Market Price

41.15 

0.44 1.1%

as of Apr 09 '21

52 Week Range:

12.72 44.73


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Merchants Bancorp operates as a diversified bank holding company in the United States. It operates in three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products comprising checking, savings, and time deposit accounts; commercial, commercial real estate, mortgage, and other consumer loan products; and letters of credit, as well as engages in the retail banking, agricultural lending, single family mortgage lending, small business administration lending, and correspondent lending and servicing businesses. The company operates seven branches comprising three branches in the Indianapolis, Indiana metropolitan area; two branches in Lynn, Indiana; and two branches in Joy and New Boston, Illinois. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '15 Dec '16 Dec '17 Jun '18 Dec '18 Dec '19 Dec '20
Equity (BVPS) 7.03
12.75
14.52
18.94
growth rate 34.7% 13.9% 30.4%
Earnings BIT 54.13
62.10
84.95
119.72
138.55
304.35
growth rate 14.7% 36.8% 18.7% 15.7% 119.7%
Avg.PE 9.13
9.88
11.59
11.59
11.59
growth rate 8.2% 8.3% 0.0% 0.0%
ROA 1.25
1.25
1.68
1.64
1.33
2.07
growth rate 0.0% 34.4% -1.2% -18.9% 55.6%
ROE 20.54
20.55
20.94
16.88
16.60
31.96
growth rate 0.1% 1.9% -10.2% -1.7% 92.5%
Leverage 16.42
16.51
10.41
10.23
14.45
16.13
growth rate 0.6% -37.0% -0.9% 41.3% 11.6%
Balance Sheet Dec '15 Dec '16 Dec '17 Jun '18 Dec '18 Dec '19 Dec '20
Acct.Receivable 2.50
14.10
2.60
growth rate 464.0% -81.6%
Acct.Payable 2,039.52
2,428.62
2,943.56
3,231.09
5,478.08
7,408.07
growth rate 19.1% 21.2% 4.8% 69.5% 35.2%
Cur.Assets 1,187.87
1,372.74
1,511.04
352.40
336.52
2,603.60
3,254.48
growth rate 15.6% 10.1% -76.7% -4.5% 673.7% 25.0%
Total Assets 2,269.44
2,718.51
3,393.13
3,786.68
3,884.16
6,371.93
9,645.38
growth rate 19.8% 24.8% 11.6% 2.6% 64.1% 51.4%
Cash 446.80
336.20
255.32
222.32
322.21
179.73
growth rate -24.8% -24.1% -6.7% 44.9% -44.2%
Inventory 954.87
0.14
growth rate -100.0%
Cur.Liabilities 2,072.24
2,460.38
2,998.56
3,274.83
5,496.84
7,408.07
growth rate 18.7% 21.9% 4.5% 67.9% 34.8%
Liabilities 2,121.24
2,512.22
3,025.66
3,393.76
3,462.93
5,718.20
8,834.75
growth rate 18.4% 20.4% 12.2% 2.0% 65.1% 54.5%
LT Debt 27.49
27.01
1.61
151.72
162.70
479.18
growth rate -1.8% -94.0% 870.2% 7.2% 194.5%
Equity 138.20
164.71
325.89
421.24
653.73
810.62
growth rate 19.2% 97.9% 13.7% 55.2% 24.0%
Common Shares 21.00
21.00
23.00
28.69
28.69
28.71
28.75
growth rate 0.0% 9.5% 24.8% 0.0% 0.0% 0.1%
Cash Flow Statement Dec '15 Dec '16 Dec '17 Jun '18 Dec '18 Dec '19 Dec '20
Capital Expenditures 0.32
1.20
0.79
9.20
13.98
3.62
growth rate 273.9% -34.6% 241.6% 52.1% -74.1%
Cash Dividends 4.22
6.22
7.95
-10.22
-17.25
-23.67
growth rate 47.4% 27.7% -100.0% 0.0% 0.0%
Cash From OA 118.33
-149.77
-175.89
204.34
-1,257.00
-874.89
growth rate -100.0% 0.0% 100.0% -100.0% 0.0%
FCF per Share 11.21
-3.80
-55.24
-27.97
growth rate -100.0% 0.0% 0.0%
Sale Purchase of Stock 3.94
106.25
106.25
growth rate 2,595.9% 0.0%
FCF 117.00
-152.00
-178.00
188.00
-1,271.00
-879.00
growth rate -100.0% 0.0% 100.0% -100.0% 0.0%
Income Statement Dec '15 Dec '16 Dec '17 Jun '18 Dec '18 Dec '19 Dec '20
Sales 68.10
81.52
111.81
134.93
165.45
339.78
growth rate 19.7% 37.2% 9.9% 22.6% 105.4%
Op.Income 48.26
55.94
78.09
119.72
138.55
304.35
growth rate 15.9% 39.6% 23.8% 15.7% 119.7%
IBT 47.18
54.80
77.16
84.03
102.13
243.36
growth rate 16.1% 40.8% 4.4% 21.6% 138.3%
Net Income 28.38
33.13
54.68
62.87
77.33
180.53
growth rate 16.7% 65.1% 7.2% 23.0% 133.5%
EPS 1.34
1.47
2.28
2.07
2.37
5.77
growth rate 9.7% 55.1% -4.7% 14.5% 143.5%
Gross Profit 68.10
81.52
111.81
132.58
154.66
326.11
growth rate 19.7% 37.2% 8.9% 16.7% 110.9%

Quarterly Statements

Item Name Dec '19 Mar '20 Jun '20 Sep '20 Dec '20
Earnings BIT 51.54
43.08
70.81
91.44
100.12
growth rate -16.4% 64.4% 29.1% 9.5%
Balance Sheet Dec '19 Mar '20 Jun '20 Sep '20 Dec '20
Acct.Receivable
growth rate
Acct.Payable 5,478.08
6,722.71
6,908.63
7,084.65
7,408.07
growth rate 22.7% 2.8% 2.6% 4.6%
Cur.Assets 2,603.60
3,364.09
4,280.96
3,748.82
3,254.48
growth rate 29.2% 27.3% -12.4% -13.2%
Total Assets 6,371.93
7,908.40
9,439.40
9,530.47
9,645.38
growth rate 24.1% 19.4% 1.0% 1.2%
Cash 322.21
568.08
403.19
429.20
179.73
growth rate 76.3% -29.0% 6.5% -58.1%
Inventory
growth rate
Cur.Liabilities 5,644.00
6,736.71
7,499.84
7,084.65
7,408.07
growth rate 19.4% 11.3% -5.5% 4.6%
Liabilities 5,718.20
7,235.43
8,731.20
8,773.34
8,834.75
growth rate 26.5% 20.7% 0.5% 0.7%
LT Debt 17.11
431.92
1,171.15
1,171.15
479.18
growth rate 2,424.4% 171.2% 0.0% -59.1%
Equity 653.73
672.97
708.20
757.14
810.62
growth rate 2.9% 5.2% 6.9% 7.1%
Common Shares 28.71
28.74
28.75
28.75
28.75
growth rate 0.1% 0.0% 0.0% 0.0%
Cash Flow Statement Dec '19 Mar '20 Jun '20 Sep '20 Dec '20
Capital Expenditures 1.71
0.59
0.44
0.39
2.19
growth rate -65.3% -25.6% -10.9% 456.6%
Cash Dividends -5.63
-5.92
-5.92
-5.92
-5.92
growth rate 0.0% 0.0% 0.0% 0.0%
Cash From OA 406.83
-871.62
-1,099.32
762.70
333.34
growth rate -100.0% 0.0% 100.0% -56.3%
Sale Purchase of Stock
growth rate
FCF 405.12
-872.21
-1,099.76
762.31
331.15
growth rate -100.0% 0.0% 100.0% -56.6%
Income Statement Dec '19 Mar '20 Jun '20 Sep '20 Dec '20
Sales 58.33
55.26
75.68
101.00
107.85
growth rate -5.3% 37.0% 33.5% 6.8%
Op.Income 51.54
43.08
70.81
91.44
100.12
growth rate -16.4% 64.4% 29.1% 9.5%
IBT 39.50
32.96
55.40
74.61
80.38
growth rate -16.5% 68.1% 34.7% 7.7%
Net Income 30.06
24.58
41.16
55.00
59.79
growth rate -18.2% 67.4% 33.6% 8.7%
Gross Profit 58.03
46.92
75.68
97.42
107.20
growth rate -19.2% 61.3% 28.7% 10.0%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

D (45.32)

YOY Growth Grade:

D (44.94)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 11.59 18.63 10.53
EPS / Growth 2.21

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 37.9%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 37.9% 37.9% 37.9%
Future PE 10.53 11.24 32.66
Future EPS 55.01 55.01 55.01
Value Price
MOS %
143.26
248.1%
152.82
271.4%
444.06
979.1%
MOS Price 71.63 76.41 222.03
IRT 5.60 5.60 5.60

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.

Risk / Reward Ratios

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.