Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
MBIN
HOLDMerchants Bancorp · Financial Services · United States · $2.2B · Avg Vol: $9M/d
COMPANY DESCRIPTION
Merchants Bancorp is a diversified financial services company offering traditional banking, mortgage banking, and lease financing solutions primarily to businesses and individuals across the Midwest and nationally. The company's strategic focus on specialized lending segments, particularly multi-family housing and equipment leasing, provides differentiated revenue streams. Merchants Bancorp demonstrates strong organic growth and profitability through its niche market expertise and efficient operations.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 439.8M | 559.3M | 667.0M | 677.2M | 15.5% | 585.5M | 716.7M | 752.8M | 5.4% |
| EPS | 4.49 | 5.66 | 6.32 | 3.78 | -5.6% | 4.04 | 5.06 | 5.68 | 22.5% |
| Shares | 43.1M | 43.2M | 45.8M | 45.9M | +6.4% | 45.9M | — | — | — |
| Debt | 910.4M | 964.1M | 4.3B | 3.8B | 61.6% | 4.8B | — | — | — |
| Equity | 1.5B | 1.7B | 2.2B | 2.3B | 16.0% | — | — | — | — |
| Op CF | 975.8M | -356.4M | -835.3M | -341.2M | — | -1.1B | — | — | — |
| Inv CF | -2.9B | -3.3B | -874.3M | -195.7M | — | — | — | — | — |
| Fin CF | 1.1B | 4.0B | 1.6B | 272.5M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of MBIN are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MBIN | Merchants Bancorp(you) | $2.2B | 60 | HOLD |
| LOB | Live Oak Bancshares, Inc. | $1.9B | 58 | HOLD |
| WAFD | WaFd, Inc. | $2.7B | 61 | HOLD |
| CASH | Pathward Financial, Inc. | $1.8B | 61 | HOLD |
| HOPE | Hope Bancorp, Inc. | $1.7B | 59 | HOLD |
| CNOB | ConnectOne Bancorp, Inc. | $1.6B | 60 | HOLD |
| LKFN | Lakeland Financial Corporation | $1.5B | 60 | HOLD |
| TCBK | TriCo Bancshares | $1.9B | 66 | BUY |
| EFSC | Enterprise Financial Services Corp | $2.4B | 68 | BUY |
| TRMK | Trustmark Corporation | $2.7B | 65 | BUY |
Peer medians: ROE 9.4% · P/E 13.9x · Gross margin 100.0%