Financial Services - Banks - Regional - NASDAQ - US
$ 25.36
0.0789 %
$ 1.87 B
Market Cap
5.72
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 MBINO stock under the base case scenario is HIDDEN Compared to the current market price of 25.4 USD, Merchants Bancorp is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MBINO
FINANCIALS
523 M
REVENUE
386 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 | 386 M |
| Other Expenses | 107 M |
| Net Income | 279 M |
RATIOS
100.00%
GROSS MARGIN
73.85%
OPERATING MARGIN
53.44%
NET MARGIN
16.42%
ROE
1.65%
ROA
16.78%
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
MBINO has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.375 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 |
|
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 50 K USD
|
Shane David N.
Director |
+ 2000
|
25 USD |
|
3 years ago
Mar 16, 2021
|
Bought 300 K USD
|
Sellers Anne E.
Director |
+ 12000
|
25 USD |
|
3 years ago
Mar 16, 2021
|
Bought 3 M USD
|
O'Brien Patrick D.
Director |
+ 120000
|
25 USD |
|
3 years ago
Mar 16, 2021
|
Bought 1 M USD
|
O'Brien Patrick D.
Director |
+ 40000
|
25 USD |
|
4 years ago
Mar 11, 2020
|
Bought 106 K USD
|
O'Brien Patrick D.
Director |
+ 4000
|
26.55 USD |
|
3 years ago
Mar 16, 2021
|
Bought 500 K USD
|
JUSTER ANDREW
Director |
+ 20000
|
25 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 |
|
4 years ago
Sep 15, 2020
|
Bought 61.6 K USD
|
O'Brien Patrick D.
Director |
+ 3000
|
20.53 USD |
|
4 years ago
May 13, 2020
|
Bought 13.9 K USD
|
O'Brien Patrick D.
Director |
+ 1000
|
13.87 USD |
|
4 years ago
May 11, 2020
|
Bought 21.7 K USD
|
O'Brien Patrick D.
Director |
+ 1500
|
14.45 USD |
|
4 years ago
Jan 02, 2020
|
Sell 29.9 K USD
|
Kucer Susan Dehner
Indianpolis Market President |
- 1518
|
19.6956 USD |
|
4 years ago
Jan 02, 2020
|
Sell 16.1 K USD
|
Koors Jerry F.
Merchants Mortgage President |
- 816
|
19.6956 USD |
|
4 years ago
Jan 02, 2020
|
Sell 26.9 K USD
|
Evans Scott A.
Lynn Market President |
- 1368
|
19.6956 USD |
|
4 years ago
Jan 02, 2020
|
Sell 49.2 K USD
|
Dury Michael R.
President of Merchants Capital |
- 2500
|
19.6956 USD |
|
4 years ago
Jan 02, 2020
|
Sell 65.6 K USD
|
Dunlap Michael J.
President, COO |
- 3331
|
19.6956 USD |
|
5 years ago
Sep 12, 2019
|
Bought 25.1 K USD
|
Dury Michael R.
President of Merchants Capital |
+ 1514
|
16.5957 USD |
|
5 years ago
Sep 11, 2019
|
Bought 175 K USD
|
Dury Michael R.
President of Merchants Capital |
+ 10486
|
16.73 USD |
|
5 years ago
Mar 22, 2019
|
Bought 2 M USD
|
O'Brien Patrick D.
Director |
+ 80000
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 500 K USD
|
O'Brien Patrick D.
Director |
+ 20000
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 200 K USD
|
Kucer Susan Dehner
Indianapolis Mkt. Pres. |
+ 8000
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 7.5 K USD
|
Koors Jerry F.
Merchants Mortgage Pres. |
+ 300
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 10 K USD
|
Belser Richard L.
SVP, Chief Credit Officer |
+ 400
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 25 K USD
|
Shane David N.
Director |
+ 1000
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 100 K USD
|
Dury Michael R.
Pres. of Merchants Capital |
+ 4000
|
25 USD |
|
5 years ago
Mar 22, 2019
|
Bought 30 K USD
|
Dunlap Michael J.
President, COO |
+ 1200
|
25 USD |
|
5 years ago
Dec 04, 2018
|
Bought 69 K USD
|
O'Brien Patrick D.
Director |
+ 3000
|
22.99 USD |
|
5 years ago
Nov 26, 2018
|
Bought 23 K USD
|
O'Brien Patrick D.
Director |
+ 1000
|
23 USD |
|
7 years ago
Oct 26, 2017
|
Bought 0 USD
|
Belser Richard L.
Senior Vice President (A) |
+ 0
|
0 USD |
|
7 years ago
Oct 27, 2017
|
Bought 50 K USD
|
Shane David N.
Director |
+ 3125
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 10 K USD
|
Sellers Anne E.
Director |
+ 625
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 68 K USD
|
Perry John W.
Director |
+ 4250
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 600 K USD
|
O'Brien Patrick D.
Director |
+ 37500
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 250 K USD
|
Macke John F.
CFO |
+ 15625
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 20 K USD
|
Kucer Susan Dehner
Indianapolis Market Pres (1) |
+ 1250
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 4.99 K USD
|
Koors Jerry F.
President (1) |
+ 312
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 25 K USD
|
Gilroy Sue Anne
Director |
+ 1562
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 10 K USD
|
Evans Scott A.
Lynn Market Pres, Co-COO (1) |
+ 625
|
16 USD |
|
7 years ago
Oct 27, 2017
|
Bought 24 K USD
|
Dunlap Michael J.
President, Co-COO (1) |
+ 1500
|
16 USD |
|
7 years ago
Oct 26, 2017
|
Bought 1 USD
|
Belser Richard L.
Senior Vice President |
+ 1
|
1 USD |
7. News
8. Profile Summary
Merchants Bancorp MBINO
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.87 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
Aug. 19, 2019
Employees
618
Officers
Mr. Martin A. Schroeter
President of Warehouse Lending
Mr. Terry A. Oznick
Executive Vice President & General Counsel
Ms. Tami Durle
Manager SEC Reporting
Ms. Vickie Vandivier
Executive Vice President & Investment Officer
Mr. Kevin T. Langford
Executive Vice President & Chief Administrative Officer
Mr. Jeffery L. Scott
President & Executive Vice President of SBA Lending
Mr. Sean Sievers
Chief Financial Officer & Principal Accounting Officer
Mr. Michael J. Dunlap
President, Chief Operating Officer & Director
Mr. Michael R. Dury M.B.A.
President & Chief Executive Officer of Merchants Capital Corp
Mr. Michael F. Petrie CMB
Co-founder, Chairman & Chief Executive Officer