MBIN

Merchants Bancorp
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$2.40B
P/E Ratio
10.49
EPS
$4.98
Beta
1.14
52W High
$56.75
52W Low
$30.08
50-Day MA
$52.69
200-Day MA
$45.71
Dividend Yield
0.82%
Profit Margin
42.50%
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)$632.34M
Gross Profit (TTM)$632.34M
EBITDA—
Operating Margin61.10%
Return on Equity11.70%
Return on Assets1.33%
Revenue/Share (TTM)$13.77
Book Value$40.11
Price-to-Book1.28
Price-to-Sales (TTM)3.79
EV/Revenue10.14
EV/EBITDA—
Quarterly Earnings Growth (YoY)146.70%
Quarterly Revenue Growth (YoY)37.10%
Shares Outstanding$45.94M
Float$25.37M
% Insiders45.95%
% Institutions99.17%

Historical Volatility

HV 10-Day
15.43%
HV 20-Day
15.55%
HV 30-Day
15.13%
HV 60-Day
29.87%
HV Rank
1.6%

Volatility is currently expanding

Analyst Ratings

Consensus ($64.50 target)
1
Strong Buy
2
Hold

Latest News

New Strong Buy Stocks for August 3rd

FORM, LRCX, VRT, MBIN and SNDR have been added to the Zacks Rank #1 (Strong Buy) List on August 3rd, 2026.

Zacks Investment Research8/3/2026Positive
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

Turn research into an automated options-selling system

Tiblio connects your broker and runs your put-and-call-writing strategy for you — on MBIN and any ticker you trade — then tracks every position and per-strategy win rate.

See how it works

More FINANCIAL SERVICES Stocks

Data last updated: 9/26/2026