The price of Merchants Bancorp (MBIN) on October 9, 2026 is 48.92 USD, -1.77% on the day. Over 52 weeks the stock traded between 30.37 USD and 56.87 USD; the price now sits 70% of the way up that range. Over the past year the price changed by +52.02%. The P/E ratio is 9.8, which is below the sector median (13.2). Market capitalization is 2.25 billion USD, rank 45 among 159 stocks of the same industry with a known capitalization.
Closing prices for 9 October 2026
Next earnings report: 27 October 2026 · Earnings calendar
Change over the period shown (line colour): +54.08 %
Merchants Bancorp trades on Nasdaq under the ticker MBIN. The company belongs to the Financials sector. The trading history on this page starts on 27 October 2017.
Over the past 52 weeks MBIN has traded between 30.37 $ and 56.87 $. As of 9 October 2026 the price stood 70.00 % of the way from the 52-week low to the high.
Over one year MBIN shares rose 52.02 %; over six months they rose 3.60 %. Volatility over 90 days is 28.32 %. Dividends are not included: this is price change only, as of 9 October 2026.
MBIN trades at a price-to-earnings ratio of 9.8, below the sector median of 13.2. Price to sales is 1.9, below the sector median of 2.7. Price to book is 1.0, below the sector median of 1.3. Calculated from reports for the period ending 31 March 2026.
| Date | Open | High | Low | Close | Volume, shares |
|---|---|---|---|---|---|
| 9 October 2026 | 49.62 | 49.65 | 48.92 | 48.92 | 127,700 |
| 8 October 2026 | 49.17 | 50.28 | 49.02 | 49.80 | 162,200 |
| 7 October 2026 | 49.37 | 49.67 | 48.90 | 49.32 | 209,700 |
| 6 October 2026 | 49.95 | 53.62 |
The series is stated in the current share scale after splits; dividends are not included in the price
Based on the last 12 months of reports, through 31 March 2026
The sector median covers every company in the sector on the US market, loss-making ones included.
The issuer has several share classes — market cap covers the whole company.
Address:410 MONON BLVD, CARMEL, IN, 46032, US
Merchants Bancorp reported revenue of 1.2B $ and net income of 228M $ over the last four quarters. Net margin is 19.28 %. Revenue changed by −7.18 % year over year. Earnings per share are 4.10 $. Market capitalisation is 2.2B $.
MBIN has a return on equity of 9.80 %, in line with the sector median. Return on assets is 1.12 %, below the sector median of 1.13 %.
Merchants Bancorp pays dividends quarterly: 0.43 $ per share over the past twelve months, a yield of 0.88 %. The latest payment was 0.11 $, with an ex-dividend date of 15 September 2026. The company has raised its payout for 3 years in a row.
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| 49.58 |
| 49.95 |
| 140,800 |
| 5 October 2026 | 49.69 | 50.10 | 48.49 | 49.72 | 307,100 |
| 2 October 2026 | 49.96 | 51.52 | 49.61 | 49.95 | 149,100 |
| 1 October 2026 | 48.68 | 49.59 | 48.01 | 49.52 | 191,800 |
| 30 September 2026 | 49.72 | 49.72 | 48.51 | 48.96 | 192,800 |
| 29 September 2026 | 51.40 | 51.48 | 49.59 | 49.61 | 150,800 |
| 28 September 2026 | 51.94 | 52.14 | 51.46 | 51.55 | 110,400 |
| 25 September 2026 | 52.29 | 52.80 | 51.99 | 52.10 | 148,600 |
| 24 September 2026 | 51.34 | 52.35 | 51.09 | 52.23 | 137,100 |
| 23 September 2026 | 51.71 | 52.29 | 51.14 | 51.37 | 117,800 |
| 22 September 2026 | 52.58 | 52.97 | 51.71 | 52.14 | 150,200 |
| 21 September 2026 | 52.33 | 52.57 | 51.90 | 52.35 | 176,800 |
| 18 September 2026 | 51.43 | 52.35 | 50.90 | 52.07 | 1M |
| 17 September 2026 | 53.22 | 53.22 | 51.68 | 51.77 | 223,600 |
| 16 September 2026 | 53.04 | 53.09 | 51.62 | 52.63 | 220,600 |
| 15 September 2026 | 53.07 | 53.80 | 52.33 | 52.85 | 315,500 |
| 14 September 2026 | 53.16 | 54.10 | 52.46 | 53.14 | 144,600 |