Merchants Bancorp MBIN
- Market cap
- $2.2B
- PE
- 9.8×
- 8y median 6.7×
- Forward PE
- n/m
- not a meaningful number
- Revenue, 12 months
- $713.8M
- +7% on a year ago
- Net margin
- 37.6%
Merchants Bancorp trades at 9.8× trailing earnings, pricier than 84% of the last ten years. Revenue was $713.8M over the last twelve months, up 7% on a year earlier with a 38% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $153.5M+34% | $158.8M+34% | $167.9M+46% | $159.5M+18% | $149.6M−3% | $193.8M+22% | $145.9M−13% | $179.2M+12% | $171.1M+14% | $185.3M−4% | $175.2M+20% | $182.2M+2% | |
| Interest expense | $179.2M+268% | $187.4M+118% | $187.1M+69% | $200.2M+31% | $206.1M+15% | $186.7M−0% | $165M−12% | $175.7M−12% | $173.7M−16% | $169.4M−9% | $141.9M−14% | $157.5M−10% |
| Pre-tax income | $106.6M+38% | $99.5M+33% | $114.3M+56% | $99.1M+45% | $81.3M−24% | $127.9M+29% | $76.5M−33% | $48.8M−51% | $64.6M−21% | $73.9M−42% | $84.3M+10% | $99.8M+104% |
| $25.1M+33% | $22M+24% | $27.2M+48% | $22.7M+594% | $20.1M−20% | $32.2M+47% | $18.3M−33% | $10.9M−52% | $9.9M−51% | $6M−81% | $16.6M−9% | $21.5M+98% | |
| Net income | $81.5M+39% | $77.5M+36% | $87.1M+58% | $76.4M+17% | $61.3M−25% | $95.7M+24% | $58.2M−33% | $38M−50% | $54.7M−11% | $67.8M−29% | $67.7M+16% | $78.3M+106% |
| $1.68+38% | $1.58+41% | $1.80+68% | $1.49+14% | $1.17−30% | $1.85+17% | $0.93−48% | $0.60−60% | $0.97−17% | $1.28−31% | $1.25+34% | $1.48+147% | |
| 43.4M+0% | 43.4M+0% | 43.5M+0% | 44.7M+3% | 45.9M+6% | 45.9M+6% | 45.9M+6% | 45.9M+3% | 46M+0% | 46M+0% | 46M+0% | 46M+0% |
EPS, diluted: 3 periods, Q4 FY16 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 10 periods, Q4 FY16 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Banks - Regional nearest Merchants Bancorp's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MBINMerchants Bancorp | $2.2B | 9.8× | 6.7× | n/m | +7% | 37.6% | |
| EFSCEnterprise Financial Services | $2.2B | 12.2× | 11.8× | n/m | +14% | 24.8% | |
| OFGOFG Bancorp | $2.2B | 10.1× | 10.6× | n/m | +4% | 29.5% | |
| BANRBanner | $2.4B | 11.6× | 12.8× | n/m | n/m | n/m | |
| SRCE1ST Source | $2.1B | 12.0× | 11.7× | n/m | +10% | 38.5% | |
| HTHHilltop | $2.1B | 13.5× | 14.9× | n/m | +0% | 12.7% | |
| SYBTStock Yards Bancorp | $2.4B | 15.6× | 17.2× | n/m | +13% | 35.3% | |
| BUSEFirst Busey | $2.5B | 12.5× | 12.6× | n/m | +41% | 29.3% | |
| BBTBeacon Financial | $2.5B | 15.5× | 15.2× | n/m | n/m | n/m | |
| GABCGerman American Bancorp | $1.9B | 13.4× | 14.3× | n/m | +29% | 36.8% | |
| FBNCFirst Bancorp | $2.7B | 20.0× | 13.6× | n/m | +12% | 31.5% | |
| Peer median | $2.3B | 13.0× | 13.2× | n/a | +12% | 30.5% |
More on Merchants Bancorp
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About
- Industry
- Banks - Regional
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .