Merchants Bancorp
MBIN
Market cap $1.77B

38.67 USD

+0.77

2.03%

At close Jan 17, 4:00 PM EST

Pre-market

39.40

+0.73

1.89%

1 day

2.03%

5 days

12.12%

1 month

3.53%

3 months

-14.18%

6 months

-19.77%

Year to date

7.42%

1 year

-3.49%

5 years

203.29%

10 years

245.27%

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 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 56

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

0% more funds holding

Funds holding: 174 [Q2] → 174 (+0) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.25% less ownership

Funds ownership: 33.56% [Q2] → 32.3% (-1.25%) [Q3]

76% less call options, than puts

Call options by funds: $49K | Put options by funds: $202K

86% less capital invested

Capital invested by funds: $4.67B [Q2] → $665M (-$4.01B) [Q3]

See Fund Rankings

Research analyst outlook

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

Low target

$53

36%

upside

Avg. target

$54

39%

upside

High target

$55

42%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Piper Sandler Nathan Rice 50% 1-year accuracy 5 / 10 met price target	36%upside $53	Overweight Maintained	26 Nov 2024
Raymond James Daniel Tamayo 61% 1-year accuracy 14 / 23 met price target	42%upside $55	Outperform Maintained	29 Oct 2024

See Analyst Rankings

Financial journalist opinion

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

MBIN Stockholders: Robbins LLP is Investigating the Officers and Directors of Merchants Bancorp to Determine if They Breached Fiduciary Duties Owed to Shareholders

SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Merchants Bancorp (NASDAQ: MBIN) to determine whether certain Merchants Bancorp officers and directors violated securities laws and breached fiduciary duties to shareholders. Merchants Bancorp operates as the diversified bank holding company in the United States.

MBIN Stockholders: Robbins LLP is Investigating the Officers and Directors of Merchants Bancorp to Determine if They Breached Fiduciary Duties Owed to Shareholders

First Look At MBINL, The New Preferred Stock IPO From Merchants Bancorp

Merchants Bancorp's new 7.652% Series E Non-Cumulative Perpetual Preferred Stock presents an attractive yield and holds a Ba3 rating, positioning it as a valuable addition to our portfolio. The company's capital structure and dividend history indicate a reasonable cushion for preferred dividend payments, despite a small common stock distribution cushion. The new preferred stock's credit spread is appealing compared to similar BB-rated securities, suggesting it offers a good relative value.

First Look At MBINL, The New Preferred Stock IPO From Merchants Bancorp

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

New Preferred Stock IPOs, November 2024

September saw three new preferred stock offerings with yields between 7% and 8%, including SPMC, Merchants Bancorp, and Aspen Insurance Holdings. CDx3 preferreds ranked 10 out of 10 are selling at an average discount of 8 cents to par, offering a 6.3% yield. Investors can buy new preferred stocks at wholesale prices on the OTC, potentially avoiding capital losses if prices drop.

New Preferred Stock IPOs, November 2024

Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares

CARMEL, Ind. , Nov. 26, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that on January 2, 2025 it will redeem all outstanding shares of its 6.00% (reset to 9.42% as of October 1, 2024) Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock ("Series B Preferred Stock") (Nasdaq: MBINO) at the liquidation preference of $25.00 per share.

Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares

Merchants Bancorp Closes Depositary Share Offering

CARMEL, Ind. , Nov. 25, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today announced the closing of its previously announced underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series D preferred stock"), with a liquidation preference of $25.00 per depositary share.

Merchants Bancorp Closes Depositary Share Offering

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

CARMEL, Ind. , Nov. 20, 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 fourth quarter of 2024, in each case to shareholders of record on December 13, 2024, payable on January 2, 2025: A dividend of $0.09 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $23.56 per share (equivalent to $0.59 per depositary share) on the Company's outstanding shares of its Series B preferred stock (NASDAQ:MBINO), which was reset from 6% to 9.42% as of October 1, 2024; 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 Bancorp Prices Depositary Share Offering

CARMEL, Ind. , Nov. 18, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), a holding company that operates through its wholly owned subsidiary, Merchants Bank of Indiana ("Merchants Bank"), announced the pricing of an underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series E preferred stock"), with a liquidation preference of $25.00 per depositary share.

Merchants Bancorp Prices Depositary Share Offering

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