Also trades as: MBIN (NASDAQ) · $vol 9M · MBINO (NASDAQ) · $vol 0M · MBINM (NASDAQ) · $vol 0M · MBINN (NASDAQ) · $vol 0M · MBINP (NASDAQ) · $vol 0M
MBINL NASDAQ
Merchants Bancorp
1W: -2.9%
1M: -2.2%
3M: -8.7%
YTD: -0.9%
1Y: -1.6%
$22.77
-0.21 (-0.92%)
Weekly Expected Move ±2.0%
$22
$23
$23
$24
$24
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾
Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
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Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Dividends
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Income Trends
Revenue
$1.4B
-5.7% ▼
4Y CAGR: +31.1%
Gross Profit
$564M
-12.3% ▼
4Y CAGR: +7.5%
Operating Income
$264M
-37.6% ▼
4Y CAGR: -3.6%
Net Income
$219M
-31.7% ▼
4Y CAGR: -0.9%
EPS (Diluted)
$3.78
+0.0% ▲
EBITDA
$267M
-37.2% ▼
4Y CAGR: -3.4%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $462M | $602M | $1.2B | $1.4B | $1.4B |
| YoY Growth | +0.0% | +30.4% | +97.5% | +21.7% | -5.7% |
| Cost of Revenue | $39M | $180M | $670M | $804M | $802M |
| Gross Profit | $423M | $422M | $519M | $643M | $564M |
| Gross Margin | 91.6% | 70.2% | 43.7% | 44.4% | 41.3% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $88M | $93M | $122M | $157M | $13M |
| Operating Expenses | $118M | $131M | $171M | $220M | $200M |
| Operating Income | $305M | $291M | $348M | $423M | $264M |
| Operating Margin | 66.1% | 48.4% | 29.3% | 29.2% | 19.3% |
| Interest Expense | $34M | $162M | $630M | $780M | $684M |
| Income Before Tax | $305M | $291M | $348M | $423M | $264M |
| Tax Expense | $78M | $71M | $69M | $102M | $45M |
| Net Income | $227M | $220M | $279M | $320M | $219M |
| Net Margin | 49.2% | 36.5% | 23.5% | 22.1% | 16.0% |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $3.78 |
| EBITDA | $307M | $294M | $351M | $426M | $267M |
| Shares Outstanding | 0 | 0 | 0 | 0 | 46M |