(MBIN) Merchants Bancorp - Ratings and Ratios
Loans, Deposits, Mortgages
MBIN EPS (Earnings per Share)
MBIN Revenue
Description: MBIN Merchants Bancorp
Merchants Bancorp (NASDAQ:MBIN) is a US-based commercial bank operating in the mortgage finance sector. As a key player in this industry, the companys performance is closely tied to the overall health of the housing market and interest rates.
The banks financials are characterized by a relatively low Price-to-Earnings (P/E) ratio of 6.77, suggesting potential undervaluation. Return on Equity (RoE) stands at 11.87%, indicating a decent level of profitability. To further assess the banks performance, key metrics such as Net Interest Margin (NIM), Efficiency Ratio, and Loan-to-Deposit Ratio should be examined.
As a mortgage finance company, Merchants Bancorp is sensitive to changes in interest rates, housing prices, and consumer creditworthiness. Key economic drivers influencing the companys prospects include the overall direction of monetary policy, housing market trends, and the state of the US economy. A thorough analysis of these factors is crucial to understanding the banks potential for growth and profitability.
To evaluate the investment potential of MBIN, a comprehensive analysis of its financial statements, management team, and competitive positioning is necessary. Key Performance Indicators (KPIs) such as revenue growth, asset quality, and capital adequacy should be closely monitored to assess the banks ability to navigate the complexities of the mortgage finance market.
MBIN Stock Overview
| Market Cap in USD | 1,528m |
| Sub-Industry | Commercial & Residential Mortgage Finance |
| IPO / Inception | 2017-10-27 |
MBIN Stock Ratings
| Growth Rating | 13.9% |
| Fundamental | 39.5% |
| Dividend Rating | 65.2% |
| Return 12m vs S&P 500 | -38.1% |
| Analyst Rating | 3.67 of 5 |
MBIN Dividends
| Dividend Yield 12m | 1.10% |
| Yield on Cost 5y | 2.95% |
| Annual Growth 5y | 11.07% |
| Payout Consistency | 100.0% |
| Payout Ratio | 8.4% |
MBIN Growth Ratios
| Growth Correlation 3m | -5.9% |
| Growth Correlation 12m | -82.8% |
| Growth Correlation 5y | 77.3% |
| CAGR 5y | 20.34% |
| CAGR/Max DD 5y | 0.46 |
| Sharpe Ratio 12m | -0.93 |
| Alpha | -45.67 |
| Beta | 1.078 |
| Volatility | 35.65% |
| Current Volume | 148.9k |
| Average Volume 20d | 190.8k |
| Stop Loss | 31.2 (-3.8%) |
| Signal | -0.59 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (253.2m TTM) > 0 and > 6% of Revenue (6% = 80.9m TTM) |
| FCFTA -0.04 (>2.0%) and ΔFCFTA -6.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -33.64% (prev -954.6%; Δ 921.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.02 (>3.0%) and CFO -475.7m <= Net Income 253.2m (YES >=105%, WARN >=100%) |
| Net Debt (4.01b) to EBITDA (288.0m) ratio: 13.92 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.96 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (45.9m) change vs 12m ago 2.76% (target <= -2.0% for YES) |
| Gross Margin 57.36% (prev 43.93%; Δ 13.43pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 7.22% (prev 7.63%; Δ -0.41pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.39 (EBITDA TTM 288.0m / Interest Expense TTM 733.5m) >= 6 (WARN >= 3) |
Altman Z'' 0.29
| (A) -0.02 = (Total Current Assets 11.47b - Total Current Liabilities 11.92b) / Total Assets 19.14b |
| (B) 0.07 = Retained Earnings (Balance) 1.39b / Total Assets 19.14b |
| (C) 0.02 = EBIT TTM 285.7m / Avg Total Assets 18.68b |
| (D) 0.10 = Book Value of Equity 1.63b / Total Liabilities 16.96b |
| Total Rating: 0.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 39.51
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield -5.23% = -2.61 |
| 3. FCF Margin -63.29% = -7.50 |
| 4. Debt/Equity 7.21 = -2.50 |
| 5. Debt/Ebitda 54.70 = -2.50 |
| 6. ROIC - WACC 2.28% = 2.85 |
| 7. RoE 11.87% = 0.99 |
| 8. Rev. Trend 74.30% = 3.71 |
| 9. Rev. CAGR 25.76% = 2.50 |
| 10. EPS Trend -15.00% = -0.38 |
| 11. EPS CAGR -16.37% = -2.05 |
What is the price of MBIN shares?
Over the past week, the price has changed by -2.61%, over one month by +3.71%, over three months by -0.73% and over the past year by -27.63%.
Is Merchants Bancorp a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MBIN is around 33.58 USD . This means that MBIN is currently overvalued and has a potential downside of 3.58%.
Is MBIN a buy, sell or hold?
- Strong Buy: 0
- Buy: 2
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MBIN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38.3 | 18.2% |
| Analysts Target Price | 38.3 | 18.2% |
| ValueRay Target Price | 35.4 | 9.3% |
Last update: 2025-08-25 04:42
MBIN Fundamental Data Overview
CCE Cash And Equivalents = 951.8m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 7.3326
P/S = 2.5541
P/B = 0.9352
Beta = 1.303
Revenue TTM = 1.35b USD
EBIT TTM = 285.7m USD
EBITDA TTM = 288.0m USD
Long Term Debt = 3.83b USD (from longTermDebt, last quarter)
Short Term Debt = 11.92b USD (from totalCurrentLiabilities, last fiscal year)
Debt = 15.75b USD (Calculated: Short Term 11.92b + Long Term 3.83b)
Net Debt = 4.01b USD (from netDebt column, last quarter)
Enterprise Value = 16.33b USD (1.53b + Debt 15.75b - CCE 951.8m)
Interest Coverage Ratio = 0.39 (Ebit TTM 285.7m / Interest Expense TTM 733.5m)
FCF Yield = -5.23% (FCF TTM -853.7m / Enterprise Value 16.33b)
FCF Margin = -63.29% (FCF TTM -853.7m / Revenue TTM 1.35b)
Net Margin = 18.77% (Net Income TTM 253.2m / Revenue TTM 1.35b)
Gross Margin = 57.36% ((Revenue TTM 1.35b - Cost of Revenue TTM 575.2m) / Revenue TTM)
Tobins Q-Ratio = 10.00 (Enterprise Value 16.33b / Book Value Of Equity 1.63b)
Interest Expense / Debt = 1.12% (Interest Expense 175.7m / Debt 15.75b)
Taxrate = 24.19% (from yearly Income Tax Expense: 102.3m / 422.6m)
NOPAT = 216.6m (EBIT 285.7m * (1 - 24.19%))
Current Ratio = 0.96 (Total Current Assets 11.47b / Total Current Liabilities 11.92b)
Debt / Equity = 7.21 (Debt 15.75b / last Quarter total Stockholder Equity 2.18b)
Debt / EBITDA = 54.70 (Net Debt 4.01b / EBITDA 288.0m)
Debt / FCF = -18.45 (Debt 15.75b / FCF TTM -853.7m)
Total Stockholder Equity = 2.13b (last 4 quarters mean)
RoA = 1.32% (Net Income 253.2m, Total Assets 19.14b )
RoE = 11.87% (Net Income TTM 253.2m / Total Stockholder Equity 2.13b)
RoCE = 4.79% (Ebit 285.7m / (Equity 2.13b + L.T.Debt 3.83b))
RoIC = 3.93% (NOPAT 216.6m / Invested Capital 5.51b)
WACC = 1.65% (E(1.53b)/V(17.28b) * Re(9.99%)) + (D(15.75b)/V(17.28b) * Rd(1.12%) * (1-Tc(0.24)))
Shares Correlation 5-Years: 90.0 | Cagr: 1.43%
Discount Rate = 9.99% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -853.7m)
Revenue Correlation: 74.30 | Revenue CAGR: 25.76%
Rev Growth-of-Growth: -49.62
EPS Correlation: -15.00 | EPS CAGR: -16.37%
EPS Growth-of-Growth: -58.28
Additional Sources for MBIN Stock
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Fund Manager Positions: Dataroma | Stockcircle