Stocktoria
Merchants Bancorp MBIN
Nasdaq · XNAS · stock · State Commercial Banks · website · IPO 2017-10-26
Chart by TradingView
1/9
Piotroski F — financial health
—
Altman Z″ — distress risk
27.2%
Dividend payout · safe
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Net income | $218.8M | $320.4M | $279.2M | $219.7M | $227.1M |
| Operating cash flow | -$341.2M | -$835.3M | -$356.4M | $975.8M | -$49.2M |
| Free cash flow | -$362.2M | -$853.7M | -$363.9M | $969.0M | -$52.9M |
| Total assets | $19.4B | $18.8B | $17.0B | $12.6B | $11.3B |
| Total liabilities | $17.2B | $16.6B | $15.3B | $11.2B | $10.1B |
| Shareholders' equity | $2.3B | $2.2B | $1.7B | $1.5B | $1.2B |
| Ratios | |||||
| Return on assets | 1.1% | 1.7% | 1.6% | 1.7% | 2.0% |
| Return on equity | 9.6% | 14.3% | 16.4% | 15.1% | 19.7% |
| Debt / equity | — | — | — | — | 0.89× |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 49,089 | $2.1M |
Why these scores methodology →
Piotroski F-score: 1/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: n/a
Not applicable (financials/insurer or missing inputs).
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001629019 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.