About Merchants Bancorp (NASDAQ:MBIN)
Merchants Bancorp operates as a diversified bank holding company in the United States. It operates in three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. 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 comprising checking, savings, and time deposit accounts; commercial, commercial real estate, mortgage, and other consumer loan products; and letters of credit, as well as engages in the retail banking, agricultural lending, single family mortgage lending, small business administration lending, and correspondent lending and servicing businesses. The company operates seven branches comprising three branches in the Indianapolis, Indiana metropolitan area; two branches in Lynn, Indiana; and two branches in Joy and New Boston, Illinois. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Industry, Sector and Symbol
Industry State commercial banks
Trailing P/E Ratio14.12
Forward P/E Ratio12.53
Sales & Book Value
Annual Sales$142.07 million
Price / Sales5.62
Cash Flow$1.6759 per share
Price / Cash16.60
Book Value$11.36 per share
Price / Book2.45
EPS (Most Recent Fiscal Year)N/A
Return on EquityN/A
Return on AssetsN/A
Merchants Bancorp (NASDAQ:MBIN) Frequently Asked Questions
What is Merchants Bancorp's stock symbol?
Merchants Bancorp trades on the NASDAQ under the ticker symbol "MBIN."
How often does Merchants Bancorp pay dividends? What is the dividend yield for Merchants Bancorp?
Merchants Bancorp announced a quarterly dividend on Wednesday, June 6th. Investors of record on Friday, June 15th will be paid a dividend of $0.06 per share on Monday, July 2nd. This represents a $0.24 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, June 14th. View Merchants Bancorp's Dividend History.
How were Merchants Bancorp's earnings last quarter?
Merchants Bancorp (NASDAQ:MBIN) issued its quarterly earnings results on Monday, April, 30th. The company reported $0.50 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.05. The company earned $31.42 million during the quarter, compared to analysts' expectations of $26.95 million. View Merchants Bancorp's Earnings History.
When is Merchants Bancorp's next earnings date?
What price target have analysts set for MBIN?
4 analysts have issued 1 year price objectives for Merchants Bancorp's stock. Their forecasts range from $20.00 to $23.00. On average, they expect Merchants Bancorp's share price to reach $21.25 in the next year. View Analyst Ratings for Merchants Bancorp.
Who are some of Merchants Bancorp's key competitors?
Some companies that are related to Merchants Bancorp include Columbia Banking System (COLB), Bancorpsouth Bank (BXS), International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), Great Western Bancorp (GWB), CVB Financial (CVBF), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB) and Eagle Bancorp (EGBN).
Who are Merchants Bancorp's key executives?
Merchants Bancorp's management team includes the folowing people:
- Mr. Michael F. Petrie, Chairman, CEO & Sec. (Age 64)
- Mr. Michael J. Dunlap, Pres, COO & Director (Age 52)
- Mr. Michael R. Dury, Exec. VP & COO of P/RMIC (Age 33)
- Mr. John F. Macke, Exec. VP, CFO & Chief Accounting Officer (Age 53)
- Tami Durle, Mang. SEC Reporting
When did Merchants Bancorp IPO?
(MBIN) raised $101 million in an initial public offering (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 acted as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.
When did the company's lock-up period expire?
Merchants Bancorp's lock-up period expired on Wednesday, April 25th. Merchants Bancorp had issued 6,250,000 shares in its public offering on October 27th. The total size of the offering was $100,000,000 based on an initial share price of $16.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
Has Merchants Bancorp been receiving favorable news coverage?
Press coverage about MBIN stock has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Merchants Bancorp earned a media sentiment score of 0.14 on Accern's scale. They also gave news articles about the company an impact score of 47.03 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Merchants Bancorp's major shareholders?
Merchants Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.17%), EJF Capital LLC (1.05%), Jacobs Asset Management LLC (0.68%), Boston Partners (0.64%), Northern Trust Corp (0.27%) and Gratia Capital LLC (0.21%). Company insiders that own Merchants Bancorp stock include John F Macke, Michael J Dunlap and Sue Anne Gilroy. View Institutional Ownership Trends for Merchants Bancorp.
Which major investors are selling Merchants Bancorp stock?
Which major investors are buying Merchants Bancorp stock?
MBIN stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Gratia Capital LLC, EJF Capital LLC, American Century Companies Inc., Commonwealth Equity Services LLC, Element Capital Management LLC, BlackRock Inc. and Prudential Financial Inc.. Company insiders that have bought Merchants Bancorp stock in the last two years include John F Macke, Michael J Dunlap and Sue Anne Gilroy. View Insider Buying and Selling for Merchants Bancorp.
How do I buy shares of Merchants Bancorp?
Shares of MBIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Merchants Bancorp's stock price today?
One share of MBIN stock can currently be purchased for approximately $27.82.
How big of a company is Merchants Bancorp?
Merchants Bancorp has a market capitalization of $798.21 million and generates $142.07 million in revenue each year. The company earns $54.68 million in net income (profit) each year or $1.97 on an earnings per share basis. Merchants Bancorp employs 194 workers across the globe.
How can I contact Merchants Bancorp?
Merchants Bancorp's mailing address is 11555 North Meridian Street Suite 400, Carmel IN, 46032. The company can be reached via phone at 317-569-7420.
MarketBeat Community Rating for Merchants Bancorp (MBIN)MarketBeat's community ratings are surveys of what our community members think about Merchants Bancorp and other stocks. Vote "Outperform" if you believe MBIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MBIN will underperform the S&P 500 over the long term. You may vote once every thirty days.