Merchants Bancorp (MBIN)

Market Cap	2.13B +41.7%
Revenue (ttm)	585.48M -5.8%
Net Income	188.42M -21.7%
EPS	4.10 -24.6%
Shares Out	45.94M
PE Ratio	11.29
Forward PE	8.83
Dividend	$0.44 (0.95%)
Ex-Dividend Date	Jun 15, 2026

Volume	137,602
Open	46.73
Previous Close	47.14
Day's Range	45.58 - 47.19
52-Week Range	28.75 - 50.26
Beta	1.16
Analysts	Buy
Price Target	51.67 (+11.6%)
Earnings Date	Apr 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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 27, 2017
• Employees: 735
• Stock Exchange: NASDAQ
• Ticker Symbol: MBIN
• Website: https://bankmerchants.com

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%.

Analyst Summary

According to 3 analysts, the average rating for MBIN stock is "Buy." The 12-month stock price target is $51.67, which is an increase of 11.60% from the latest price.

Price Target

$51.67

(11.60% upside)

Analyst Consensus: Buy