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Merchants Bancorp (MBIN) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $39.78 Metrics
OS: 43.2 M 13 % ROE
Market cap: $1.72 B

 
TTM Valuation
EPS $4.71 8.4 x P/E
BVPS $36.09 1.10 x P/B

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues427.2430.3339.8169.4139.6114.382.569.1
            Revenue growth-0.7%26.6%100.6%21.4%22.1%38.6%19.4% 
Cost of goods sold97.393.164.942.735.023.115.713.2
Gross profit329.9337.2274.8126.7104.591.266.855.9
            Gross margin77.2%78.4%80.9%74.8%74.9%79.8%81.0%80.9%
Research and development5.34.23.12.61.51.21.00.7
General and administrative9.15.43.72.32.61.51.30.7
EBITA287.1304.1240.490.975.072.852.546.1
            EBITA margin67.2%70.7%70.8%53.7%53.7%63.7%63.7%66.7%
Amortization of intangibles   0.20.20.1  
EBIT287.1304.1240.490.774.872.752.546.1
            EBIT margin67.2%70.7%70.8%53.5%53.6%63.6%63.7%66.7%
Pre-tax income291.1304.9243.4102.184.077.254.847.2
Income taxes71.477.862.824.821.222.521.718.8
            Tax rate24.5%25.5%25.8%24.3%25.2%29.1%39.5%39.8%
Net income193.7206.2166.168.159.551.431.128.4
            Net margin45.4%47.9%48.9%40.2%42.7%44.9%37.7%41.1%
 
Diluted EPS$4.47$4.76$3.85$1.58$2.07$2.28$1.47$1.35
Shares outstanding (diluted)43.343.343.243.128.722.621.121.1
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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