Merchants Bancorp (MBIN)
| Market Cap | 2.38B +62.0% |
| Revenue (ttm) | 703.44M +17.8% |
| Net Income | 279.22M +29.4% |
| EPS | 6.07 +39.8% |
| Shares Out | 45.94M |
| PE Ratio | 8.53 |
| Forward PE | 8.83 |
| Dividend | $0.44 (0.85%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 93,146 |
| Open | 51.69 |
| Previous Close | 52.14 |
| Day's Range | 51.10 - 52.15 |
| 52-Week Range | 30.37 - 56.87 |
| Beta | 1.19 |
| Analysts | Hold |
| Price Target | 67.00 (+29.44%) |
| Earnings Date | Oct 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 $67.0, which is an increase of 29.44% from the latest price.
News
Merchants Bancorp price target raised to $66 from $65 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Merchants Bancorp (MBIN) to $66 from $65 and keeps an Equal Weight rating on the shares.
Merchants Bancorp price target raised to $68 from $63 at Piper Sandler
Piper Sandler raised the firm’s price target on Merchants Bancorp (MBIN) to $68 from $63 and keeps an Overweight rating on the shares. The firm believes Merchants is continuing to…
Merchants Bancorp reports Q3 EPS $2.06 vs. $1.48 last year
“Our third-quarter results demonstrate the strength of our diversified business model and disciplined execution across the Company. Earnings increased significantly, tangible book value per common sha...
Merchants Bancorp Reports Third Quarter of 2026 Results
Net income of $105.2 million in the third quarter of 2026 increased $50.5 million, or 92%, compared to the third quarter of 2025, and increased $26.9 million, or 34%, compared to the second quarter of...
Merchants Bancorp Earnings release: Q3 2026
Merchants Bancorp released its Q3 2026 earnings on October 28, 2026, summarizing the period's financial results.
Merchants Bancorp Quarterly report: Q3 2026
Merchants Bancorp has published its Q3 2026 quarterly earnings report on October 28, 2026.
Merchants Bancorp price target lowered to $63 from $64 at Piper Sandler
Piper Sandler analyst Nathan Rice lowered the firm’s price target on Merchants Bancorp (MBIN) to $63 from $64 and keeps an Overweight rating on the shares. The firm is making…
Merchants Bancorp assumed with an Equal Weight at Morgan Stanley
Morgan Stanley assumed coverage of Merchants Bancorp (MBIN) with an Equal Weight rating and a price target of $65, up from $49, while assuming coverage of 12 midcap banks. Since…
Merchants Bancorp Slides: Investor presentation
Merchants Bancorp has posted slides in relation to its latest quarterly earnings report, which was published on September 3, 2026.
Merchants Bancorp management to meet with Piper Sandler
Meeting to be held on August 27-28 hosted by Piper Sandler.
Merchants Bancorp Declares Quarterly Common and Preferred Dividends
CARMEL, Ind., Aug. 20, 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 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 Quarterly report: Q2 2026
Merchants Bancorp has published its Q2 2026 quarterly earnings report on July 28, 2026.
Merchants Bancorp Slides: Q2 2026
Merchants Bancorp has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
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 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.