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Merchants Bancorp (MBINN)

Financial Services | Banks - Regional | Carmel, United States | NasdaqCM
20.17 USD -0.10 (-0.493%) ⇩ (April 17, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★★
Hot Take | April 19, 2026, 1:04 a.m. EDT

Merchants Bancorp presents a compelling high-yield defensive play, anchored by a 7.44% yield with a consistent 16-year payment history and a recent dividend increase, making it attractive for income investors despite concerning fundamentals. The stock trades at a significant discount (P/B 0.54) to its book value, suggesting a deep value trap risk, while negative earnings growth and poor recent price momentum (downside bias) limit its near-term price appreciation potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.029439
AutoTheta0.033294
AutoETS0.034654
AutoARIMA0.035393

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 55%
H-stat 2.45
Ljung-Box p 0.000
Jarque-Bera p 0.580
Excess Kurtosis 0.75
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-12
Last Dividend Date 2026-03-12
Revenue per Share 12.288
Trailing P/E 4.55
Beta 1.16
Profit Margins 38.81%
Website https://investors.merchantsbancorp.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.87% 7.74% 8.28%
Dividend History
Date Dividend Yield %
2026-03-13 0.375 1.869392
2025-12-15 0.375 2.024702
2025-09-15 0.375 1.839368
2025-06-13 0.375 2.005686
2025-03-14 0.375 1.892475
2024-12-13 0.375 1.889394
2024-09-13 0.375 1.923677
2024-06-14 0.375 2.003068
2024-03-14 0.375 2.110813
2023-12-14 0.375 2.233002
2023-09-14 0.375 2.446426
2023-06-14 0.375 2.611263
2023-03-14 0.375 2.423135
2022-12-14 0.375 2.309209
2022-09-14 0.375 2.083675
2022-06-14 0.375 2.216296
2022-03-14 0.375 2.055653
2021-12-14 0.375 1.947667
2021-09-14 0.375 1.962890
2021-06-14 0.408 2.138964
Additional Data
dividendRate 1.5
dividendYield 7.44
exDividendDate 2026-03-13
trailingAnnualDividendRate 0.4
trailingAnnualDividendYield 0.019733597
lastDividendValue 0.375
lastDividendDate 2026-03-13
dividendDate 2026-04-01

Info Dump

Attribute Value
52 Week Change 0.049973965
Address1 410 Monon Boulevard
All Time High 29.37
All Time Low 15.92
Ask 20.36
Ask Size 1
Average Daily Volume10 Day 6,500
Average Daily Volume3 Month 12,211
Average Volume 12,211
Average Volume10Days 6,500
Beta 1.161
Bid 20.42
Bid Size 1
Book Value 37.685
City Carmel
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 20.17
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 20.5
Day Low 20.17
Dividend Date 1,775,001,600
Dividend Rate 1.5
Dividend Yield 7.44
Earnings Growth -0.306
Earnings Quarterly Growth -0.291
Earnings Timestamp End 1,754,049,600
Earnings Timestamp Start 1,753,700,340
Ebitda Margins 0.0
Enterprise To Revenue 7.886
Enterprise Value 4,445,266,944
Eps Trailing Twelve Months 4.43
Esg Populated 0
Ex Dividend Date 1,773,360,000
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.1304
Fifty Day Average Change 0.039600372
Fifty Day Average Change Percent 0.0019671926
Fifty Two Week Change Percent 4.9973965
Fifty Two Week High 21.6
Fifty Two Week High Change -1.4300003
Fifty Two Week High Change Percent -0.06620371
Fifty Two Week Low 18.27
Fifty Two Week Low Change 1.8999996
Fifty Two Week Low Change Percent 0.1039956
Fifty Two Week Range 18.27 - 21.6
Financial Currency USD
First Trade Date Milliseconds 1,615,987,800,000
Float Shares 21,107,159
Full Exchange Name NasdaqCM
Full Time Employees 735
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 563,692,992
Has Pre Post Market Data 1
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Ipo Expected Date 2,021-03-23
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,773,360,000
Last Dividend Value 0.375
Last Fiscal Year End 1,767,139,200
Long Business Summary Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates, and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for housing development and healthcare facilities financing. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Long Name Merchants Bancorp
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_46401304
Most Recent Quarter 1,767,139,200
Net Income To Common 173,552,000
Next Fiscal Year End 1,798,675,200
Open 20.25
Operating Cashflow -341,248,000
Operating Margins 0.52007
Phone 317 569 7420
Previous Close 20.27
Price Hint 2
Price To Book 0.5352262
Profit Margins 0.38810003
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.10000038
Regular Market Change Percent -0.49334177
Regular Market Day High 20.5
Regular Market Day Low 20.17
Regular Market Day Range 20.17 - 20.5
Regular Market Open 20.25
Regular Market Previous Close 20.27
Regular Market Price 20.17
Regular Market Time 1,776,456,000
Regular Market Volume 4,205
Return On Assets 0.0114400005
Return On Equity 0.09671
Revenue Growth -0.176
Revenue Per Share 12.288
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 7,095
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 13,709
Short Name Merchants Bancorp - Depositary
Short Ratio 1.74
Source Interval 15
State IN
Symbol MBINN
Total Cash 890,798,016
Total Cash Per Share 19.381
Total Debt 3,857,719,040
Total Revenue 563,692,992
Tradeable 0
Trailing Annual Dividend Rate 0.4
Trailing Annual Dividend Yield 0.019733597
Trailing Eps 4.43
Trailing P E 4.5530477
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.02375
Two Hundred Day Average Change 0.14624977
Two Hundred Day Average Change Percent 0.0073038153
Type Disp Equity
Volume 4,205
Website https://investors.merchantsbancorp.com
Zip 46,032