FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
Merchants Bancorp Stock AnalysisComprehensive stock analysis for Merchants Bancorp (MBIN) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisMBIN
MBIN
Merchants Bancorp
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
MBIN
Home🔹Stocks🔹Merchants Bancorp

Merchants Bancorp

🇺🇸MBIN•NASDAQ

Merchants Bancorp

🇺🇸MBIN•NASDAQ
Market cap
$2.44B
Sentiment

Your view on MBIN

Mkt Cap
$2.44B
Sentiment
Your view
MBIN
Merchants Bancorp
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
MBIN
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Merchants Bancorp

Industry
Banks - Regional
Sector
Financial Services
CEO
Michael F. Petrie
Headquarters
US
Industry
Banks - Regional
Sector
Financial Services
CEO
Michael F. Petrie
Headquarters
US
Description

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.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Merchants Bancorp, and the rating behind it. MBIN last traded at $53.15, 10.6× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Merchants Bancorp. Starting points for Merchants Bancorp: P/E 10.6, EPS $5.85, beta 1.14 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Merchants Bancorp. Merchants Bancorp paid $0.42 per share over the last year — a 0.8% yield at the current $53.15 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Merchants Bancorp. Trailing twelve-month EPS for Merchants Bancorp stands at $5.85. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Merchants Bancorp. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Merchants Bancorp valued side by side against its closest peers. Merchants Bancorp is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Merchants Bancorp, and how their positions are changing. At a $2.44B market value, institutional positions materially move Merchants Bancorp's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Merchants Bancorp executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Merchants Bancorp. Merchants Bancorp is a $2.44B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Merchants Bancorp. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Merchants Bancorp. Coverage tracks Merchants Bancorp within Banks - Regional (Financial Services). Press releases and market coverage, newest first.

Peer companies

  • FRME — First Merchants Corporation
  • GABC — German American Bancorp, Inc.
  • LKFN — Lakeland Financial Corporation
  • LOB — Live Oak Bancshares, Inc.
  • NBHC — National Bank Holdings Corporation
  • SRCE — 1st Source Corporation
  • STBA — S&T Bancorp, Inc.

More Banks - Regional companies

  • UNCFF — UniCredit S.p.A.
  • UNCRY — UniCredit S.p.A.
  • UNIB — University Bancorp, Inc.
  • UNIF — U & I Financial Corp.
  • UNJCF — Unicaja Banco, S.A.
  • UNPA — UNB Corp.
  • UNTN — United Tennessee Bankshares, Inc.
  • UNTY — Unity Bancorp, Inc.
  • UOVEF — United Overseas Bank Limited
  • UOVEY — United Overseas Bank Limited
  • USCB — USCB Financial Holdings, Inc.
  • USMT — US Metro Bancorp, Inc.

ETFs holding Merchants Bancorp

  • MGMT — OneAscent Enhanced Small and Mid Cap ETF allast Small/Mid Cap (2.78%)
  • QABA — First Trust NASDAQ ABA Community Bank Index Fund (0.98%)
  • XSVM — Invesco S&P SmallCap Value with Momentum ETF (0.76%)
  • RZV — Invesco S&P SmallCap 600 Pure Value ETF (0.55%)
  • DWAS — Invesco Dorsey Wright SmallCap Momentum ETF (0.44%)
  • FYT — First Trust Small Cap Value AlphaDEX Fund (0.39%)
  • AIMS — Acuitas Small Cap Active ETF (0.37%)
  • SQLV — Royce Quant Small-Cap Quality Value ETF (0.36%)

News

Latest Market News