Merchants & Marine Bancorp Inc (MNMB)
OTHER OTC:MNMB
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Merchants & Marine Bancorp
(OTC:MNMB)
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Rating:54Neutral
Price Target:
$39.00
▼(-0.96% Downside)
Action:DowngradedDate:04/04/26
The score is held back primarily by weaker 2025 financial quality (margin compression, sharply higher leverage, and negative free cash flow). Valuation is a clear positive (low P/E and solid dividend yield), while technicals are broadly neutral with slightly soft momentum.
Positive Factors
Consistent revenue growth
Sustained top-line expansion and a sizeable 2025 revenue increase indicate continued customer demand and successful loan/secs growth. Over the next 2–6 months this supports stable interest income, enhances cross-sell potential, and gives management room to invest in core banking capabilities.
Negative Factors
Margin compression
A material drop in net margin signals pressure on spreads or rising costs that reduce profitability. Persistently lower margins weaken internal capital generation and ROE, limiting the bank’s ability to build reserves or expand without raising pricing or reducing costs over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained top-line expansion and a sizeable 2025 revenue increase indicate continued customer demand and successful loan/secs growth. Over the next 2–6 months this supports stable interest income, enhances cross-sell potential, and gives management room to invest in core banking capabilities.
Read all positive factors
Merchants & Marine Bancorp (MNMB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$51.40M
Dividend Yield3.68%
Average Volume (3M)139.00
Price to Earnings (P/E)12.0
Beta (1Y)0.23
Revenue Growth2.98%
EPS Growth-21.84%
CountryUS
Employees145
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.73
Shares Outstanding1,330,000
10 Day Avg. Volume0
30 Day Avg. Volume139
Financial Highlights & Ratios
PEG Ratio-0.30
Price to Book (P/B)0.39
Price to Sales (P/S)0.94
P/FCF Ratio-15.18
Enterprise Value/Market Cap3.44
Enterprise Value/Revenue3.61
Enterprise Value/Gross Profit3.88
Enterprise Value/Ebitda24.58
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Merchants & Marine Bancorp Business Overview & Revenue Model
Company Description
Merchants & Marine Bancorp, Inc. operates as the holding company for Merchants & Marine Bank that provides personal and business banking products and services in Jackson and George Counties, Mississippi, and Baldwin County in Alabama. The company ...
How the Company Makes Money
Merchants & Marine Bancorp primarily earns money through its banking subsidiary by (1) generating net interest income—interest and fees collected on loans and investment securities minus interest paid on deposits and other borrowings—and (2) earni...
Merchants & Marine Bancorp Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
40
Negative
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.93M | 54.68M | 49.44M | 42.77M | 31.72M | 29.38M |
| Gross Profit | 45.51M | 45.48M | 45.41M | 40.74M | 30.13M | 25.83M |
| EBITDA | 7.19M | 4.96M | 9.00M | 9.17M | 4.73M | 4.21M |
| Net Income | 6.06M | 4.28M | 5.94M | 6.03M | 2.97M | 2.18M |
Balance Sheet | ||||||
| Total Assets | 730.27M | 941.19M | 716.86M | 686.16M | 686.47M | 678.17M |
| Cash, Cash Equivalents and Short-Term Investments | 48.98M | 76.62M | 37.48M | 174.19M | 197.01M | 279.49M |
| Total Debt | 6.28M | 202.66M | 4.72M | 54.21M | 4.70M | 4.69M |
| Total Liabilities | 602.96M | 807.87M | 590.81M | 562.41M | 565.58M | 596.06M |
| Stockholders Equity | 127.31M | 131.05M | 126.05M | 123.75M | 120.89M | 82.11M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -3.37M | 4.06M | 2.71M | 1.83M | -610.74K |
| Operating Cash Flow | 0.00 | 5.76M | 7.58M | 7.42M | 4.09M | 3.34M |
| Investing Cash Flow | 0.00 | -180.28M | 35.80M | 34.81M | -160.19M | 5.31M |
| Financing Cash Flow | 0.00 | 218.49M | -77.72M | -6.12M | 15.78M | 33.12M |
Merchants & Marine Bancorp Technical Analysis
Neutral
39.38
Price Trends
38.95
Negative
38.77
Negative
38.93
Negative
Market Momentum
-0.15
Negative
51.39
Neutral
67.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MNMB, the sentiment is Neutral. The current price of 39.38 is above the 20-day moving average (MA) of 38.25, above the 50-day MA of 38.95, and above the 200-day MA of 38.93, indicating a neutral trend. The MACD of -0.15 indicates Negative momentum. The RSI at 51.39 is Neutral, neither overbought nor oversold. The STOCH value of 67.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MNMB.
Merchants & Marine Bancorp Peers Comparison
UnderperformOutperform
Sector (68)
MNMB
Merchants & Marine Bancorp
38.65
-1.23
-3.08%
ASRV
Ameriserv Financial
3.69
1.64
79.82%
FSEA
First Seacoast Bancorp
12.75
1.70
15.38%
CLST
Catalyst Bancorp
15.97
4.83
43.36%
NSTS
NSTS Bancorp
11.82
0.57
5.07%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.