company background image
MFGI logo

Merchants Financial Group OTCPK:MFGI Stock Report

Last Price

US$24.00

Market Cap

US$191.0m

7D

-0.8%

1Y

-10.3%

Updated

26 Apr, 2024

Data

Company Financials

Merchants Financial Group, Inc.

OTCPK:MFGI Stock Report

Market Cap: US$191.0m

MFGI Stock Overview

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and companies in the United States.

MFGI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Merchants Financial Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Merchants Financial Group
Historical stock prices
Current Share PriceUS$24.00
52 Week HighUS$28.60
52 Week LowUS$21.50
Beta0.13
1 Month Change1.05%
3 Month Change-1.03%
1 Year Change-10.28%
3 Year Change1.69%
5 Year Change-2.70%
Change since IPO176.92%

Recent News & Updates

Recent updates

Shareholder Returns

MFGIUS BanksUS Market
7D-0.8%2.7%2.9%
1Y-10.3%30.1%22.2%

Return vs Industry: MFGI underperformed the US Banks industry which returned 31.6% over the past year.

Return vs Market: MFGI underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is MFGI's price volatile compared to industry and market?
MFGI volatility
MFGI Average Weekly Movement5.6%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: MFGI has not had significant price volatility in the past 3 months.

Volatility Over Time: MFGI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1875n/aGreg Evanswww.merchantsbank.com

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and companies in the United States. It offers checking, savings, certificates of deposit, and individual retirement accounts; and debit, gift, travel, and credit cards. The company also provides personal loans for cars and autos, boats, trailers, motorcycles, tractors, or RVs; commercial, agricultural, construction, and small business loans; floor plan financing; mortgages; and home equity line of credit.

Merchants Financial Group, Inc. Fundamentals Summary

How do Merchants Financial Group's earnings and revenue compare to its market cap?
MFGI fundamental statistics
Market capUS$191.02m
Earnings (TTM)US$25.50m
Revenue (TTM)US$110.98m

7.5x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFGI income statement (TTM)
RevenueUS$110.98m
Cost of RevenueUS$0
Gross ProfitUS$110.98m
Other ExpensesUS$85.48m
EarningsUS$25.50m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.20
Gross Margin100.00%
Net Profit Margin22.98%
Debt/Equity Ratio55.1%

How did MFGI perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

22%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.