US · USD

MBINN

Merchants Bancorp

$18.87-0.16% (-$0.03)
Day's range
$18.66 – $18.92
Day's volume
$312.2K
52-week range
$17.36 – $20.26

Follow MBINN in the Fuolio

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

Create a free account

MBINN in numbers

Market cap
$866.8M
P/E
3.23
P/B
0.36
Dividend yield (12m)
7.95%

The 12-month dividend yield of MBINN is 7.95%, above its 5-year average of 6.78%.

MBINN price history

10/08/202510/07/2026
Compare with

MBINN risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+3.96%+23.72%+1.68%
Volatility (annualized)13.73%18.31%22.49%
Largest drawdown-4.34%-16.00%-26.30%
Positive months5/1218/3625/60

How much did investing in MBINN return?

$1,000.00 invested on 11/01/2021 would be worth $1,016.75 today.

Value today in MBINN
$1,016.75
Return over the period
+1.68%
Return per year
+0.34%
In the S&P 500
$1,708.29

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

MBINN fundamentals

Valuation

  • P/E3.23
  • P/B0.36
  • EV/EBITDA—
  • EV/EBIT—
  • EV/Revenue—
  • P/EBIT—
  • P/S—
  • P/OCF-1.15
  • P/FCF-1.13
  • Earnings yield—
  • PEG ratio—
  • Earnings per share$5.85
  • Book value per share$52.11

Profitability

  • ROE11.22%
  • ROA1.27%
  • ROIC—
  • Payout25.66%

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 MBINN's fair price?

Two classic value formulas, with today's numbers. The current price is $18.87.

Graham's fair price
$82.79
338.78% 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
$22.61
19.82% above the price

$1.36 (5-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.

MBINN's indicators by year

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

Indicator20252024202320222021202020192018
P/E3.862.873.113.785.00———
P/B0.370.410.510.570.98———
Dividend yield8.17%7.47%7.50%7.80%2.98%———
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%

MBINN'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 MBINN pay dividends?

Dividend yield per year

  • 2.98%2021
  • 7.80%2022
  • 7.50%2023
  • 7.47%2024
  • 8.17%2025
  • 7.95%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend09/14/202610/01/2026$0.38
Dividend06/12/202607/01/2026$0.38
Dividend03/12/202604/01/2026$0.38
Dividend12/12/202501/02/2026$0.38
Dividend09/12/202510/01/2025$0.38
Dividend06/12/202507/01/2025$0.38
Dividend03/13/202504/01/2025$0.38
Dividend12/12/202401/02/2025$0.38
Dividend09/12/202410/01/2024$0.38
Dividend06/13/202407/01/2024$0.38
Dividend03/13/202404/01/2024$0.38
Dividend12/13/202301/02/2024$0.38
See all 22 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend09/13/202310/02/2023$0.38
Dividend06/13/202307/03/2023$0.38
Dividend03/13/202304/03/2023$0.38
Dividend12/13/202201/03/2023$0.38
Dividend09/13/202210/03/2022$0.38
Dividend06/13/202207/01/2022$0.38
Dividend03/11/202204/01/2022$0.38
Dividend12/13/202101/03/2022$0.38
Dividend09/13/202110/01/2021$0.38
Dividend06/11/202107/01/2021$0.41

About Merchants Bancorp

Sector
Finance, insurance and real estate

Questions about MBINN

How much is MBINN today?

MBINN is at $18.87 (-0.16% on the day), last traded on 10/07/2026.

How much did MBINN pay in dividends in 2025?

MBINN paid $1.50 per share in 2025, a dividend yield of 8.17%.

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

MBINN trades at a P/E of 3.23 and a P/B of 0.36.

How much did MBINN return in 12 months?

MBINN returned 3.96% in 12 months, with annualized volatility of 13.73% and a largest drawdown of -4.34%.