US · USD

MBINL

Merchants Bancorp

$23.45+0.86% ($0.20)
Day's range
$23.02 – $23.70
Day's volume
$560.4K
52-week range
$20.97 – $24.61

Follow MBINL in the Fuolio

See how MBINL weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

MBINL in numbers

Market cap
$1.1B
P/E
4.01
P/B
0.45
Dividend yield (12m)
8.14%

MBINL trades at 4.01 times its earnings of the last 12 months.

MBINL price history

10/08/202510/07/2026
Compare with

MBINL risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months
Return+10.88%
Volatility (annualized)11.71%
Largest drawdown-6.90%
Positive months10/12

How much did investing in MBINL return?

$1,000.00 invested on 12/01/2024 would be worth $1,065.05 today.

Value today in MBINL
$1,065.05
Return over the period
+6.51%
Return per year
+3.47%
In the S&P 500
$1,326.46

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MBINL fundamentals

Valuation

  • P/E4.01
  • P/B0.45
  • EV/EBITDA—
  • EV/EBIT—
  • EV/Revenue—
  • P/EBIT—
  • P/S—
  • P/OCF-1.43
  • P/FCF-1.41
  • Earnings yield—
  • PEG ratio—
  • Earnings per share$5.85
  • Book value per share$52.11

Profitability

  • ROE11.22%
  • ROA1.27%
  • ROIC—
  • Payout32.63%

Growth

  • Revenue CAGR (5 years)—
  • Earnings CAGR (5 years)3.31%
  • Revenue growth (year)—
  • Earnings growth (year)—
  • Revenue growth (quarter)—
  • Earnings growth (quarter)—

What is MBINL's fair price?

Two classic value formulas, with today's numbers. The current price is $23.45.

Graham's fair price
$82.79
253.07% above the price

√(22.50 × $5.85 × $52.11)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$27.12
15.64% above the price

$1.63 (1-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

MBINL's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E4.783.62——————
P/B0.460.52——————
Dividend yield7.16%———————
Earnings per share$4.76$6.99$6.44$5.08$5.25$6.27$2.69$2.19
Book value per share$49.62$48.93$39.26$33.76$26.70$28.16$22.75$14.68
ROE9.59%14.28%16.42%15.05%19.66%22.27%11.83%14.93%

MBINL's financial statements

Line202520242023202220212020
Net revenue——————
Cost of revenue——————
Gross profit——————
EBITDA——————
EBIT——————
Financial result——————
Income before tax$263.8M$422.6M$347.9M$291.1M$304.9M$243.4M
Income tax-$45M-$102.3M-$68.7M-$71.4M-$77.8M-$62.8M
Net income$218.8M$320.4M$279.2M$219.7M$227.1M$180.5M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MBINL pay dividends?

Dividend yield per year

  • 7.16%2025
  • 8.14%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend09/14/202610/01/2026$0.48
Dividend06/12/202607/01/2026$0.48
Dividend03/12/202604/01/2026$0.48
Dividend12/12/202501/02/2026$0.48
Dividend09/12/202510/01/2025$0.48
Dividend06/12/202507/01/2025$0.48
Dividend03/13/202504/01/2025$0.48
Dividend12/12/202401/02/2025$0.20

About Merchants Bancorp

Sector
Finance, insurance and real estate

Questions about MBINL

How much is MBINL today?

MBINL is at $23.45 (0.86% on the day), last traded on 10/07/2026.

How much did MBINL pay in dividends in 2025?

MBINL paid $1.63 per share in 2025, a dividend yield of 7.16%.

What are the P/E and P/B of MBINL?

MBINL trades at a P/E of 4.01 and a P/B of 0.45.

How much did MBINL return in 12 months?

MBINL returned 10.88% in 12 months, with annualized volatility of 11.71% and a largest drawdown of -6.90%.