The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

MBIN

Concerning the House

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates, and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for housing development and healthcare facilities financing. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, 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, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

United States · bankmerchants.com

The Long Run

FY 2017–2025 · 9 years

LineLatestCAGRTrend
Net income$279.23M+30.5%
Cash from ops-$356.40M
Quotation

$55.35

+0.50 (+0.9%)

52w hi$55.72
52w lo$30.19
Vol115.53K
As ofAug 13
The Verdict

Hold

Our score +0.18

Short-0.14
Medium+0.24
Long+0.70

computed 2026-08-13

By the Numbers

Merchants Bancorp

Financial Services · Banks - Regional

Market cap$2.54B
Enterprise value$6.58B
Trailing P/E11.11x
Forward P/E9.24x
EV / EBITDA
P / S (ttm)4.02x
Profit margin42.5%
Return on equity11.7%
Revenue growth+37.1%
Earnings growth+146.7%
Debt / equity
Risk Metrics
Beta vs SPX0.84
Corr SPX0.35
Annual vol39.2%
Annual ret+23.1%
Sharpe0.59
Max DD-38.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.47
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$55.16$55.56$54.88$55.35115.53K
Aug 12$54.59$55.09$53.59$54.85135.80K
Aug 11$54.01$55.00$53.69167.91K
Aug 10$53.70$54.79$53.21$54.01140.60K
Aug 7$53.86$54.67$52.89$54.25141.00K