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Merchants Bancorp

MBIN

Last
$48.92
Day
-1.8%
1y
+55.0%
5y
+82.1%
52w
-12.4%
SPY YTD
+13.3%
XLF
-1.3%
Earnings
2026-10-2717d
EMA 21
50.83
EMA 50
51.36
EMA 200
46.97
20d high
-7.9%
5y high
-12.4%
5y range
80th
Website · 735 employees · United States

Positions held

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Score
-19
Hold
avoid
Signal
Strong Sell
Target
$52.52
Stop
$47.54
Stop distance
2.8%
Target vs last
+7.4%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Merchants Bancorp operates in a competitive regional banking sector, focusing on growth through strategic revenue increases and solid profit margins.
  • Revenue increased by 4% compared to the prior quarter, reaching $181 million.
  • Net income for Q2 2026 was $78.303 million, showing a positive trend in earnings growth.
Bear case
  • The current market sentiment indicates a strong sell signal, reflecting concerns about the bank's performance relative to its peers.
  • The stock has a trailing P/E ratio of 10.03, which is relatively low compared to industry averages, suggesting potential undervaluation but also market skepticism.
  • The company's score indicates a -26.00, driven by bearish trends and technical indicators.

Fundamentals

Market cap$2.29BEnterprise value$6.35BTrailing P/E10.00Forward P/E8.29
PEG—Price / book1.24Beta1.21Dividend yield0.88%
Revenue growth37.1%Earnings growth146.7%Gross margin0.0%Operating margin61.1%
Profit margin42.5%ROE11.7%ROA1.3%Debt / equity—
Current ratio—Free cash flow—Analyst recommendationholdMean target$64.00
52w high$56.8752w low$30.37

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$181M$174M$184M$170M$178M—
Op margin——————
Net income$78.3M$67.7M$67.8M$54.7M$38.0M—
Gross margin——————
Gross profit——————
Operating income——————
  • Revenue +4% vs prior quarter ($181M vs $174M).

Yearly (6y)

20252024202320222021
Revenue$677M$667M$559M$440M—
Op margin—————
Net income$219M$320M$279M$220M—
Gross margin—————
Gross profit—————
Operating income—————
Headline scan

Headlines — watch

• [WARN · legal] 3 Russell 2000 Stocks Walking a Fine Line

• [WARN · legal] 3 Small-Cap Stocks Walking a Fine Line

News

MBIN · daily-4.5% over 13 sessions
Close EMA21 EMA50 EMA200
47.7349.2750.8152.3553.902026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$46M$92M$138M$184M0%5%10%2025-Q22025-Q32025-Q42026-Q12026-Q2