Merchants Bancorp MBINM

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Price alert · MBINM

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25.19 USD -0.07 -0.29%

At close · Oct 30

25.12 -0.07 -0.28%

After hours · Oct 30, 4:00 PM ET

Bid
25.20 × 1
Ask
25.27 × 1
25.12 Day range 25.33
24.09 52-week range 25.86
YTD
-0.75%
1 year
+2.94%
Open
25.24
Prev close
25.26
Mkt cap
2.39B
Vol
15.30K
Avg vol
7.27K
EPS
0.00
P/E
0.00
Div yield
8.16%
More statistics
Low
25.12
High
25.33
Forward P/E
0.00
Beta
1.21
Short ratio
0.99
Inst. own
13.09%
Dividend
2.06
Ex-div date
Sep 14, 2026
Earnings
Feb 1, 2027
50-d avg
25.37
200-d avg
25.40
1y target
0.00

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Financial health

Altman Z-Score

1.04 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

4 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B+3 / 5 overall

  • DCF 1
  • Return on Equity 4
  • Return on Assets 4
  • Debt / Equity 1
  • P/E 4
  • P/B 5

Valuation

P/E 9.0×
FY 2016: 11.4×FY 2017: 8.6×FY 2018: 9.6×FY 2019: 8.3×FY 2020: 4.8×FY 2021: 6.6×FY 2022: 5.4×FY 2023: 7.5×FY 2024: 5.8×FY 2025: 9.0×
FY 2016 5y median 6.6× FY 2025
P/S 1.1×
FY 2016: 3.6×FY 2017: 3.2×FY 2018: 3.1×FY 2019: 2.2×FY 2020: 2.0×FY 2021: 3.0×FY 2022: 1.7×FY 2023: 1.5×FY 2024: 1.1×FY 2025: 1.1×
FY 2016 5y median 1.5× FY 2025
P/B 0.7×
FY 2016: 1.7×FY 2017: 1.2×FY 2018: 1.4×FY 2019: 0.9×FY 2020: 1.0×FY 2021: 1.2×FY 2022: 0.7×FY 2023: 1.1×FY 2024: 0.7×FY 2025: 0.7×
FY 2016 5y median 0.7× FY 2025
P/FCF -9.2×
FY 2016: -2.3×FY 2017: -2.5×FY 2018: 3.0×FY 2019: -0.4×FY 2020: -0.9×FY 2021: -25.8×FY 2022: 1.1×FY 2023: -5.1×FY 2024: -1.9×FY 2025: -9.2×
FY 2016 5y median -5.1× FY 2025
EV/EBITDA 20.2×
FY 2016: -0.6×FY 2017: 1.8×FY 2018: 5.1×FY 2019: 2.3×FY 2020: 7.5×FY 2021: 4.9×FY 2022: 6.0×FY 2023: 6.3×FY 2024: 12.9×FY 2025: 20.2×
FY 2016 5y median 6.3× FY 2025
EV/Sales 3.9×
FY 2016: -0.3×FY 2017: 1.0×FY 2018: 2.3×FY 2019: 0.9×FY 2020: 4.6×FY 2021: 3.3×FY 2022: 2.9×FY 2023: 1.9×FY 2024: 3.8×FY 2025: 3.9×
FY 2016 5y median 3.3× FY 2025
FCF Yield -10.9%
FY 2016: -42.9%FY 2017: -40.1%FY 2018: 33.0%FY 2019: -224.6%FY 2020: -110.6%FY 2021: -3.9%FY 2022: 92.1%FY 2023: -19.8%FY 2024: -52.2%FY 2025: -10.9%
FY 2016 5y median -10.9% FY 2025

Profitability

Gross Margin 41.3%
FY 2016: 79.5%FY 2017: 78.1%FY 2018: 70.2%FY 2019: 63.2%FY 2020: 82.4%FY 2021: 91.6%FY 2022: 70.2%FY 2023: 43.7%FY 2024: 44.4%FY 2025: 41.3%
FY 2016 5y median 44.4% FY 2025
Operating Margin 19.3%
FY 2016: 56.4%FY 2017: 55.9%FY 2018: 45.3%FY 2019: 40.1%FY 2020: 60.7%FY 2021: 66.1%FY 2022: 48.4%FY 2023: 29.3%FY 2024: 29.2%FY 2025: 19.3%
FY 2016 5y median 29.3% FY 2025
Net Margin 16.0%
FY 2016: 34.1%FY 2017: 39.6%FY 2018: 33.9%FY 2019: 30.4%FY 2020: 45.0%FY 2021: 49.2%FY 2022: 36.5%FY 2023: 23.5%FY 2024: 22.1%FY 2025: 16.0%
FY 2016 5y median 23.5% FY 2025
ROE 9.6%
FY 2016: 16.1%FY 2017: 14.9%FY 2018: 14.9%FY 2019: 11.8%FY 2020: 22.3%FY 2021: 19.7%FY 2022: 15.1%FY 2023: 16.4%FY 2024: 14.3%FY 2025: 9.6%
FY 2016 5y median 15.1% FY 2025
ROIC 1.8%
FY 2016: 11.5%FY 2017: 12.2%FY 2018: 9.6%FY 2019: 8.7%FY 2020: 8.1%FY 2021: 9.9%FY 2022: 8.6%FY 2023: 9.7%FY 2024: 4.7%FY 2025: 1.8%
FY 2016 5y median 8.6% FY 2025
ROA 1.1%
FY 2016: 1.2%FY 2017: 1.6%FY 2018: 1.6%FY 2019: 1.2%FY 2020: 1.9%FY 2021: 2.0%FY 2022: 1.7%FY 2023: 1.6%FY 2024: 1.7%FY 2025: 1.1%
FY 2016 5y median 1.7% FY 2025

Growth (YoY)

Revenue -5.7%
FY 2016: 20.6%FY 2017: 42.0%FY 2018: 34.5%FY 2019: 37.2%FY 2020: 57.6%FY 2021: 15.1%FY 2022: 30.4%FY 2023: 97.5%FY 2024: 21.7%FY 2025: -5.7%
FY 2016 FY 2025
Operating Income -37.6%
FY 2016: 16.1%FY 2017: 40.8%FY 2018: 8.9%FY 2019: 21.5%FY 2020: 138.3%FY 2021: 25.3%FY 2022: -4.5%FY 2023: 19.5%FY 2024: 21.5%FY 2025: -37.6%
FY 2016 FY 2025
EPS (diluted) -40.0%
FY 2016: 8.9%FY 2017: 55.1%FY 2018: -9.2%FY 2019: 14.5%FY 2020: 143.7%FY 2021: 23.6%FY 2022: -6.1%FY 2023: 26.2%FY 2024: 11.7%FY 2025: -40.0%
FY 2016 FY 2025
Free Cash Flow 80.1%
FY 2016: -230.3%FY 2017: -16.8%FY 2018: 206.2%FY 2019: -773.1%FY 2020: 30.9%FY 2021: 94.0%FY 2022: 1929.2%FY 2023: -137.6%FY 2024: -134.6%FY 2025: 80.1%
FY 2016 FY 2025

Financial Health

Current Ratio 3.2×
FY 2016: 0.3×FY 2017: 0.3×FY 2018: 0.2×FY 2019: 0.1×FY 2020: 0.1×FY 2021: 0.1×FY 2022: 0.1×FY 2023: 0.1×FY 2024: 0.1×FY 2025: 3.2×
FY 2016 5y median 0.1× FY 2025
Quick Ratio 3.2×
FY 2016: 0.3×FY 2017: 0.3×FY 2018: 0.2×FY 2019: 0.1×FY 2020: 0.1×FY 2021: 0.1×FY 2022: 0.1×FY 2023: 0.1×FY 2024: 0.1×FY 2025: 3.2×
FY 2016 5y median 0.1× FY 2025
Debt / Equity 1.7×
FY 2016: 0.3×FY 2017: 0.2×FY 2018: 0.5×FY 2019: 0.3×FY 2020: 1.5×FY 2021: 1.0×FY 2022: 0.6×FY 2023: 0.6×FY 2024: 1.9×FY 2025: 1.7×
FY 2016 5y median 1.0× FY 2025
Net Debt / EBITDA 14.3×
FY 2016: -7.1×FY 2017: -3.9×FY 2018: -1.7×FY 2019: -3.2×FY 2020: 4.3×FY 2021: 0.5×FY 2022: 2.4×FY 2023: 1.1×FY 2024: 9.1×FY 2025: 14.3×
FY 2016 5y median 2.4× FY 2025
Interest Coverage 0.4×
FY 2016: 2.9×FY 2017: 2.8×FY 2018: 1.7×FY 2019: 1.1×FY 2020: 4.1×FY 2021: 9.0×FY 2022: 1.8×FY 2023: 0.6×FY 2024: 0.5×FY 2025: 0.4×
FY 2016 5y median 0.6× FY 2025

Dividends

Dividend Yield 3.8%
FY 2016: 1.8%FY 2017: 1.8%FY 2018: 1.8%FY 2019: 3.0%FY 2020: 3.0%FY 2021: 2.3%FY 2022: 3.6%FY 2023: 2.6%FY 2024: 3.1%FY 2025: 3.8%
FY 2016 5y median 3.1% FY 2025
Payout Ratio 27.2%
FY 2016: 18.8%FY 2017: 14.5%FY 2018: 16.2%FY 2019: 22.3%FY 2020: 13.1%FY 2021: 13.8%FY 2022: 17.3%FY 2023: 17.4%FY 2024: 16.0%FY 2025: 27.2%
FY 2016 5y median 17.3% FY 2025

Annual · latest fiscal year ends 2025-12-31