Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association and First National Bank of Northfield that provides various banking products and services to individuals, businesses, and companies in the United States. More Details
Not a dividend payer with weak fundamentals.
Share Price & News
How has Merchants Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MFGI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MFGI underperformed the US Banks industry which returned -26.3% over the past year.
Return vs Market: MFGI underperformed the US Market which returned 13.6% over the past year.
Price Volatility Vs. Market
How volatile is Merchants Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Merchants Financial Group undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: MFGI ($54.25) is trading above our estimate of fair value ($31.78)
Significantly Below Fair Value: MFGI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate MFGI's PE Ratio to determine if it is good value compared to the US Banks industry average.
PE vs Market: Insufficient data to calculate MFGI's PE Ratio to determine if it is good value compared to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MFGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Insufficient data to calculate MFGI's PB Ratio to determine if it is good value.
How is Merchants Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Merchants Financial Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of MFGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Merchants Financial Group's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has Merchants Financial Group performed over the past 5 years?
Historical Banks annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Merchants Financial Group has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
- When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Merchants Financial Group's management and board experience and expertise to assess their ability to deliver on their strategic promises.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Merchants Financial Group's filings and announcements here.
- Explore strong past performing companies in the Banks industry.
How is Merchants Financial Group'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: Insufficient data to determine if MFGI's has appropriate level of Assets to Equity ratio.
Allowance for Bad Loans: Insufficient data to determine if MFGI has a sufficient allowance for bad loans.
Low Risk Liabilities: MFGI reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if MFGI has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: MFGI reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if MFGI has an appropriate level of bad loans.
What is Merchants Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MFGI's dividend (4.26%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: MFGI's dividend (4.26%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MFGI has been paying a dividend for less than 10 years.
Growing Dividend: MFGI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Greg Evans (57 yo)
Mr. Gregory M. Evans, also known as Greg, has been the Chief Executive Officer and President at Merchants Financial Group, Inc. and Merchants Bank since February 2017. Mr. Evans served as CEO at First Nati ...
|President||3.58yrs||no data||no data|
|Independent Director||12.67yrs||no data||no data|
|Independent Chairman of the Board||8.42yrs||no data||no data|
|Independent Director||17.67yrs||no data||no data|
|Independent Director||13.67yrs||no data||no data|
|Independent Director||14.67yrs||no data||no data|
|Director||0.42yr||no data||no data|
|Independent Director||2.42yrs||no data||no data|
|Independent Director||1.42yrs||no data||no data|
Experienced Board: MFGI's board of directors are considered experienced (8.4 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.
Merchants Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Merchants Financial Group, Inc.
- Ticker: MFGI
- Exchange: OTCPK
- Founded: 1875
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$144.709m
- Shares outstanding: 2.67m
- Website: https://www.merchantsbank.com
Number of Employees
- Merchants Financial Group, Inc.
- 102 East Third Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MFGI||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Oct 1990|
Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association and First National Bank of Northfield that provides various banking products and services to in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/19 06:02|
|End of Day Share Price||2020/09/17 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.