MBIN

Merchants Bancorp
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$2.22B
P/E Ratio
11.80
EPS
$4.10
Beta
1.15
52W High
$51.47
52W Low
$28.45
50-Day MA
$48.07
200-Day MA
$41.22
Dividend Yield
0.86%
Profit Margin
39.00%
Forward P/E
PEG Ratio

About Merchants Bancorp

Merchants Bancorp is the diversified bank holding company in the United States. The company is headquartered in Carmel, Indiana.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$585.48M
Gross Profit (TTM)$585.48M
EBITDA
Operating Margin58.00%
Return on Equity10.20%
Return on Assets1.17%
Revenue/Share (TTM)$12.76
Book Value$38.73
Price-to-Book1.25
Price-to-Sales (TTM)3.79
EV/Revenue10.49
EV/EBITDA
Quarterly Earnings Growth (YoY)34.50%
Quarterly Revenue Growth (YoY)15.80%
Shares Outstanding$45.94M
Float$24.32M
% Insiders45.95%
% Institutions99.53%

Historical Volatility

HV 10-Day
29.02%
HV 20-Day
26.09%
HV 30-Day
23.06%
HV 60-Day
23.95%
HV Rank
10.7%

Volatility is currently expanding

Analyst Ratings

Consensus ($53.50 target)
2
Strong Buy
1
Hold

Latest News

Merchants Bancorp Reports Second Quarter of 2026 Results

Net income of $78.3 million in the second quarter of 2026 increased $40.3 million, or 106%, compared to the second quarter of 2025, and increased $10.6 million, or 16%, compared to the first quarter of 2026. Diluted earnings per common share of $1.48 in the second quarter of 2026 increased 147% compared to the second quarter of 2025 and increased 18% compared to the first quarter of 2026.

PRNewsWire7/28/2026Neutral
Merchants Bancorp Preferreds Update: 2 Buys, 1 Sell

Merchants Bancorp does business in just a small slice in the state of Indiana. MBIN demonstrates financial strength by redeeming preferreds and maintaining decent coverage ratios: 5.7x net income to preferred dividends and 3.2x TCE to par. MBIN's business model leverages high-margin mortgage warehousing, supporting book value growth and stable preferred dividend coverage.

Seeking Alpha7/24/2026Positive
Merchants Bancorp Declares Quarterly Common and Preferred Dividends

CARMEL, Ind., May 21, 2026 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the second quarter of 2026, in each case to shareholders of record on June 15, 2026, payable on July 1, 2026: A dividend of $0.11 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM).

PRNewsWire5/21/2026Neutral

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Data last updated: 7/29/2026