MBIN

Merchants Bancorp NASDAQ

Financial Services ·Banks - Regional ·US · merchantsbancorp.com

$46.36

Mkt Cap $2.1B

52w Low $28.75 81.9% of range 52w High $50.26

50d MA $44.65 200d MA $36.78

P/E (TTM) 12.3x

EV/EBITDA 20.2x

P/B 0.9x

Debt/Equity 1.7x

ROE 9.6%

P/FCF -4.1x

RSI (14) —

ATR (14) —

Beta 1.16

50d MA $44.65

200d MA $36.78

Avg Volume 339.6K

About

Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent …

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	Guide ▲★
Apr 28, 2026	AMC	1.16	1.25	+7.8%	49.63	-0.3%	-9.3%	-6.2%	-6.1%	-7.5%	-7.3%	—
Jan 28, 2026	AMC	0.94	1.28	+36.2%	34.95	+6.8%	+15.7%	+18.6%	+22.0%	+20.3%	+22.3%	—
Oct 28, 2025	AMC	0.79	0.97	+22.8%	32.39	+3.4%	-2.0%	-3.5%	-3.7%	-3.1%	-2.8%	—
Jul 28, 2025	AMC	1.12	0.60	-46.4%	35.06	-3.8%	-10.8%	-11.4%	-16.4%	-16.8%	-13.9%	—
Apr 28, 2025	AMC	1.25	0.93	-25.6%	33.60	-10.0%	-8.6%	-10.5%	-8.6%	-6.8%	-7.4%	—
Jan 28, 2025	AMC	1.30	1.85	+42.3%	39.76	+8.3%	+6.5%	+7.0%	+5.5%	+2.7%	+5.6%	—
Oct 28, 2024	AMC	1.42	1.17	-17.6%	43.89	-6.2%	-17.9%	-18.1%	-15.8%	-17.2%	-17.2%	—
Jul 29, 2024	AMC	1.57	1.49	-5.1%	52.10	-4.0%	-15.0%	-13.6%	-17.7%	-21.7%	-24.0%	—
Apr 29, 2024	AMC	1.37	1.80	+31.4%	39.27	+1.9%	+2.7%	+5.9%	+9.5%	+16.8%	+19.3%	—
Jan 29, 2024	AMC	1.44	1.58	+9.7%	43.92	+5.7%	+4.4%	-0.4%	-4.0%	-6.3%	-9.4%	—
Oct 26, 2023	AMC	1.32	1.68	+27.3%	26.62	+5.5%	+10.1%	+11.5%	+12.3%	+14.4%	+18.3%	—
Jul 27, 2023	AMC	1.23	1.31	+6.5%	30.16	+1.4%	+1.9%	+4.8%	+5.0%	+3.3%	+3.2%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Mar 2	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$42.28	$42.03	-0.6%	+2.6%	+1.8%	+0.5%	-1.2%	-1.8%
Jan 30	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$40.44	$40.37	-0.2%	+2.5%	+5.4%	+4.0%	+5.7%	+4.3%
Oct 30	Piper Sandler	Maintains	Overweight → Overweight	—	$31.75	$31.80	+0.2%	-1.5%	-1.8%	-1.2%	-0.9%	+0.7%
Oct 29	Raymond James	Maintains	Outperform → Outperform	—	$32.39	$33.49	+3.4%	-2.0%	-3.5%	-3.7%	-3.1%	-2.8%
Sep 29	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$32.05	$32.13	+0.2%	-0.1%	-0.8%	-0.3%	-0.2%	+0.4%
Jul 30	Piper Sandler	Maintains	Overweight → Overweight	—	$31.26	$31.21	-0.2%	-0.7%	-6.3%	-6.7%	-3.4%	-1.4%
Jul 29	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$35.06	$33.74	-3.8%	-10.8%	-11.4%	-16.4%	-16.8%	-13.9%
Jul 29	Raymond James	Maintains	Outperform → Outperform	—	$35.06	$33.74	-3.8%	-10.8%	-11.4%	-16.4%	-16.8%	-13.9%
Apr 29	Raymond James	Maintains	Outperform → Outperform	—	$33.60	$30.25	-10.0%	-8.6%	-10.5%	-8.6%	-6.8%	-7.4%
Apr 2	Raymond James	Maintains	Outperform → Outperform	—	$36.84	$36.35	-1.3%	+0.9%	-8.6%	-9.3%	-9.4%	-9.8%
Mar 13	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$36.60	$36.58	-0.1%	+0.1%	+3.6%	+4.6%	+4.4%	+6.6%
Jan 30	Piper Sandler	Maintains	Overweight → Overweight	—	$42.35	$43.14	+1.9%	+0.5%	-1.0%	-3.6%	-0.8%	+1.3%
Jan 30	Raymond James	Maintains	Outperform → Outperform	—	$42.35	$43.14	+1.9%	+0.5%	-1.0%	-3.6%	-0.8%	+1.3%
Nov 26	Piper Sandler	Maintains	Overweight → Overweight	—	$41.42	$41.41	-0.0%	+0.6%	-0.2%	-0.3%	-1.3%	-3.4%
Oct 30	Piper Sandler	Maintains	Overweight → Overweight	—	$36.03	$36.00	-0.1%	-0.2%	+2.5%	+0.8%	+0.9%	+2.7%
Oct 29	Raymond James	Maintains	Outperform → Outperform	—	$43.89	$41.18	-6.2%	-17.9%	-18.1%	-15.8%	-17.2%	-17.2%
Jul 30	Raymond James	Downgrade	Strong Buy → Outperform	—	$52.10	$50.00	-4.0%	-15.0%	-13.6%	-17.7%	-21.7%	-24.0%
May 17	Piper Sandler	Maintains	Overweight → Overweight	—	$42.84	$42.28	-1.3%	-0.1%	-0.8%	-2.1%	-3.0%	-5.3%
May 15	Raymond James	Maintains	Strong Buy → Strong Buy	—	$42.62	$42.88	+0.6%	+1.0%	+0.5%	+0.4%	-0.3%	-1.6%
May 3	Piper Sandler	Maintains	Overweight → Overweight	—	$43.02	$44.27	+2.9%	+6.6%	+8.9%	+9.2%	+9.3%	+10.2%
Jan 30	Raymond James	Maintains	Strong Buy → Strong Buy	—	$43.92	$46.43	+5.7%	+4.4%	-0.4%	-4.0%	-6.3%	-9.4%
Oct 30	Raymond James	Maintains	Strong Buy → Strong Buy	—	$29.31	$29.50	+0.6%	+1.2%	+2.0%	+3.9%	+7.4%	+6.4%
Jul 31	Piper Sandler	Maintains	Overweight → Overweight	—	$30.73	$31.05	+1.0%	+2.9%	+3.0%	+1.4%	+1.3%	+1.0%
Jul 31	Raymond James	Maintains	Strong Buy → Strong Buy	—	$30.73	$31.05	+1.0%	+2.9%	+3.0%	+1.4%	+1.3%	+1.0%
May 1	Piper Sandler	Maintains	Overweight → Overweight	—	$23.20	$23.37	+0.7%	+2.0%	-0.9%	-0.2%	-4.0%	+0.9%
Feb 28	Raymond James	Maintains	Strong Buy → Strong Buy	—	$30.04	$30.31	+0.9%	+0.7%	+1.5%	+1.4%	+1.3%	+0.1%
Jan 31	Raymond James	Maintains	Strong Buy → Strong Buy	—	$26.36	$27.39	+3.9%	+9.1%	+14.0%	+18.1%	+16.8%	+16.2%
Oct 6	Raymond James	Maintains	Strong Buy → Strong Buy	—	$24.18	$23.99	-0.8%	-2.0%	-3.3%	-4.2%	-3.8%	-3.8%
Sep 28	Piper Sandler	Maintains	Overweight → Overweight	—	$23.68	$23.70	+0.1%	-0.7%	-3.5%	-2.6%	+0.2%	+4.1%
Aug 1	Raymond James	Maintains	Strong Buy → Strong Buy	—	$26.46	$26.57	+0.4%	+1.8%	+3.3%	+4.7%	+4.7%	+3.1%
May 2	Raymond James	Maintains	Strong Buy → Strong Buy	—	$23.52	$23.68	+0.7%	-0.1%	+1.2%	+2.5%	-1.5%	-2.3%
Nov 2	Raymond James	Maintains	Strong Buy → Strong Buy	—	$30.40	$30.48	+0.3%	+1.9%	+3.0%	+2.8%	+5.2%	+4.4%
Aug 26	Raymond James	Maintains	Strong Buy → Strong Buy	—	$23.63	$23.58	-0.2%	-0.6%	+2.8%	+2.3%	+3.5%	+3.0%
Feb 1	Raymond James	Maintains	Strong Buy → Strong Buy	—	$19.88	$20.33	+2.3%	+7.0%	+8.6%	+8.0%	+8.7%	+8.3%
Dec 7	Raymond James	Maintains	Strong Buy → Strong Buy	—	$17.89	$18.09	+1.1%	+1.1%	+1.8%	+3.4%	+5.6%	+5.9%
Sep 29	Piper Sandler	Maintains	Overweight → Overweight	—	$13.33	$13.39	+0.5%	-1.0%	-1.4%	-0.1%	+0.4%	+3.8%
Aug 25	Truist	Maintains	Buy → Buy	—	$13.40	$13.47	+0.5%	+1.2%	+0.5%	+1.0%	+1.8%	+1.4%
Jul 29	Piper Sandler	Maintains	Overweight → Overweight	—	$11.43	$11.97	+4.7%	+10.6%	+11.5%	+7.5%	+10.1%	+10.0%
May 19	SunTrust Robinson Humphrey	Maintains	Buy → Buy	—	$10.34	$10.23	-1.1%	-1.5%	+3.1%	+3.4%	+9.8%	+17.7%
Feb 3	Raymond James	Maintains	Outperform → Outperform	—	$13.12	$13.17	+0.4%	+1.4%	+1.6%	+5.4%	+4.1%	+5.8%
Aug 29	Raymond James	Maintains	Outperform → Outperform	—	$10.43	$10.43	+0.0%	+2.2%	+1.3%	-1.0%	-0.6%	+3.4%
Jul 11	Stephens & Co.	Downgrade	Overweight → Equal Weight	—	$18.85	$18.50	-1.9%	-2.1%	-3.7%	-4.4%	-3.0%	-3.1%
Nov 21	Raymond James	Maintains	Outperform → Outperform	—	$11.79	$11.79	+0.0%	-0.8%	-0.2%	+0.5%	+0.7%	+0.3%
Nov 21	Sandler O'Neill	Maintains	Buy → Buy	—	$11.79	$11.79	+0.0%	-0.8%	-0.2%	+0.5%	+0.7%	+0.3%
Nov 21	Stephens & Co.	Maintains	Overweight → Overweight	—	$11.79	$11.79	+0.0%	-0.8%	-0.2%	+0.5%	+0.7%	+0.3%
Nov 21	SunTrust Robinson Humphrey	Maintains	Buy → Buy	—	$11.79	$11.79	+0.0%	-0.8%	-0.2%	+0.5%	+0.7%	+0.3%

Recent Filings

8-K · 8.01 !! High

Merchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value -- 8-K 8.01: Material Event / Announcement

Merchants Bancorp will pay preferred stock dividends on April 1, 2026, to shareholders of record as of March 13, 2026, providing income to preferred stockholders.

Feb 19

Data updated apr 25, 2026 8:46pm · Source: massive.com