Exploring NASDAQ:MBIN's CANSLIM characteristics.

In this article we will dive into MERCHANTS BANCORP/IN (NASDAQ:MBIN) as a possible candidate for growth investing. Investors should always do their own research, but we noticed MERCHANTS BANCORP/IN showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:MBIN may be interesting for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), MERCHANTS BANCORP/IN highlights its ability to generate increasing profitability, showcasing a 37.7% growth.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 33.94%, MERCHANTS BANCORP/IN exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The 3-year EPS growth of MERCHANTS BANCORP/IN (41.43%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• MERCHANTS BANCORP/IN exhibits a strong Return on Equity (ROE) of 13.72%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• The Relative Strength (RS) of MERCHANTS BANCORP/IN has been consistently solid, with a current 92.91 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. MERCHANTS BANCORP/IN exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.05, MERCHANTS BANCORP/IN demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• MERCHANTS BANCORP/IN demonstrates a balanced ownership structure, with institutional shareholders at 24.88%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical Analysis Observations

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, MBIN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MBIN is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that MBIN is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by MBIN over the past year are nicely spread over this period.
• MBIN is part of the Financial Services industry. There are 101 other stocks in this industry. MBIN outperforms 91% of them.
• MBIN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month MBIN has a been trading in the 31.24 - 35.75 range, which is quite wide. It is currently trading near the high of this range.

Check the latest full technical report of MBIN for a complete technical analysis.

Fundamental Analysis Observations

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Overall MBIN gets a fundamental rating of 4 out of 10. We evaluated MBIN against 101 industry peers in the Financial Services industry. MBIN may be in some trouble as it scores bad on both profitability and health. MBIN has a decent growth rate and is not valued too expensively.

Check the latest full fundamental report of MBIN for a complete fundamental analysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.