Financial Services
Merchants Bancorp(MBINL)
Live Price
Offline$24.80
-0.42% today
1Y Change
+6.30%
Window
Jun 25, 2025 โ Jun 18, 2026
- Market Cap
- $1.11B
- Revenue Growth
- -5.7%
- EPS Growth
- 0.0%
- Dividend Yield
- 7.9%
Coverage: 247 bars ยท Jun 25, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Merchants Bancorp (MBINL) is a Financial Services stock with a market cap of $1.11B and listed on NASDAQ. The stock last traded around $24.80 and up 6.3% across the available one-year price window (Jun 25, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of -5.7%, EPS growth of 0.0%, a dividend yield of 7.9%. What stands out right now is revenue -5.7%, EPS 0.0%, free cash flow +100.0% with operating margin 19.8% and ROIC 1.1%. The dividend matters to the case here, with a current yield around 7.9%. Valuation is more restrained than many high-expectation growth names at P/E 4.9 and price/sales 0.8. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines MBINL price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-5.7% vs +3.4% peer median
Operating Margin
Above sector median
+19.8% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 23, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -5.7% and EPS is at 0.0%, with operating margin around 19.8%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 7.9%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +1.1% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 23, 2026 | โ | -0.2% | -0.2% | +3.2% |
2026 Jan 28, 2026 | +36.2% | +0.3% | +1.7% | +2.8% |
2025 Nov 7, 2025 | +50.6% | +1.3% | +1.8% | -0.6% |
Benchmark Edge
MBINL vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
MBINL
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
MBINL Max Drawdown
-6.74%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for MBINL and SPY.
Company Overview
Merchants Bancorp
NASDAQ Capital Market
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 rental housing and healthcare facilities financing. 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.
- Leadership
- Michael F. Petrie
- IPO Date
- Nov 19, 2024
- Employees
- 663
- Street Address
- 410 Monon Boulevard
- Mailing
- Carmel, IN, 46032
- Region
- Carmel, IN, US
- Reporting Currency
- USD
- Investor Line
- 317 569 7420
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 4.9
- EV/EBITDA
- 21.6
- Price/Sales
- 0.8
- Price/Book
- 0.5
Growth
- Revenue
- -5.7%
- EPS
- 0.0%
- Free Cash Flow
- +100.0%
Profitability
- Gross Margin
- 42.8%
- Operating Margin
- 19.8%
- Net Margin
- 16.6%
- ROE
- 10.1%
- ROIC
- 1.1%
Balance Sheet
- Debt/Equity
- 2.05
- Current Ratio
- โ
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.