Price History

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

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MBIN Key Statistics

As of Sep 4, 2026

Trading

Open: $52.17
Previous Close: $52.60
Day's Range: 52.01–53.08
52-Week Range: 30.37–56.87
Volume: 156.10K
Beta: 1.14

Valuation

Market Cap: $2.42B
P/E Ratio: 10.58
Forward P/E: 8.79
P/S ratio: 3.83
EPS (ttm): 4.98

Financials (FY)

Revenue (FY): $677.24M+1.54%
Net Income (FY): $218.77M−31.72%
Profit margin: 42.47%
Shares Outstanding: 45.94M
1-Year Return: +61.54%

Dividend and dates

Dividend: $0.44+0.84%
Ex-Dividend Date: September 15, 2026
Earnings Date: October 27, 2026estimated
Avg Volume: 175.22K

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

MBIN Stock Return by Calendar Year

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

−22.06%+77.01%+55.41%

2017*201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+55.41%
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 September 4, 2026.

MBIN Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$677.24M	$218.77M	32.3%
2024	$666.97M	$320.39M	48.0%
2023	$559.33M	$279.23M	49.9%
2022	$439.78M	$219.72M	50.0%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$677.24M	—	—	$218.77M	32.3%
2024	$666.97M	—	—	$320.39M	48.0%
2023	$559.33M	—	—	$279.23M	49.9%
2022	$439.78M	—	—	$219.72M	50.0%

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

MBIN Dividend History

’17’18’19’20’21’22’23’24’25’26*

$0.40+11.1% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$0.22	2	—
2025	$0.40	4	+11.1%
2024	$0.36	4	+12.5%
2023	$0.32	4	+14.3%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.22	2	—
2025	$0.40	4	+11.1%
2024	$0.36	4	+12.5%
2023	$0.32	4	+14.3%
2022	$0.28	4	+16.7%
2021	$0.24	4	+12.5%
2020	$0.21	4	+14.3%
2019	$0.19	4	+16.7%
2018	$0.16	4	+380.0%
2017	$0.03	1	—

Most recent payment: $0.11 per share, ex-dividend June 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 380 stocks

Metric	MBIN	Banks - Regional median	vs median
P/E	10.58	12.62	16% below
P/S ratio	3.83	3.77	1% above
Profit margin	42.47%	29.15%	13.3 pts above

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

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

Analysis

Data-derived

Company Overview

Merchants Bancorp Common Stock (MBIN) is capitalised at $2.42B 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 $52.68, dated September 4, 2026. That is +$0.08 (+0.15%) against the previous close. The 52-week range on file runs from $30.37 to $56.87. The latest close sits 73.46% 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 13.3 percentage points above the Banks - Regional median of 29.15%. 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 10.58. That is 16.16% below the Banks - Regional median of 12.62. On forward earnings the ratio is 8.79. Measured against sales, the shares trade at 3.83 times revenue. On price-to-sales that is 1.49% above the Banks - Regional median of 3.77. The medians here are taken across 380 Banks - Regional companies that report the metric.

The trailing one-year price return is +61.54%. Across 5 years the annualized return works out at +18.00%. Beta against the wider market is reported at 1.14. Annualized volatility over the trailing 8 years is 40.89%.

Growth & Income

Shareholders receive a dividend, yielding 0.84% on the latest price. That is 1.9 percentage points below the Banks - Regional median yield of 2.7%. 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 2 payments totalling $0.22 a share. The year before, 2025, totalled $0.40 a share.

2026 is still running; the price is +55.41% 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	$2.42B	10.6
Mizuho Financial Group, Inc.	MFG	$135.92B	16.0
HDFC Bank Limited	HDB	$119.10B	16.0
ICICI Bank Limited	IBN	$108.74B	18.7

The Banks - Regional industry average P/E ratio is 12.6x. Merchants Bancorp Common Stock trades at a P/E of 10.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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USB

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PNC

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$97.98B

ITUB

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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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Merchants Bancorp Common Stock (MBIN) Stock Analysis