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NASDAQ · Banks - Regional · USD

Merchants Bancorp (MBINL) Stock Analysis

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

MBINL

$24.95

+$0.02 (+0.10%)

Sep 4, 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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MBINL Key Statistics

As of Sep 4, 2026
Trading
Open
$24.99
Previous Close
$24.92
Day's Range
24.91–25.05
52-Week Range
22.56–25.34
Volume
5.80K
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.
1.14
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%
1-Year Return
+16.91%
Dividend and dates
Dividend
$1.91+7.65%
Ex-Dividend Date
September 15, 2026
Avg Volume
14.48K

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

MBINL Stock Return by Calendar Year

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

YearReturn
2026 (partial year)+14.12%
2025−2.62%
2024 (partial year)+1.93%

As of September 4, 2026.

MBINL 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.

MBINL Dividend History

$1.91+873.5% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.952—
2025$1.914+873.5%
2024$0.201—

Most recent payment: $0.48 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.

MBINL Valuation vs Banks - Regional Median

Median of 380 stocks
MetricMBINLBanks - Regional medianvs median
Profit margin42.47%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.

Analysis

Data-derived

Company Overview

The record here covers Merchants Bancorp, ticker MBINL. It is classified in the Banks - Regional industry, within the Financial Services sector. The company reports 735 employees.

MBINL last closed at $24.95 on September 4, 2026. That is +$0.02 (+0.10%) against the previous close. Over the past 52 weeks the price has ranged from $22.56 to $25.34. The latest close sits 10.57% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $677.24M. Against the prior fiscal year total of $666.97M, that is a change of +1.54%. 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%.

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

Beta against the wider market is reported at 1.14. Annualized volatility over the trailing 1 year is 9.73%. Over the trailing twelve months the price has returned +16.91%. The stored price history starts on November 19, 2024, and the total return since then is +13.27%.

Growth & Income

MBINL pays a dividend yielding 7.65%. That is 5 percentage points above the Banks - Regional median yield of 2.7%. The indicated annual rate is $1.91 a share. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 3 calendar years; 2026 shows 2 payments totalling $0.95 a share. The year before, 2025, totalled $1.91 a share.

So far in 2026 the price is +14.12%. The record holds one complete calendar year, 2025, which returned −2.62%.

Peer Comparison

Merchants Bancorp (MBINL) 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 MBINL — —
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 has no P/E ratio because it is not currently profitable.

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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About Merchants Bancorp

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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