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.

Why NASDAQ:MBIN may be interesting for canslim investors.

• The earnings per share (EPS) of MERCHANTS BANCORP/IN have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 37.7% increase. This reflects the company's ability to improve its profitability over time.
• 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.
• Over the past 3 years, MERCHANTS BANCORP/IN has demonstrated 41.43% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• MERCHANTS BANCORP/IN has a healthy Return on Equity(ROE) of 13.72%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• The Relative Strength (RS) of MERCHANTS BANCORP/IN has been consistently solid, with a current 95.12 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.
• With a Debt-to-Equity ratio at 0.05, MERCHANTS BANCORP/IN showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• MERCHANTS BANCORP/IN exhibits a favorable ownership structure, with an institutional shareholder ownership of 24.98%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

In-Depth Technical Analysis of NASDAQ:MBIN

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, MBIN scores 6 out of 10 in our technical rating. In the last year, MBIN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• MBIN is part of the Financial Services industry. There are 101 other stocks in this industry. MBIN outperforms 95% of them.
• MBIN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MBIN is lagging the market slightly.
• Looking at the yearly performance, MBIN did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

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

What else is there to say on the fundamentals of NASDAQ:MBIN?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

MBIN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 101 industry peers in the Financial Services industry. MBIN may be in some trouble as it scores bad on both profitability and health. MBIN is not valued too expensively and it also shows a decent growth rate.

Our latest full fundamental report of MBIN contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

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.