Merchants Bancorp (MBIN) Stock Analysis
Verdict: HOLD
Dominant multi-family mortgage niches drive triple-digit earnings growth, yet heavy insider selling and recent downgrades limit peak upside.
Investment score: 64/100
Analysis as of
Is Merchants Bancorp stock worth reviewing? The TradeMates thesis
MBIN is currently a high-performance regional lender with sector-leading earnings growth (106% YoY), but technical exhaustion and insider selling warrant caution at these levels.
7-factor investment score
- Valuation: 60/100 (weight 20%)
- Financial Health: 65/100 (weight 15%)
- Technical Momentum: 75/100 (weight 15%)
- Earnings Quality: 85/100 (weight 15%)
- Insider Sentiment: 35/100 (weight 10%)
- Analyst Consensus: 55/100 (weight 10%)
- Risk-Adjusted Return: 60/100 (weight 15%)
Merchants Bancorp opportunities and risks
What speaks for MBIN
- Specialized Multi-family Leading Growth
What speaks against MBIN
- Aggressive Insider Liquidation
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| MBIN | 11.2x | 2.0x | 18.0x | 23.6% | 21.3% | -42.6% |
| RDN | 9.6x | 3.8x | 7.5x | 87.6% | 40.3% | 6.3% |
| PFSI | 8.7x | 1.3x | 20.0x | 70.5% | 14.3% | -84.1% |
| FMCC | n/a | 0.0x | 27.1x | 100.0% | 8.6% | 546.0% |
| NMIH | 8.9x | 4.7x | 7.0x | 89.7% | 53.8% | 12.7% |
| UWMC | 7.4x | 1.0x | 18.2x | 82.5% | 2.1% | -184.3% |
| Peer median | 8.7x | 1.3x | 18.2x | 87.6% | 14.3% | 6.3% |
Frequently asked questions about Merchants Bancorp (MBIN)
Is MBIN stock a good investment?
The TradeMates model rates Merchants Bancorp as HOLD with an investment score of 64/100. MBIN is currently a high-performance regional lender with sector-leading earnings growth (106% YoY), but technical exhaustion and insider selling warrant caution at these levels. This is algorithmic model output, not personal investment advice.
Is MBIN stock a buy?
The TradeMates model verdict for MBIN is HOLD with an investment score of 64/100. Treat this as a model signal to review, not a personal buy recommendation.