MBIN RSI Chart
Last 7 days
-3.1%
Last 30 days
-5.0%
Last 90 days
-7.2%
Trailing 12 Months
54.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 616.1M | 784.9M | 947.5M | 1.1B |
2022 | 308.3M | 325.2M | 382.0M | 480.8M |
2021 | 301.9M | 306.2M | 307.2M | 311.9M |
2020 | 232.7M | 252.2M | 268.7M | 282.8M |
2019 | 151.2M | 165.8M | 188.0M | 212.0M |
2018 | 104.4M | 116.1M | 127.6M | 140.6M |
2017 | 76.5M | 82.0M | 88.2M | 94.4M |
2016 | 60.5M | 64.6M | 68.8M | 72.9M |
2015 | 0 | 0 | 0 | 56.3M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 11, 2024 | petrie michael f. | gifted | - | - | -2,200 | chairman and ceo |
Feb 14, 2024 | catchings tamika | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | gilroy sue anne | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | sellers anne e. | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | dinwiddie thomas | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | o'brien patrick d. | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | juster andrew | acquired | 17,515 | 38.75 | 452 | - |
Feb 14, 2024 | shane david n. | acquired | 17,515 | 38.75 | 452 | - |
Feb 02, 2024 | petrie michael f. | gifted | - | - | -12,800 | chairman and ceo |
Feb 02, 2024 | petrie michael f. | gifted | - | - | -2,151 | chairman and ceo |
Which funds bought or sold MBIN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 15, 2024 | THOMPSON INVESTMENT MANAGEMENT, INC. | new | - | 43,092 | 43,092 | 0.01% |
Apr 15, 2024 | Twelve Points Wealth Management LLC | reduced | -0.26 | 15,473 | 1,366,680 | 0.50% |
Apr 12, 2024 | HARBOR INVESTMENT ADVISORY, LLC | new | - | 2,461 | 2,461 | -% |
Apr 10, 2024 | ATWOOD & PALMER INC | unchanged | - | 1.00 | 44.00 | -% |
Apr 05, 2024 | GAMMA Investing LLC | reduced | -4.48 | -334 | 5,527 | -% |
Apr 05, 2024 | CWM, LLC | new | - | 1,000 | 1,000 | -% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | reduced | -48.97 | -1,273,660 | 1,365,870 | -% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | unchanged | - | 327,365 | 938,037 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.82 | 15,165,600 | 41,338,400 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 131 | 11,539,200 | 16,042,700 | -% |
Unveiling Merchants Bancorp-IN's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Merchants Bancorp-IN)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 518.6B | 171.1B | 10.47 | 3.03 | ||||
BAC | 277.4B | 130.3B | 10.46 | 2.13 | ||||
WFC | 204.6B | 85.7B | 10.69 | 2.39 | ||||
C | 111.2B | 133.3B | 12.05 | 0.83 | ||||
CFG | 15.1B | 10.2B | 9.42 | 1.48 | ||||
KEY | 13.5B | 7.9B | 13.94 | 1.7 | ||||
MID-CAP | ||||||||
CMA | 6.6B | 4.2B | 7.49 | 1.58 | ||||
ZION | 5.8B | 3.9B | 8.57 | 1.48 | ||||
ABCB | 3.1B | 1.3B | 11.42 | 2.4 | ||||
ASB | 3.0B | 2.0B | 16.48 | 1.54 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 393.2M | 164.9M | 33.62 | 2.38 | ||||
AROW | 359.4M | 162.6M | 11.95 | 2.21 | ||||
ACNB | 267.1M | 96.6M | 8.43 | 2.76 | ||||
ASRV | 44.1M | 60.9M | -13.17 | 0.72 |
Merchants Bancorp-IN News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 5.1% | 311,759 | 296,676 | 258,069 | 211,294 | 181,439 | 134,112 | 89,270 | 76,012 | 82,585 | 77,314 | 72,438 | 79,549 | 77,911 | 76,258 | 68,204 | 60,417 | 63,799 | 59,761 | 48,761 | 39,674 | 39,825 |
EBITDA Margin | -9.2% | 0.71* | 0.79* | 0.87* | 1.06* | 1.27* | 1.54* | 1.76* | 1.82* | 1.88* | 1.92* | 1.90* | 1.84* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 5.9% | 124,325 | 117,436 | 105,617 | 100,693 | 95,410 | 85,385 | 72,031 | 65,725 | 72,743 | 68,881 | 64,407 | 71,963 | 69,237 | 65,322 | 51,234 | 38,353 | 37,621 | 32,624 | 27,922 | 24,131 | 24,175 |
Income Taxes | -12.3% | 21,980 | 25,056 | 3,274 | 18,363 | 17,720 | 18,907 | 18,098 | 16,696 | 17,582 | 20,098 | 17,977 | 22,169 | 20,598 | 19,612 | 14,233 | 8,381 | 9,434 | 6,502 | 5,328 | 3,541 | 5,699 |
Earnings Before Taxes | -6.7% | 99,453 | 106,560 | 68,576 | 73,318 | 74,876 | 77,395 | 72,033 | 66,838 | 72,783 | 78,601 | 69,394 | 84,152 | 80,384 | 74,614 | 55,395 | 32,964 | 39,495 | 26,761 | 21,767 | 14,111 | 21,121 |
EBT Margin | -5.4% | 0.32* | 0.34* | 0.37* | 0.48* | 0.61* | 0.76* | 0.89* | 0.93* | 0.98* | 1.02* | 1.01* | 0.98* | - | - | - | - | - | - | - | - | - |
Net Income | -4.9% | 77,473 | 81,504 | 65,302 | 54,955 | 57,156 | 58,488 | 53,935 | 50,142 | 55,201 | 58,503 | 51,417 | 61,983 | 59,786 | 55,002 | 41,162 | 24,583 | 30,061 | 20,259 | 16,439 | 10,570 | 15,422 |
Net Income Margin | -5.2% | 0.26* | 0.27* | 0.30* | 0.36* | 0.46* | 0.57* | 0.67* | 0.70* | 0.73* | 0.75* | 0.75* | 0.72* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 234.5% | 710,303 | -528,270 | -243,389 | -302,574 | -858,725 | 958,076 | -422,029 | 1,291,691 | 338,255 | -659,045 | -25,860 | 293,789 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.8% | 16,953 | 16,495 | 15,875 | 14,241 | 12,615 | 11,979 | 11,086 | 9,651 | 11,279 | 10,952 | 9,882 | 9,705 | 9,645 | 9,530 | 9,439 | 7,908 | 6,372 | 6,337 | 5,287 | 3,977 | 3,884 |
Cash Equivalents | 43.5% | 584 | 407 | 377 | 370 | 226 | 324 | 258 | 412 | 1,033 | 803 | 402 | 269 | 180 | 429 | 403 | 568 | 507 | 365 | 461 | 313 | 337 |
Net PPE | 15.3% | 42.00 | 37.00 | 37.00 | 36.00 | 35.00 | 35.00 | 35.00 | 35.00 | 31.00 | 31.00 | 31.00 | 31.00 | 30.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 27.00 | 21.00 | 15.00 |
Goodwill | 0% | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 17.00 | 17.00 |
Liabilities | 2.6% | 15,251 | 14,863 | 14,315 | 12,735 | 11,155 | 10,566 | 9,858 | 8,462 | 10,123 | 9,842 | 8,822 | 8,694 | 8,835 | 8,773 | 8,731 | 7,235 | 5,718 | 5,708 | 4,772 | 3,499 | 3,463 |
Long Term Debt | - | - | - | - | - | - | 97.00 | 1,441 | - | 1,034 | 809 | 701 | 545 | 1,348 | 1,618 | 1,761 | 445 | 181 | 160 | 62.00 | 338 | 195 |
Shareholder's Equity | 4.2% | 1,701 | 1,633 | 139 | 138 | 1,460 | 1,413 | 738 | 695 | 1,155 | 1,110 | 560 | 0.00 | 0.00 | 757 | 359 | 324 | 305 | 629 | 515 | 478 | 245 |
Retained Earnings | 6.5% | 1,064 | 998 | 929 | 876 | 833 | 788 | 738 | 695 | 657 | 610 | 560 | 517 | 462 | 408 | 359 | 324 | 305 | 281 | 265 | 253 | 245 |
Shares Outstanding | 0.0% | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 656 | - | - | - | 577 | - | - | - | 669 | - | - | - | 301 | - | - | - | 277 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 235.4% | 714,372,000 | -527,754,000 | -241,487,000 | -301,533,000 | -858,142,000 | 959,141,000 | -420,855,000 | 1,295,630,000 | 338,619,000 | -658,450,000 | -25,178,000 | 295,793,000 | 333,338,000 | 762,704,000 | -1,099,315,000 | -871,615,000 | 406,828,000 | -680,938,000 | -985,632,000 | 2,739,000 | 99,557,000 |
Cashflow From Investing | -6031.3% | -889,036,000 | -14,500,000 | -1,236,369,000 | -1,120,176,000 | 187,093,000 | -1,698,066,000 | -1,104,729,000 | -247,149,000 | -360,375,000 | 51,793,000 | 29,034,000 | -194,714,000 | -637,866,000 | -763,878,000 | -562,132,000 | -568,352,000 | -258,795,000 | -445,628,000 | -149,701,000 | -103,551,000 | -131,734,000 |
Cashflow From Financing | -38.5% | 351,848,000 | 572,182,000 | 1,485,580,000 | 1,565,131,000 | 573,252,000 | 804,740,000 | 1,372,209,000 | -1,669,574,000 | 251,794,000 | 1,007,184,000 | 128,754,000 | -11,368,000 | 55,054,000 | 27,189,000 | 1,496,552,000 | 1,501,340,000 | -6,300,000 | 1,030,653,000 | 1,282,771,000 | 77,739,000 | -42,055,000 |
Dividend Payments | 0.0% | 12,126,000 | 12,127,000 | 12,127,000 | 12,126,000 | 11,815,000 | 8,747,000 | 8,748,000 | 8,757,000 | 8,319,000 | 8,319,000 | 8,389,000 | 6,208,000 | 5,919,000 | 5,918,000 | 5,918,000 | 5,916,000 | 5,628,000 | 8,784,000 | - | 2,842,000 | 2,554,000 |
Buy Backs | - | - | - | - | - | 333 | - | 2,174,000 | - | - | - | - | - | - | - | - | - | - | 21,850,000 | - | - | - |
Consolidated Statements of Income - USD ($) | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest Income | |||
Loans | $ 959,714,000 | $ 451,973,000 | $ 293,830,000 |
Mortgage loans in process of securitization | 12,652,000 | 8,407,000 | 12,746,000 |
Investment securities: | |||
Available for sale - taxable | 21,621,000 | 2,807,000 | 3,309,000 |
Available for sale - tax exempt | 41,000 | ||
Held to maturity | 69,983,000 | 12,382,000 | |
Federal Home Loan Bank stock | 2,205,000 | 1,220,000 | 1,143,000 |
Other | 11,623,000 | 4,044,000 | 817,000 |
Total interest income | 1,077,798,000 | 480,833,000 | 311,886,000 |
Interest Expense | |||
Deposits | 577,210,000 | 149,645,000 | 28,256,000 |
Borrowed funds | 52,517,000 | 12,637,000 | 5,636,000 |
Total interest expense | 629,727,000 | 162,282,000 | 33,892,000 |
Net Interest Income | 448,071,000 | 318,551,000 | 277,994,000 |
Provision for credit losses | 40,231,000 | 17,295,000 | 5,012,000 |
Net Interest Income After Provision for Credit Losses | 407,840,000 | 301,256,000 | 272,982,000 |
Noninterest Income | |||
Gain on sale of loans | 48,183,000 | 64,150,000 | 111,185,000 |
Loan servicing fees, net | 26,198,000 | 30,198,000 | 16,373,000 |
Mortgage warehouse fees | 7,701,000 | 5,394,000 | 12,396,000 |
Gains on sale of investments available for sale (includes $0, $0 and $191, respectively, related to accumulated other comprehensive earnings reclassifications) | 191,000 | ||
Syndication and asset management fees | 12,355,000 | 9,493,000 | 6,507,000 |
Other income | 20,231,000 | 16,701,000 | 10,681,000 |
Total noninterest income | 114,668,000 | 125,936,000 | 157,333,000 |
Noninterest Expense | |||
Salaries and employee benefits | 108,181,000 | 89,085,000 | 85,727,000 |
Loan expenses | 3,409,000 | 4,703,000 | 7,657,000 |
Occupancy and equipment | 9,220,000 | 8,169,000 | 7,365,000 |
Professional fees | 12,704,000 | 9,065,000 | 5,427,000 |
Deposit insurance expense | 13,582,000 | 3,463,000 | 2,691,000 |
Technology expense | 6,515,000 | 5,282,000 | 4,200,000 |
Other expense | 20,990,000 | 16,283,000 | 12,318,000 |
Total noninterest expense | 174,601,000 | 136,050,000 | 125,385,000 |
Income Before Income Taxes | 347,907,000 | 291,142,000 | 304,930,000 |
Provision for income taxes (includes $0, $0 and $46, respectively, related to income tax expense for reclassification items) | 68,673,000 | 71,421,000 | 77,826,000 |
Net Income | 279,234,000 | 219,721,000 | 227,104,000 |
Dividends on preferred stock | (34,670,000) | (25,983,000) | (20,873,000) |
Net Income Allocated to Common Shareholders | $ 244,564,000 | $ 193,738,000 | $ 206,231,000 |
Basic Earnings Per Share (in dollars per share) | $ 5.66 | $ 4.49 | $ 4.78 |
Diluted Earnings Per Share (in dollars per share) | $ 5.64 | $ 4.47 | $ 4.76 |
Weighted-Average Shares Outstanding | |||
Basic (in shares) | 43,224,042 | 43,164,477 | 43,172,078 |
Diluted (in shares) | 43,345,799 | 43,316,904 | 43,325,303 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 15,592 | $ 22,170 |
Interest-earning demand accounts | 568,830 | 203,994 |
Cash and cash equivalents | 584,422 | 226,164 |
Securities purchased under agreements to resell | 3,349 | 3,464 |
Mortgage loans in process of securitization | 110,599 | 154,194 |
Securities available for sale | 1,113,687 | 323,337 |
Securities held to maturity ($1,203,535 and $1,118,966 at fair value, respectively) | 1,204,217 | 1,119,078 |
Federal Home Loan Bank (FHLB) stock | 48,578 | 39,130 |
Loans held for sale (includes $86,663 and $82,192 at fair value, respectively) | 3,144,756 | 2,910,576 |
Loans receivable, net of allowance for credit losses on loans of $71,752 and $44,014, respectively | 10,127,801 | 7,426,858 |
Premises and equipment, net | 42,342 | 35,438 |
Servicing rights | 158,457 | 146,248 |
Interest receivable | 91,346 | 56,262 |
Goodwill | 15,845 | 15,845 |
Intangible assets, net | 742 | 1,186 |
Other assets and receivables | 306,375 | 157,447 |
Total assets | 16,952,516 | 12,615,227 |
Deposits | ||
Noninterest-bearing | 520,070 | 326,875 |
Interest-bearing | 13,541,390 | 9,744,470 |
Total deposits | 14,061,460 | 10,071,345 |
Borrowings | 964,127 | 930,392 |
Deferred tax liabilities | 19,923 | 19,613 |
Other liabilities | 205,922 | 134,138 |
Total liabilities | 15,251,432 | 11,155,488 |
Commitments and Contingencies | ||
Shareholders' Equity | ||
Common stock, without par value Authorized - 75,000,000 shares Issued and outstanding - 43,242,928 shares at December 31, 2023 and 43,113,127 shares at December 31, 2022 | 140,365 | 137,781 |
Preferred stock | ||
Retained earnings | 1,063,599 | 832,871 |
Accumulated other comprehensive loss | (2,488) | (10,521) |
Total shareholders' equity | 1,701,084 | 1,459,739 |
Total liabilities and shareholders' equity | 16,952,516 | 12,615,227 |
7% Series A Preferred Stock | ||
Shareholders' Equity | ||
Preferred stock | 50,221 | 50,221 |
6% Series B Preferred Stock | ||
Shareholders' Equity | ||
Preferred stock | 120,844 | 120,844 |
6% Series C Preferred Stock | ||
Shareholders' Equity | ||
Preferred stock | 191,084 | 191,084 |
8.25% Series D Preferred Stock | ||
Shareholders' Equity | ||
Preferred stock | $ 137,459 | $ 137,459 |