MBINM
Merchants Bancorp NASDAQ Listed Sep 26, 2022$25.26
-0.35%
vs $25.35
Mkt Cap $2.3B
52w Low $24.00
64.3% of range
52w High $25.96
50d MA $25.45
200d MA $25.15
P/E (TTM)
10.0x
EV/EBITDA
1.3x
P/B
0.5x
Debt/Equity
1.7x
ROE
9.6%
P/FCF
-3.1x
RSI (14)
38.60
ATR (14)
$0.17
Beta
1.16
50d MA
$25.45
200d MA
$25.15
Avg Volume
10.6K
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 living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, 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, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
410 Monon Boulevard · Carmel, IN 46032 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 28, 2026 | AMC | 1.16 | 1.25 | +7.8% | 25.33 | -0.1% | +0.2% | -0.2% | +0.4% | -0.3% | +0.1% | — |
| Jan 28, 2026 | AMC | 0.94 | 1.28 | +36.2% | 25.52 | -0.0% | -0.2% | +0.5% | -0.1% | +0.1% | +1.0% | — |
| Oct 27, 2025 | AMC | 0.79 | 1.19 | +50.6% | 24.56 | -0.1% | -0.3% | +0.0% | -0.1% | +0.0% | -0.0% | — |
| Jul 28, 2025 | AMC | 1.12 | 0.83 | -26.2% | 25.21 | +0.9% | -0.0% | +0.2% | -0.8% | +0.8% | +0.2% | — |
| Apr 28, 2025 | AMC | 1.25 | 1.27 | +1.6% | 25.42 | -0.2% | -0.4% | -0.1% | -0.1% | +0.3% | +0.2% | — |
| Jan 29, 2025 | AMC | 1.27 | 2.13 | +67.7% | 25.98 | -0.3% | +0.1% | -0.9% | +0.2% | +0.5% | +0.2% | — |
| Oct 28, 2024 | AMC | 1.42 | 1.33 | -6.3% | 25.86 | -0.2% | +0.2% | -0.5% | -0.2% | -0.1% | -0.0% | — |
| Jul 29, 2024 | AMC | 1.57 | 1.71 | +8.9% | 25.69 | -0.5% | -1.1% | +0.2% | +0.8% | -0.3% | -1.1% | — |
| Apr 29, 2024 | AMC | 1.38 | 2.00 | +44.9% | 26.00 | -0.3% | +0.0% | +0.7% | -1.0% | +1.1% | -0.3% | — |
| Mar 12, 2024 | AMC | — | 1.78 | — | 25.20 | +0.0% | +0.7% | -2.1% | +0.9% | -0.3% | +0.6% | — |
| Oct 26, 2023 | AMC | 1.32 | 1.88 | +42.4% | 22.71 | +0.8% | +1.1% | -0.7% | +1.2% | +1.1% | +3.9% | — |
| Aug 9, 2023 | AMC | 1.23 | 1.51 | +22.8% | 24.89 | +0.0% | -2.5% | +0.1% | +1.7% | -2.7% | -0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 30 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Jul 30 | Piper Sandler | Maintains | Overweight → Overweight | — | — | — | — | — | — | — | — | — |
| Apr 30 | Piper Sandler | Maintains | Overweight → Overweight | — | — | — | — | — | — | — | — | — |
| Feb 28 | Raymond James | Downgrade | Strong Buy → Buy | — | $27.00 | $27.10 | +0.4% | +0.6% | -0.1% | -0.0% | +0.2% | +0.8% |
| Feb 27 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $26.97 | $27.04 | +0.3% | +0.1% | +0.6% | -0.1% | -0.0% | +0.2% |
| Jan 31 | Raymond James | Downgrade | Strong Buy → Buy | — | $27.08 | $27.09 | +0.0% | -0.5% | +0.7% | +0.2% | -0.4% | -0.1% |
| Jan 30 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $27.08 | $27.40 | +1.2% | +0.0% | -0.5% | +0.7% | +0.2% | -0.4% |
| Oct 6 | Raymond James | Downgrade | Strong Buy → Buy | — | $25.54 | $25.50 | -0.2% | -0.3% | -0.4% | -0.8% | +0.5% | +0.9% |
| Oct 5 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $25.48 | $25.50 | +0.1% | +0.2% | -0.3% | -0.4% | -0.8% | +0.5% |
| Sep 27 | Piper Sandler | Maintains | Overweight → Overweight | — | $24.80 | $24.95 | +0.6% | +1.2% | +1.0% | -0.9% | +0.2% | +0.4% |
| Aug 1 | Raymond James | Downgrade | Strong Buy → Buy | — | — | — | — | — | — | — | — | — |
| Jul 31 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| May 1 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Nov 1 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Aug 25 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Jan 31 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Dec 6 | Raymond James | Maintains | Strong Buy → Strong Buy | — | — | — | — | — | — | — | — | — |
| Sep 28 | Piper Sandler | Maintains | Overweight → Overweight | — | — | — | — | — | — | — | — | — |
| Aug 24 | Truist | Maintains | Buy → Buy | — | — | — | — | — | — | — | — | — |
| Jul 28 | Piper Sandler | Maintains | Overweight → Overweight | — | — | — | — | — | — | — | — | — |
| May 18 | SunTrust Robinson Humphrey | Maintains | Buy → Buy | — | — | — | — | — | — | — | — | — |
| Feb 2 | Raymond James | Maintains | Outperform → Outperform | — | — | — | — | — | — | — | — | — |
| Aug 28 | Raymond James | Maintains | Outperform → Outperform | — | — | — | — | — | — | — | — | — |
| Jul 10 | Stephens & Co. | Downgrade | Overweight → Equal Weight | — | — | — | — | — | — | — | — | — |
No insider trades available.
8-K
FARMERS & MERCHANTS BANCORP -- 8-K Filing
May 13
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
Institutional (13F) — Top 1
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Archer Investment Corp | 4,000 | $97K | — | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 7
All ↗
| # | Fund | Shares | Value | Period |
|---|---|---|---|---|
| 1 | Invesco Preferred ETF | 203,210 | $5M | Feb 2026 |
| 2 | Global X U.S. Preferred ETF | 109,673 | $3M | Feb 2026 |
| 3 | Global X Variable Rate Preferred ETF | 85,807 | $2M | Feb 2026 |
| 4 | Invesco Variable Rate Preferred ETF | 51,662 | $1M | Feb 2026 |
| 5 | AAM Low Duration Preferred and Income Securities ETF | 13,237 | $339K | Jan 2026 |
| 6 | Archer Income Fund | 4,000 | $102K | Feb 2026 |
| 7 | Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF | 2,396 | $61K | Feb 2026 |
Valuation
Market Cap
$2.28B
Enterprise Value
$366.3M
P/E (TTM)
10.01x
Forward P/E
4.83x
PEG Ratio
-0.18x
P/B
0.51x
P/S
0.85x
P/FCF
-3.09x
EV/EBITDA
1.33x
Shares Out
45.9M
Financials (TTM)
Revenue
$1.37B
Net Income
$228.3M
EBITDA
$275.7M
Free Cash Flow
-$376.7M
Op Cash Flow
-$341.2M
EPS Basic
$3.78
EPS Diluted
$4.10
EPS Forward
$5.23
Gross Margin
42.6%
Op Margin
19.8%
Net Margin
16.7%
Balance Sheet
Total Assets
$19.45B
Total Liab.
$17.17B
Total Equity
$2.28B
Cash
$880.9M
LT Debt
$82.6M
Book Value/Sh
$49.72
Debt/Equity
1.68x
Current Ratio
3.17
Quick Ratio
3.17
Returns & Growth
ROE
9.6%
ROA
1.1%
ROIC
1.8%
Rev Growth YoY
-5.7%
EPS Growth YoY
-40.2%
Price Returns
2W
+0.2%
1M
-1.4%
3M
+1.6%
6M
-0.4%
12M
+1.7%
Technicals
52W High
$25.96
52W Low
$24.00
50d MA
$25.45
200d MA
$25.15
RSI (14)
38.60
ATR (14)
$0.17
Beta
1.16
Avg Volume
11K
Dividends
Div Rate
$1.30
Div Yield
5.1%
Frequency
4
Ex-Div Date
Mar 13, 2026
Analyst Price Targets
Consensus
—
High
—
Low
—
Median
—
Data updated apr 25, 2026 8:47pm
· Source: financialmodelingprep.com