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About Merchants Bancorp (NASDAQ:MBIN)
Merchants Bancorp operates as a bank holding company for Merchants Bank of Indiana that provides various banking products and services in the United States. It 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. 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 provides a range of financial products and services to consumers and businesses, including various types of deposit products, including checking, savings, and time deposit accounts; commercial, commercial real estate, mortgage, and other consumer loan products; and letters of credit. Merchants Bancorp operates five branches comprising three branches in the Indianapolis, Indiana metropolitan area and two branches in Lynn, Indiana. The company was founded in 1990 and is headquartered in Carmel, Indiana.
Industry, Sector and Symbol
Industry State commercial banks
Trailing P/E Ratio13.40
Forward P/E Ratio12.34
Sales & Book Value
Annual Sales$142.07 million
Price / Sales5.33
Cash Flow$1.7143 per share
Price / Cash15.40
Book Value$11.78 per share
Price / Book2.24
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 declared a quarterly dividend on Friday, February 23rd. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.06 per share on Monday, April 2nd. This represents a $0.24 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, March 14th. This is a positive change from Merchants Bancorp's previous quarterly dividend of $0.05. View Merchants Bancorp's Dividend History.
How were Merchants Bancorp's earnings last quarter?
Merchants Bancorp (NASDAQ:MBIN) announced its quarterly earnings results on Monday, April, 30th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.05. The business earned $31.42 million during the quarter, compared to the consensus estimate 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 brokers have issued 1 year price targets for Merchants Bancorp's shares. Their predictions range from $20.00 to $23.00. On average, they anticipate Merchants Bancorp's stock 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 International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate BancSystem (FIBK), Renasant (RNST), ServisFirst Bancshares (SFBS), TowneBank (TOWN), Hilltop (HTH), Ameris Bancorp (ABCB), Independent Bank Gr (IBTX), Independent Bank (INDB), Eagle Bancorp (EGBN) and Pacific Premier Bancorp (PPBI).
Who are Merchants Bancorp's key executives?
Merchants Bancorp's management team includes the folowing people:
- Mr. Michael F. Petrie, Chairman & CEO (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 (Age 53)
- Mr. Bill D. Buchanan, Sr. VP & Chief Accounting Officer (Age 60)
When did Merchants Bancorp IPO?
(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 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 initial 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 expiration of the lock-up period.
Has Merchants Bancorp been receiving favorable news coverage?
News stories about MBIN stock have trended somewhat positive on Saturday, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Merchants Bancorp earned a coverage optimism score of 0.11 on Accern's scale. They also assigned headlines about the company an impact score of 45.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Merchants Bancorp's major shareholders?
Merchants Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $26.40.
How big of a company is Merchants Bancorp?
Merchants Bancorp has a market capitalization of $740.26 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.
Merchants Bancorp (NASDAQ:MBIN) Dividend Information
Merchants Bancorp pays an annual dividend of $0.24 per share, with a dividend yield of 0.91%. MBIN's most recent quarterly dividend payment was Monday, April 2. Merchants Bancorp pays out 12.18% of its earnings out as a dividend.
|Most Recent Dividend:||4/2/2018|
|Payout Ratio(s):||12.18% (Trailing 12 Months of Earnings) |
11.21% (Based on This Year's Estimates)
9.80% (Based on Next Year's Estimates)
14.00% (Based on Cash Flow)
Merchants Bancorp (NASDAQ:MBIN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Merchants Bancorp (NASDAQ MBIN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 43.40%
Institutional Ownership Percentage: 21.19%
Merchants Bancorp (NASDAQ MBIN) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|10/27/2017||John F Macke||CFO||Buy||15,625||$16.00||$250,000.00|| |
|10/27/2017||Michael J Dunlap||Insider||Buy||1,500||$16.00||$24,000.00|| |
|10/27/2017||Sue Anne Gilroy||Director||Buy||1,562||$16.00||$24,992.00|| |
Merchants Bancorp (NASDAQ MBIN) News Headlines
Merchants Bancorp (NASDAQ:MBIN) SEC Filings
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Merchants Bancorp (NASDAQ:MBIN) Income Statement, Balance Sheet and Cash Flow Statement
Merchants Bancorp (NASDAQ MBIN) Stock Chart for Saturday, May, 26, 2018