Merchants Bancorp (MBIN)

NASDAQ: MBIN · IEX Real-Time Price · USD
23.31
-0.43 (-1.81%)
May 18, 2022 12:55 PM EDT - Market open
Market Cap1.01B
Revenue (ttm)413.95M
Net Income (ttm)192.42M
Shares Out43.27M
EPS (ttm)4.43
PE Ratio5.26
Forward PEn/a
Dividend$0.28 (1.20%)
Ex-Dividend DateMar 14, 2022
Volume22,726
Open23.41
Previous Close23.74
Day's Range23.00 - 23.52
52-Week Range22.11 - 33.57
Beta1.02
AnalystsBuy
Price Target37.74 (+61.9%)
Earnings DateApr 27, 2022

About MBIN

Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The ...

IndustryThrifts & Mortgage Finance
IPO DateOct 27, 2017
Employees481
Stock ExchangeNASDAQ
Ticker SymbolMBIN
Full Company Profile

Financial Performance

In 2021, MBIN's revenue was $430.32 million, an increase of 26.64% compared to the previous year's $339.78 million. Earnings were $227.10 million, an increase of 25.80%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MBIN stock is "Buy." The 12-month stock price forecast is 37.74, which is an increase of 61.90% from the latest price.

Price Target
$37.74
(61.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Merchants Bancorp (MBIN) Tops Q1 Earnings Estimates

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 2% and 0.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Merchants Bancorp Reports First Quarter 2022 Results

First quarter 2022 net income of $50.1 million decreased 19% compared to the first quarter of 2021 and decreased 9% compared to the fourth quarter of 2021 First quarter 2022 diluted earnings per common ...

2 weeks ago - PRNewsWire

Merchants Bancorp Takes First Place in US Bank Performance Ranking for 2021

CARMEL, Ind. , March 24, 2022 /PRNewswire/ -- Merchants Bancorp (NASDAQ: MBIN) today announces it has been recognized as the best-performing bank in the country according to the 2021 S&P Global Market I...

1 month ago - PRNewsWire

Merchants Bancorp Increases Quarterly Common Dividend by 17%; Declares Quarterly Common and Preferred Dividends

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 t...

3 months ago - PRNewsWire

Merchants Capital Provides Record $7 Billion in Debt Financing in 2021

CARMEL, Ind., Feb. 14, 2022 /PRNewswire/ -- (Nasdaq: MBIN) Merchants Capital closed a record $7 billion in debt production in 2021, shattering the firm's previous record of $4.7 billion in financing in ...

3 months ago - PRNewsWire

Are Investors Undervaluing Merchants Bancorp (MBIN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Merchants Bancorp (MBIN) Q4 Earnings and Revenues Surpass Estimates

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 61.32% and 14.52%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Merchants Bancorp Reports Full Year and Fourth Quarter 2021 Results

CARMEL, Ind., Jan. 31, 2022 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported fourth quarter 2021 net income of...

3 months ago - PRNewsWire

Earnings Preview: Merchants Bancorp (MBIN) Q4 Earnings Expected to Decline

Merchants Bancorp (MBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Merchants Bancorp (MBIN) is on the Move, Here's Why the Trend Could be Sustainable

Merchants Bancorp (MBIN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it thro...

4 months ago - Zacks Investment Research

Merchants Bancorp (MBIN) Is a Great Choice for "Trend" Investors, Here's Why

Merchants Bancorp (MBIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

4 months ago - Zacks Investment Research

Best Value Stocks to Buy for December 23rd

LAZY, FUNC, MBIN, and SBFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 23, 2021

Other symbols:FUNCLAZYSBFG
4 months ago - Zacks Investment Research

Merchants Capital Closes Two Tax Credit Equity Funds Totaling $233.4 Million

CARMEL, Ind., Dec. 22, 2021 /PRNewswire/ -- (Nasdaq: MBIN) Merchants Capital announced today the closing of two tax credit equity funds totaling more than $233.4 million.

4 months ago - PRNewsWire

Best Value Stocks to Buy for December 6th

GHLD, TGH, MBIN, and PAG made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 6, 2021.

Other symbols:GHLDPAGTGH
5 months ago - Zacks Investment Research

Merchants Bancorp (MBIN) Moves to Strong Buy: Rationale Behind the Upgrade

Merchants Bancorp (MBIN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

5 months ago - Zacks Investment Research

Merchants (MBIN) Approves Stock Split & Renewal of Buyback Plan

Merchants Bancorp's (MBIN) board approves a renewal and increase in the share repurchase plan. The company also announces a three-for-two stock split.

6 months ago - Zacks Investment Research

Merchants Bancorp Announces 3-for-2 Stock Split and Declares Quarterly Common and Preferred Dividends

CARMEL, Ind., Nov. 17, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today anno...

6 months ago - PRNewsWire

Merchants Bancorp Announces Renewal of Stock Repurchase Program

CARMEL, Ind., Nov. 17, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today anno...

6 months ago - PRNewsWire

Earnings Estimates Rising for Merchants Bancorp (MBIN): Will It Gain?

Merchants Bancorp (MBIN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

First Merchants Bancorp Acquires Level One Bancorp For $323.5M

First Merchants Corporation (NASDAQ: FRME) of Muncie, Indiana, is acquiring Level One Bancorp Inc. (NASDAQ: LEVL) of Farmington Hills, Michigan, in a stock and cash transaction valued at approximately $...

Other symbols:FRME
6 months ago - Benzinga

Merchants Bancorp (MBIN) Q3 Earnings and Revenues Surpass Estimates

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 24.49% and 17.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Merchants Bancorp Reports Third Quarter 2021 Results

CARMEL, Indiana, Oct. 28, 2021 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported third quarter 2021 net income ...

6 months ago - PRNewsWire

Analysts Estimate Merchants Bancorp (MBIN) to Report a Decline in Earnings: What to Look Out for

Merchants Bancorp (MBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Why Farmers & Merchants Bancorp Inc. (FMAO) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Farmers & Merchants Bancorp Inc. (FMAO) have what it takes?

Other symbols:FMAOFMCB
7 months ago - Zacks Investment Research

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

CARMEL, Ind., Aug. 19, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today anno...

8 months ago - PRNewsWire