Merchants Bancorp Balance Sheet Health
Financial Health criteria checks 4/6
Merchants Bancorp has total assets of $18.7B and total equity of $1.9B. Total deposits are $12.9B, and total loans are $10.3B earning a Net Interest Margin of 3.1%. It has insufficient allowance for bad loans, which are currently at 2% of total loans. Cash and short-term investments are $1.0B.
Key information
9.6x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$12.89b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.0% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$1.02b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Merchants Bancorp (NASDAQ:MBIN) Presents An Opportunity
Sep 27
Merchants Bancorp (NASDAQ:MBIN) Will Pay A Larger Dividend Than Last Year At $0.09
Mar 10Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.09
Feb 22Moon Capital - Merchants Bancorp: The Bank You've Never Heard Of
Feb 08Merchants Bancorp (NASDAQ:MBIN) Is Paying Out A Dividend Of $0.08
Dec 13Merchants Bancorp (NASDAQ:MBIN) Is Due To Pay A Dividend Of $0.08
Sep 05Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
Aug 22Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
May 23Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Feb 21Merchants Bancorp: Attractively Valued, Earnings Likely To Grow Next Year
Oct 14Merchants Bancorp prices underwritten public offering of 5.2M depositary shares
Sep 23Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MBIN's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: MBIN has a low allowance for bad loans (40%).
Low Risk Liabilities: 77% of MBIN's liabilities are made up of primarily low risk sources of funding.
Loan Level: MBIN has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: MBIN's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: MBIN has a high level of bad loans (2%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 10:25 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Merchants Bancorp is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manan Gosalia | Morgan Stanley |
| Nathan Race | Piper Sandler Companies |
| David Feaster | Raymond James & Associates |