Merchants Bancshares Company Profile (NASDAQ:MBVT)

About Merchants Bancshares

Merchants Bancshares, Inc. is a bank holding company. The Company's subsidiary, Merchants Bank (the Bank) is a commercial bank. The Bank offers a range of deposit, loan, cash management and trust services to meet the financial needs of individual consumers, businesses and municipalities. The Bank operates approximately 30 full-service banking offices and over 40 automated teller machines (ATMs) located across the state of Vermont, and a full-service banking office in Massachusetts. Merchants Bank's trust division offers investment management, financial planning and trustee services. The Bank offers commercial, financial and agricultural loans, municipal loans, residential real estate loans, commercial real estate loans, construction real estate loans and consumer installment loans for various personal needs, including vehicle and boat financing. The Bank classifies certain of its investments in debt securities as securities available for sale and securities held to maturity.

Industry, Sector and Symbol:

Sector: Finance
Industry: Regional - Northeast Banks
Sub-Industry: Regional Banks
Exchange: NASDAQ
Symbol: MBVT
CUSIP: 58844810

Key Metrics:

Previous Close: $32.23
50 Day Moving Average: $32.64
200 Day Moving Average: $30.89
52-Week Range: $27.00 - $34.00
Trailing P/E Ratio: 15.30
Foreward P/E Ratio: 13.10
P/E Growth: 2.80
Market Cap: $221.52M
Outstanding Shares: 6,873,000
Beta: 0.85

Profitability:

Net Margins: 20.25%
Return on Equity: 10.82%
Return on Assets: 0.83%

Debt:

Debt-to-Equity Ratio: 0.16%
Current Ratio: 0.84%
Quick Ratio: 0.84%

Additional Links:

Companies Related to Merchants Bancshares:

Consensus Ratings for Merchants Bancshares (NASDAQ:MBVT) (?)

Ratings Breakdown:	No ratings tracked in the last 12 months.
Consensus Rating:	N/A (Score: NaN)
Consensus Price Target:	N/A

Analysts' Ratings History for Merchants Bancshares (NASDAQ:MBVT)

Show:

Date	Firm	Action	Rating	Price Target
7/25/2016	FIG Partners	Downgrade	Outperform -> Market-Perform
9/15/2015	Piper Jaffray Cos.	Initiated Coverage	Neutral	$31.00
7/31/2015	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$31.00 -> $32.00

(Data available from 9/26/2014 forward)

Earnings History for Merchants Bancshares (NASDAQ:MBVT)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Release Link	Conference Call
10/24/2016
7/21/2016	Q216	$0.57	$0.63	$16.72 million	View	N/A
4/28/2016	Q116	$0.59	$0.55	$16.64 million	View	N/A
1/21/2016	Q415	$0.51	$0.61	$15.26 million	View	Listen
10/26/2015	Q315	$0.55	$0.61	$14.74 million	View	Listen
7/27/2015	Q215	$0.53	$0.49	$14.54 million	View	Listen
4/27/2015	Q115	$0.53	$0.53	$14.70 million	View	N/A
1/29/2015	Q414	$0.52	$0.39	$14.60 million	View	N/A
10/21/2014	Q3	$0.49	$0.44		View	N/A
7/22/2014		$0.53	$0.54		View	N/A
4/22/2014	Q1 14	$0.56	$0.54		View	N/A
1/28/2014	Q4	$0.58	$0.61		View	N/A
10/24/2013	Q313	$0.64	$0.58	$15.90 million	View	N/A
7/22/2013	Q2 2013	$0.59	$0.64		View	N/A
1/23/2013	Q412	$0.64	$0.61		View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Merchants Bancshares (NASDAQ:MBVT)

Current Year EPS Consensus Estimate: $2.34 EPS
Next Year EPS Consensus Estimate: $2.46 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q3 2016	1	$0.58	$0.58	$0.58
Q4 2016	1	$0.61	$0.61	$0.61
Q3 2017	1	$0.63	$0.63	$0.63
Q4 2017	1	$0.65	$0.65	$0.65

(Data provided by Zacks Investment Research)

Current Dividend Information for Merchants Bancshares (NASDAQ:MBVT)

Annual Dividend:	$1.12
Dividend Yield:	3.48%
Payout Ratio:	53.33% (Based on Trailing 12 Months of Earnings) 47.86% (Based on Current Year Consensus EPS Estimate) 45.53% (Based on Next Year Consensus EPS Estimate)

Dividend History for Merchants Bancshares (NASDAQ:MBVT)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/21/2016	Quarterly	$0.28		8/2/2016	8/4/2016	8/18/2016
4/29/2016	Quarterly	$0.28		5/10/2016	5/12/2016	5/26/2016
1/22/2016	Quarterly	$0.28		2/2/2016	2/4/2016	2/18/2016
10/27/2015	Quarterly	$0.28		11/5/2015	11/9/2015	11/23/2015
7/27/2015		$0.28		8/5/2015	8/7/2015	8/21/2015
4/28/2015	quarterly	$0.28	3.76%	5/7/2015	5/11/2015	5/25/2015
1/30/2015	quarterly	$0.28	4.18%	2/10/2015	2/12/2015	2/26/2015
10/16/2014	quarterly	$0.28	3.75%	10/28/2014	10/30/2014	11/13/2014
7/17/2014	quarterly	$0.28	3.76%	7/29/2014	7/31/2014	8/14/2014
4/17/2014	quarterly	$0.28	3.66%	4/29/2014	5/1/2014	5/15/2014
1/23/2014	quarterly	$0.28	3.4%	2/4/2014	2/6/2014	2/20/2014
10/17/2013	quarterly	$0.28	3.65%	10/29/2013	10/31/2013	11/14/2013
7/18/2013	quarterly	$0.28	3.41%	7/30/2013	8/1/2013	8/15/2013
4/18/2013	quarterly	$0.28	3.84%	4/30/2013	5/2/2013	5/16/2013
1/18/2013	quarterly	$0.28	3.97%	1/29/2013	1/31/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Merchants Bancshares (NASDAQ:MBVT)

Insider Ownership Percentage: 8.80%
Institutional Ownership Percentage: 36.85%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
1/26/2016	Scott F Boardman	Director	Buy	4,000	$28.47	$113,880.00
11/14/2014	Thomas J Meshako	CFO	Buy	1,000	$29.89	$29,890.00
8/20/2014	Janet P Spitler	CFO	Sell	4,203	$29.53	$124,114.59
2/10/2014	Scott F Boardman	Director	Buy	2,000	$29.72	$59,440.00
6/14/2013	Scott F Boardman	Director	Buy	2,000	$28.01	$56,020.00
4/29/2013	John A Kane	Director	Buy	1,200	$30.35	$36,420.00
11/8/2012	Scott F Boardman	Director	Buy	2,000	$28.05	$56,100.00

(Data available from 1/1/2013 forward)

Latest Headlines for Merchants Bancshares (NASDAQ:MBVT)

Date	Headline
	Merchants Bancshares : Incorporated Shorted Shares Increased 1.48% After Market Selling (NASDAQ:MBVT) www.4-traders.com - September 23 at 10:46 AM
	Merchants Bank Night at Vermont Lake Monsters (NASDAQ:MBVT) finance.yahoo.com - August 22 at 6:06 PM
	Merchants Bank Presents Festival of Fools in Burlington, Vermont (NASDAQ:MBVT) finance.yahoo.com - August 16 at 9:23 AM
	Merchants Bank Donates $8,000 to Dragonheart Vermont (NASDAQ:MBVT) finance.yahoo.com - August 15 at 6:16 PM
	Merchants Bank's Donation to Chittenden Emergency Food Shelf Provides 15,000 Meals! (NASDAQ:MBVT) finance.yahoo.com - August 8 at 6:17 PM
	Merchants Bancshares, Inc. :MBVT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NASDAQ:MBVT) www.capitalcube.com - August 5 at 6:17 PM
	Merchants Bancshares : Merchant Bancshares posts 2Q profit (NASDAQ:MBVT) www.4-traders.com - July 22 at 5:58 PM
	Edited Transcript of MBVT earnings conference call or presentation 22-Jul-16 2:00pm GMT (NASDAQ:MBVT) finance.yahoo.com - July 22 at 12:18 PM
	Merchant Bancshares posts 2Q profit (NASDAQ:MBVT) sg.finance.yahoo.com - July 21 at 4:44 PM
	Q2 2016 Merchants Bancshares Inc Earnings Release - After Market Close (NASDAQ:MBVT) biz.yahoo.com - July 21 at 7:07 AM
	Merchants Bancshares : Announces Second Quarter 2016 Earnings Release Date and Conference Call (NASDAQ:MBVT) www.4-traders.com - June 22 at 5:58 PM
	Merchants Bancshares, Inc. Announces Second Quarter 2016 Earnings Release Date and Conference Call (NASDAQ:MBVT) www.publicnow.com - June 22 at 4:29 PM
	Erika Baldasaro Promoted to Vice President Community Banking Division and Sales Manager at Merchants Bank (NASDAQ:MBVT) finance.yahoo.com - June 17 at 8:00 AM
	Merchants Bank Announces Two New Appointments to the Commercial Banking Team (NASDAQ:MBVT) finance.yahoo.com - June 15 at 8:00 AM
	ETF’s with exposure to Merchants Bancshares, Inc. : June 3, 2016 (NASDAQ:MBVT) www.capitalcube.com - June 3 at 3:29 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MBVT) biz.yahoo.com - May 27 at 4:02 PM
	Anita Bourgeois is promoted to SVP and Senior Director, Deposit Growth and Profitability at Merchants Bank (NASDAQ:MBVT) finance.yahoo.com - May 20 at 5:32 PM
	MERCHANTS BANCSHARES INC Files SEC form 10-Q, Quarterly Report (NASDAQ:MBVT) biz.yahoo.com - May 9 at 4:23 PM
	Merchants Bancshares, Inc. :MBVT-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:MBVT) www.capitalcube.com - May 5 at 1:35 PM
	Merchants Bank Supports Spectrum Youth and Family Services with $5,000 Donation (NASDAQ:MBVT) finance.yahoo.com - May 3 at 8:30 AM
	Edited Transcript of MBVT earnings conference call or presentation 29-Apr-16 2:00pm GMT (NASDAQ:MBVT) finance.yahoo.com - April 29 at 5:15 PM
	Merchant Bancshares posts 1Q profit (NASDAQ:MBVT) sg.finance.yahoo.com - April 28 at 4:45 PM
	Merchants Bancshares, Inc. Announces Dividend and First Quarter 2016 Results (NASDAQ:MBVT) www.publicnow.com - April 28 at 4:36 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial S (NASDAQ:MBVT) biz.yahoo.com - April 28 at 4:06 PM
	Q1 2016 Merchants Bancshares Inc Earnings Release - After Market Close (NASDAQ:MBVT) biz.yahoo.com - April 28 at 7:07 AM
	Merchants Bancshares, Inc. Announces First Quarter 2016 Earnings Release Date and Conference Call (NASDAQ:MBVT) www.publicnow.com - April 4 at 4:27 PM
	Merchants Bancsh. upgraded by FIG Partners (NASDAQ:MBVT) finance.yahoo.com - February 16 at 1:04 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:MBVT) biz.yahoo.com - February 8 at 4:13 PM
	Merchants Bancshares, Inc. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:MBVT) www.capitalcube.com - January 27 at 11:57 AM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibit (NASDAQ:MBVT) biz.yahoo.com - January 25 at 4:48 PM
	Edited Transcript of MBVT earnings conference call or presentation 22-Jan-16 2:00pm GMT (NASDAQ:MBVT) finance.yahoo.com - January 22 at 12:27 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NASDAQ:MBVT) biz.yahoo.com - January 21 at 4:22 PM
	Merchants Bancshares, Inc. Announces Dividend, Fourth Quarter and Year End 2015 Results (NASDAQ:MBVT) www.noodls.com - January 21 at 4:19 PM
	Merchant Bancshares posts 4Q profit (NASDAQ:MBVT) sg.finance.yahoo.com - January 21 at 4:17 PM
	Q4 2015 Merchants Bancshares Inc Earnings Release - After Market Close (NASDAQ:MBVT) biz.yahoo.com - January 21 at 7:07 AM
	Merchants Bancshares, Inc. Announces Fourth Quarter and Full Year 2015 Earnings Release Date and Conference Call (NASDAQ:MBVT) www.noodls.com - January 8 at 4:46 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:MBVT) biz.yahoo.com - January 8 at 4:02 PM
	MERCHANTS BANCSHARES INC Financials (NASDAQ:MBVT) finance.yahoo.com - December 8 at 1:17 PM
	Merchants Bancshares, Inc. Announces Completion of Merger with NUVO Bank & Trust Company (NASDAQ:MBVT) www.noodls.com - December 4 at 5:25 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K/A, Other Events (NASDAQ:MBVT) biz.yahoo.com - December 4 at 12:44 PM
	MERCHANTS BANCSHARES INC Files SEC form 8-K, Other Events (NASDAQ:MBVT) biz.yahoo.com - December 3 at 4:32 PM
	Merchants Bancshares, Inc. Announces Results of Elections Regarding NUVO Bank & Trust Company Merger Consideration (NASDAQ:MBVT) www.noodls.com - December 3 at 4:16 PM
	Is Merchants Bancshares,Inc. (MBVT) A Good Stock To Buy? (NASDAQ:MBVT) www.insidermonkey.com - November 30 at 3:12 PM
	Merchants Bancshares, Inc. Announces Appointment of President and CEO (NASDAQ:MBVT) www.noodls.com - November 24 at 4:17 PM