24.85%
Growth Rates
1Year 267.82%
3Years 8.87%
5Years 69.69%
7Years 38.14%
10Years 0.00%
Balance Sheet Merchants Bancorp
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Current Assets 584 M
Cash & Short-Term Investments 584 M
Receivables 0
Other Current Assets 0
Non-Current Assets 16.4 B
Long-Term Investments 2.43 B
PP&E 52.4 M
Other Non-Current Assets 13.9 B
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
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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
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 0.00%
66.58% OPERATING MARGIN
66.58%
Averages
1Year 66.58%
3Years 69.01%
5Years 68.75%
7Years 68.09%
10Years 0.00%
53.44% NET MARGIN
53.44%
Averages
1Year 53.44%
3Years 52.55%
5Years 51.50%
7Years 50.43%
10Years 0.00%
16.42% ROE
16.42%
Averages
1Year 16.42%
3Years 17.04%
5Years 17.04%
7Years 16.43%
10Years 0.00%
1.65% ROA
1.65%
Averages
1Year 1.65%
3Years 1.80%
5Years 1.70%
7Years 1.67%
10Years 0.00%
15.13% ROIC
15.13%
Averages
1Year 15.13%
3Years 11.63%
5Years 11.15%
7Years 12.26%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Merchants Bancorp
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Net Income 279 M
Depreciation & Amortization 2.85 M
Capital Expenditures -7.53 M
Stock-Based Compensation 0
Change in Working Capital -70 K
Others -636 M
Free Cash Flow -364 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Merchants Bancorp
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MBINN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.58% DIVIDEND YIELD
0.375 USD DIVIDEND PER SHARE
5. COMPETITION

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.

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6. Ownership
Insider Ownership Merchants Bancorp
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
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
2 years ago
Dec 15, 2022
Bought 234 K USD
Dury Michael R.
director: CEO of Merchants Capital
+ 9500
 24.62 USD
2 years 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
3 years ago
Nov 16, 2021
Sell 33.6 K USD
Dunlap Michael J.
President, COO
- 1200
 28 USD
3 years ago
Nov 05, 2021
Sell 495 K USD
Rogers Randall D.
Vice Chairman
- 10304
 48 USD
3 years ago
Nov 01, 2021
Sell 356 K USD
Rogers Randall D.
Vice Chairman
- 7790
 45.72 USD
3 years ago
Nov 02, 2021
Sell 448 K USD
Rogers Randall D.
Vice Chairman
- 9743
 45.99 USD
3 years ago
Nov 03, 2021
Sell 707 K USD
Rogers Randall D.
Vice Chairman
- 15000
 47.13 USD
3 years ago
Mar 16, 2021
Bought 200 K USD
Kucer Susan Dehner
Indianpolis Market President
+ 8000
 25 USD
3 years ago
Mar 16, 2021
Bought 10 K USD
Koors Jerry F.
Merchants Mortgage President
+ 400
 25 USD
5 years ago
Jan 02, 2020
Sell 29.9 K USD
Kucer Susan Dehner
Indianpolis Market President
- 1518
 19.6956 USD
5 years ago
Jan 02, 2020
Sell 16.1 K USD
Koors Jerry F.
Merchants Mortgage President
- 816
 19.6956 USD
5 years ago
Jan 02, 2020
Sell 26.9 K USD
Evans Scott A.
Lynn Market President
- 1368
 19.6956 USD
5 years ago
Jan 02, 2020
Sell 49.2 K USD
Dury Michael R.
President of Merchants Capital
- 2500
 19.6956 USD
5 years ago
Jan 02, 2020
Sell 65.6 K USD
Dunlap Michael J.
President, COO
- 3331
 19.6956 USD
7. News
8. Profile Summary

Merchants Bancorp MBINN

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 989 M
Dividend Yield 0.58%
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 March 17, 2021
Employees 618
Officers Ms. Vickie Vandivier Executive Vice President & Investment Officer Mr. Michael J. Dunlap President, Chief Operating Officer & Director Mr. Jeffery L. Scott President & Executive Vice President of SBA Lending Ms. Tami Durle Manager SEC Reporting Mr. Kevin T. Langford Executive Vice President & Chief Administrative Officer Mr. Martin A. Schroeter President of Warehouse Lending Mr. Michael F. Petrie CMB Co-founder, Chairman & Chief Executive Officer Mr. Michael R. Dury M.B.A. President & Chief Executive Officer of Merchants Capital Corp Mr. Terry A. Oznick Executive Vice President & General Counsel Mr. Sean Sievers Chief Financial Officer & Principal Accounting Officer