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Smart Investors Daily
MB

NASDAQ · MBINP

Merchants Bancorp

Financial Services · Banks - Regional

$25.02

Up+$0.04 (+0.16%)

Updated Oct 13, 2026, 9:26 AM

SID Score

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Composite research score

Smart Money

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Institutional and insider signal

Market cap
440.83M
P/E ratio
6.69
Dividend yield
0.00%
52-week range
— – —
Volume
261
Avg. volume
4.92K

Price performance · MBINP

MBINP price history

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MBINP research

Overview

Company profile and research snapshot.

Company profile

Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, 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, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

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Analyst outlook

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Consensus
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Average target
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Implied upside
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Analysts
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MBINP recent ratings
DateFirmRatingTarget
Dec 7, 2020Raymond JamesStrong Buy—
Sep 29, 2020Piper SandlerOverweight—
Aug 25, 2020Truist SecuritiesBuy—
Jul 29, 2020Piper SandlerOverweight—
May 19, 2020SunTrust Robinson HumphreyBuy—
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