Merchants Bancorp (MBIN)
| Market Cap | 2.55B +58.5% |
| Revenue (ttm) | 632.34M +5.7% |
| Net Income | 228.74M +6.1% |
| EPS | 4.98 +9.6% |
| Shares Out | 45.94M |
| PE Ratio | 11.15 |
| Forward PE | 9.60 |
| Dividend | $0.44 (0.79%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | 279,161 |
| Open | 54.07 |
| Previous Close | 54.28 |
| Day's Range | 53.47 - 55.59 |
| 52-Week Range | 28.75 - 56.87 |
| Beta | 1.15 |
| Analysts | Hold |
| Price Target | 56.50 (+1.78%) |
| Earnings Date | Jul 28, 2026 |
About MBIN
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates, and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for housing development and healthcare facilities financing. This segment also offers custom... [Read more]
Financial Performance
In 2025, Merchants Bancorp's revenue was $563.69 million, a decrease of -12.80% compared to the previous year's $646.45 million. Earnings were $173.55 million, a decrease of -38.82%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for MBIN stock is "Hold." The 12-month stock price target is $56.5, which is an increase of 1.78% from the latest price.
News
Merchants Bancorp price target raised to $64 from $58 at Piper Sandler
Piper Sandler raised the firm’s price target on Merchants Bancorp (MBIN) to $64 from $58 and keeps an Overweight rating on the shares. Apart from net interest margin compression tied…
Merchants Bancorp reports Q2 EPS $1.48, consensus $1.22
“Our second quarter results reflected continued strength across our businesses, highlighted by assets reaching a new high of $21.2 billion and tangible book value per share of $39.93, marking our…
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 o...
Merchants Bancorp Earnings release: Q2 2026
Merchants Bancorp released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
Merchants Bancorp downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Merchants Bancorp (MBIN) to Market Perform from Outperform without a price target Merchant remains a highly profitable franchise, but the stock’s current risk/reward is more b...
Merchants Bancorp price target raised to $49 from $46 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Merchants Bancorp (MBIN) to $49 from $46 and keeps an Equal Weight rating on the shares. Even after the group’s 17% quarter-to-date…
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 ann...
Merchants Bancorp price target raised to $51 from $49 at Raymond James
Raymond James raised the firm’s price target on Merchants Bancorp (MBIN) to $51 from $49 and keeps an Outperform rating on the shares. Merchants Bancorp delivered a challenging Q1, as…
Merchants Bancorp price target raised to $58 from $51 at Piper Sandler
Piper Sandler raised the firm’s price target on Merchants Bancorp (MBIN) to $58 from $51 and keeps an Overweight rating on the shares. The firm views this as a mixed…
Merchants Bancorp reports Q1 EPS $1.25, consensus $1.16
Reports Q1 Tangible book value per common share reached a new record level of $38.55, increasing 10% from $34.90 at March 31, 2025, and 3% from $37.51 at December 31,…
Merchants Bancorp Reports First Quarter 2026 Results
First quarter 2026 net income of $67.7 million, increased $9.5 million, or 16%, compared to first quarter of 2025 and was relatively stable compared to the fourth quarter 2025. First quarter 2026 dilu...
Merchants Bancorp Earnings release: Q1 2026
Merchants Bancorp released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.
Merchants Bancorp Quarterly report: Q1 2026
Merchants Bancorp has published its Q1 2026 quarterly earnings report on April 28, 2026.
Merchants Bancorp Proxy statement: Proxy filing
Merchants Bancorp filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.
Merchants Bancorp Proxy statement: Proxy filing
Merchants Bancorp filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.
Merchants Bancorp price target lowered to $46 from $51 at Morgan Stanley
Morgan Stanley analyst Manan Gosalia lowered the firm’s price target on Merchants Bancorp (MBIN) to $46 from $51 and keeps an Equal Weight rating on the shares. The median bank…
Merchants Bancorp price target raised to $51 from $42 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Merchants Bancorp (MBIN) to $51 from $42 and keeps an Equal Weight rating on the shares. The firm is increasing price targets…
Merchants Bancorp raises quarterly dividend 10% to 11c per share
Payable on April 1 to shareholders of record on March 13.
Merchants Bancorp Increases Quarterly Common Dividend by 10%; Declares Quarterly Common and Preferred Dividends
CARMEL, Ind., Feb. 19, 2026 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today an...
Merchants Bancorp to replace TreeHouse in S&P 600 at open on 2/11
Investindustrial S.A. and its affiliates are acquiring Treehouse (THS) Foods in a deal expected to be completed soon, pending final closing conditions.
Merchants Bancorp reports Q4 EPS $1.28, consensus 94c
“This quarter reflects a decisive shift for Merchants. Asset quality improved meaningfully, with criticized loans down 13% and nonperforming loans reduced by nearly one-third during the quarter. We al...
Merchants Bancorp announces $100M share repurchase program
Merchants Bancorp (MBIN) announced that its Board of Directors approved a stock repurchase program of up to $100M of common stock, expiring December 31, 2027.
Merchants Bancorp Announces $100 Million Stock Repurchase Program
CARMEL, Ind., Jan. 28, 2026 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana, today announced that its Bo...
Merchants Bancorp Reports Fourth Quarter 2025 Results
The Company reported another sequential quarter of higher net income and improved asset quality, reinforcing a positive trajectory for 2026. Total assets ended the year at $19.4 billion, slightly high...
Merchants Bancorp Annual report: Q4 2025
Merchants Bancorp has published its Q4 2025 annual report on January 28, 2026.