Free Trial
NASDAQ:MBIN

Merchants Bancorp (MBIN) Stock Price, News & Analysis

$43.38
-1.04 (-2.34%)
(As of 09/6/2024 ET)
Today's Range
$43.02
$44.91
50-Day Range
$39.38
$52.59
52-Week Range
$25.78
$53.27
Volume
261,371 shs
Average Volume
186,193 shs
Market Capitalization
$1.88 billion
P/E Ratio
6.81
Dividend Yield
0.83%
Price Target
$57.00

Merchants Bancorp MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.4% Upside
$57.00 Price Target
Short Interest
Bearish
5.01% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.26mentions of Merchants Bancorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$4.30 M Sold Last Quarter
Proj. Earnings Growth
-4.67%
From $6.21 to $5.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.49 out of 5 stars

Finance Sector

342nd out of 871 stocks

State Commercial Banks Industry

67th out of 177 stocks

MBIN stock logo

About Merchants Bancorp Stock (NASDAQ:MBIN)

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 and healthcare facilities. 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.

MBIN Stock Price History

MBIN Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
MBIN Sep 2024 35.000 put (MBIN240920P00035000)
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
BSP tightens merchant payment rules
See More Headlines
Receive MBIN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Merchants Bancorp and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Last Earnings
7/29/2024
Today
9/07/2024
Ex-Dividend for 10/1 Dividend
9/13/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:MBIN
Employees
480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$57.00
High Stock Price Target
$58.00
Low Stock Price Target
$56.00
Potential Upside/Downside
+31.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$279.23 million
Pretax Margin
30.10%

Debt

Sales & Book Value

Annual Sales
$636.04 million
Cash Flow
$6.17 per share
Book Value
$31.44 per share

Miscellaneous

Free Float
26,143,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.12
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

  • Mr. Michael F. Petrie CMB (Age 70)
    Co-founder, Chairman & CEO
    Comp: $1.05M
  • Mr. Michael J. DunlapMr. Michael J. Dunlap (Age 58)
    President, COO & Director
    Comp: $1.15M
  • Mr. John F. Macke (Age 59)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $565.75k
  • Mr. Martin A. Schroeter (Age 62)
    President of Warehouse Lending
    Comp: $589.49k
  • Mr. Michael R. Dury M.B.A. (Age 39)
    President & CEO of Merchants Capital Corp
    Comp: $8.69M
  • Ms. Vickie Vandivier
    Executive VP & Investment Officer
  • Mr. Kevin T. Langford (Age 56)
    Executive VP & Chief Administrative Officer
  • Tami Durle
    Manager SEC Reporting
  • Mr. Terry A. Oznick (Age 40)
    Executive VP & General Counsel
  • Mr. Jeffery L. Scott
    President & Executive VP of SBA Lending

MBIN Stock Analysis - Frequently Asked Questions

How have MBIN shares performed this year?

Merchants Bancorp's stock was trading at $42.58 at the beginning of 2024. Since then, MBIN stock has increased by 1.9% and is now trading at $43.38.
View the best growth stocks for 2024 here
.

How were Merchants Bancorp's earnings last quarter?

Merchants Bancorp (NASDAQ:MBIN) issued its quarterly earnings data on Monday, July, 29th. The company reported $1.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.57 by $0.08. The company earned $359.62 million during the quarter, compared to analyst estimates of $160.70 million. Merchants Bancorp had a trailing twelve-month return on equity of 25.54% and a net margin of 23.14%.

When did Merchants Bancorp's stock split?

Merchants Bancorp's stock split on the morning of Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly minted shares were issued to shareholders after the market closes on Tuesday, January 18th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

When did Merchants Bancorp IPO?

Merchants Bancorp (MBIN) raised $101 million in an initial public offering on Friday, October 27th 2017. The company issued 5,600,000 shares at $17.00-$19.00 per share. Sandler O'Neill + Partners, Stephens and Raymond James acted as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.

Who are Merchants Bancorp's major shareholders?

Top institutional investors of Merchants Bancorp include Dimensional Fund Advisors LP (2.36%), American Century Companies Inc. (0.85%), Marshall Wace LLP (0.84%) and Federated Hermes Inc. (0.64%). Insiders that own company stock include Michael F Petrie, Randall D Rogers, Michael J Dunlap, Michael R Dury, Patrick D O'brien, Anne E Sellers and Terry A Oznick.
View institutional ownership trends
.

How do I buy shares of Merchants Bancorp?

Shares of MBIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Merchants Bancorp investors own include Intelsat (I), AMC Entertainment (AMC), Bank of America (BAC), Fossil Group (FOSL), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Associated British Foods (ABF).

This page (NASDAQ:MBIN) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners