MBIN
Merchants BancorpCompany Information
- Company Name
- Merchants Bancorp
- CIK
- CIK0001629019
- Category
- Large accelerated filer
- Ticker: Exchange
- MBIN: Nasdaq, MBINL: Nasdaq, MBINM: Nasdaq, MBINN: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 02 Finance
- SIC
- 6022
- SIC Description
- State Commercial Banks
- Ticker
- MBIN
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-10-30
- Last sale
- 2026-07-30
- Shares purchased (TTM)
- 40,353
- Shares sold (TTM)
- 95,930
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 45,248,348
- Shares outstanding
- 45,936,610
- Ownership
- 98.50%
Earnings Market Reaction
- Filing date
- 2026-08-07
- Price on filing date
- —
- 1-month reaction
- -1.55%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock Series C6 Percent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Series D8.25 Percent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Series E7.625 Percent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | ||||||
Assets | ||||||||||||||||||
| Cash And Due From Banks | 18 | 20 | 16 | 12 | 15 | 16 | 11 | 12 | 10 | 18 | 16 | 11 | ||||||
| Interest Bearing Deposits In Banks | 297 | 64 | 196 | 586 | 632 | 506 | 466 | 590 | 531 | 491 | 569 | 397 | ||||||
| Cash And Cash Equivalents At Carrying Value | 315 | 83 | 212 | 598 | 647 | 521 | 477 | 602 | 541 | 509 | 584 | 407 | ||||||
| Securities Purchased Under Agreements To Resell | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | ||||||
| Trading Securities | 407 | 437 | 620 | 415 | 402 | 390 | 428 | 431 | 209 | 143 | 111 | 476 | ||||||
| Debt Securities Available For Sale Excluding Accrued Interest | 820 | 844 | 865 | 885 | 936 | 961 | 980 | 953 | 1,017 | 1,061 | 1,114 | 625 | ||||||
| Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss | 1,355 | 1,426 | 1,544 | 1,671 | 1,548 | 1,606 | 1,665 | 1,755 | 1,291 | 1,175 | 1,204 | 1,013 | ||||||
| Federal Home Loan Bank Stock | - | 228 | - | - | - | 218 | - | - | 67 | 64 | 49 | 48 | ||||||
| Loans Receivable Held For Sale Net Not Part Of Disposal Group | 4,616 | 4,710 | 3,873 | 4,129 | 4,106 | 3,983 | 3,772 | 3,808 | 3,483 | 3,503 | 3,145 | 3,477 | ||||||
| Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss | 12,263 | 11,400 | 10,951 | 10,515 | 10,432 | 10,344 | 10,354 | 10,262 | 10,933 | 10,691 | 10,128 | 9,911 | ||||||
| Property Plant And Equipment Net | 75 | 74 | 74 | 75 | 71 | 68 | 59 | 53 | 47 | 42 | 42 | 37 | ||||||
| Servicing Asset At Fair Value Amount | 237 | 230 | 217 | 213 | 193 | 190 | 190 | 177 | 179 | 172 | 158 | 162 | ||||||
| Interest Receivable | 82 | 77 | 82 | 82 | 82 | 83 | 83 | 87 | 90 | 90 | 91 | 78 | ||||||
| Goodwill | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 16 | 16 | ||||||
| Intangible Assets Net Excluding Goodwill | - | - | - | - | - | - | - | - | - | 0 | 1 | 1 | ||||||
| Other Real Estate | 72 | 60 | 60 | - | - | - | 8 | - | - | - | - | - | ||||||
| Assets | 21,230 | 20,322 | 19,449 | 19,355 | 19,141 | 18,798 | 18,806 | 18,653 | 18,212 | 17,823 | 16,953 | 16,495 | ||||||
Deposits Interest Bearing And Noninterest Bearing Alternative | ||||||||||||||||||
| Noninterest Bearing Deposit Liabilities | 607 | 502 | 604 | 400 | 316 | 313 | 239 | 311 | 383 | 320 | 520 | 288 | ||||||
| Interest Bearing Deposit Liabilities | 13,648 | 12,450 | 12,437 | 13,535 | 12,371 | 12,093 | 11,681 | 12,581 | 14,534 | 13,656 | 13,541 | 12,719 | ||||||
| Deposits | 14,254 | 12,952 | 13,041 | 13,935 | 12,687 | 12,406 | 11,920 | 12,892 | 14,917 | 13,976 | 14,061 | 13,007 | ||||||
| Debt Longterm And Shortterm Combined Amount | 4,283 | 4,773 | 3,843 | 2,903 | 4,009 | 4,002 | 4,386 | 3,569 | 1,159 | 1,836 | 964 | 1,654 | ||||||
| Other Liabilities | 249 | 220 | 251 | 263 | 231 | 193 | 231 | 234 | 223 | 191 | 206 | 183 | ||||||
| Liabilities | 18,836 | 17,991 | 17,168 | 17,129 | 16,957 | 16,637 | 16,562 | 16,714 | 16,324 | 16,046 | 15,251 | 14,863 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value | 244 | 243 | 243 | 242 | 241 | 241 | 240 | 239 | 238 | 140 | 140 | 140 | ||||||
| Retained Earnings Accumulated Deficit | 1,599 | 1,536 | 1,486 | 1,432 | 1,392 | 1,369 | 1,331 | 1,250 | 1,201 | 1,138 | 1,064 | 998 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -1 | -1 | -0 | -0 | -0 | -0 | -0 | 0 | -1 | -1 | -2 | -5 | ||||||
| Stockholders Equity | 2,394 | 2,330 | 2,281 | 2,225 | 2,185 | 2,161 | 2,243 | 1,939 | 1,888 | 1,776 | 1,701 | 1,633 | ||||||
| Liabilities And Stockholders Equity | 21,230 | 20,322 | 19,449 | 19,355 | 19,141 | 18,798 | 18,806 | 18,653 | 18,212 | 17,823 | 16,953 | 16,495 | ||||||
| Preferred Stock7 | - | - | - | - | - | - | 0 | 0 | -2 | 2 | 2 | 0 | ||||||
| Preferred Stock Series B6 Percent | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Debt Securities Available For Sale Excluding Accrued Interest Current | 528 | 550 | 571 | 591 | 603 | 626 | 636 | 683 | 683 | 701 | 722 | - | ||||||
| Held To Maturity Securities Fair Value | 1,354 | 1,426 | 1,544 | 1,670 | 1,548 | 1,605 | 1,665 | 1,756 | 1,292 | 1,176 | 1,204 | 1,011 | ||||||
| Loans Held For Sale Fair Value Disclosure | 148 | 163 | 77 | 113 | 92 | 76 | 78 | 91 | 103 | 85 | 87 | 91 | ||||||
| Loans Receivable Fair Value Disclosure | 46 | 46 | 47 | - | - | - | 0 | - | - | - | - | - | ||||||
| Financing Receivable Allowance For Credit Loss Excluding Accrued Interest | 76 | 77 | 83 | 93 | 92 | 83 | 84 | 85 | 81 | 76 | 72 | 67 | ||||||
Stockholders Equity Number Of Shares Par Value And Other Disclosures | ||||||||||||||||||
| Common Stock Shares Authorized | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | ||||||
| Common Stock Shares Issued | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 43 | 43 | 43 | ||||||
| Shares Outstanding | - | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 43 | 43 | 43 | ||||||
| Preferred Stock Dividend Rate Percentage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialMerchants Bancorp (MBIN) — SEC Financial Statements & Analysis
Merchants Bancorp (MBIN) is a state commercial banks company, incorporated in IN. Merchants Bancorp trades on Nasdaq as: MBIN, MBINL, MBINM, MBINN. Merchants Bancorp (MBIN)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-07. Based on that filing, Merchants Bancorp carries a market cap of $2.30B, a P/E ratio of 8.55x, a P/B ratio of 0.96x, a P/S ratio of 1.96x, an enterprise value of $1.98B, and an EV/EBITDA multiple of 5.66x. On profitability, it posts a gross margin of 45.26%, an operating margin of 27.48%, a net margin of 22.88%, a Return on Equity (ROE) of 11.73%, and a Return on Invested Capital (ROIC) of 15.70%. Per share, it reports EPS of $5.85, diluted EPS of $5.84, free cash flow per share of $-16.66, and a dividend per share of $1.31. Over the trailing year, it posted revenue growth of -6.23% year-over-year, net income growth of 2.85% year-over-year, and EPS growth of 2.73% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 15.01x, free cash flow of $-765.32M (TTM), and net debt of $-314.70M. Figures sourced from SEC EDGAR.
- Market Cap
- $2.30B
- P/E TTM
- 8.55x
- EPS TTM
- $5.85
- P/B TTM
- 0.96x
- ROE TTM
- 11.73%
- Free Cash Flow TTM
- $-765.32M
- Net Revenue TTM Growth 1Y
- -6.23%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Merchants Bancorp in?
Merchants Bancorp (MBIN) operates in the State Commercial Banks industry.
What exchange does MBIN trade on?
Merchants Bancorp (MBIN) trades on the Nasdaq.
Where is Merchants Bancorp incorporated?
Merchants Bancorp is incorporated in IN.
When was Merchants Bancorp (MBIN)'s most recent SEC filing?
Merchants Bancorp (MBIN)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-07.
What is MBIN's market cap?
Merchants Bancorp (MBIN) has a market capitalization of $2.30B as of 2026-06-30.
What is MBIN's P/E ratio?
Merchants Bancorp (MBIN)'s trailing twelve month P/E ratio is 8.55x as of 2026-06-30.
What is MBIN's EPS (earnings per share)?
Merchants Bancorp (MBIN)'s trailing twelve month EPS is $5.85 as of 2026-06-30.
What is MBIN's ROE (return on equity)?
Merchants Bancorp (MBIN)'s trailing twelve month Return on Equity (ROE) is 11.73% as of 2026-06-30.
What is MBIN's ROIC (return on invested capital)?
Merchants Bancorp (MBIN)'s trailing twelve month Return on Invested Capital (ROIC) is 15.70% as of 2026-06-30.
What is MBIN's EV/EBITDA?
Merchants Bancorp (MBIN)'s trailing twelve month EV/EBITDA is 5.66x as of 2026-06-30.