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NASDAQ:MBIN

Merchants Bancorp (MBIN) Stock Price, News & Analysis

$52.59
+1.35 (+2.63%)
(As of 07/26/2024 ET)
Today's Range
$51.10
$52.97
50-Day Range
$39.06
$52.59
52-Week Range
$25.78
$53.10
Volume
291,404 shs
Average Volume
173,672 shs
Market Capitalization
$2.28 billion
P/E Ratio
8.26
Dividend Yield
0.68%
Price Target
$55.50

Merchants Bancorp MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
5.5% Upside
$55.50 Price Target
Short Interest
Healthy
4.03% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Merchants Bancorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.76%
From $6.38 to $6.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.00 out of 5 stars

Finance Sector

655th out of 898 stocks

State Commercial Banks Industry

148th out of 181 stocks

MBIN stock logo

About Merchants Bancorp Stock (NASDAQ:MBIN)

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, 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, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

MBIN Stock Price History

MBIN Stock News Headlines

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Company Calendar

Last Earnings
4/29/2024
Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:MBIN
Employees
480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.50
High Stock Price Target
$56.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+5.5%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$279.23 million
Pretax Margin
29.42%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$6.74 per share
Book Value
$27.79 per share

Miscellaneous

Free Float
26,143,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
1.12
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Key Executives

  • Mr. Michael F. Petrie CMB (Age 70)
    Co-founder, Chairman & CEO
    Comp: $1.05M
  • Mr. Michael J. DunlapMr. Michael J. Dunlap (Age 58)
    President, COO & Director
    Comp: $1.15M
  • Mr. John F. Macke (Age 59)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $565.75k
  • Mr. Martin A. Schroeter (Age 62)
    President of Warehouse Lending
    Comp: $589.49k
  • Mr. Michael R. Dury M.B.A. (Age 39)
    President & CEO of Merchants Capital Corp
    Comp: $8.69M
  • Ms. Vickie Vandivier
    Executive VP & Investment Officer
  • Mr. Kevin T. Langford (Age 56)
    Executive VP & Chief Administrative Officer
  • Tami Durle
    Manager SEC Reporting
  • Mr. Terry A. Oznick (Age 40)
    Executive VP & General Counsel
  • Mr. Jeffery L. Scott
    President & Executive VP of SBA Lending

MBIN Stock Analysis - Frequently Asked Questions

How have MBIN shares performed this year?

Merchants Bancorp's stock was trading at $42.58 at the beginning of the year. Since then, MBIN stock has increased by 23.5% and is now trading at $52.59.
View the best growth stocks for 2024 here
.

How were Merchants Bancorp's earnings last quarter?

Merchants Bancorp (NASDAQ:MBIN) issued its earnings results on Monday, April, 29th. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.43. The firm had revenue of $355.05 million for the quarter, compared to analysts' expectations of $144.15 million. Merchants Bancorp had a trailing twelve-month return on equity of 26.65% and a net margin of 23.55%.

When did Merchants Bancorp's stock split?

Shares of Merchants Bancorp split before market open on Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly created shares were payable to shareholders after the closing bell on Tuesday, January 18th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

When did Merchants Bancorp IPO?

Merchants Bancorp (MBIN) raised $101 million in an IPO on Friday, October 27th 2017. The company issued 5,600,000 shares at a price of $17.00-$19.00 per share. Sandler O'Neill + Partners, Stephens and Raymond James served as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.

Who are Merchants Bancorp's major shareholders?

Top institutional investors of Merchants Bancorp include Assenagon Asset Management S.A. (0.61%), PL Capital Advisors LLC (0.43%), Bank of New York Mellon Corp (0.33%) and Allspring Global Investments Holdings LLC (0.33%). Insiders that own company stock include Michael F Petrie, Michael J Dunlap, Randall D Rogers, Michael R Dury, Patrick D O'brien, Anne E Sellers and Terry A Oznick.
View institutional ownership trends
.

How do I buy shares of Merchants Bancorp?

Shares of MBIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Merchants Bancorp investors own include Intelsat (I), AMC Entertainment (AMC), Bank of America (BAC), Fossil Group (FOSL), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Associated British Foods (ABF).

This page (NASDAQ:MBIN) was last updated on 7/27/2024 by MarketBeat.com Staff

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