10-QBanking

MERCHANTS BANCORP

MBIN · Period ending 2026-03-31 · Filed 2026-05-07

Valuation

Banking
Live · Yahoo Finance

Price

$48.17

52-Week Range

$28.75$48.17 now$50.26

Decision Context

Altman Z-Score indicates financial distress risk. Review debt levels and cash runway before any position sizing decision.

Based on filing period ending Mar 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

MBIN vs

Macro Context

SWOT Analysis — MBIN

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

Strengths

  • Operating Cash Flow: -$341.2M (+59.1% YoY) — Negative operating cash flow — the business consumed more cash than it produced from operations.

Weaknesses

  • EPS (Diluted): $3.78 (-40.0% YoY) — Earnings per share fell 40%.

  • Net Income: $218.8M (-31.7% YoY) — Profit fell 32% but remained positive.

Opportunities

  • Total Assets: $19.4B (+3.4% YoY) — Total assets grew 3% — the company's resource base expanded.

Threats

  • Negative operating cash flow of $341.2M — the core business consumed more cash than it generated.

  • Total liabilities are 88% of total assets — the balance sheet is heavily leveraged with limited equity cushion.

Year-over-Year Changes

Operating Cash Flow

-$341.2M

was -$835.3M

+59.1%

Negative operating cash flow — the business consumed more cash than it produced from operations.

EPS (Diluted)

$3.78

was $6.30

−40.0%

Earnings per share fell 40%.

Net Income

$218.8M

was $320.4M

−31.7%

Profit fell 32% but remained positive.

Total Assets

$19.4B

was $18.8B

+3.4%

Total assets grew 3% — the company's resource base expanded.

Risk Flags

2 high · 0 medium · 0 low
  • High

    Negative operating cash flow of $341.2M — the core business consumed more cash than it generated.

  • High

    Total liabilities are 88% of total assets — the balance sheet is heavily leveraged with limited equity cushion.

Price History

Technical Signals

Daily closes · 1-year data

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External Links

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Research MERCHANTS BANCORP

Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.