Merchants Bancorp (Indiana) (MBIN) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Live Oak Bancshares, Inc.

Renasant Corp.

WesBanco, Inc.

Enterprise Financial Services Corp.

First Commonwealth Financial Corp. (Pennsylvania)

Heartland Financial USA, Inc.

Trustmark Corp.

Merchants Bancorp (Indiana)

Banner Corp.

The Bank of N.T. Butterfield & Son Ltd.

Independent Bank Group, Inc.

Why is Merchants Bancorp (Indiana) ?

High Management Efficiency with a high ROA of 1.57%

Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.57%

Healthy long term growth as Net Interest Income (ex other income) has grown by an annual rate of 0% and Net profit at 3.92%

Flat results in Dec 25

OPERATING CASH FLOW(Y) Lowest at USD 43.23 MM
PRE-TAX PROFIT(Q) At USD 73.88 MM has Fallen at -42.22%
NET PROFIT(Q) Fallen at -29.08%

With ROA of 0.90%, it has a attractive valuation with a 0.66 Price to Book Value

The stock is trading at a fair value compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 8.35%, its profits have fallen by -21.5%

High Institutional Holdings at 99%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Merchants Bancorp (Indiana) should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Merchants Bancorp (Indiana) for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Merchants Bancorp (Indiana)

8.35%

0.09

40.46%

S&P 500

17.78%

0.92

19.35%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

33.54%

EBIT Growth (5y)

3.02%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

10.58%

Pledged Shares

Institutional Holding

99.00%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.66

EV to EBIT

-0.13

EV to EBITDA

-0.13

EV to Capital Employed

-0.06

EV to Sales

-0.04

PEG Ratio

Dividend Yield

0.12%

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

11.59%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

7What is working for the Company

DIVIDEND PER SHARE(HY)

Highest at USD 0

GROSS NPA (%)

NII(Q)

Highest at USD 138.09 MM

DIVIDEND PAYOUT RATIO(Y)

Highest at 7.81%

-7What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at USD 43.23 MM

PRE-TAX PROFIT(Q)

At USD 73.88 MM has Fallen at -42.22%

NET PROFIT(Q)

Fallen at -29.08%

Here's what is working for Merchants Bancorp (Indiana)

Non Performing Loans (%)

Lowest at 1.79%

in the last four Semi-Annual periods

MOJO Watch

Proportion of stressed loans given by the bank are falling

Non Performing Loans (%)

NII

Highest at USD 138.09 MM

in the last five periods

MOJO Watch

The bank's income from core business is increasing

NII (USD MM)

Dividend per share

Highest at USD 0 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (USD)

Dividend Payout Ratio

Highest at 7.81%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Here's what is not working for Merchants Bancorp (Indiana)

Pre-Tax Profit

At USD 73.88 MM has Fallen at -42.22%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Operating Cash Flow

Lowest at USD 43.23 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (USD MM)

Net Profit

Fallen at -29.08%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is negative

Net Profit (USD MM)