MBINM Merchants Bancorp - Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock
NASDAQ · Financial Services · View on SEC EDGAR ↗ 10-K/10-Q May 7, 2026MBINM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MBINM Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | MBINM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/B (MRQ) | 0.5 | · | 1.0 | Undervalued |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Not enough fundamentals data to compute this ratio group yet.
Financial Health Debt, liquidity, solvency — balance sheet strength
Not enough fundamentals data to compute this ratio group yet.
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 15, 2026 | $0.52 | USD | ≈8.1% |
| Jun 15, 2026 | $0.52 | USD | ≈8.1% |
| Mar 13, 2026 | $0.52 | USD | ≈8.2% |
| Dec 15, 2025 | $0.52 | USD | ≈8.3% |
| Sep 15, 2025 | $0.52 | USD | ≈8.3% |
| Jun 13, 2025 | $0.52 | USD | ≈8.2% |
| Mar 14, 2025 | $0.52 | USD | ≈8.0% |
| Dec 13, 2024 | $0.52 | USD | ≈8.0% |
| Sep 13, 2024 | $0.52 | USD | ≈8.0% |
| Jun 14, 2024 | $0.52 | USD | ≈8.1% |
| Mar 14, 2024 | $0.52 | USD | ≈8.3% |
| Dec 14, 2023 | $0.52 | USD | ≈8.2% |
| Sep 14, 2023 | $0.52 | USD | ≈8.5% |
| Jun 14, 2023 | $0.52 | USD | ≈6.7% |
| Mar 14, 2023 | $0.52 | USD | ≈4.4% |
| Dec 14, 2022 | $0.54 | USD | ≈2.0% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | $1.48 | $1.24 | 18.9% | |
| March 31, 2026 | $1.25 | $1.17 | 6.5% | |
| Dec. 31, 2025 | $1.28 | $0.96 | 33.7% | |
| Sept. 30, 2025 | $0.97 | $0.81 | 20.5% | |
| June 30, 2025 | $0.60 | $1.14 | -47.5% | |
| March 31, 2025 | $1.04 | $1.28 | -18.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
We don't have SEC filings for this ticker yet.
Income Statement
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Interest Income | $271M | $287M | |
| Pretax Income | $84M | $76M | |
| Income Tax | $17M | $18M | |
| Net Income | $68M | $58M | |
| EPS (Basic) | $1.25 | $0.93 | |
| EPS (Diluted) | $1.25 | $0.93 | |
| Shares (Basic) | 45,929,936 | 45,824,022 | |
| Shares (Diluted) | 45,997,744 | 45,914,083 |
Balance Sheet
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| PP&E (Net) | $74M | · | |
| Goodwill | $8M | · | |
| Total Assets | $20.32B | · | |
| Total Liabilities | $17.99B | · | |
| Common Stock | $243M | · | |
| Retained Earnings | $1.54B | · | |
| AOCI | $-804.0K | · | |
| Stockholders' Equity | $2.33B | · | |
| Liabilities + Equity | $20.32B | · | |
| Shares Outstanding | 45,935,408 | · |
Cash Flow
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Operating Cash Flow | $-597M | $148M | |
| CapEx | $1M | $7M | |
| Investing Cash Flow | $-335M | $-903.0K | |
| Stock Repurchased | $3M | · | |
| Net Stock Activity | $-3M | · | |
| Dividends Paid | $15M | $15M | |
| Financing Cash Flow | $804M | $-102M | |
| Net Change in Cash | $-129M | $45M | |
| Taxes Paid | $2M | $3M | |
| Free Cash Flow | $-598M | · |
Profitability
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Net Margin | 38.6% | · | |
| Pretax Margin | 48.1% | · | |
| ROA | 0.35% | · | |
| ROE | 3.0% | · |
Efficiency
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Asset Turnover | 0.0 | · |
Per Share
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Book Value / Share | $50.73 | · | |
| Revenue / Share | $3.81 | · | |
| Cash Flow / Share | $-12.99 | · | |
| Dividend / Share | $0.44 | $0.40 | |
| EPS (TTM) | $4.10 | $5.43 |
Valuation (TTM)
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Revenue TTM | $711M | $649M | |
| Net Income TTM | $228M | $292M | |
| Market Cap | $1.12B | · | |
| P/E | 5.9 | 4.7 | |
| P/S | 1.6 | 1.8 | |
| P/B | 0.5 | · | |
| P / Tangible Book | 0.5 | · | |
| P / Cash Flow | -1.9 | · | |
| Dividend Yield | 5.3% | 4.5% | |
| Earnings Yield | 16.8% | 21.2% | |
| Payout Ratio | 22.6% | · | |
| Annual Payout | $60M | $53M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Not enough fundamentals data to build this statement yet.
Not enough fundamentals data to build this statement yet.
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 2 filers · $113K total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 0 (0 vs prior Q) | 0 (0 vs prior Q) | 0 (0 vs prior Q) | 0 (0 vs prior Q) | 0 |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Archer Investment Corp | $100,400 | 4,000 | 88.67% | Shares |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | $12,835 | 500 | 11.33% | Shares |
ETF ownership Held by 1 ETF
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PFLD · ETF Series Solutions | 0.08% | 12,572 NS | July 31, 2026 | N-PORT |
MBINM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MBINM | · | · | · | · | · | · |
| RDN | $4.88B | 8.7 | -0.76% | 48.7% | 12.4% | · |
| PFSI | $6.86B | 14.2 | -25.2% | 2491.9% | 12.0% | · |
| NMIH | $3.11B | 8.3 | 8.5% | 55.0% | 15.5% | · |
| MBIN | · | · | · | · | · | · |
| UWMC | · | 36.5 | 18.2% | 0.87% | 1.6% | · |
| AGM | · | 10.6 | 8.9% | 50.8% | 12.7% | · |
| WD | $2.01B | 36.7 | 9.0% | 4.6% | 3.2% | · |
| VEL | $822M | 7.5 | 36.8% | 56.5% | 17.7% | · |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.