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Merchants Bancorp  (MBIN)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $40.8000 $0.24 0.592%
Day's High: $41.03 Week Perf: -3.98 %
Day's Low: $ 40.18 30 Day Perf: 3.71 %
Volume (M): 153 52 Wk High: $ 48.68
Volume (M$): $ 6,238 52 Wk Avg: $34.75
Open: $41.03 52 Wk Low: $22.71



 Market Capitalization (Millions $) 1,773
 Shares Outstanding (Millions) 43
 Employees 329
 Revenues (TTM) (Millions $) 578
 Net Income (TTM) (Millions $) 311
 Cash Flow (TTM) (Millions $) 139
 Capital Exp. (TTM) (Millions $) 9

Merchants Bancorp

Merchants Bancorp, an Indiana corporation formed in 2006, is a diversified bank holding company headquartered in Carmel, Indiana and registered under the Bank Holding Company Act of 1956, as amended. We currently operate in and service multiple lines of business, including multi-family housing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking.

We were founded in 1990 as a mortgage banking company, providing financing for multi-family housing and senior living properties. The shared vision of our founders, Michael Petrie and Randall Rogers, was to create a diversified financial services company, which efficiently operates both nationally through mortgage banking and related services and locally through a community bank. We have grown both organically and through acquisitions focused on expanding our services. We have strategically built our business in a way that we believe offers insulation from cyclical economic and credit swings and provides synergies across our lines of business.

Merchants Bank of Indiana, one of our wholly owned banking subsidiaries, operates under an Indiana charter and provides traditional community banking services, as well as retail and correspondent residential mortgage banking and agricultural lending. Merchants Bank has six depository branches located in Carmel, Indianapolis, Lynn, Spartanburg, and Richmond, Indiana. Farmers-Merchants Bank of Illinois (“FMBI”, formerly named Joy State Bank), another wholly-owned banking subsidiary, acquired on January 2, 2018, operates under an Illinois charter and provides traditional community banking services and agricultural lending. FMBI has five depository branches located in Joy, New Boston, Paxton, Melvin, and Piper City, Illinois.

Our business consists primarily of funding low risk loans that sell within 90 days of origination. The sale of loans and servicing fees generated primarily from the multi-family rental real estate loans servicing portfolio contribute to noninterest income. The funding source is primarily from mortgage custodial, municipal, retail, commercial, and brokered deposits. We believe that the combination of net interest income and noninterest income from the sale of low risk profile assets results in lower than industry charge offs and a lower expense base, which serves to maximize net income and shareholder return.



   Company Address: 410 Monon Blvd. Carmel 46032 IN
   Company Phone Number: 569-7420   Stock Exchange / Ticker: NASDAQ MBIN
   


Customers Net Income grew by MBIN's Customers Net Profit Margin grew to

76.24 %

15.09 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        0.24% 
BPOP   -1.83%    
CFG   -3.12%    
FCNCA        1.01% 
FITB   -1.35%    
NTRS   -1.36%    
• View Complete Report
   



Merchants Bancorp

Merchants Bancorp Shines Bright with Impressive First Quarter Financial Results Ending March 31, 2024

Merchants Bancorp has certainly impressed investors with their strong first quarter financial results in 2024. The company saw a substantial increase in revenue by nearly 51% to $163.20 million, while profits per share jumped by over 68% to $1.80. This growth is particularly notable considering the challenges faced by the Regional Banks sector, where many companies have experienced a decline in revenue.
It is clear that Merchants Bancorp is outperforming its industry peers, as most other companies in the Regional Banks sector have reported a decrease in revenue. In contrast to the previous quarter, where revenue increased by just over 7%, Merchants Bancorp's first quarter results show a significant improvement. Net income also saw a substantial increase, rising by over 58% to $87.054 million compared to the same period last year.

Merchants Bancorp

Merchants Bancorp (MBIN) Skyrockets with 135.96% Profit Growth in 2023!

Merchants Bancorp (MBIN) has continued its upward trajectory in the latest fiscal period, with earnings per share soaring by an impressive 135.96% to $1.58 per share compared to the previous year. This significant increase can be attributed to a remarkable growth in revenue, which jumped by 30.771% to $152.03 million.
The company's financial performance for the fourth quarter of 2023 has also been nothing short of stellar, with net earnings reaching $77.473 million, marking a 35.58% increase from the same period the year before. Merchants Bancorp has been able to further enhance its profit margins, with both net margin and operating margin showing improvement.

Merchants Bancorp

Merchants Bancorp Smashes Expectations with Extraordinary Q3 Performance

During the past 5 days, Merchants Bancorp stock has experienced a decline of -1.03%. This brings the year-to-date performance to 31.01%. Although the stock is currently 5.9% short of its 52-week high, the company has recently announced some astonishing numbers in its fiscal three months ending on September 30, 2023.
Merchants Bancorp, a regional bank company, reported a significant increase in revenue during this period. Revenue rose by 33.062% to $149.49 million, showcasing strong growth. Additionally, the profit per share soared by 37.7% to $1.68 per share, year on year. These impressive numbers buck the trend seen in the regional banks industry, where many of its peers have reported revenue reductions over the same period.

Merchants Bancorp

Merchants Bancorp Records Declining Revenue in Q1 2023, Despite Improved EPS and Profit Margins

In its first quarter of 2023, Merchants Bancorp achieved a return on average invested assets (ROI) of 2.72%, which is below its average ROI of 15.18%. While this may not be the news that shareholders were hoping for, the company managed to raise its earnings per share (EPS) and improve its profit margins.
Although the company experienced a decline in net income, it still managed to increase its EPS by 87.51% to $1.07 per share. This is an impressive feat, considering that revenue diminished by -2.118% to $108.09 million, year on year. From the preceding quarter, EPS soared from $0.67 per share, while revenue deteriorated by -7.026% from $116.26 million.






 

Merchants Bancorp's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Merchants Bancorp does not provide revenue guidance.

Earnings Outlook
Merchants Bancorp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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