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MBINL NASDAQ US

Merchants Bancorp - Depositary Shares, Each Representing a 1/40th Interest in a Share of 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock, without par value

Financial Services · Financial Services Website · IPO Oct 2017
$24.03
▼ $-0.01 (-0.04%)
Vol 44K
6
Quality Score
fail
Mkt Cap
$1.6B
P/E
6.3
ROE
11.2%
D/E
6.96
Beta
1.29
Div Yield
1.17%
52W
$27–$44

Wall Street Consensus

9 analysts · Apr 2026
2
Strong Buy
5
Buy
2
Hold
0
Sell
0
Strong Sell
77.8%
Buy Rating

Price Chart

Earnings

Beat rate: 50.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.96 $1.28 +$0.32
Sep 2025 $0.81 $0.97 +$0.16
Jun 2025 $1.14 $0.60 $-0.54
Mar 2025 $1.28 $1.04 $-0.24

Quarterly Revenue & Earnings

Quarter 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $193.1M $145.1M $178.1M $169.8M $184.3M
Net Income $95.7M $58.2M $38.0M $54.7M $67.8M

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) 11.9% 11.9% 11.9% 11.2% 11.2% 11.2%
P/E (TTM) 5.99 5.88 5.80 5.80 6.13 6.33
Net Margin
Gross Margin
D/E Ratio 15.05 183.48 15.06 130.43 6.96 6.96
Current Ratio

Key Ratios

ROA (TTM)
1.3%
P/B
0.7
EPS (TTM)
$5.37
52W High
$43.82
52W Low
$27.25
$27.25 52-Week Range $43.82

Financial Health

Free Cash Flow
-$403.3M
Net Debt
$3.6B
Cash
$212.2M
Total Debt
$3.8B
As of Dec 31, 2025

How does MBINL compare to Financial Services peers?

Peer group: Small-cap Financial Services ($300M+) · 132 companies

MBINL ACT ACTG AFRM ALRS

MBINL valuation vs Financial Services peers

P/E ratio
6.3
49% below peers (12.3)
vs Peers
vs Industry
Undervalued
P/S ratio
0% below peers (3.3)
vs Peers
vs Industry
Overvalued
P/B ratio
0.7
54% below peers (1.6)
vs Peers
vs Industry
Undervalued
Div yield
1.2%
74% below peers (4.5%)
vs Peers
vs Industry
Low yield

MBINL profitability vs Financial Services peers

ROE
11.2%
9% below peers (12.3%)
vs Peers
vs Industry
In line
Net margin
0% below peers (18.9%)
vs Peers
vs Industry
Top tier
Gross margin
0% below peers (65.1%)
vs Peers
vs Industry
Top tier
ROA
1.3%
55% below peers (2.9%)
vs Peers
vs Industry
Weak

MBINL financial health vs Financial Services peers

D/E ratio
7.0
93% below peers (103.6)
vs Peers
vs Industry
Low debt
Current ratio
0% below peers (1.2)
vs Peers
vs Industry
Strong liquidity
Beta
1.3
36% above peers (1.0)
vs Peers
vs Industry
More volatile

MBINL fundamentals radar

MBINL Peer median Industry

MBINL profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

MBINL vs peers: key metrics

Top Holders

Archer Investment Corp
$9K
As of Dec 31, 2025

Dividends

$1.91
/ year
Mar 13, 2026 $0.4770
Dec 15, 2025 $0.4770
Sep 15, 2025 $0.4770
Jun 13, 2025 $0.4770
Mar 14, 2025 $0.4770
Dec 13, 2024 $0.1960

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