MBIN — Merchants Bancorp

Nasdaq · Financials · Banks · CIK 1629019 ·
Last close
$55.18
Market Cap
$2.53B
52W High
$56.87
52W Low
$44.09
ADV30
208,107
Next earnings
2026-10-27
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026
Mar 2026
Dec 2025 184,283,000 67,849,000 19,448,943,000 212,202,000 17,168,184,000
Sep 2025 169,809,000 54,701,000 19,354,647,000 598,036,000 17,129,213,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-341,248,000
Investing CF
$-195,671,000
Financing CF
$272,511,000
CapEx
$-35,423,000
Dividends Paid
$-59,418,000
Buybacks
$-124,999,000
EPS Diluted TTM
$4.10
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$1,486,191,000
Inventory
Receivables
$81,807,000
ST Investments
$660,162,000
EBIT TTM
Pretax Income TTM
$263,800,000
Interest Exp TTM
$683,792,000
Analysts
3

Yahoo Snapshot (yfinance, live)

Total Revenue
$632,339,008
EBITDA
Free Cash Flow
Enterprise Value
$7,052,547,072
Total Cash
$316,204,000
Total Debt
$4,282,597,120
Shares Out
45,935,408
Trailing EPS
$4.98
Book Value
$40.11
ROE
11.7%
ROA
1.3%
Div Yield
0.80%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 677,240,000 218,770,000 19,448,943,000 17,168,184,000 -341,248,000
Dec 2024 666,965,000 320,386,000 18,805,732,000 16,562,422,000 -835,278,000
Dec 2023 559,330,000 279,234,000 16,952,516,000 15,251,432,000 -356,402,000
Dec 2022 439,784,000 219,721,000 12,615,227,000 11,155,488,000 975,774,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$5.99

Max Pain — expiry 2026-09-18 (volume-derived — Yahoo OI feed degraded)

max pain strike: $45.00 · spot: $55.18 · call volume: 72 · put volume: 0

Peers — same industry

TickerNameMarket CapLastDaily %
BPOPO POPULAR, INC. $2.54B $25.29
FBNC FIRST BANCORP /NC/ $2.60B $62.87
BUSE FIRST BUSEY CORP /NV/ $2.61B $30.86
SYBT Stock Yards Bancorp, Inc. $2.64B $85.10
NTB Bank of N.T. Butterfield & Son Ltd $2.43B $61.29

News headlines (Yahoo Finance, 1h cache)

Merchants Bancorp (MBIN) Beat Expectations, Is The Stock Still Undervalued?
2026-07-29 08:09 · Yahoo
Merchants Bancorp (MBIN) Q2 Earnings and Revenues Top Estimates
2026-07-28 22:00 · Yahoo
Compared to Estimates, Merchants Bancorp (MBIN) Q2 Earnings: A Look at Key Metrics
2026-07-28 22:00 · Yahoo
Merchants Bancorp’s (NASDAQ:MBIN) Q2 CY2026 Earnings Results: Revenue In Line With Expectations
2026-07-28 21:39 · Yahoo
Merchants Bancorp Reports Second Quarter of 2026 Results
2026-07-28 20:05 · Yahoo
Merchants Bancorp (MBIN) Reports Q2: Everything You Need To Know Ahead Of Earnings
2026-07-27 05:17 · Yahoo
Merchants Bancorp (MBIN) Reports Next Week: Wall Street Expects Earnings Growth
2026-07-21 14:00 · Yahoo
Here’s Why Morgan Stanley Raised Merchants Bancorp (MBIN) Stock Target
2026-07-14 15:10 · Yahoo
3 Inflated Stocks We Approach with Caution
2026-07-07 08:42 · Yahoo
3 Reasons MBIN is Risky and 1 Stock to Buy Instead
2026-06-25 15:05 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.