Merchants Bancorp (MBIN, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Merchants Bancorp is a bank holding company. It operates multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and community banking. Merchants Bancorp has a market cap of $576.750 million; its shares were traded at around $20.10 with a P/E ratio of 9.67 and P/S ratio of 4.28. The dividend yield of Merchants Bancorp stocks is 1.25%.
For the last quarter Merchants Bancorp reported a revenue of $38.9 million, compared with the revenue of $33.86 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $139.6 million, an increase of 22.1% from last year.
The reported diluted earnings per share was $2.07 for the year, a decline of 9.2% from the previous year. The profitability rank of the company is 3 (out of 10).
At the end of the fiscal year, Merchants Bancorp has the cash and cash equivalents of $336.5 million, compared with $359.5 million in the previous year. The long term debt was $195.5 million, compared with $56.6 million in the previous year. Merchants Bancorp has a financial strength rank of 4 (out of 10).
At the current stock price of $20.10, Merchants Bancorp is traded at 13.5% discount to its historical median P/S valuation band of $23.23. The P/S ratio of the stock is 4.28, while the historical median P/S ratio is 4.96. The stock lost 7.91% during the past 12 months.
For the complete 20-year historical financial data of MBIN, click here.
