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NASDAQ:MBINM

Merchants Bancorp (MBINM) Stock Price, News & Analysis

$26.28
+0.28 (+1.08%)
(As of 05/20/2024 ET)
Today's Range
$25.99
$26.28
50-Day Range
$24.85
$26.28
52-Week Range
$21.60
$26.50
Volume
3,567 shs
Average Volume
10,965 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.84%
Price Target
N/A
MBINM stock logo

About Merchants Bancorp Stock (NASDAQ:MBINM)

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 multi-family and healthcare facilities. 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.

MBINM Stock Price History

MBINM Stock News Headlines

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Company Calendar

Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
5/20/2024
Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
Current Symbol
NASDAQ:MBINM
Fax
N/A
Employees
618
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$612.15 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Michael F. Petrie CMB (Age 70)
    Co-founder, Chairman & CEO
    Comp: $1.89M
  • Mr. Michael J. Dunlap (Age 58)
    President, COO & Director
    Comp: $1.66M
  • Mr. John F. Macke (Age 59)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $626k
  • Mr. Martin A. Schroeter (Age 61)
    President of Warehouse Lending
    Comp: $1.21M
  • Mr. Michael R. Dury M.B.A. (Age 39)
    President & CEO of Merchants Capital Corp
    Comp: $6.29M
  • Ms. Vickie Vandivier
    Executive VP & Investment Officer
  • Mr. Kevin T. Langford (Age 56)
    Executive VP & Chief Administrative Officer
  • Tami Durle
    Manager SEC Reporting
  • Mr. Terry A. Oznick (Age 40)
    Executive VP & General Counsel
  • Mr. Jeffery L. Scott
    President & Executive VP of SBA Lending

MBINM Stock Analysis - Frequently Asked Questions

How have MBINM shares performed in 2024?

Merchants Bancorp's stock was trading at $24.15 at the start of the year. Since then, MBINM stock has increased by 8.8% and is now trading at $26.28.
View the best growth stocks for 2024 here
.

How often does Merchants Bancorp pay dividends? What is the dividend yield for Merchants Bancorp?

Merchants Bancorp announced a quarterly dividend on Thursday, May 16th. Stockholders of record on Friday, June 14th will be given a dividend of $0.5156 per share on Monday, July 1st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 7.85%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for MBINM
.

Is Merchants Bancorp a good dividend stock?

Merchants Bancorp (NASDAQ:MBINM) pays an annual dividend of $2.06 per share and currently has a dividend yield of 9.27%. MBINM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MBINM.

How do I buy shares of Merchants Bancorp?

Shares of MBINM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MBINM) was last updated on 5/21/2024 by MarketBeat.com Staff

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