Latest market price
52.66
+0.57+1.09%
MBINQT78Merchants Bancorp·NASDAQ
52.66+1.09%
TA
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Signal & projected range
Earnings big beat — drift (PEAD)Historical pattern — not a prediction
Recent priceDays this stock last showed the setupRange of past outcomes (±1σ)
Horizon
0%Past 3 monthsToday
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Over the next 20 trading days, similar setups historically landed in a measured range of outcomes. Unlock with Premium to see the median return, the typical range, and how often they were positive. This is the historical range of outcomes — not a prediction of this stock’s price.

Ranges describe how this exact setup resolved in the past — derived from thousands of historical occurrences across QuoTrend’s coverage since 2006, survivorship-corrected to include companies that later delisted. The band is the typical spread (±1σ) of those outcomes, not a forecast; the central value is their average move. Fewer matching cases over longer horizons widen the band and lower its reliability. Backtested results are hypothetical, based on historical data, and do not represent actual trading. Past performance does not guarantee or predict future results. QuoTrend is an educational research tool, not investment advice. Markets involve risk, including loss of principal.

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Snapshot
Index—P/E8.68EPS (ttm)6.07Insider Own16.82%Shs Outstand45.94MPerf Week6.23%
Market Cap2.42BForward P/E8.75EPS next Y6.02Insider Trans-0.74%Shs Float19.24MPerf Month5.43%
Enterprise Value6.70BPEG1.83EPS next Q1.43Short Float10.25%Perf Quarter-5.29%
Income319.00MP/S1.78EPS this Y78.52%Short Ratio10.47Perf Half Y14.70%
Sales1.36BP/B1.01EPS next Y-3.01%ROA1.53%Short Interest1.97MPerf YTD54.61%
Book/sh52.11P/C134.41EPS next 5Y4.75%ROE13.45%52W High56.87 -7.40%Perf Year68.40%
Cash/sh0.39P/FCF—EPS past 3/5Y-5.44% -0.37%ROIC4.82%52W Low30.37 73.39%Perf 3Y97.82%
Dividend Est.0.44 (0.84%)EV/EBITDA11.94Sales past 3/5Y31.37% 27.76%Gross Margin49.12%Volatility3.64% 2.91%Perf 5Y82.66%
Dividend TTM0.43 (0.82%)EV/Sales4.93EPS Y/Y TTM39.54%Oper. Margin25.46%ATR (14)1.67Perf 10Y—
Dividend Ex-DateSep 15, 2026Quick Ratio0.40Sales Y/Y TTM-2.16%Profit Margin23.50%RSI (14)64.49Recom2.43
Dividend Gr. 3/5Y12.62% 13.40%Current Ratio0.40EPS Q/Q112.37%SMA206.49%Beta1.18Target Price67.00
Payout18.91%Debt/Eq1.80Sales Q/Q13.95%SMA503.16%Rel Volume1.03Prev Close52.09
Employees735LT Debt/Eq0.04EarningsJan 27SMA20010.42%Avg Volume183.81KPrice52.66
IPO DateOct 27, 2017Option/ShortYes / YesEPS/Sales Surpr.47.85% 22.95%Net Debt/EBITDA7.63Volume189,614Change1.09%
Analyst Ratings
DateActionAnalystRatingTarget
Oct-29-26ReiteratedMorgan StanleyEqual Weight$65 → $66
Oct-29-26ReiteratedPiper SandlerOverweight$63 → $68
Oct-05-26ReiteratedPiper SandlerOverweight$64 → $63
Sep-08-26ReiteratedMorgan StanleyEqual Weight$49 → $65
Jul-29-26ReiteratedPiper SandlerOverweight$58 → $64
Jul-01-26DowngradeRaymond JamesOutperform → Market Perform
Jun-29-26ReiteratedMorgan StanleyEqual Weight$39 → $49
Apr-30-26ReiteratedRaymond JamesOutperform$49 → $51
Apr-29-26ReiteratedPiper SandlerOverweight$51 → $58
Oct-30-25ReiteratedUBS$41 → $42
Latest News· Times ET
Oct-29-26
Oct-28-26
Oct-23-26
Oct-22-26
Oct-21-26
Oct-18-26
Oct-13-26
Oct-06-26
Oct-05-26
Oct-01-26
Sep-28-26
Sep-25-26
Sep-23-26
Company

Merchants Bancorp operates as a diversified financial services holding company across the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking division focuses on originating and servicing government-sponsored mortgages for multi-family dwellings and healthcare institutions. It also tailors loan products specifically for independent living, assisted living, memory care, and skilled nursing developments, and serves as a syndicator for low-income housing tax credits and related debt funds. The Mortgage Warehousing division provides funding for residential loans eligible for agency backing, covering their initiation, acquisition, and sale within the secondary market, in addition to extending commercial credit to non-depository financial firms. Finally, the Banking division offers a broad spectrum of financial products and services to both individual consumers and businesses. These offerings encompass various deposit accounts and a diverse portfolio of loan options, including multi-family construction and bridge loans, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer credit. Furthermore, this segment facilitates single-family mortgage lending, construction, bridge, and lot financing, first-lien home equity lines of credit, and Small Business Administration (SBA) lending programs. Founded in 1990, Merchants Bancorp maintains its corporate headquarters in Carmel, Indiana.

Ownership

Per-holder 13F data hasn't been ingested for this ticker yet.

Financial Statements
DataTimeframe
Line Item (USD, M)
TTM
—
FY 2025
12/31/2025
FY 2024
12/31/2024
FY 2023
12/31/2023
FY 2022
12/31/2022
FY 2021
12/31/2021
FY 2020
12/31/2020
FY 2019
12/31/2019
FY 2018
12/31/2018
Total Revenue1,3581,3651,4471,189—————
Cost of Goods Sold Incl. D&A691802804670—————
Gross Profit668564643519—————
Selling, General and Administrative Excl. Other174177157122—————
Research and Development
0000—————
Other Operating Expense1481236349—————
Operating Income345264423348—————
Interest Expense636684780630—————
Unusual Expense
—————————
Non-Operating Income (Expense)681684780630—————
Net Income Before Taxes391264423348—————
Income Taxes724510269—————
Consolidated Net Income319219320279—————
Net Income From Continuing Operations319219320279—————
Net Income319219320279—————
EPS (Recurring)6.083.786.325.66—————
EPS (Basic, Before Extraordinaries)6.083.786.325.66—————
EPS (Diluted)6.073.786.305.64—————
EBITDA561267426351—————
Other After Tax Adjustments
—————————
Stock Option Compensation Expense
—————————
Price To Earnings Ratio8.689.015.797.55—————
Price To Sales Ratio1.781.151.131.54—————
Gross Margin49.1941.3244.4443.65—————
Operating Margin25.4119.3429.2329.27—————
Net Margin23.4916.0422.1123.47—————
Shares Outstanding46464543—————
Market Capitalization2,4221,5671,6411,831—————
Operating Lease Expense
—————————
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Insider Trading Volume
$59.52$51.29$43.07$34.85$26.63● Close Price0.00M0.51M1.01M1.52M2.02MUSD Trades VolumeNovDec2026FebMarAprMayJunJulAugSepOctNov
Insider Trading
InsiderRelationshipDateTransactionCost#SharesValue ($)#Shares TotalSEC Form 4
Kaercher Julia L.DirectorJul 30 '26Sale55.209,000496,800727,103Jul 31
Petrie Michael F.Chairman and CEOJul 30 '26Sale55.209,000496,800727,013Jul 31
Petrie Michael F.Chairman and CEOMay 06 '26Sale46.868,334390,5311,864,994May 07
Petrie Michael F.Chairman and CEOMay 05 '26Sale46.7530,6961,435,038736,013May 07
Petrie Michael F.Chairman and CEOFeb 26 '26Sale32.6228,871941,6382,958Feb 27
Petrie Michael F.Chairman and CEOFeb 25 '26Sale20.203777,61516,829Feb 27
Petrie Michael F.Chairman and CEOFeb 18 '26Sale20.201,50230,34017,206Feb 19
Petrie Michael F.Chairman and CEOFeb 17 '26Sale20.201002,02018,708Feb 19
Petrie Michael F.Chairman and CEOFeb 10 '26Sale20.204,45589,99118,808Feb 12
Schroeter Martin APresident-Warehouse LendingFeb 10 '26Sale46.065,500253,33010,881Feb 12
Petrie Michael F.Chairman and CEOFeb 09 '26Sale20.2014,610295,12223,263Feb 10
Petrie Michael F.Chairman and CEOFeb 06 '26Sale20.207,149144,41037,873Feb 10
Petrie Michael F.Chairman and CEOFeb 05 '26Sale20.202,03441,08745,022Feb 05
Petrie Michael F.Chairman and CEOFeb 04 '26Sale20.206,929139,96647,056Feb 05
Petrie Michael F.Chairman and CEOFeb 03 '26Sale20.201,38327,93753,985Feb 05
QuoTrend signals describe historical patterns and statistics — educational information, not investment advice or a recommendation to buy or sell. Past performance doesn’t guarantee future results. Every figure traces to QuoTrend data. Historical patterns — not a prediction or advice.