35.74 USD
+1.42 (+4.14%)
35.74 USD
0 (0%)
MBIN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 97 industry peers in the Financial Services industry. Both the profitability and financial health of MBIN have multiple concerns. MBIN is not valued too expensively and it also shows a decent growth rate. MBIN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year MBIN was profitable.
- In the past year MBIN had a positive cash flow from operations.
- Each year in the past 5 years MBIN has been profitable.
- In the past 5 years MBIN reported 4 times negative operating cash flow.
1.2 Ratios
- MBIN has a Return On Assets (1.03%) which is comparable to the rest of the industry.
- MBIN has a Return On Equity of 8.98%. This is comparable to the rest of the industry: MBIN outperforms 47.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROIC | N/A |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 28.95%, MBIN belongs to the best of the industry, outperforming 83.51% of the companies in the same industry.
- MBIN's Profit Margin has been stable in the last couple of years.
- MBIN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- MBIN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- MBIN has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MBIN has more shares outstanding
- The debt/assets ratio for MBIN has remained at the same level compared to a year ago.
2.2 Solvency
- MBIN has a debt to FCF ratio of 6.58. This is a slightly negative value and a sign of low solvency as MBIN would need 6.58 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 6.58, MBIN perfoms like the industry average, outperforming 57.73% of the companies in the same industry.
- MBIN has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
- MBIN's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. MBIN outperforms 77.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.41%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- MBIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.16%.
- Measured over the past years, MBIN shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.91% on average per year.
- The Revenue has grown by 8.52% in the past year. This is quite good.
- Measured over the past years, MBIN shows a very strong growth in Revenue. The Revenue has been growing by 31.68% on average per year.
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
3.2 Future
- The Earnings Per Share is expected to decrease by -4.17% on average over the next years.
- The Revenue is expected to grow by 6.41% on average over the next years.
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- MBIN is valuated reasonably with a Price/Earnings ratio of 8.01.
- Compared to the rest of the industry, the Price/Earnings ratio of MBIN indicates a somewhat cheap valuation: MBIN is cheaper than 78.35% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. MBIN is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 7.08, the valuation of MBIN can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MBIN indicates a rather cheap valuation: MBIN is cheaper than 80.41% of the companies listed in the same industry.
- MBIN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
- MBIN's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MBIN is more expensive than 63.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as MBIN's earnings are expected to decrease with -4.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
5. Dividend
5.1 Amount
- MBIN has a Yearly Dividend Yield of 8.10%, which is a nice return.
- MBIN's Dividend Yield is rather good when compared to the industry average which is at 2.24. MBIN pays more dividend than 90.72% of the companies in the same industry.
- MBIN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.1% |
5.2 History
- The dividend of MBIN is nicely growing with an annual growth rate of 13.84%!
- MBIN has been paying a dividend for over 5 years, so it has already some track record.
- As MBIN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)13.84%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
- MBIN pays out 29.82% of its income as dividend. This is a sustainable payout ratio.
DP29.82%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
35.74
+1.42 (+4.14%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)01-26 2026-01-26/amc
Inst Owners35.29%
Inst Owner Change-0.01%
Ins Owners40.12%
Ins Owner Change-0.6%
Market Cap1.64B
Revenue(TTM)689.93M
Net Income(TTM)199.75M
Analysts80
Price Target42.16 (17.96%)
Short Float %6.42%
Short Ratio10.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.1% |
Yearly Dividend1.15
Dividend Growth(5Y)13.84%
DP29.82%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.5%
Min EPS beat(2)-47.48%
Max EPS beat(2)20.48%
EPS beat(4)2
Avg EPS beat(4)-1.35%
Min EPS beat(4)-47.48%
Max EPS beat(4)40.24%
EPS beat(8)4
Avg EPS beat(8)0.66%
EPS beat(12)7
Avg EPS beat(12)2.53%
EPS beat(16)9
Avg EPS beat(16)3.68%
Revenue beat(2)1
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-6.84%
Max Revenue beat(2)2.33%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-15.12%
Max Revenue beat(4)19.63%
Revenue beat(8)4
Avg Revenue beat(8)0.46%
Revenue beat(12)7
Avg Revenue beat(12)1.66%
Revenue beat(16)9
Avg Revenue beat(16)2.78%
PT rev (1m)3.33%
PT rev (3m)7.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.08%
EPS NY rev (1m)0%
EPS NY rev (3m)5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 7.08 | ||
| P/S | 2.38 | ||
| P/FCF | 69.76 | ||
| P/OCF | 35.16 | ||
| P/B | 0.74 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.46
EY12.48%
EPS(NY)5.05
Fwd EY14.13%
FCF(TTM)0.51
FCFY1.43%
OCF(TTM)1.02
OCFY2.84%
SpS15.03
BVpS48.49
TBVpS43.68
PEG (NY)N/A
PEG (5Y)0.25
Graham Number69.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A | ||
| FCFM | 3.41% |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 754.94% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 11.77% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC19.41%
ROIC/WACCN/A
Cap/Depr(3y)409.66%
Cap/Depr(5y)317.29%
Cap/Sales(3y)2.02%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y101.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y102.42%
OCF growth 3YN/A
OCF growth 5YN/A
MERCHANTS BANCORP/IN / MBIN FAQ
What is the fundamental rating for MBIN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MBIN.
Can you provide the valuation status for MERCHANTS BANCORP/IN?
ChartMill assigns a valuation rating of 4 / 10 to MERCHANTS BANCORP/IN (MBIN). This can be considered as Fairly Valued.
How profitable is MERCHANTS BANCORP/IN (MBIN) stock?
MERCHANTS BANCORP/IN (MBIN) has a profitability rating of 3 / 10.
What is the expected EPS growth for MERCHANTS BANCORP/IN (MBIN) stock?
The Earnings per Share (EPS) of MERCHANTS BANCORP/IN (MBIN) is expected to decline by -44.43% in the next year.
Can you provide the dividend sustainability for MBIN stock?
The dividend rating of MERCHANTS BANCORP/IN (MBIN) is 8 / 10 and the dividend payout ratio is 29.82%.