Merchants Bancorp MBIN
- Market cap
- $2.4B
- P/E
- 10.5×
Follow MBIN
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 10.85 | 12.57 | 9.76 | 8.25 | 17.97 | 21.52 | 21.50 | 35.56 | 27.25 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | 14.65 | 19.43 | 16.53 | 20.56 | 33.00 | 33.57 | 43.89 | 53.27 | 43.82 |
High Price
|
|||
| 157 | 194 | 259 | 329 | 404 | 481 | 556 | 618 | 663 | 735 |
Employees
|
|||
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
Revenue/Emp
|
|||
| 101 | 142 | 190 | 259 | 410 | 469 | 607 | 1,192 | 1,451 | 1,365 |
Revenue
|
|||
| 81.30% | 80.44% | 73.39% | 65.38% | 85.71% | 92.78% | 73.25% | 47.19% | 46.23% | 49.91% |
Gross Margin
|
|||
| 55 | 77 | 84 | 102 | 243 | 305 | 291 | 348 | 423 | 264 |
EBT
|
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| 54.02% | 54.31% | 44.19% | 39.42% | 59.32% | 64.99% | 47.98% | 29.18% | 29.13% | 19.32% |
EBT Margin
|
|||
| 33 | 55 | 63 | 77 | 181 | 227 | 220 | 279 | 320 | 219 |
Net Income
|
|||
| 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 | 3 | 3 |
Depreciation
|
|||
| 3.20 | 4.20 | 4.42 | 6.02 | 9.52 | 10.87 | 14.06 | 27.59 | 32.34 | 29.76 |
Revenue/Sh
|
|||
| 1.05 | 1.52 | 1.39 | 1.58 | 3.85 | 5.26 | 4.49 | 5.66 | 6.32 | 3.78 |
Earnings/Sh
|
|||
| (4.73) | (5.20) | 4.75 | (29.19) | (20.29) | (1.14) | 22.61 | (8.25) | (18.62) | (7.44) |
Cash Flow/Sh
|
|||
| (0.08) | (0.06) | (0.36) | (0.32) | (0.08) | (0.07) | (0.20) | (0.17) | (0.41) | (0.77) |
Capex/Sh
|
|||
| (4.81) | (5.26) | 4.39 | (29.52) | (20.38) | (1.21) | 22.40 | (8.42) | (19.03) | (8.21) |
Free CF/Sh
|
|||
| 6.51 | 10.86 | 9.79 | 15.18 | 18.80 | 26.76 | 33.82 | 39.36 | 50.01 | 49.72 |
Book Value/Sh
|
|||
| 32 | 34 | 43 | 43 | 43 | 43 | 43 | 43 | 45 | 46 |
Shares
|
|||
| 22.13 | 8.64 | 9.60 | 8.32 | 4.78 | 5.91 | 5.37 | 7.37 | 5.75 | 9.01 |
PE Ratio
|
|||
| 2.42 | 3.17 | 3.01 | 2.18 | 1.94 | 2.90 | 1.72 | 1.51 | 1.13 | 1.14 |
PS Ratio
|
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| 1.58 | 1.38 | 1.51 | 1.28 | 1.33 | 1.72 | 1.08 | 1.50 | 1.04 | 0.90 |
PB Ratio
|
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| (2.43) | 0.00 | 1.38 | 0.90 | 4.77 | 2.89 | 2.87 | 1.82 | 3.82 | 3.80 |
EV/Sales
|
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| (1.06) | 0.00 | 1.38 | (0.18) | (2.21) | (25.90) | 1.80 | (5.94) | (6.49) | (13.78) |
EV/FCF
|
|||
| (150) | (176) | 204 | (1,257) | (875) | (49) | 976 | (356) | (835) | (341) |
Op' Cash Flow
|
|||
| (3) | (2) | (15) | (14) | (4) | (3) | (9) | (8) | (18) | (35) |
Capex
|
|||
| (152) | (178) | 189 | (1,271) | (879) | (52) | 967 | (364) | (854) | (377) |
FCF
|
|||
| (134) | (66) | 167 | 160 | 1,378 | 1,135 | 552 | (110) | 2,767 | 2,079 |
Working Cap'
|
|||
| 57 | 57 | 195 | 181 | 1,348 | 1,034 | 930 | 964 | 4,386 | 3,843 |
Total Debt
|
|||
| (532) | (451) | (311) | (332) | 1,162 | (5) | 701 | 376 | 3,908 | 3,629 |
Net Debt
|
|||
| 206 | 367 | 421 | 654 | 811 | 1,155 | 1,460 | 1,701 | 2,243 | 2,281 |
Sh' Equity
|
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| 1.25% | 1.68% | 1.64% | 1.33% | 2.07% | 1.97% | 1.62% | 1.65% | 1.59% | 0.91% |
ROA
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| 0.00% | 0.00% | 47.80% | 19.84% | 7.71% | 16.56% | 8.42% | 10.47% | 4.29% | 2.79% |
ROIC
|
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| 20.55% | 20.94% | 16.88% | 16.60% | 31.96% | 29.65% | 22.10% | 22.63% | 20.46% | 10.52% |
ROE
|
|||
Merchants Bancorp peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SYBT Stock Yards Bancorp, Inc. | $2.4B | 15.6× | Compare |
| BBT Beacon Financial Corporation | $2.4B | 15.4× | Compare |
| BUSE First Busey Corporation | $2.5B | 12.4× | Compare |
| WAFD WaFd, Inc. | $2.3B | 9.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BANR Banner Corporation | $2.5B | 11.3× | Compare |
| FRME First Merchants Corporation | $2.5B | 13.0× | Compare |
| INTR Inter & Co. Inc. | $2.2B | 7.7× | Compare |
| NWBI Northwest Bancshares, Inc. | $2.2B | 14.6× | Compare |
Merchants Bancorp (MBIN) key facts
- Merchants Bancorp (MBIN) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- Merchants Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 5.90% from fiscal 2024.
- As of September 25, 2026, MBIN traded at $52.10, a market capitalization of $2.4 billion.
- Merchants Bancorp pays an annual dividend of $0.32 per share, a yield of 0.92%, with a payout ratio of 6.37%.
- Return on equity was 10.5% and debt-to-equity 1.79.
Merchants Bancorp (MBIN) Latest News
5 Sep
Merchants Bancorp stock rally tests investor tolerance for overlooking risks. MBIN rally may shift short-term sentiment without altering core trajectory.
3 Aug
Earnings estimates for Merchants Bancorp (MBIN) are rising, which may support future stock gains. Rising earnings estimates can moderately boost near-term investor sentiment and valuation for MBIN.
29 Jul
Merchants Bancorp (MBIN) exceeded earnings expectations, leaving open the question of whether its shares remain undervalued. MBIN earnings beat may shift near-term investor sentiment and valuation views without altering core operations.
28 Jul
Merchants Bancorp reported Q2 earnings and revenues that exceeded analyst estimates. Q2 earnings and revenue beats signal stronger than expected financial results but remain routine quarterly updates.
Merchants Bancorp reported its second quarter 2026 financial results. Quarterly earnings releases disclose financial performance metrics that can shift near-term investor sentiment and valuation.
14 Jul
Morgan Stanley raised its price target for Merchants Bancorp (MBIN) stock. Analyst price target raise for Merchants Bancorp may moderately influence short-term market sentiment.
28 Apr
Merchants Bancorp (MBIN) Q1 earnings key metrics compared to analyst estimates. Q1 earnings metrics versus estimates significantly influence financial performance, stock price, and investor sentiment.
Merchants Bancorp (MBIN) reported Q1 earnings surpassing analyst estimates. Q1 earnings beat signals strong financial performance likely to enhance investor sentiment and stock trajectory.
Merchants Bancorp announced first quarter 2026 financial results. Quarterly earnings reports significantly influence financial performance metrics and investor sentiment.
Merchants Bancorp (NASDAQ:MBIN) reported Q1 CY2026 earnings results with revenue in line with expectations. Q1 CY2026 revenue meeting expectations influences financial performance and market sentiment moderately without major surprises.
22 Apr
Merchants Bancorp (MBIN) has delivered consistent earnings beats, raising questions on sustaining the positive surprise streak amid upcoming reports. Earnings surprise streak anticipation may noticeably affect financial performance and investor sentiment without fundamentally altering long-term trajectory.
Merchants Bancorp (MBIN) has delivered consistent earnings surprises, prompting questions on whether it can sustain this streak amid upcoming reports. Earnings surprise history signals moderate potential to influence financial performance and investor sentiment without fundamental shifts.
21 Apr
Merchants Bancorp (MBIN) earnings are expected to grow ahead of next week's release, with analysts forecasting increased revenue and EPS amid strong loan growth and deposit expansion. Expected earnings growth signals moderate positive influence on financial performance and short-term market sentiment.
19 Apr
Elser Financial Planning acquires Merchants Bancorp (MBIN) shares valued at $1.1 billion. Elser Financial Planning's $1.1 billion stake signals strong institutional confidence, likely driving positive investor sentiment and stock performance for MBIN.
31 Mar
Merchants Bancorp (MBIN) claimed first prize in Q4 regional banks earnings review, outperforming peers with strong financial results. MBIN's top ranking in Q4 regional bank earnings highlights superior financial performance poised to significantly boost investor sentiment and trajectory.
3 Mar
Morgan Stanley raised its price target for Merchants Bancorp (MBIN) to $51 from $42. Morgan Stanley's 21% price target increase signals moderately improved analyst outlook, potentially influencing MBIN's investor sentiment and short-term performance.
19 Feb
Merchants Bancorp (MBIN) increased its quarterly common dividend by 10% to $0.36 per share and declared quarterly common and preferred dividends, payable on January 1, 2025, to shareholders of record as of December 15, 2024. A 10% dividend increase signals robust financial health and profitability, likely boosting investor confidence and stock performance.
16 Feb
Merchants Bancorp (MBIN) stock rose 5.7% after addition to broad S&P indices, prompting analysis on whether this strengthens or alters the existing bull case. S&P index inclusion drives substantial inflows from passive funds, significantly enhancing liquidity, visibility, and long-term stock performance.
15 Feb
Merchants Bancorp (MBIN) valuation analyzed following recent inclusions in S&P indices, highlighting potential stock price uplift from increased investor visibility and liquidity. S&P index inclusions boost MBIN's visibility, liquidity, and investor demand, significantly enhancing market performance and trajectory.
Merchants Bancorp (MBIN) added to key indexes and announced a share buyback program, intensifying debate over its attractive valuation amid strong fundamentals. Index additions drive passive inflows and buyback signals undervaluation, boosting stock performance and investor sentiment significantly.
11 Feb
Merchants Bancorp (MBIN) is highlighted as a value stock worth further research, alongside another company, while facing headwinds that could impact its performance. The article suggests that investors should consider the potential challenges and opportunities associated with MBIN's market position. Moderate influence is expected due to the company's current challenges and opportunities in the market.
9 Feb
Merchants Bancorp (MBIN) stock has seen an uptick due to positive market sentiment and strategic developments within the company. Investors are responding favorably to recent announcements that indicate growth potential and improved financial performance. Analysts suggest that these factors may enhance the company's competitive positioning in the banking sector, leading to increased investor interest and confidence in MBIN's future prospects. Recent strategic developments and positive market sentiment are likely to significantly impact the company's future performance.
8 Feb
Merchants Bancorp (MBIN) is highlighted among three stocks with questionable fundamentals, raising concerns about its financial health and market performance. Analysts point to potential overvaluation and lack of strong growth indicators, suggesting that investors should exercise caution. The scrutiny of MBIN's fundamentals may impact investor sentiment and future stock performance, as the market reacts to these concerns. Concerns about overvaluation and financial health may moderately influence investor sentiment and stock performance.
6 Feb
Merchants Bancorp (MBIN) has been added to the S&P SmallCap 600 index, effective after the market close on October 20, 2023. This inclusion is expected to enhance the company's visibility and attract more institutional investors, potentially leading to increased trading volume and stock price appreciation. The S&P SmallCap 600 index is known for representing small-cap companies with strong growth potential, and this move is seen as a positive development for Merchants Bancorp. Inclusion in the S&P SmallCap 600 is likely to significantly enhance visibility and attract institutional investment.
4 Feb
Merchants Bancorp (MBIN) is positioned for potential growth due to its strong financial performance, strategic initiatives, and favorable market conditions. The company has shown resilience in its operations, with increasing loan demand and a solid balance sheet. Analysts highlight its competitive advantages and the potential for expansion in the mortgage and banking sectors, suggesting that MBIN could benefit from ongoing economic recovery and interest rate trends. Strong financial performance and strategic initiatives indicate significant potential for future growth.
Merchants Bancorp (MBIN) has been identified as a strong buy stock for February 4th, indicating positive market sentiment and potential for growth. Analysts highlight the company's robust financial performance and strategic positioning in the banking sector, suggesting that it may outperform its peers in the near future. Investors are encouraged to consider MBIN for their portfolios as it shows promising indicators for continued success. Strong buy recommendations typically indicate significant potential for future growth and positive market performance.
3 Feb
Merchants Bancorp is highlighted alongside two other growth stocks that insiders are optimistic about. The article discusses the potential for these companies to deliver strong returns, emphasizing the confidence of insiders in their respective growth trajectories. Investors are encouraged to consider these stocks as viable options for future gains. Insider confidence in growth stocks may moderately influence market sentiment and financial performance.
2 Feb
Merchants Bancorp (MBIN) has shown strong performance in the finance sector this year, outperforming many of its peers. The bank's strategic initiatives and robust financial results have contributed to its positive trajectory. Analysts are optimistic about its growth potential, citing effective management and a favorable market environment. Investors are encouraged by the company's ability to navigate challenges and capitalize on opportunities, leading to increased confidence in its future performance. Strong performance and strategic initiatives are likely to significantly impact future growth and investor sentiment.
1 Feb
Merchants Bancorp announced a stock buyback program, highlighting its commitment to returning capital to shareholders. The buyback reflects the company's strong financial position and suggests potential valuation upside. Analysts view this move positively, indicating confidence in the bank's growth prospects and overall market performance. The buyback program is a significant strategic move that could enhance shareholder value and positively influence market sentiment.
Merchants Bancorp (MBIN) has experienced notable share price momentum recently, prompting an assessment of its valuation. Analysts are evaluating the factors contributing to this price movement, including market conditions and the bank's financial performance. The article highlights the importance of understanding the underlying drivers of the stock's performance to gauge future prospects and investor sentiment. Recent share price momentum indicates a moderately noticeable influence on the company's market performance and investor sentiment.