NASDAQ:MBIN - Merchants Bancorp Stock Price, News, & Analysis

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$21.33 +1.32 (+6.60 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$21.33
Today's Range$20.12 - $21.57
52-Week Range$18.85 - $29.15
Volume27,485 shs
Average Volume32,022 shs
Market Capitalization$612.04 million
P/E Ratio10.30
Dividend Yield1.20%
Beta0.85
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.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MBIN
CUSIPN/A
Phone317-569-7420

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$190.15 million
Cash Flow$1.7790 per share
Book Value$11.36 per share

Profitability

Net Income$62.87 million

Miscellaneous

Employees194
Market Cap$612.04 million
OptionableOptionable

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 Thursday, November 15th. Shareholders of record on Friday, December 14th will be given a dividend of $0.06 per share on Monday, December 31st. This represents a $0.24 annualized dividend and a yield of 1.13%. The ex-dividend date is Thursday, December 13th. View Merchants Bancorp's Dividend History.

How were Merchants Bancorp's earnings last quarter?

Merchants Bancorp (NASDAQ:MBIN) issued its earnings results on Wednesday, January, 30th. The company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $38.91 million for the quarter, compared to analysts' expectations of $36.05 million. Merchants Bancorp had a return on equity of 17.88% and a net margin of 33.07%. View Merchants Bancorp's Earnings History.

When is Merchants Bancorp's next earnings date?

Merchants Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Merchants Bancorp.

What price target have analysts set for MBIN?

2 brokers have issued 12 month price targets for Merchants Bancorp's stock. Their predictions range from $21.00 to $21.00. On average, they anticipate Merchants Bancorp's share price to reach $21.00 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Merchants Bancorp.

What is the consensus analysts' recommendation for Merchants Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Merchants Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Merchants Bancorp.

Has Merchants Bancorp been receiving favorable news coverage?

News stories about MBIN stock have trended neutral this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Merchants Bancorp earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Merchants Bancorp's key competitors?

Who are Merchants Bancorp's key executives?

Merchants Bancorp's management team includes the folowing people:
  • Mr. Michael F. Petrie, Chairman, CEO & Sec. (Age 65)
  • Mr. Michael J. Dunlap, Pres, COO & Director (Age 53)
  • Mr. Michael R. Dury, Exec. VP & COO of P/RMIC (Age 34)
  • Mr. John F. Macke, Exec. VP, CFO & Chief Accounting Officer (Age 54)
  • 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 $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.

Who are Merchants Bancorp's major shareholders?

Merchants Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.91%), Basswood Capital Management L.L.C. (0.75%), Geode Capital Management LLC (0.64%), Northern Trust Corp (0.64%), Boston Partners (0.56%) and Stifel Financial Corp (0.40%). 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 institutional investors are selling Merchants Bancorp stock?

MBIN stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Two Sigma Advisers LP, Eqis Capital Management Inc. and MetLife Investment Advisors LLC. View Insider Buying and Selling for Merchants Bancorp.

Which institutional investors are buying Merchants Bancorp stock?

MBIN stock was purchased by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Basswood Capital Management L.L.C., Bank of New York Mellon Corp, Bessemer Group Inc., Geode Capital Management LLC, BlackRock Inc., Context BH Capital Management LP and Raymond James & Associates. 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 $21.33.

How big of a company is Merchants Bancorp?

Merchants Bancorp has a market capitalization of $612.04 million and generates $190.15 million in revenue each year. The company earns $62.87 million in net income (profit) each year or $2.07 on an earnings per share basis. Merchants Bancorp employs 194 workers across the globe.

What is Merchants Bancorp's official website?

The official website for Merchants Bancorp is http://www.merchantsbankofindiana.com.

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 (NASDAQ MBIN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  224
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.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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