Merchants & Marine Bancorp Inc

MNMB.PK

$45.50

Closing

0.00

1D

▼-3.19%

YTD

Market cap

$60.53M

52 week high

$51.50

52 week low

$35.05

Volume

2

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Market cap

$60.53M

Analysts' Rating

-

Price Target (Mean)

-

Total Analysts

0

P/E

9.63

Operating Margin

0.00%

Beta

0.05

Revenue Growth (Annual)

-

52 week high

$51.50

52 week low

$35.05

Div. Yield

2.64%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Merchants & Marine Bancorp, Inc. is a holding company of Merchants & Marine Bank (the Bank). Its principal activity includes ownership and management of the Bank. It generates commercial, mortgage and consumer loans and receives deposits from customers located in Jackson, George, Lamar and Forrest Counties in Mississippi and Baldwin and Mobile Counties in Alabama. The Bank operates under a state bank charter and provides full banking services. Canvas Mortgage, a division of the Bank, originates mortgage loans for sale into the secondary market. CannaFirst Financial, a division of the Bank, provides banking services and regulatory guidance to cannabis business owners and affiliates. Voyager Lending, also a division of the Bank, originates government guaranteed loans to small businesses. The Bank is subject to regulation by federal and state banking regulators. It provides a range of community banking services through its Merchants & Marine Bank and Mississippi River bank divisions.