Merchants BancorpMBIN
MBIN
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, and 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 the Banking segment, which generates maximum revenue, and provides various financial products and services to consumers and businesses.
Employees: 663
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
9% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 55
6% less funds holding
Funds holding: 170 [Q4 2024] → 160 (-10) [Q1 2025]
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
59.02% less ownership
Funds ownership: 91.51% [Q4 2024] → 32.49% (-59.02%) [Q1 2025]
64% less capital invested
Capital invested by funds: $1.53B [Q4 2024] → $551M (-$976M) [Q1 2025]
87% less call options, than puts
Call options by funds: $96K | Put options by funds: $759K
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
10%
upside
Avg. target
$38
23%
upside
High target
$41
32%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Piper Sandler Nathan Rice | 32%upside $41 | Overweight Maintained | 30 Jul 2025 |
Morgan Stanley Manan Gosalia | 10%upside $34 | Equal-Weight Maintained | 29 Jul 2025 |
Raymond James Daniel Tamayo | 29%upside $40 | Outperform Reiterated | 29 Jul 2025 |
Financial journalist opinion
Based on 4 articles about MBIN published over the past 30 days
Positive
Zacks Investment Research
2 days ago
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 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
2 days ago
Merchants Bancorp (MBIN) Q2 Earnings Miss Estimates
Merchants Bancorp (MBIN) came out with quarterly earnings of $0.6 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.49 per share a year ago.
Neutral
PRNewsWire
2 days ago
Merchants Bancorp Reports Second Quarter 2025 Results
Second quarter 2025 net income of $38.0 million, decreased $38.4 million compared to second quarter of 2024 and decreased $20.3 million compared to the first quarter 2025, reflecting an increase in provision for credit losses of $43.1 million and $45.3 million, respectively. An increase in provision for credit losses was primarily associated with estimated declines on multi-family property values after receiving new appraisals and the ongoing investigation of borrowers involved in mortgage fraud or suspected fraud.
Negative
Zacks Investment Research
1 week ago
Analysts Estimate Merchants Bancorp (MBIN) to Report a Decline in Earnings: What to Look Out for
Merchants Bancorp (MBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Negative
Seeking Alpha
1 month ago
Merchants Bancorp: Shifting Away From The Common Shares To Its Newest Preferred Share
I'm downgrading MBIN common shares to Hold due to deteriorating loan performance impacting earnings outlook. Net interest income dropped for the first time in three years, signaling lower rates may not benefit Merchants Bancorp's financial results. Loan growth has stalled while deposits remain volatile, pushing the loan-to-deposit ratio to uncomfortable levels and increasing reliance on costly external financing.
Neutral
PRNewsWire
2 months ago
Merchants Bancorp Declares Quarterly Common and Preferred Dividends
CARMEL, Ind. , May 15, 2025 /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 second quarter of 2025, in each case to shareholders of record on June 13, 2025, payable on July 1, 2025: A dividend of $0.10 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 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).
Neutral
Zacks Investment Research
3 months ago
Compared to Estimates, Merchants Bancorp (MBIN) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Merchants Bancorp (MBIN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
3 months ago
Merchants Bancorp (MBIN) Lags Q1 Earnings and Revenue Estimates
Merchants Bancorp (MBIN) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.80 per share a year ago.
Neutral
PRNewsWire
3 months ago
Merchants Bancorp Reports First Quarter 2025 Results
First quarter 2025 net income of $58.2 million, decreased $28.8 million compared to first quarter of 2024 and decreased $37.4 million compared to the fourth quarter 2024, reflecting market uncertainty that delayed origination closings and permanent loan conversions in a growing pipeline, which negatively impacted the recognition of gain on sale and net interest margin. The decrease in net income was also impacted by unfavorable fair market value adjustments to servicing rights and derivatives compared to prior periods.
Neutral
PRNewsWire
5 months ago
Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends
CARMEL, Ind. , Feb. 20, 2025 /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 first quarter of 2025, in each case to shareholders of record on March 14, 2025, payable on April 1, 2025: A dividend of $0.10 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 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).
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