Merchants Bancorp (MBIN) Stock Price, News & Analysis

Company Overview

Merchants Bancorp is a diversified financial holding company headquartered in Carmel, Indiana. Through its principal subsidiary, Merchants Bank of Indiana, the company provides banking, mortgage banking and healthcare finance services to businesses, institutions and other clients.

The company's mortgage banking operations offer financing and related services for multifamily and healthcare properties, including loans for apartment communities, senior housing and other specialized real estate. Merchants also provides mortgage warehouse financing, which supplies credit facilities to mortgage lenders to fund residential loan originations before those loans are sold or securitized.

Through its banking and healthcare finance businesses, Merchants provides commercial lending, deposit products, warehouse lines of credit and financing for healthcare-related real estate and operating companies. Its activities primarily serve customers across the United States, with particular expertise in multifamily housing, healthcare facilities and mortgage lending markets.

Merchants Bancorp was established in Indiana and has expanded through the development of specialized financial services businesses. Michael R. Petrie, the company's founder, serves as its chairman and chief executive officer.

Key Stats

• Today's Range: $51.98 to $53.56
• 50-Day Range: $47.61 to $54.69
• 52-Week Range: $30.37 to $56.87
• Volume: 244,630 shs
• Average Volume: 167,694 shs
• Market Capitalization: $2.39 billion
• P/E Ratio: 8.57
• Dividend Yield: 0.84%
• Price Target: $61.67
• Consensus Rating: Hold

Merchants Bancorp Stock Analysis - MarketRank™

Merchants Bancorp scored higher than 71% of companies evaluated by MarketBeat, and ranked 404th out of 862 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Merchants Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 2 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Merchants Bancorp has a consensus price target of $61.67, representing about 18.4% upside from its current price of $52.09.

Amount of Analyst Coverage

Merchants Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.16%

Earnings Growth

Earnings for Merchants Bancorp are expected to grow by 9.16% in the coming year, from $5.57 to $6.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Merchants Bancorp is 8.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Merchants Bancorp is 8.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.31.

Price to Book Value per Share Ratio

Merchants Bancorp has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.79% of the float of Merchants Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Merchants Bancorp has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Merchants Bancorp has recently increased by 0.53%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Merchants Bancorp has a dividend yield of 0.85%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Merchants Bancorp has been increasing its dividend for 8 years.

Dividend Coverage

The dividend payout ratio of Merchants Bancorp is 7.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Merchants Bancorp will have a dividend payout ratio of 7.24% next year. This indicates that Merchants Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.72

News Sentiment

Merchants Bancorp has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Merchants Bancorp this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Merchants Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

44.90% of the stock of Merchants Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

24.57% of the stock of Merchants Bancorp is held by institutions.

Company Calendar

• Record date for 10/1 Dividend: 9/15/2026
• Ex-Dividend for 10/1 Dividend: 9/15/2026
• Dividend Payable: 10/01/2026
• Last Earnings: 10/28/2026
• Today: 10/31/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:MBIN
• CIK: 1629019
• Web: www.bankmerchants.com
• Phone: (317) 569-7420
• Fax: 317-569-6481
• Employees: 735
• Year Founded: 1897

Price Target and Rating

• Average Price Target for Merchants Bancorp: $61.67
• High Price Target: $68.00
• Low Price Target: $51.00
• Potential Upside/Downside: +18.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.07
• Trailing P/E Ratio: 8.57
• Forward P/E Ratio: 9.35
• P/E Growth: N/A
• Net Income: $218.77 million
• Net Margins: 22.73%
• Pretax Margin: 27.89%
• Return on Equity: 17.52%
• Return on Assets: 1.56%

Debt

• Debt-to-Equity Ratio: 1.56
• Current Ratio: 1.11
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $1.37 billion
• Price / Sales: 1.75
• Cash Flow: $4.85 per share
• Price / Cash Flow: 10.74
• Book Value: $42.06 per share
• Price / Book: 1.24

Miscellaneous

• Outstanding Shares: 45,940,000
• Free Float: 25,312,000
• Market Cap: $2.39 billion
• Optionable: Optionable
• Beta: 1.21