NASDAQ · MBINMFinancialsBanking & Credit

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock (MBINM)

$25.06+0.12%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$25.06▲ 3.04% in range
Nov 4, 2025Low $24.09 · High $25.86Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock closed at $25.06 on Nov 4, up 0.12%, 3.1% below its 52-week closing high. Volume of 11.4K shares was 1.30× its 20-day average (above normal).

Split-adjusted performance: -1.1% over one month, -2.1% over six months.

In the quarter ended Jun 30, 2026, revenue was $339.75M, down 4.3% from a year earlier, with a net margin of 20.0%.

Short interest was 10.7K shares at the Oct 15 settlement, up 936.0% from the prior report (1.0 days to cover).

Market cap$130.3M5.2M shares
Revenue · quarter$339.8M−4.3% YoY
Diluted EPS$1.48+146.7% YoY
P/E · TTM0.6×P/S 0.1×
Net margin20.0%Gross 53.6%
Dividend yield8.23%$0.5156 last paid
52-week range24.09 – 25.86−3.1% from high
Volume11.4K1.30× 20-day avg
Volatility · 60d6.6%Annualised
Short % of float—1.0 days to cover
Net cash-$1.16BCash $3.13B
Next earnings—Not scheduled
Split-adjusted performance
1W −0.8%1M −1.1%3M −2.0%6M −2.1%YTD −1.3%1Y —3Y +9.9%5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Banking & Credit

Percentile among 435 companies (100 = best)

6-month momentum28
Revenue growth13
Net margin57
Value (low P/E)98
Size14

Industry medians: 6-month return +7.4%, revenue growth +5.2%, net margin 18.2%, P/E 12.5×.

Short interest

Details →
Shares short10.7K+936.0% vs prior
Days to cover1.0Settled Oct 15
% of float—
Short vol. 10d35.8%of daily volume

Closest peers by size in Banking & Credit

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
MBINMMerchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock$25.06+0.12%−2.1%−4.3%20.0%0.6$130.3M
HBANMHuntington Bancshares Incorporated Depositary Shares each representing a 1/1000th interest in a share of Huntington Series I Preferred Stock$18.95+1.66%−16.4%+27.4%16.5%0.1$132.7MCompare
FULTPFulton Financial Corporation Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A$15.81+1.54%−13.8%+7.5%19.7%0.3$126.5MCompare
SLNHSoluna Holdings$0.5588−1.60%−65.5%+144.6%−157.5%—$136.7MCompare
HSDTSolana$2.10+1.94%−5.4%+5774.4%−1197.8%—$136.7MCompare
SRBKSR Bancorp$19.04+0.63%+3.1%———$138.8MCompare
WSBKWinchester Bancorp$13.64+0.07%+7.8%+16.8%8.9%27.6$122.2MCompare
HYNEHoyne Bancorp$18.62−1.69%+19.0%———$139.0MCompare
DFDVDeFi Development$3.73+14.42%−17.1%+66.9%−823.4%—$121.7MCompare

Quick answers

What does Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock do?
Merchants Bancorp is a United States-based bank holding company operating multiple lines of business focused on FHA multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, and traditional community banking. Its segments include Multi-family Mortgage Banking, which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing, which offers mortgage warehouse financing, commercial loans and deposit services; and the Banking segment, which generates maximum revenue and provides portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending and community banking.
What is MBINM's market cap?
$130.31M, based on the Nov 4 close of $25.06.
What is MBINM's P/E ratio?
0.6× trailing-twelve-month earnings of $228.74M.
Does Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock pay a dividend?
Yes. The latest regular dividend was $0.5156 per share (ex-date Sep 15), an annualised yield of 8.23%.
What sector is MBINM in?
Financials, in the Banking & Credit industry.

About Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock

Merchants Bancorp is a United States-based bank holding company operating multiple lines of business focused on FHA multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, and traditional community banking. Its segments include Multi-family Mortgage Banking, which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing, which offers mortgage warehouse financing, commercial loans and deposit services; and the Banking segment, which generates maximum revenue and provides portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending and community banking.

HQ: Carmel, IN735 employeesListed Sep 23, 2022bankmerchants.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology