Merkur Bank KGaA provides various banking products and services primarily in Germany.
Proven track record with reasonable growth potential.
Share Price & News
How has Merkur Bank KGaA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MBK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MBK exceeded the German Banks industry which returned -42.5% over the past year.
Return vs Market: MBK exceeded the German Market which returned -20.9% over the past year.
Price Volatility Vs. Market
How volatile is Merkur Bank KGaA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StThree Things You Should Check Before Buying Merkur Bank KGaA (ETR:MBK) For Its Dividend
1 year ago | Simply Wall StWhy These Fundamentals Make Merkur Bank KGaA’s (ETR:MBK) More Attractive
1 year ago | Simply Wall StWhy Merkur Bank KGaA's (ETR:MBK) High P/E Ratio Isn't Necessarily A Bad Thing
Is Merkur Bank KGaA undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MBK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MBK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MBK is good value based on its PE Ratio (13x) compared to the Banks industry average (15x).
PE vs Market: MBK is good value based on its PE Ratio (13x) compared to the German market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: MBK is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: MBK is overvalued based on its PB Ratio (0.9x) compared to the DE Banks industry average (0.8x).
How is Merkur Bank KGaA forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MBK's forecast earnings growth (19% per year) is above the savings rate (-0.4%).
Earnings vs Market: MBK's earnings (19% per year) are forecast to grow faster than the German market (14.1% per year).
High Growth Earnings: MBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: MBK's revenue (27.8% per year) is forecast to grow faster than the German market (4% per year).
High Growth Revenue: MBK's revenue (27.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MBK's Return on Equity is forecast to be low in 3 years time (6%).
How has Merkur Bank KGaA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBK has high quality earnings.
Growing Profit Margin: MBK's current net profit margins (10.1%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: MBK's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: MBK's earnings growth over the past year (11.7%) exceeds its 5-year average (2.9% per year).
Earnings vs Industry: MBK earnings growth over the past year (11.7%) exceeded the Banks industry 0.7%.
Return on Equity
High ROE: MBK's Return on Equity (2.7%) is considered low.
How is Merkur Bank KGaA's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MBK's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MBK has a sufficient allowance for bad loans.
Low Risk Liabilities: MBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: MBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MBK's loans are broadly funded by customer deposits.
Level of Bad Loans: Insufficient data to determine if MBK has an appropriate level of bad loans.
What is Merkur Bank KGaA's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MBK's dividend (3.83%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: MBK's dividend (3.83%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Stability and Growth of Payments
Stable Dividend: MBK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MBK's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50%), MBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBK's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Marcus Lingel serves as the Chief Executive Officer and Head of Personnel, Legal, Treasury Pr, Marketing Sales, Financing, Leasing Re-Financing, Corporate & Private Customers at Merkur Bank KGaA and al ...
|Chairman of Management Board & CEO||11.67yrs||no data||no data|
|MD & Executive Board Member||18.25yrs||no data||no data|
|Member of the Management Board||0.67yr||no data||no data|
|Investor Relations Professional||no data||no data||no data|
|Honorary General Counsel||no data||no data||no data|
|Head of Region Saxony / Thuringia & Corporate Clients Mittelstand Bayern||no data||no data||no data|
|Head of Region Bavaria||no data||no data||no data|
|Head of Property Customers - Saxony & Thuringia||no data||no data||no data|
|Head of Private Customers||no data||no data||no data|
|Head of Corporate Customer Property Developer||no data||no data||no data|
Experienced Management: MBK's management team is seasoned and experienced (11.7 years average tenure).
|Supervisory Board Member||6.83yrs||no data||no data|
|Supervisory Board Member||2.83yrs||no data||no data|
|Supervisory Board Member||4yrs||no data||no data|
|Chairman of the Supervisory Board||4yrs||no data||no data|
|Supervisory Board Member||6.83yrs||no data||no data|
|Supervisory Board Vice Chairman||4yrs||no data||no data|
Experienced Board: MBK's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Merkur Bank KGaA's company bio, employee growth, exchange listings and data sources
- Name: Merkur Bank KGaA
- Ticker: MBK
- Exchange: XTRA
- Founded: 1959
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €59.358m
- Shares outstanding: 7.11m
- Website: https://www.merkur-bank.de
Number of Employees
- Merkur Bank KGaA
- Bayerstr. 33
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MBK||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jun 1999|
|MBK||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Jun 1999|
|MBK1||MUN (Boerse Muenchen)||NPV (NEW SHS)||DE||EUR||Sep 2019|
Merkur Bank KGaA provides various banking products and services primarily in Germany. The company accepts savings accounts, as well as fixed, fund, and time deposits; and offers call money services. It also provides SME financing, developers funding, and lease refinancing services; credit cards; and various finds, such as equity, real estate, bond, and balanced funds. In addition, the company offers securities and investment advisory services; and bonds. Merkur Bank KGaA was founded in 1959 and is based in Munich, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 22:45|
|End of Day Share Price||2020/04/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.