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Merchants Bancorp MBIN

Rank #267 · Nasdaq · $2.4B market cap
Audited by Forvis Mazars, LLP, no going-concern flag in the latest filing.
Score
70.9
P/E
8.6
P/B
1.41
ROE
16.4%
Op. Margin
–%
Debt Ratio
974%

Health Check — percentile rank within this universe, based on the latest annual filing

Valuation ★★★★☆
Excellent

P/E 8.6x, P/B 1.41x. Ranks in the top 14% of the universe.

Profitability ★★★★☆
Good

ROE 16.4%. Ranks in the top 29% of the universe.

Safety ★☆☆☆☆
Poor

Debt ratio 974%. Ranks in the top 90% of the universe. Above 200% signals meaningful leverage risk.

Growth –
No data

Not enough historical filings to compute year-over-year growth yet.

Valuation is the relative strength · Safety is the relative weakness (relative to this universe).

Financials annual, from SEC 10-K filings

FYRevenueOp. IncomeNet IncomeEquityOp. Margin%Debt%
2017––$0.0B$0.1B–2281
2018––$0.0B$0.1B–2042
2019––$0.1B$0.2B–1679
2020––$0.1B$0.4B–1556
2021––$0.1B$0.7B–1351
2022––$0.2B$0.8B–1249
2023––$0.2B$1.2B–966
2024––$0.2B$1.5B–1045
2025––$0.3B$1.7B–974

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