Merchants Bancorp (MBIN) stock
Close on Nov 12, 2026Market cap $2.46BP/E 8.8Yield 0.75%
Merchants Bancorp grew revenue 11.3% to $767.69M over the twelve months to Sep 30, 2026. Free cash flow was -$172.45M, down 841.4% from a year earlier. At the latest close the market valued the company at $2.46B, 8.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $2.46B
- P/E ratio
- 8.8
- Price to sales
- 3.20
- Price to book
- 0.99
- Dividend yield
- 0.75%
- Free cash flow yield
- -7.01%
Fundamentals
- Revenue
- $767.69M
- Net income
- $319.07M
- EPS, diluted
- $6.07
- Free cash flow
- -$172.45M
- Book value per share
- $53.95
- Diluted shares
- 46M
Trading
- Next earnings
- Jan 27, 2027 (estimated, during market hours)
- Previous close
- $53.56
- Open
- $53.88
- Day's range
- $53.34 – $53.94
- Volume
- 108,104
- Average volume (20 days)
- 154,099
- Index membership
- S&P SmallCap 600 (since Feb 2026), Russell 2000, Russell 3000 (since Feb 2020)
- Beta (5 years)
- 0.91
- 52-week range
- $30.37 – $56.87
- RSI (14 days)
- 62.3
- Volatility (1 year)
- 34.5%
- Relative volume
- 0.61×
- WACC
- 9.5%
On 1 of our idea list: Breakout quarter
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2017, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | MBIN | S&P 500 | Difference | MBIN per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +9.3% | -2.7% | +12.0 pts | ||
| 3 months | -2.1% | -1.7% | −0.4 pts | ||
| Year to date | +58.3% | +11.9% | +46.4 pts | ||
| 1 year | +66.6% | +12.0% | +54.6 pts | ||
| 3 years | +74.6% | +78.2% | −3.6 pts | +20.4% | +21.2% |
| 5 years | +79.9% | +73.2% | +6.6 pts | +12.5% | +11.6% |
Twelve years at a glance
Fiscal years 2014 to 2025 and trailing twelve months, USD
Revenue
Net income
EPS, diluted
Free cash flow
Press releases
Releases Merchants Bancorp filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- News
- Results
- News
- Results
- News
About Merchants Bancorp
State Commercial Banks
Merchants Bancorp operates as a bank holding company delivering mortgage and commercial banking services. The firm runs three primary segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. Through these units, it provides financing, servicing, and tax credit syndication for affordable housing and healthcare facilities, warehouse lending for mortgage originators, and single-family, agricultural, and small business loans. Its clientele includes affordable housing developers, healthcare operators, mortgage bankers, institutional investors, agricultural producers, small enterprises, and retail depositors.
Company profile, executives and historyMerchants Bancorp stock: common questions
What is Merchants Bancorp's stock price?
MBIN closed at $53.56 on Nov 12, 2026, up 0.00% on the day. Over the past 52 weeks it traded between $30.37 and $56.87.
What is Merchants Bancorp's market cap?
Merchants Bancorp was worth $2.46B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is MBIN's P/E ratio?
MBIN trades at 8.8 times earnings, based on diluted earnings per share of $6.07 over the twelve months to Sep 30, 2026.
How much revenue does Merchants Bancorp make?
Merchants Bancorp reported revenue of $767.69M for the twelve months to Sep 30, 2026, up 11.3% from a year earlier.
Does Merchants Bancorp pay a dividend?
Yes. Merchants Bancorp paid $0.40 per share over the last twelve months, a yield of 0.75% at the latest price, and has raised its annual dividend 8 years in a row.
When does Merchants Bancorp report earnings next?
Merchants Bancorp is expected to report Q4 FY2026 results on Jan 27, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has MBIN stock performed over the past year?
Including dividends, MBIN returned +66.6% over the past year, against +12.0% for the S&P 500.
Who are Merchants Bancorp's competitors?
Companies most similar to Merchants Bancorp by business, industry and size include CUBI, FBK, SFBS, ABCB, SYBT.
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