MBIN logo

MERCHANTS BANCORP/IN

MBINNASDAQ
πŸ† #1866 by market capUS Equity
$1,016.63β–Ό $25.62 (βˆ’2.52%)
Simulated price
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🏦Market Cap
$2.39B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-5.7%
Declining
πŸ“ŠGross Margin
45.4%
Healthy
πŸ’΅FCF Margin
-43.5%
Thin
βš–οΈP/S Ratio
1.8x
Cheap
Otter Score
60
Fair
No chart data available for MBIN.

Trading Snapshot

Day Range
$1,002.63 – $1,032.61
52-Week Range
$30.37 – $56.87
Volume
$3.18B
Avg Volume
$4.14B
Shares Outstanding
45.9M
Next Earnings
Nov 30, 2026

Fundamentals Snapshot

Annual Revenue
$1.37B
Last Q Revenue
$294M
P/E Ratio
10.5
P/S Ratio
1.8x
EPS (TTM)
$5.85
Dividend Yield
0.83%
Dilution (1yr)
+0.1%

Why Investors Own MBIN

  • βœ“High-growth profile β€” revenue up +1.3% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 45% gross margin and 20% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

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MERCHANTS BANCORP/IN

MBIN
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$1.4Bβ–Ό βˆ’5.7% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
41.3%β–Ό βˆ’7.0% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$264Mβ–Ό βˆ’37.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$170Mβ–Ό βˆ’80.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
46.0Mβ–² +0.1% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$3.8Bβ–² +$33M YoY
StockOtter Β· stockotter.space

About MERCHANTS BANCORP/IN

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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
60/100

Analyst Price Target

β“˜
Average Target
$1,277.10
β–² +25.6% Upside
High Target$1,546.42
Low Target$1,132.87
Based on 20 analysts

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