As of 2025-05-20, the Fair Value of Merchants Bancorp (MBIN) is 158.88 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 32.87 USD, the upside of Merchants Bancorp is 383.35%.
With the market price of 32.87 USD and our fair value calculation, Merchants Bancorp (MBIN) is a good investment. Investing in MBIN stocks now will result in a potential gain of 383.35%.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
| Net income | 180.53 | 227.10 | 219.72 | 279.23 | 320.39 | 245.40 |
| YoY growth | 133.46% | 25.80% | -3.25% | 27.09% | 14.74% | 39.57% |
| Market Cap (mil) | 1,508.08 |
| P/E | 5.17x |
| Forward P/E | 4.66x |
| EPS | 6.36 |
| Avg earnings growth rate | 39.57% |
| TTM earnings | 291.57 |