MBIN
Merchants BancorpFinancial Services · $2.4B market cap
Verdict
Share price
$49.95
close of Oct 3, 2026
Fair value
$139.73
Sticker Price
Payback Price
$55.89
buy price
MBIN is On Sale: at $49.95 it trades 11% below its buy price (Payback Price) of $55.89 and 64% below its fair value of $139.73. Business quality is strong: 4 of 5 key numbers clear the 10% bar.
How we valued it
Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
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Since Jul 30, 2026: no open-market purchases, 2 sales worth $994K and 8 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Petrie Michael F.
Chairman and CEO · 2026-07-30
Sold
$497K
Kaercher Julia L.
director · 2026-07-30
Sold
$497K
Other filings
About Merchants Bancorp
Merchants Bancorp operates as a diversified financial services holding company across the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking division focuses on originating and servicing government-sponsored mortgages for multi-family dwellings and healthcare institutions. It also tailors loan…
Banks - Regional
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works