Merchants Bancorp (MBIN)
| Market Cap | 1.58B |
| Revenue (ttm) | 621.41M |
| Net Income (ttm) | 247.87M |
| Shares Out | 45.88M |
| EPS (ttm) | 5.44 |
| PE Ratio | 6.35 |
| Forward PE | 7.29 |
| Dividend | $0.40 (1.21%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 172,982 |
| Open | 32.78 |
| Previous Close | 33.07 |
| Day's Range | 32.78 - 35.07 |
| 52-Week Range | 27.25 - 53.27 |
| Beta | 1.29 |
| Analysts | Buy |
| Price Target | 47.50 (+37.6%) |
| Earnings Date | Jul 28, 2025 |
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 multi-family rental housing and healthcare facilities financing. This segment also offer... [Read more]
Financial Performance
In 2024, Merchants Bancorp's revenue was $646.45 million, an increase of 23.72% compared to the previous year's $522.51 million. Earnings were $283.65 million, an increase of 15.98%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for MBIN stock is "Buy." The 12-month stock price target is $47.5, which is an increase of 37.60% from the latest price.
News
Merchants Bancorp: Shifting Away From The Common Shares To Its Newest Preferred Share
I'm downgrading MBIN common shares to Hold due to deteriorating loan performance impacting earnings outlook. Net interest income dropped for the first time in three years, signaling lower rates may no...
Merchants Bancorp Declares Quarterly Common and Preferred Dividends
CARMEL, Ind. , May 15, 2025 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today an...
Merchants Bancorp Reports First Quarter 2025 Results
First quarter 2025 net income of $58.2 million, decreased $28.8 million compared to first quarter of 2024 and decreased $37.4 million compared to the fourth quarter 2024, reflecting market uncertainty...
Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends
CARMEL, Ind. , Feb. 20, 2025 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today a...
Merchants Bancorp Reports Fourth Quarter 2024 Results
Full year 2024 net income of $320.4 million set a new Company record, increasing 15% compared to 2023. Full year 2024 diluted earnings per common share of $6.30 reached the highest level in Company hi...
Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting ...
MBIN Stockholders: Robbins LLP is Investigating the Officers and Directors of Merchants Bancorp to Determine if They Breached Fiduciary Duties Owed to Shareholders
SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Merchants Bancorp (NASDAQ: MBIN) to determine whether certain Merchants Bancorp officers and director...
First Look At MBINL, The New Preferred Stock IPO From Merchants Bancorp
Merchants Bancorp's new 7.652% Series E Non-Cumulative Perpetual Preferred Stock presents an attractive yield and holds a Ba3 rating, positioning it as a valuable addition to our portfolio. The compan...
New Preferred Stock IPOs, November 2024
September saw three new preferred stock offerings with yields between 7% and 8%, including SPMC, Merchants Bancorp, and Aspen Insurance Holdings. CDx3 preferreds ranked 10 out of 10 are selling at an ...
Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares
CARMEL, Ind. , Nov. 26, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today a...
Merchants Bancorp Closes Depositary Share Offering
CARMEL, Ind. , Nov. 25, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today announced the closing of its previously announced underw...
Merchants Bancorp Prices Depositary Share Offering
CARMEL, Ind. , Nov. 18, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), a holding company that operates through its wholly owned subsidiary, Merchants Bank of Indiana ("Merchants ...
Merchants Bancorp: Earnings Trouble Opens Up Income Opportunity
Merchants Bancorp's shares dropped nearly 20% after earnings, presenting an opportunity to sell short-term cash secured put options for income. Despite higher borrowing costs, net interest income is r...
Merchants Bancorp Reports Third Quarter 2024 Results
Third quarter 2024 net income of $61.3 million, decreased 25% compared to third quarter of 2023 and decreased 20% compared to the second quarter 2024, reflecting unfavorable fair market value adjustme...
Merchants Bancorp: A Shift To The Floating Preferred
Merchants Bancorp's financial performance has been strong, with net interest income growing despite rising interest expenses. Loan and deposit growth remain robust, with year-over-year loan growth ove...
Merchants Bancorp Appoints Sean Sievers as Chief Financial Officer
CARMEL, Ind. , Sept. 11, 2024 /PRNewswire/ -- Merchants Bancorp (the "Company")(NASDAQ: MBIN) and its wholly owned subsidiary, Merchants Bank, have announced the appointment of Sean Sievers as its new...
Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans
CARMEL, Ind. , Aug. 1, 2024 /PRNewswire/ -- (Nasdaq: MBIN) Leading financial services provider Merchants Capital today announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured ...
Merchants Bancorp Reports Second Quarter 2024 Results
Second quarter 2024 net income of $76.4 million, increased 17% compared to second quarter of 2023 and decreased 12% compared to the first quarter 2024. Second quarter 2024 diluted earnings per common ...
Merchants Bancorp And Preferreds Reviewed
Merchants Bancorp has several preferred stocks, including fixed rate and floating rate issues. The bank recently called one of its preferred stocks, indicating its strong financial position. The bank ...
Merchants Bancorp Announces Pricing of Common Stock Offering
CARMEL, Ind. , May 13, 2024 /PRNewswire/ -- Merchants Bancorp (Nasdaq: MBIN) ("Merchants" or the "Company"), a holding company that operates through its wholly owned banking subsidiary, Merchants Bank...
Merchants Bancorp Announces Launch of Common Stock Offering
CARMEL, Ind. , May 13, 2024 /PRNewswire/ -- Merchants Bancorp (Nasdaq: MBIN) ("Merchants" or the "Company"), a holding company that operates through its wholly owned banking subsidiary, Merchants Bank...
Merchants Bancorp Reports First Quarter 2024 Results
First quarter 2024 net income of $87.1 million was the Company's highest quarterly earnings ever recorded, increasing 58% compared to first quarter of 2023 and increasing 12% compared to the fourth qu...
Merchants Bancorp Announces Redemption of Its Series A Preferred Stock
CARMEL, Ind. , Feb. 28, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN) today announced that on April 1, 2024 it will redeem all outstanding shares of its 7.00% Fixed-to-Floating R...
Merchants Bancorp Increases Quarterly Common Dividend by 13%; Declares Quarterly Common and Preferred Dividends
CARMEL, Ind. , Feb. 14, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today a...