Merchants Bancorp

Merchants Bancorp

MBINO
Merchants BancorpUS flagNASDAQ Capital Market
25.00
USD
-0.01
- -
1.12BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
66
78
110
135
165
343
428
440
559
632
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
1
2
2
2
3
3
Net Income, GAAP
28
33
55
63
77
181
227
220
279
302
Effective Tax Rate (%)
39.84
39.54
29.13
25.17
24.29
25.82
25.52
24.53
19.74
23.34
Profit Margin (%)
42.79
42.35
49.63
46.6
46.91
52.71
53.1
49.96
49.92
47.81
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
32
32
32
162
175
1,236
874
910
964
3,569
Total Equity
148
206
367
421
654
811
1,155
1,460
1,701
1,939
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
20.49
20.87
16.85
16.6
31.99
29.62
21.95
22.49
20.5

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
- -
- -
LT Borrowings
1,786
1,159
3,569
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
500
449
449
Shares Outstanding
43
46
46
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,570
1,558
1,555
Accounts Receivable, Net
90
90
87
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.92%
16.53%
Free Cash Flow
- -
-592.97%
-137.64%
Net Income, GAAP
- -
41.22%
27.09%
Sales/Revenue/Turnover
- -
36.96%
27.18%
Total Cash Common Dividend
- -
14.99%
14.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
99
110
113
117
440
2023
114
135
152
158
559
2024
167
158
148
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Michael F. Petrie CMB
Full Time Employees
618
Sector
Financial Services
Industry
Banks - Regional
Address
410 Monon Boulevard Carmel IN United States of America 46032
IPO Date
Aug 19, 2019
Business
Merchants Bancorp (Nasdaq: MBIN) operates as a diversified bank holding company headquartered in Carmel, Indiana, and founded in 1990, primarily conducting business through subsidiaries including Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments LLC, Merchants Capital Servicing LLC, Merchants Asset Management LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. The company engages in multiple segments encompassing multi-family mortgage banking, which offers financing and servicing for multi-family housing and healthcare facilities as well as syndication of low-income housing tax credits and debt funds; mortgage warehousing, which provides mortgage warehouse financing, commercial loans, and deposit services; and banking, which includes retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking products and services such as checking and savings accounts, loans, and deposit operations. It serves customers across the United States with a focus on affordable housing developers, institutional investors, mortgage lenders, businesses, and retail clients, maintaining total assets of $18.8 billion and deposits of $12.4 billion as of March 31, 2025. Recent developments include Merchants Capital surpassing $1.08 billion in tax credit equity investments closed for 2024 across multi-investor funds, proprietary offerings, and state credit syndications, highlighted by the January 2025 closing of the $131.2 million Merchants Capital Tax Credit Equity Fund 21 LLC with eight bank investors and the September 2024 closing of the record $293 million Merchants Capital Tax Credit Equity Fund 19 L.P.; the announcement in November 2024 of the redemption of all outstanding 6.00% Fixed-to-Floating Rate Series B Preferred Stock (Nasdaq: MBINO) effective January 2, 2025, at $25.00 per share alongside declaration of dividends on newly issued Series E preferred stock; and reporting third quarter 2025 results with core deposits reaching $12.8 billion, reflecting a 36% year-over-year increase.