Merchants Bancorp (MBIN) Stock Price & Analysis
Merchants Bancorp (MBIN) rose 2.19% to USD 47.69 as of July 25, 2026 at 09:00 UTC, according to Nexqual real-time market data.
MBIN last closed at USD 46.67; the session ranged USD 46.37–47.93 on volume of 137,954 shares. Market capitalization is $2.19B, with a 52-week range of USD 28.75–51.47 (NCM). Source: Nexqual, July 25, 2026 at 09:00 UTC.
Key Statistics (as of July 25, 2026 at 09:00 UTC)
| Price | USD 47.69 |
|---|---|
| Change | ▲ 2.19% (up) |
| Previous Close | USD 46.67 |
| Open | USD 46.95 |
| Day Range | USD 46.37 – 47.93 |
| 52-Week Range | USD 28.75 – 51.47 |
| Volume | 137,954 shares |
| Market Cap | $2.19B |
| Exchange | NCM |
Technical Analysis (MBIN)
Nexqual's technical model rates MBIN "STRONG SELL" based on 0 bullish and 5 bearish signals across 125 daily candles, as of July 25, 2026 at 09:00 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.7 (neutral) |
| vs SMA50 | Below (USD 48.01) |
| MACD | -0.1 (negative) |
Analyst Ratings (MBIN)
Wall Street analysts rate MBIN "None" based on 2 analysts, with a mean price target of USD 53.5 (range USD 49–58), per Nexqual as of July 25, 2026 at 09:00 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 2 |
| Mean Target | USD 53.5 |
| High Target | USD 58 |
| Low Target | USD 49 |
| Buy / Hold / Sell | 1 / 2 / 0 |
Earnings (MBIN)
| Next Earnings Date | 2026-07-28 |
|---|---|
| EPS Estimate | USD 1.22 |
| Revenue Estimate | $179.20M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD 1.25 vs est 1.16 ▲ beat |
| 2025-12-31 | USD 1.28 vs est 0.94 ▲ beat |
| 2025-09-30 | USD 0.97 vs est 0.79 ▲ beat |
| 2025-06-30 | USD 0.6 vs est 1.12 ▼ miss |
Source: Nexqual, July 25, 2026 at 09:00 UTC.
Financials & Fundamentals (MBIN)
| Total Revenue | $585.48M |
|---|---|
| Revenue Growth (YoY) | +15.80% |
| Gross Margin | +0.00% |
| Operating Margin | +57.97% |
| Profit Margin | +38.99% |
| ROE | +10.17% |
| Total Cash | $588.03M |
| Total Debt | $4.79B |
Source: Nexqual, July 25, 2026 at 09:00 UTC.
Financial Health Score (MBIN)
Nexqual rates Merchants Bancorp's overall financial health "Weak" across five dimensions, as of July 25, 2026 at 09:00 UTC.
| Growth | Mixed — Revenue +1.6% YoY (annual), slow |
|---|---|
| Profitability | Critical — Gross margin 0% |
| Balance Sheet | Mixed — $588M cash vs $4.79B debt |
| Cash Flow | Weak — Operating cash flow -$1.09B |
| Efficiency | Mixed — ROE 10%, ROA 1.2% |
Ownership (MBIN)
| Insider Ownership | +45.95% |
|---|---|
| Institutional Ownership | +99.53% |
| Shares Outstanding | 45.94M |
| Float | 28.83M |
| Short % of Float | +6.18% |
Source: Nexqual, July 25, 2026 at 09:00 UTC.
Leadership (MBIN)
Merchants Bancorp is led by Michael F. Petrie CMB (age 71), Co-Founder, Chairman & CEO, per Nexqual as of July 25, 2026 at 09:00 UTC.
| Co-Founder, Chairman & CEO | Michael F. Petrie CMB (age 71) |
|---|---|
| President, COO & Director | Michael J. Dunlap (age 59) |
| Chief Financial Officer | Sean A. Sievers (age 57) |
| President of Warehouse Lending | Martin A. Schroeter (age 63) |
| President & CEO of Merchants Capital Corp | Michael R. Dury (age 40) |
Major Backers & Investors (MBIN)
Notable institutional backers of Merchants Bancorp include American Century Companies Inc, Doma Perpetual Capital Management LLC, Nomura Asset Management International Inc, according to Nexqual as of July 25, 2026 at 09:00 UTC.
Active Investors
| Investor | Stake |
|---|---|
| American Century Companies Inc | 3.14% |
| Doma Perpetual Capital Management LLC | 2.43% |
| Nomura Asset Management International Inc | 2.38% |
| Delaware Group Equity Funds V-Nomura Small Cap Value Fund | 1.57% |
| Royce & Associates LP | 1.23% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.66% |
| Vanguard Group | 4.3% |
| Dimensional Fund Advisors | 3.83% |
| State Street | 2.84% |
| Geode Capital | 1.58% |
Source: Nexqual, July 25, 2026 at 09:00 UTC.
From Merchants Bancorp's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Human Capital As of December 31, 2025, we had approximately 735 employees located in multiple states, including 424 employees in central Indiana.
- Our syndication platform, paired with our comprehensive suite of debt offerings, allows us to deliver financing on all aspects of affordable housing transactions.
Partnerships
- MIP, operating as a subsidiary but with its own distinct investment criteria, ultimately supports the mission of MCC by creating additional lending capacity and competitive loan terms for clients.
- The Federal Reserve may disapprove such a purchase or redemption if it determines that the proposal would constitute an unsafe and unsound practice, or would violate any law, regulation, Federal Reserve order or directive, or any condition imposed by, or written agreement with, the Federal Reserve.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MSBI | Midland States Bancorp, Inc. | USD 32.25 | ▲ 4.54% |
| RBB | RBB Bancorp | USD 26.28 | ▼ 0.64% |
| QCRH | QCR Holdings, Inc. | USD 100.15 | ▲ 4.01% |
| MVBF | MVB Financial Corp. | USD 29.1 | ▲ 0.62% |
| BFST | Business First Bancshares, Inc. | USD 31.16 | ▲ 2.2% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: July 25, 2026 at 09:00 UTC. This page is informational and not investment advice.