Merchants Bancorp
MBIN

$44.74

1.91%

Market Cap: $2.05B

About: Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.

Employees: 618

Financials State Commercial Banks

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

760% more capital invested

Capital invested by funds: $539M [Q1] → $4.64B (+$4.1B) [Q2]

256% more call options, than puts

Call options by funds: $1.31M | Put options by funds: $369K

112% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 41

2.91% more ownership

Funds ownership: 28.84% [Q1] → 31.75% (+2.91%) [Q2]

5% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 20

1% more funds holding

Funds holding: 173 [Q1] → 174 (+1) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$54

21%

upside

Avg. target

$56

25%

upside

High target

$58

30%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Morgan Stanley Manan Gosalia 77% 1-year accuracy 17 / 22 met price target	21%upside $54	Equal-Weight Initiated	9 Sept 2024
Raymond James Daniel Tamayo 62% 1-year accuracy 16 / 26 met price target	30%upside $58	Outperform Downgraded	30 Jul 2024

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Financial journalist opinion

Merchants Bancorp Appoints Sean Sievers as Chief Financial Officer

CARMEL, Ind. , Sept. 11, 2024 /PRNewswire/ -- Merchants Bancorp (the "Company")(NASDAQ: MBIN) and its wholly owned subsidiary, Merchants Bank, have announced the appointment of Sean Sievers as its new Chief Financial Officer, effective Sept.

Merchants Bancorp Appoints Sean Sievers as Chief Financial Officer

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

CARMEL, Ind. , Aug. 15, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the third quarter of 2024, in each case to shareholders of record on September 13, 2024, payable on October 1, 2024: A dividend of $0.09 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series B preferred stock (NASDAQ:MBINO); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM).

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans

CARMEL, Ind. , Aug. 1, 2024 /PRNewswire/ -- (Nasdaq: MBIN) Leading financial services provider Merchants Capital today announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans.

Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans

Zacks Investment Research

Merchants Bancorp (MBIN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Merchants Bancorp (MBIN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Merchants Bancorp (MBIN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

Merchants Bancorp (MBIN) Lags Q2 Earnings and Revenue Estimates

Merchants Bancorp (MBIN) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.31 per share a year ago.

Merchants Bancorp (MBIN) Lags Q2 Earnings and Revenue Estimates

Merchants Bancorp Reports Second Quarter 2024 Results

Second quarter 2024 net income of $76.4 million, increased 17% compared to second quarter of 2023 and decreased 12% compared to the first quarter 2024. Second quarter 2024 diluted earnings per common share of $1.49 increased 14% compared to the second quarter of 2023 and decreased 17% compared to the first quarter of 2024.

Merchants Bancorp Reports Second Quarter 2024 Results

Investors Business Daily

Stock Rotation Helps Three Stocks Hit New Highs

Progressive stock reached a new high and is in the buy zone. A financial stock and an energy stock also hit highs and buy points.

Stock Rotation Helps Three Stocks Hit New Highs

Zacks Investment Research

Here's Why Merchants Bancorp (MBIN) Stock is Worth Betting on

Merchants Bancorp's (MBIN) diverse revenue streams, solid loan pipeline and strong balance sheet are likely to aid its financials. This makes the stock an attractive pick for investors.

Here's Why Merchants Bancorp (MBIN) Stock is Worth Betting on

Zacks Investment Research

Here's Why Merchants Bancorp (MBIN) Could be Great Choice for a Bottom Fisher

Merchants Bancorp (MBIN) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why Merchants Bancorp (MBIN) Could be Great Choice for a Bottom Fisher

Merchants Bancorp And Preferreds Reviewed

Merchants Bancorp has several preferred stocks, including fixed rate and floating rate issues. The bank recently called one of its preferred stocks, indicating its strong financial position. The bank and its three preferred stocks are reviewed here. The market is assigning different yields to Merchants Bancorp's preferred stocks, with MBINN offering an attractive yield. Based on what I see and a desire to lock in today's rates for years, I give MBINN my Buy rating, a Hold for the other two.

Merchants Bancorp And Preferreds Reviewed

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