On November 18, 2024, David Shane, a Director at Merchants Bancorp, purchased 2,000 shares of the company. This transaction marks the insider's total ownership at 2,000 shares. The purchase was documented in an SEC Filing.
Merchants Bancorp (MBIN, Financial) is a diversified bank holding company that provides a range of financial services, including retail and commercial banking, mortgage banking, and small business lending. The company operates through its subsidiaries, offering tailored financial solutions to its clients.
The insider transaction history for Merchants Bancorp indicates a total of five insider buys and three insider sells over the past year. This recent purchase by David Shane contributes to the buying trend observed among insiders.
On the day of the purchase, Merchants Bancorp's shares were trading at $25 each, resulting in a market cap of $1.747 billion. The company's price-earnings ratio stands at 6.46, which is lower than the industry median of 10.725 but higher than the company's historical median price-earnings ratio.
The GF Value for Merchants Bancorp is estimated at $39.46, giving the stock a price-to-GF-Value ratio of 0.63. This suggests that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, along with future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
