Delving into NASDAQ:MBIN's Growth Prospects.

In this article we will dive into MERCHANTS BANCORP/IN (NASDAQ:MBIN) as a possible candidate for growth investing. Investors should always do their own research, but we noticed MERCHANTS BANCORP/IN showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• MERCHANTS BANCORP/IN has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 37.7% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 33.94%, MERCHANTS BANCORP/IN exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• MERCHANTS BANCORP/IN has achieved 41.43% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• MERCHANTS BANCORP/IN exhibits a strong Return on Equity (ROE) of 13.72%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• The Relative Strength (RS) of MERCHANTS BANCORP/IN has been consistently solid, with a current 95.36 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. MERCHANTS BANCORP/IN exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.05, MERCHANTS BANCORP/IN demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• The ownership composition of MERCHANTS BANCORP/IN reflects a balanced investor ecosystem, with institutional shareholders owning 24.88%. This indicates a broader market participation and potential for increased trading liquidity.

Zooming in on the technicals.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Overall MBIN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MBIN has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that MBIN is one of the better performing stocks in the market, outperforming 95% of all stocks.
• MBIN is one of the better performing stocks in the Financial Services industry, it outperforms 91% of 102 stocks in the same industry.
• A new 52 week high is currently being made by MBIN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
• In the last month MBIN has a been trading in the 33.05 - 43.49 range, which is quite wide. It is currently trading near the high of this range.

Check the latest full technical report of MBIN for a complete technical analysis.

A complete fundamental analysis of NASDAQ:MBIN

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Taking everything into account, MBIN scores 4 out of 10 in our fundamental rating. MBIN was compared to 102 industry peers in the Financial Services industry. MBIN may be in some trouble as it scores bad on both profitability and health. MBIN has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of MBIN

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.