Merchants Bancorp
MBINLNasdaq
$24.75
↓ -0.2%Jul 17 close · end-of-day
Price
1Y↑ +13.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.1B
Enterprise Value
$1.1B
P/E
6.0
P/S
—
P/B
0.5
EV/EBITDA
—
PEG
—
FCF Yield
-96.8%
Dividend Yield
1.8%
Revenue (TTM)
—
Net Income (TTM)
$228.3M
Free Cash Flow (TTM)
-$1.1B
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
9.8%
ROIC
—
Debt / Equity
—
Net Cash
—
Return 1Y
+12.8%
Company profile
Management & directors
- Dury Michael R.CEO of Merchants Capital
- Petrie Michael F.Chairman and CEO
- Langford Kevin TChief Administrative Officer
- Schroeter Martin APresident-Warehouse Lending
- Dunlap Michael J.President, COO
- Evans Scott A.Lynn Market President
- Koors Jerry F.Merchants Mortgage President
- Oznick Terry ASVP, General Counsel
- Sievers Sean A.CHIEF FINANCIAL OFFICER
- Thomas Darin L.Chief Accounting Officer
Roles derived from SEC Form 4 filings.
Earnings
MBINL Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$1.25↑ +34.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $180.5M | $227.1M | $219.7M | $279.2M | $320.4M | $218.8M |
| Diluted EPS | $3.85 | $4.76 | $4.47 | $5.64 | $6.30 | $3.78 |
| Operating cash flow | -$874.9M | -$49.2M | $975.8M | -$356.4M | -$835.3M | -$341.2M |
| Free cash flow | -$878.5M | -$52.9M | $969.0M | -$363.9M | -$853.7M | -$362.2M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $76.4M | $61.3M | $95.7M | $58.2M | $38.0M | $54.7M | $67.8M | $67.7M |
| Diluted EPS | $1.49 | $1.17 | $1.84 | $0.93 | $0.60 | $0.97 | $1.28 | $1.25 |
| Operating cash flow | $51.1M | -$492.6M | -$10.0M | $148.0M | -$121.2M | $29.8M | -$397.9M | -$597.3M |
| Free cash flow | $45.8M | -$497.2M | -$16.3M | $141.2M | -$125.7M | $24.0M | -$401.7M | -$598.5M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Coming soonHeadlines for MBINL will appear here once the news feed is connected.
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-03 | Dury Michael R.· CEO of Merchants Capital | Gift | 10,700 | $0.00 | $0.00 | filing |
| 2026-05-21 | Shaffer Mark E. | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | O'Brien Patrick D. | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | JUSTER ANDREW | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | Dinwiddie Thomas | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | Catchings Tamika | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | Sellers Anne E. | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-21 | Curless Michael S | Award | 381 | $46.03 | $17,537.43 | filing |
| 2026-05-15 | Petrie Michael F.· Chairman and CEO | Gift | 16,000 | $0.00 | $0.00 | filing |
| 2026-05-07 | Langford Kevin T· Chief Administrative Officer | Gift | 650 | $0.00 | $0.00 | filing |
| 2026-05-06 | Petrie Michael F.· Chairman and CEO | Sale | 8,334 | $46.86 | $390,531.24 | filing |
| 2026-05-05 | Petrie Michael F.· Chairman and CEO | Sale | 20,000 | $46.75 | $935,000.00 | filing |
| 2026-05-05 | Petrie Michael F.· Chairman and CEO | Sale | 10,696 | $46.75 | $500,038.00 | filing |
| 2026-02-26 | Petrie Michael F.· Chairman and CEO | Sale | 15,000 | $44.05 | $660,750.00 | filing |
| 2026-02-26 | Petrie Michael F.· Chairman and CEO | Sale | 13,871 | $20.25 | $280,887.75 | filing |
| 2026-02-25 | Petrie Michael F.· Chairman and CEO | Sale | 377 | $20.20 | $7,615.40 | filing |
| 2026-02-19 | Shane David N. | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | Sellers Anne E. | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | O'Brien Patrick D. | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | JUSTER ANDREW | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | Gilroy Sue Anne | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | Catchings Tamika | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-19 | Dinwiddie Thomas | Award | 377 | $46.45 | $17,511.65 | filing |
| 2026-02-18 | Petrie Michael F.· Chairman and CEO | Sale | 1,502 | $20.20 | $30,340.40 | filing |
| 2026-02-17 | Petrie Michael F.· Chairman and CEO | Sale | 100 | $20.20 | $2,020.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.