Risk factor
Significant default risk
Profitability factor
Favourable analyst view
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | +0.00% |
About
Merchants Bancorp operates as a diversified financial holding company across the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment specializes in originating and servicing government-backed mortgages. This includes providing bridge financing to facilitate the acquisition, refinancing, or repositioning of multi-unit residential developments, as well as offering construction loans for multi-family rental housing and healthcare facilities. Additionally, this division crafts customized loan products for essential skilled nursing facilities, including independent living, assisted living, and memory care, and provides tax credit equity syndication services. The Mortgage Warehousing segment is responsible for funding residential loans that qualify for agency programs, in addition to supplying commercial loans to non-depository financial institutions. Through its Banking segment, the company delivers a broad spectrum of financial products and services to both consumers and businesses. These offerings encompass retail banking, various types of commercial and agricultural lending, both direct and correspondent residential mortgage banking, and Small Business Administration (SBA) lending. Merchants Bancorp was founded in 1990, with its main offices located in Carmel, Indiana.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on P/IBPT, reas
Target Price
The average target price of MBIN is 63.2 and suggests 29.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr