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StockVS

NASDAQ · Banks - Regional · USD

Merchants Bancorp Common Stock (MBIN) Stock Analysis

Merchants Bancorp Common Stock (MBIN) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

MBIN

$47.76

−$0.66 (−1.36%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MBIN Key Statistics

As of Oct 21, 2026
Trading
Open
$48.70
Previous Close
$48.42
Day's Range
47.34–48.70
52-Week Range
30.37–56.87
Volume
162.06K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.21
Valuation
Market Cap
$2.19B
P/E Ratio
9.59
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
7.95
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.47
EPS (ttm)Profit attributable to each share over the last twelve months.
4.98
Financials (FY)
Revenue (FY)
$677.24M+1.54%
Net Income (FY)
$218.77M−31.72%
Profit marginThe share of revenue left as profit after all costs and taxes.
42.47%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
45.94M
1-Year Return
+49.82%
Dividend and dates
Dividend
$0.44+0.91%
Ex-Dividend Date
September 15, 2026
Earnings Date
October 28, 2026
Avg Volume
186.24K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, MBIN closed at $47.76, +49.82% over 1 year.

Merchants Bancorp Common Stock (MBIN) has a market capitalization of $2.19B.

In fiscal 2025, MBIN reported revenue of $677.24M.

MBIN Stock Return by Calendar Year

Merchants Bancorp Common Stock (MBIN) return since Oct 2017: what $10,000 became

1 year
$10,000 $14,982
+49.82%
5 years
$10,000 $17,624
+76.24%
Since Oct 2017
$10,000 $47,164
+371.64%

If you had invested $10,000 in Merchants Bancorp Common Stock (MBIN) at the close on October 27, 2017, the earliest close on record here, it would have been worth $47,164 at the close on October 21, 2026: +371.64% in total, +18.85% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+40.90%
2025−5.51%
2024−13.59%
2023+77.01%
2022−22.06%
2021+72.80%
2020+42.55%
2019+0.30%
2018+2.43%
2017 (partial year)+17.43%

As of October 21, 2026.

MBIN Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$677.24M$218.77M32.3%
2024$666.97M$320.39M48.0%
2023$559.33M$279.23M49.9%
2022$439.78M$219.72M50.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$677.24M——$218.77M32.3%
2024$666.97M——$320.39M48.0%
2023$559.33M——$279.23M49.9%
2022$439.78M——$219.72M50.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MBIN Dividend History

$0.40+11.1% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.333—
2025$0.404+11.1%
2024$0.364+12.5%
2023$0.324+14.3%
YearDividends per sharePaymentsChange
2026 (partial year)$0.333—
2025$0.404+11.1%
2024$0.364+12.5%
2023$0.324+14.3%
2022$0.284+16.7%
2021$0.244+12.5%
2020$0.214+14.3%
2019$0.194+16.7%
2018$0.164+380.0%
2017$0.031—

Most recent payment: $0.11 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MBIN Valuation vs Banks - Regional Median

Median of 326 stocks
MetricMBINBanks - Regional medianvs median
P/E9.5912.0320% below
P/S ratio3.473.583% below
Profit margin42.47%29.44%13.0 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 11 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Merchants Bancorp Common Stock (MBIN) is capitalised at $2.19B on the latest close. The company sits in the Financial Services sector, in the Banks - Regional industry. The company reports 735 employees.

The most recent close on file for MBIN is $47.76, dated October 21, 2026. That is −$0.66 (−1.36%) against the previous close. The 52-week range on file runs from $30.37 to $56.87. The latest close sits 57.26% above that 52-week low.

Financial Health

In fiscal 2025, Merchants Bancorp Common Stock reported revenue of $677.24M. That is +1.54% against the prior fiscal year, when revenue was $666.97M. Net income for the same year was $218.77M. That is −31.72% against the prior fiscal year. The reported profit margin is 42.47%. That is 13 percentage points above the Banks - Regional median of 29.44%. Trailing earnings per share are 4.98.

Across the 4 fiscal years on file, revenue moves from $439.78M in 2022 to $677.24M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 9.59. That is 20.28% below the Banks - Regional median of 12.03. On forward earnings the ratio is 7.95. Measured against sales, the shares trade at 3.47 times revenue. On price-to-sales that is 3.04% below the Banks - Regional median of 3.58. The medians here are taken across 326 Banks - Regional companies that report the metric.

The trailing one-year total return is +49.82%. Across 5 years the annualized return works out at +12.00%. Beta against the wider market is reported at 1.21. Annualized volatility over the trailing 9 years is 39.78%.

Growth & Income

Shareholders receive a dividend, yielding 0.91% on the latest price. That is 1.8 percentage points below the Banks - Regional median yield of 2.68%. At the indicated rate that is $0.44 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 10 calendar years; 2026 shows 3 payments totalling $0.33 a share. The year before, 2025, totalled $0.40 a share.

2026 is still running; the total return is +40.90% year to date. Across the complete calendar years on file, 2023 returned +77.01% and 2022 returned −22.06%. Of the 8 complete calendar years on file, 5 finished higher.

Peer Comparison

Merchants Bancorp Common Stock (MBIN) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Merchants Bancorp Common Stock MBIN $2.19B 9.6
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. Merchants Bancorp Common Stock trades at a P/E of 9.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Merchants Bancorp Common Stock

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 customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

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