Published on 10 Apr 2024 on Simply Wall St. via Yahoo Finance
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. Long term Merchants Bancorp (NASDAQ:MBIN) shareholders would be well aware of this, since the stock is up 167% in five years.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
View our latest analysis for Merchants Bancorp