Financial Services
Merchants Bancorp(MBINM)
Live Price
Offline$25.29
-0.24% today
1Y Change
+0.84%
Window
Jun 25, 2025 โ Jun 16, 2026
- Market Cap
- $2.14B
- Revenue Growth
- -5.7%
- EPS Growth
- -40.2%
- Dividend Yield
- 0.9%
Coverage: 245 bars ยท Jun 25, 2025 โ Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Merchants Bancorp (MBINM) is a Financial Services stock with a market cap of $2.14B and listed on NASDAQ. The stock last traded around $25.29 and up 0.8% across the available one-year price window (Jun 25, 2025 โ Jun 16, 2026). Baseline metrics include revenue growth of -5.7%, EPS growth of -40.2%, a dividend yield of 0.9%. What stands out right now is revenue -5.7%, EPS -40.2%, free cash flow +55.9% with operating margin 19.8% and ROIC 1.1%. The dividend is present but secondary, with a yield around 0.9%. Valuation is more restrained than many high-expectation growth names at P/E 9.4 and price/sales 1.6. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines MBINM 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 -40.2%, with operating margin around 19.8%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 0.9%, 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 +0.1% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 23, 2026 | โ | -0.2% | -0.6% | +0.5% |
2026 Jan 28, 2026 | +36.2% | -0.2% | +1.3% | -0.1% |
2025 Oct 27, 2025 | +50.6% | -0.3% | -0.4% | +0.0% |
Benchmark Edge
MBINM vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
MBINM
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
MBINM Max Drawdown
-5.84%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for MBINM and SPY.
Company Overview
Merchants Bancorp
NASDAQ Capital Market
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.
- Leadership
- Michael F. Petrie
- IPO Date
- Sep 26, 2022
- 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
- 9.4
- EV/EBITDA
- 25.2
- Price/Sales
- 1.6
- Price/Book
- 0.9
Growth
- Revenue
- -5.7%
- EPS
- -40.2%
- Free Cash Flow
- +55.9%
Profitability
- Gross Margin
- 42.6%
- Operating Margin
- 19.8%
- Net Margin
- 16.7%
- 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.