Financhill
Buy
61

MBWM Quote, Financials, Valuation and Earnings

Last price:
$48.77
Seasonality move :
-0.66%
Day range:
$48.08 - $49.16
52-week range:
$37.76 - $52.98
Dividend yield:
3%
P/E ratio:
10.11x
P/S ratio:
3.41x
P/B ratio:
1.30x
Volume:
96.3K
Avg. volume:
95.2K
1-year change:
-1.64%
Market cap:
$790.8M
Revenue:
$231.5M
EPS (TTM):
$4.82
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $167.4M $179.2M $190.3M $225.7M $231.5M
Revenue Growth (YoY) 10.51% 7.05% 6.19% 18.58% 2.56%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $62.2M $69.4M $67.8M $72.6M $82M
Other Inc / (Exp) $932K $7.9M $3.5M $3.9M $3.2M
Operating Expenses $62.2M $70.5M $67.8M $72.6M $82M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $54.8M $73.7M $75.8M $102.7M $98.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $10.7M $14.7M $14.7M $20.5M $18.7M
Net Income to Company $44.1M $59M $61.1M $82.2M $79.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $44.1M $59M $61.1M $82.2M $79.6M
 
Basic EPS (Cont. Ops) $2.71 $3.69 $3.85 $5.13 $4.93
Diluted EPS (Cont. Ops) $2.71 $3.69 $3.85 $5.13 $4.93
Weighted Average Basic Share $16.3M $16M $15.9M $16M $16.1M
Weighted Average Diluted Share $16.3M $16M $15.9M $16M $16.1M
 
EBITDA -- -- -- -- --
EBIT $80.9M $93.1M $99.4M $180.5M $228.7M
 
Revenue (Reported) $167.4M $179.2M $190.3M $225.7M $231.5M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $80.9M $93.1M $99.4M $180.5M $228.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $43M $40.2M $55.3M $58.2M $57.3M
Revenue Growth (YoY) 16.63% -6.59% 37.78% 5.23% -1.68%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17.7M $15.5M $16.7M $18.2M $19.6M
Other Inc / (Exp) -- -- -- -- $80K
Operating Expenses $17.7M $15.5M $17.5M $19.2M $20.3M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $17.6M $14.3M $26.1M $27M $24M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.3M $2.8M $5.2M $5.4M $4.5M
Net Income to Company $14.2M $11.5M $21M $21.6M $19.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $14.2M $11.5M $21M $21.6M $19.5M
 
Basic EPS (Cont. Ops) $0.87 $0.73 $1.31 $1.34 $1.21
Diluted EPS (Cont. Ops) $0.87 $0.73 $1.31 $1.34 $1.21
Weighted Average Basic Share $16.3M $15.8M $16M $16.1M $16.2M
Weighted Average Diluted Share $16.3M $15.8M $16M $16.1M $16.2M
 
EBITDA -- -- -- -- --
EBIT $22.8M $19.3M $38.2M $56.3M $55.8M
 
Revenue (Reported) $43M $40.2M $55.3M $58.2M $57.3M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $22.8M $19.3M $38.2M $56.3M $55.8M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $173.5M $176.4M $205.5M $228.6M $230.5M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $63.9M $67.2M $69M $74.2M $83.3M
Other Inc / (Exp) -- $1.1M -- -- $80K
Operating Expenses $63.9M $68.3M $70.8M $76.9M $86M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $59.3M $70.5M $87.6M $103.5M $95.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $11.5M $14.2M $17.1M $20.7M $17.8M
Net Income to Company $47.7M $56.3M $70.5M $82.8M $77.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $47.7M $56.3M $70.5M $82.8M $77.6M
 
Basic EPS (Cont. Ops) $2.94 $3.54 $4.43 $5.16 $4.82
Diluted EPS (Cont. Ops) $2.94 $3.54 $4.43 $5.16 $4.82
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $83M $89.6M $118.3M $198.6M $228.2M
 
Revenue (Reported) $173.5M $176.4M $205.5M $228.6M $230.5M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $83M $89.6M $118.3M $198.6M $228.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $43M $40.2M $55.3M $58.2M $57.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17.7M $15.5M $16.7M $18.2M $19.6M
Other Inc / (Exp) -- -- -- -- $80K
Operating Expenses $17.7M $15.5M $17.5M $19.2M $20.3M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $17.6M $14.3M $26.1M $27M $24M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.3M $2.8M $5.2M $5.4M $4.5M
Net Income to Company $14.2M $11.5M $21M $21.6M $19.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $14.2M $11.5M $21M $21.6M $19.5M
 
Basic EPS (Cont. Ops) $0.87 $0.73 $1.31 $1.34 $1.21
Diluted EPS (Cont. Ops) $0.87 $0.73 $1.31 $1.34 $1.21
Weighted Average Basic Share $16.3M $15.8M $16M $16.1M $16.2M
Weighted Average Diluted Share $16.3M $15.8M $16M $16.1M $16.2M
 
EBITDA -- -- -- -- --
EBIT $22.8M $19.3M $38.2M $56.3M $55.8M
 
Revenue (Reported) $43M $40.2M $55.3M $58.2M $57.3M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $22.8M $19.3M $38.2M $56.3M $55.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $626M $975.2M $96.8M $130.5M $393M
Short Term Investments $387.3M $592.7M $602.9M $617.1M $730.4M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1B $1.6B $699.7M $747.6M $1.1B
 
Property Plant And Equipment $59M $57.3M $51.5M $50.9M $53.4M
Long-Term Investments $387.3M $592.7M $602.9M $617.1M $730.4M
Goodwill $49.5M $49.5M $49.5M $49.5M $49.5M
Other Intangibles $2.4M $1.4M -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $4.4B $5.3B $4.9B $5.4B $6.1B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $118.4M $197.5M $194.3M $229.7M $121.5M
 
Long-Term Debt $441.6M $495.9M $445.8M $606.5M $526.7M
Capital Leases -- -- -- -- --
Total Liabilities $4B $4.8B $4.4B $4.8B $5.5B
 
Common Stock $302M $285.8M $290.4M $295.1M $299.7M
Other Common Equity Adj $5.5M -$3.7M -$65.3M -$50.5M -$49.8M
Common Equity $441.6M $456.6M $441.4M $522.1M $584.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $441.6M $456.6M $441.4M $522.1M $584.5M
 
Total Liabilities and Equity $4.4B $5.3B $4.9B $5.4B $6.1B
Cash and Short Terms $1B $1.6B $699.7M $747.6M $1.1B
Total Debt $441.6M $495.9M $445.8M $606.5M $526.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $652.3M $770.2M $57.9M $237.2M $385.5M
Short Term Investments $434.3M $605.7M $620M $609.2M $533.5M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.1B $1.4B $677.9M $846.4M $918.9M
 
Property Plant And Equipment $55.4M $56.1M $51.5M $50.8M $53.7M
Long-Term Investments $434.3M $605.7M $620M $609.2M $533.5M
Goodwill $49.5M $49.5M $49.5M $49.5M $49.5M
Other Intangibles $2.1M $1.1M $424K -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $4.7B $5.2B $4.9B $5.5B $6.1B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- $60M
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $141.3M $204.3M $244.7M $228.6M $302.1M
 
Long-Term Debt $441.7M $519.1M $515.8M $586M $446.1M
Capital Leases -- -- -- -- --
Total Liabilities $4.3B $4.7B $4.4B $4.9B $5.5B
 
Common Stock $299.4M $286.8M $291.5M $296.1M $300.7M
Other Common Equity Adj -$1.8M -$31.9M -$56.3M -$53M -$40.7M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $441.2M $436.5M $467.4M $536.6M $608.3M
 
Total Liabilities and Equity $4.7B $5.2B $4.9B $5.5B $6.1B
Cash and Short Terms $1.1B $1.4B $677.9M $846.4M $918.9M
Total Debt $441.7M $519.1M $515.8M $586M $506.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $44.1M $59M $61.1M $82.2M $79.6M
Depreciation & Amoritzation $9.4M $13.7M $12.9M $11.5M $10.5M
Stock-Based Compensation $2.3M $3.8M $3.4M $3.4M $3.3M
Change in Accounts Receivable -$917K $1.5M -$6.2M -$4.3M -$1.6M
Change in Inventories -- -- -- -- --
Cash From Operations $37.9M $64.6M $119.9M $66.6M $101.1M
 
Capital Expenditures $9M $5.6M $3M $6.7M $8.5M
Cash Acquisitions -- -$2.7M -- -- --
Cash From Investing -$398.8M -$495.5M -$555M -$395.9M -$425.4M
 
Dividends Paid (Ex Special Dividend) -$17.9M -$18.5M -$19.6M -$21M -$22.5M
Special Dividend Paid
Long-Term Debt Issued $60M $73.6M $42.9M $240M $10M
Long-Term Debt Repaid -$20M -$20M -$94M -$80.4M -$90.8M
Repurchase of Common Stock -$6.6M -$21.4M -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $753.2M $780.1M -$443.3M $363.1M $586.8M
 
Beginning Cash (CF) $233.7M $626M $975.2M $96.8M $130.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $392.3M $349.2M -$878.4M $33.8M $262.5M
Ending Cash (CF) $626M $975.2M $96.8M $130.5M $393M
 
Levered Free Cash Flow $28.9M $59M $116.8M $59.9M $92.6M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Net Income to Stockholders $18.1M $11.7M $20.4M $18.8M --
Depreciation & Amoritzation $3.3M $3.2M $2.9M $2.7M --
Stock-Based Compensation $634K $797K $828K $891K --
Change in Accounts Receivable $2.2M -$229K $461K $706K --
Change in Inventories -- -- -- -- --
Cash From Operations $23.6M $22.1M $19.4M $9.1M --
 
Capital Expenditures $2M $67K $2.2M $869K --
Cash Acquisitions -$2.7M -- -- -- --
Cash From Investing $43.2M -$185.3M -$88.2M -$155.4M --
 
Dividends Paid (Ex Special Dividend) -$4.6M -$4.8M -$5.2M -$5.5M --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -$56K $120M -- --
Long-Term Debt Repaid -- -$20M -$30M -$20M --
Repurchase of Common Stock -$7.3M -- -- -- --
Other Financing Activities -- $435K -- -- --
Cash From Financing $40.4M -$127.9M $218.6M $106.7M --
 
Beginning Cash (CF) $652.3M $770.2M $57.9M $237.2M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $107.2M -$291.1M $149.9M -$39.6M --
Ending Cash (CF) $759.5M $479.1M $207.8M $197.6M --
 
Levered Free Cash Flow $21.6M $22M $17.2M $8.2M --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $47.7M $56.3M $70.5M $82.8M $77.6M
Depreciation & Amoritzation $11.9M $13.7M $12.5M $11.2M $9.4M
Stock-Based Compensation $2.3M $4M $3.4M $3.3M $3.4M
Change in Accounts Receivable -$2.1M $1.2M -$6.8M -$4.3M -$1.2M
Change in Inventories -- -- -- -- --
Cash From Operations $46.2M $93.9M $110M $88.8M $57.9M
 
Capital Expenditures $7.4M $4.3M $5.2M $5.6M $8.6M
Cash Acquisitions -- -$2.7M -- -- --
Cash From Investing -$634.4M -$408.7M -$461M -$352M -$494.3M
 
Dividends Paid (Ex Special Dividend) -$18.1M -$18.7M -$20M -$21.4M -$22.8M
Special Dividend Paid
Long-Term Debt Issued $20M $116.6M $79.9M $170M --
Long-Term Debt Repaid -$20M -$40M -$84.4M -$100.8M -$80.9M
Repurchase of Common Stock -$3.8M -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1B $432.7M -$361.3M $442.5M $584.6M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $415.6M $117.9M -$712.3M $179.3M $148.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $38.8M $89.6M $104.8M $83.1M $49.3M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Net Income to Stockholders $32.3M $23.2M $41.3M $40.3M $19.5M
Depreciation & Amoritzation $6.8M $6.7M $5.9M $5.5M $1.6M
Stock-Based Compensation $1.3M $1.6M $1.7M $1.6M $786K
Change in Accounts Receivable $1.2M -$1.6M -$1.5M -$1.2M -$1.5M
Change in Inventories -- -- -- -- --
Cash From Operations $22.2M $50M $37.5M $49.3M -$3M
 
Capital Expenditures $3.6M $399K $4.7M $2.3M $1.5M
Cash Acquisitions -$2.7M -- -- -- --
Cash From Investing -$194.8M -$336.4M -$145.3M -$168.6M -$82M
 
Dividends Paid (Ex Special Dividend) -$9.2M -$9.6M -$10.3M -$11.1M -$5.9M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $42.9M $200M $10M --
Long-Term Debt Repaid -- -$40M -$40.4M -$50.8M -$20.9M
Repurchase of Common Stock -$10.9M -- -- -- --
Other Financing Activities -- $435K -- -- --
Cash From Financing $306.1M -$209.7M $218.9M $186.4M $77.5M
 
Beginning Cash (CF) $1.3B $1.7B $154.7M $367.8M $393M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $133.5M -$496.1M $111M $67.1M -$7.6M
Ending Cash (CF) $1.4B $1.2B $265.7M $434.9M $385.5M
 
Levered Free Cash Flow $18.6M $49.6M $32.8M $47M -$4.5M

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