Merchants Bancorp

Merchants Bancorp

MBINยทNASDAQ

$45.56

-1.6%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$2.09B
EPS3.7800
P/E Ratio12.05
Earnings Date07/27/2026
0.26%
Dividend Yield
-73%
3Y-76.0%
5Y-50.0%
10Y-28.0%
7.46%
Dividend Payout Ratio
-66%
3Y-66.0%
5Y-26.0%
10Y-56.0%
3Y+26.0%
5Y+151.0%
10Y+1079.0%
Merchants Bancorp

Merchants Bancorp Dividend History

MBIN ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MBIN Dividend Payment History

MBIN ยท NASDAQ

Total Payments

35

Latest Dividend

$0.1100

Annual Amount

$0.4200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 21, 2026
Jun 15, 2026Jul 1, 2026
$0.1100
$0.1100
Quarterly0.00%
Feb 19, 2026
Mar 13, 2026Apr 1, 2026
$0.1100
$0.1100
Quarterly+10.00%
Nov 19, 2025
Dec 15, 2025Jan 2, 2026
$0.1000
$0.1000
Quarterly0.00%
Aug 21, 2025
Sep 15, 2025Oct 1, 2025
$0.1000
$0.1000
Quarterly0.00%
May 15, 2025
Jun 13, 2025Jul 1, 2025
$0.1000
$0.1000
Quarterly0.00%
Feb 20, 2025
Mar 14, 2025Apr 1, 2025
$0.1000
$0.1000
Quarterly+11.11%
Nov 20, 2024
Dec 13, 2024Jan 2, 2025
$0.0900
$0.0900
Quarterly0.00%
Aug 15, 2024
Sep 13, 2024Oct 1, 2024
$0.0900
$0.0900
Quarterly0.00%
May 16, 2024
Jun 14, 2024Jul 1, 2024
$0.0900
$0.0900
Quarterly0.00%
Feb 14, 2024
Mar 15, 2024Apr 1, 2024
$0.0900
$0.0900
Quarterly+12.50%
Nov 15, 2023
Dec 15, 2023Jan 2, 2024
$0.0800
$0.0800
Quarterly0.00%
Aug 17, 2023
Sep 15, 2023Oct 2, 2023
$0.0800
$0.0800
Quarterly0.00%
May 18, 2023
Jun 15, 2023Jul 3, 2023
$0.0800
$0.0800
Quarterly0.00%
Feb 16, 2023
Mar 15, 2023Apr 3, 2023
$0.0800
$0.0800
Quarterly+14.29%
Nov 16, 2022
Dec 15, 2022Jan 3, 2023
$0.0700
$0.0700
Quarterly0.00%
Aug 18, 2022
Sep 15, 2022Oct 3, 2022
$0.0700
$0.0700
Quarterly0.00%
May 19, 2022
Jun 15, 2022Jul 1, 2022
$0.0700
$0.0700
Quarterly0.00%
Feb 17, 2022
Mar 15, 2022Apr 1, 2022
$0.0700
$0.0700
Quarterly+16.67%
Nov 17, 2021
Dec 15, 2021Jan 3, 2022
$0.0900
$0.0600
Quarterly0.00%
Aug 19, 2021
Sep 15, 2021Oct 1, 2021
$0.0900
$0.0600
Quarterly0.00%
May 20, 2021
Jun 15, 2021Jul 1, 2021
$0.0900
$0.0600
Quarterly0.00%
Feb 18, 2021
Mar 15, 2021Apr 1, 2021
$0.0900
$0.0600
Quarterly+13.21%
Nov 18, 2020
Dec 15, 2020Jan 4, 2021
$0.0800
$0.0530
Quarterly0.00%
Aug 20, 2020
Sep 15, 2020Oct 1, 2020
$0.0800
$0.0530
Quarterly0.00%
May 21, 2020
Jun 15, 2020Jul 1, 2020
$0.0800
$0.0530
Quarterly0.00%
Feb 20, 2020
Mar 13, 2020Apr 1, 2020
$0.0800
$0.0530
Quarterly+12.77%
Nov 20, 2019
Dec 13, 2019Jan 2, 2020
$0.0700
$0.0470
Quarterly0.00%
Aug 15, 2019
Sep 15, 2019Sep 30, 2019
$0.0700
$0.0470
Quarterly0.00%
May 16, 2019
Jun 15, 2019Jul 1, 2019
$0.0700
$0.0470
Quarterly0.00%
Feb 21, 2019
Mar 15, 2019Apr 1, 2019
$0.0700
$0.0470
Quarterly+17.50%
Nov 14, 2018
Dec 14, 2018Dec 31, 2018
$0.0600
$0.0400
Quarterly0.00%
Aug 16, 2018
Sep 15, 2018Oct 1, 2018
$0.0600
$0.0400
Quarterly0.00%
Jun 5, 2018
Jun 15, 2018Jul 2, 2018
$0.0600
$0.0400
Quarterly0.00%
Feb 22, 2018
Mar 15, 2018Apr 2, 2018
$0.0600
$0.0400
Quarterly+21.21%
Nov 18, 2017
Dec 15, 2017Jan 2, 2018
$0.0500
$0.0330
Quarterly-
mbin

Merchants Bancorp Payout Ratio Analysis

MBIN ยท NASDAQ
Dividends Paid
-59.42M
2025
Net Income
218.77M
2025
Payout Ratio
27.16%
2025

Dividend Sustainability Analysis

Payout Ratio
27.16%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-15.8%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-16.1%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.