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Merchants BancorpNasdaqCM:MBIN.M Stock Report

Market Cap US$2.2b
Share Price
US$25.27
US$25.88
2.4% undervalued intrinsic discount
1Y0.5%
7D0.6%
Portfolio Value
View

Merchants Bancorp

NasdaqCM:MBIN.M Stock Report

Market Cap: US$2.2b

Merchants Bancorp (MBIN.M) Stock Overview

Operates as the diversified bank holding company in the United States. More details

MBIN.M fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends2/6

Rewards

Risk Analysis

No risks detected for MBIN.M from our risk checks.

MBIN.M Community Fair Values

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Merchants Bancorp Competitors

Price History & Performance

Summary of share price highs, lows and changes for Merchants Bancorp
Historical stock prices
Current Share PriceUS$25.27
52 Week HighUS$25.96
52 Week LowUS$24.00
Beta1.16
1 Month Change0.80%
3 Month Change-0.39%
1 Year Change0.52%
3 Year Change4.42%
5 Year Changen/a
Change since IPO1.90%

Recent News & Updates

Recent updates

Shareholder Returns

MBIN.MUS Diversified FinancialUS Market
7D0.6%1.6%4.2%
1Y0.5%-9.5%29.0%

Return vs Industry: MBIN.M exceeded the US Diversified Financial industry which returned -10.8% over the past year.

Return vs Market: MBIN.M underperformed the US Market which returned 27.4% over the past year.

Price Volatility

Is MBIN.M's price volatile compared to industry and market?
MBIN.M volatility
MBIN.M Average Weekly Movement1.5%
Diversified Financial Industry Average Movement6.6%
Market Average Movement7.1%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: MBIN.M has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MBIN.M's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990735Mike Petrieinvestors.merchantsbancorp.com

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.

Merchants Bancorp Fundamentals Summary

How do Merchants Bancorp's earnings and revenue compare to its market cap?
MBIN.M fundamental statistics
Market capUS$2.20b
Earnings (TTM)US$173.55m
Revenue (TTM)US$563.69m
12.6x
P/E Ratio
3.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MBIN.M income statement (TTM)
RevenueUS$563.69m
Cost of RevenueUS$0
Gross ProfitUS$563.69m
Other ExpensesUS$390.14m
EarningsUS$173.55m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.78
Gross Margin100.00%
Net Profit Margin30.79%
Debt/Equity Ratio168.8%

How did MBIN.M perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
11%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/14 21:26
End of Day Share Price 2026/04/14 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Merchants Bancorp is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manan GosaliaMorgan Stanley
Manan GosaliaMorgan Stanley
Nathan RacePiper Sandler Companies