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
3Y+54.0%
5Y+102.0%
10Y+615.0%
3Y+54.0%
5Y+94.0%
10Y+583.0%
3Y+56.0%
5Y+181.0%
10Y+1006.0%
mbin

Merchants Bancorp Funding & Solvency Profile

MBIN ยท NASDAQ
Cash & Cash Equivalents15.84M
Net Receivables11.03B
Inventory0.00
Other Current Assets0.00
Total Current Assets12 B
Property, Plant & Equipment73.93M
Goodwill & Intangible Assets8.01M
Long-Term Investments18.37B
Other Non-Current Assets-18.37B
Total Non-Current Assets74 M
Total Assets
19.45B

Financial Health Analysis

Current Ratio

3.17x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

7.53x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

8 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

61% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Merchants Bancorp Balance Sheet

MBIN โ€ข NASDAQ

Merchants Bancorp Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
ASSETS
CURRENT ASSETS
15.8M
476.6M
584.4M
226.2M
1B
179.7M
506.7M
336.5M
359.5M
445.7M
446.8M
865.1M
90M
1.1B
323.3M
310.6M
269.8M
290.2M
331.1M
408.4M
325.9M
254.5M
880.9M
566.6M
1.7B
549.5M
1.3B
449.5M
797M
667.6M
767.9M
771.6M
701.3M
11B
83.4M
91.3M
56.3M
24.1M
21.8M
18.4M
13.8M
8.3M
5.4M
4.6M
11B
83.4M
91.3M
56.3M
24.1M
21.8M
18.4M
13.8M
8.3M
5.4M
4.6M
11.9B
650M
1.8B
605.8M
1.4B
471.3M
815.3M
681.4M
776.2M
776.9M
705.9M
NON-CURRENT ASSETS
73.9M
58.6M
42.3M
35.4M
31.2M
29.8M
29.3M
15.1M
5.4M
4.9M
4M
8M
8M
15.8M
15.8M
15.8M
15.8M
15.8M
17.5M
3.9M
523K
523K
36K
190M
159.2M
147.4M
112.1M
84.9M
78.2M
81.4M
67.6M
53.7M
55.6M
8M
198M
175M
163.3M
127.9M
100.7M
94M
98.9M
71.5M
54.2M
56.1M
18.4B
17.1B
14.6B
11.6B
9.6B
8.9B
5.1B
2.9B
2.4B
1.7B
1.4B
-18.4B
790.6M
358.3M
200M
128.4M
126.8M
327.1M
210.9M
178.4M
182.5M
126.2M
81.9M
18.2B
15.2B
12B
9.9B
9.2B
5.6B
3.2B
2.6B
1.9B
1.6B
7.5B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
19.4B
18.8B
17B
12.6B
11.3B
9.6B
6.4B
3.9B
3.4B
2.7B
2.3B
LIABILITIES
CURRENT LIABILITIES
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.8M
1.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.8M
1.8M
3.8B
0.0
0.0
30M
300M
0.0
6.5M
33.2M
25M
25M
25M
0.0
11.9B
14.1B
10.1B
9B
7.4B
5.5B
3.2B
2.9B
2.4B
2B
3.8B
11.9B
14.1B
10.1B
9.3B
7.4B
5.5B
3.3B
3B
2.5B
2.1B
NON-CURRENT LIABILITIES
82.6M
4.3B
964.1M
910.4M
874M
1.2B
174.9M
162.3M
31.6M
32M
32.5M
33.9M
25.3M
19.9M
19.6M
19.2M
20.4M
16.9M
15.4M
12.4M
17.4M
18.2M
13.3B
281M
205.9M
124.1M
-52.5M
170.3M
41.8M
20.9M
13.1M
7.4M
4.2M
13.4B
4.6B
1.2B
1.1B
840.6M
1.4B
233.6M
198.7M
57.1M
56.8M
54.9M
5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
17.2B
16.6B
15.3B
11.2B
10.1B
8.8B
5.7B
3.5B
3B
2.5B
2.1B
SHAREHOLDERS' EQUITY
551.3M
672.1M
499.6M
499.6M
362.1M
212.6M
212.6M
41.6M
41.6M
41.6M
10M
243.3M
240.3M
140.4M
137.8M
137.6M
135.9M
135.6M
135.1M
134.9M
20.1M
20.1M
1.5B
1.3B
1.1B
832.9M
657.1M
461.7M
305M
244.9M
192M
145.3M
118.4M
-33K
-133K
-2.5M
-10.5M
-1.5M
374K
458K
-310K
-1M
-628K
-232K
2.3B
2.2B
1.7B
1.5B
1.2B
810.6M
653.7M
421.2M
367.5M
206.3M
148.2M
2.3B
2.2B
1.7B
1.5B
1.2B
810.6M
653.7M
421.2M
367.5M
206.3M
148.2M
SUMMARY
19.4B
18.8B
17B
12.6B
11.3B
9.6B
6.4B
3.9B
3.4B
2.7B
2.3B
19.2B
17.2B
15.7B
11.9B
9.9B
9.2B
5.4B
3.2B
2.8B
2B
1.6B
3.8B
4.3B
964.1M
940.4M
1.2B
1.2B
181.4M
195.5M
56.6M
57M
57.5M
3.8B
3.9B
379.7M
714.2M
141.3M
1.1B
-325.3M
-141.1M
-302.9M
-388.7M
-389.3M
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500
45,885,500

SEC Filings

MBIN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 10, 2026
May 21, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

January 28, 2026
January 28, 2026
2026
8-K

8-K 2025

N/A

November 19, 2025
November 19, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 28, 2025
October 28, 2025
2025
Showing 1 to 10 of 156 filings