Merchants Bancorp (MBIN) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $48.77, -0.37% vs the prior close of $48.95.
- Volume 107.31K shares, 0.6x its 50-day average (light).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
MBIN dips 0.4% to $48.77. Closed at $48.77, -0.37% vs the prior close of $48.95. Day range $48.64–$49.53, opened at $49.19.
MBIN daily analysis — what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 — MBIN dips 0.4% to $48.77
- Closed at $48.77, -0.37% vs the prior close of $48.95. Day range $48.64–$49.53, opened at $49.19.
- Volume was 107.31K shares, 0.6x its 50-day average of 188.11K — lighter than usual.
- Price is -6.4% vs its 50-day average ($52.09) and +4.0% vs its 200-day average ($46.88).
- 52-week range $30.37–$56.87; today's close sits at 69% of that range, 14.2% below the 52-week high.
Oct 15, 2026 — MBIN rises 1.0% to $48.95
- Closed at $48.95, +1.03% vs the prior close of $48.45. Day range $48.68–$49.60, opened at $48.80.
- Volume was 127.10K shares, 0.7x its 50-day average of 187.61K.
- Price is -6.2% vs its 50-day average ($52.19) and +4.6% vs its 200-day average ($46.80).
- 52-week range $30.37–$56.87; today's close sits at 70% of that range, 13.9% below the 52-week high.
Oct 14, 2026 — MBIN dips 0.8% to $48.45, a 1-month low
- Closed at $48.45, -0.77% vs the prior close of $48.83. Day range $47.49–$48.94, opened at $48.14.
- Volume was 218.80K shares, 1.2x its 50-day average of 186.69K.
- Price is -7.4% vs its 50-day average ($52.33) and +3.7% vs its 200-day average ($46.72).
- 52-week range $30.37–$56.87; today's close sits at 68% of that range, 14.8% below the 52-week high.
Oct 13, 2026 — MBIN dips 0.4% to $48.83, a 1-month low
- Closed at $48.83, -0.38% vs the prior close of $49.01. Day range $48.49–$49.51, opened at $49.39.
- Volume was 140.00K shares, 0.7x its 50-day average of 187.58K.
- Price is -6.9% vs its 50-day average ($52.47) and +4.7% vs its 200-day average ($46.65).
- 52-week range $30.37–$56.87; today's close sits at 70% of that range, 14.1% below the 52-week high.
Oct 12, 2026 — MBIN ends flat (+0.2%) to $49.01
- Closed at $49.01, +0.18% vs the prior close of $48.92. Day range $48.65–$49.47, opened at $48.73.
- Volume was 136.40K shares, 0.7x its 50-day average of 189.30K.
- Price is -6.8% vs its 50-day average ($52.61) and +5.2% vs its 200-day average ($46.57).
- 52-week range $30.37–$56.87; today's close sits at 70% of that range, 13.8% below the 52-week high.
Oct 9, 2026 — MBIN dips 1.8% to $48.92, a 1-month low
- Closed at $48.92, -1.77% vs the prior close of $49.80. Day range $48.92–$49.65, opened at $49.62.
- Volume was 127.70K shares, 0.7x its 50-day average of 192.33K.
- Price is -7.2% vs its 50-day average ($52.73) and +5.2% vs its 200-day average ($46.50).
- 52-week range $30.37–$56.87; today's close sits at 70% of that range, 14.0% below the 52-week high.
Oct 8, 2026 — MBIN rises 1.0% to $49.80
- Closed at $49.80, +0.97% vs the prior close of $49.32. Day range $49.02–$50.28, opened at $49.17.
- Volume was 162.20K shares, 0.8x its 50-day average of 197.24K.
- Price is -5.8% vs its 50-day average ($52.86) and +7.3% vs its 200-day average ($46.43).
- 52-week range $30.37–$56.87; today's close sits at 73% of that range, 12.4% below the 52-week high.
Oct 7, 2026 — MBIN dips 1.3% to $49.32
- Closed at $49.32, -1.26% vs the prior close of $49.95. Day range $48.90–$49.67, opened at $49.37.
- Volume was 209.70K shares, 1.1x its 50-day average of 195.39K.
- Price is -6.9% vs its 50-day average ($52.95) and +6.4% vs its 200-day average ($46.35).
- 52-week range $30.37–$56.87; today's close sits at 72% of that range, 13.3% below the 52-week high.
Oct 6, 2026 — MBIN rises 0.5% to $49.95
- Closed at $49.95, +0.46% vs the prior close of $49.72. Day range $49.58–$53.62, opened at $49.95.
- Volume was 140.80K shares, 0.7x its 50-day average of 194.64K.
- Price is -5.7% vs its 50-day average ($52.94) and +7.9% vs its 200-day average ($46.29).
- 52-week range $30.37–$56.87; today's close sits at 74% of that range, 12.2% below the 52-week high.
Oct 5, 2026 — MBIN dips 0.5% to $49.72
- Closed at $49.72, -0.46% vs the prior close of $49.95. Day range $48.49–$50.10, opened at $49.69.
- Volume was 307.10K shares, 1.6x its 50-day average of 191.37K.
- Price is -6.0% vs its 50-day average ($52.91) and +7.6% vs its 200-day average ($46.22).
- 52-week range $30.37–$56.87; today's close sits at 73% of that range, 12.6% below the 52-week high.
Oct 2, 2026 — MBIN rises 0.9% to $49.95
- Closed at $49.95, +0.87% vs the prior close of $49.52. Day range $49.61–$51.52, opened at $49.96.
- Volume was 149.10K shares, 0.8x its 50-day average of 192.56K.
- Price is -5.5% vs its 50-day average ($52.87) and +8.2% vs its 200-day average ($46.16).
- 52-week range $30.37–$56.87; today's close sits at 74% of that range, 12.2% below the 52-week high.
MBIN latest news & SEC filings
Every SEC filing by or about MBIN in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 24, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
Insider holdings update with no common-stock transactions in the table (often options or derivative awards only).
Aug 20, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 8.01 — Reported other events the company considers important.
Aug 7, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: $78.30M (prior year $37.98M) (+106.2% vs Jun 30, 2025)
- Diluted EPS: $1.48 (prior year $0.60) (+146.7% vs Jun 30, 2025)
Jul 28, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Things to know before you trade MBIN
- Last results release: Jul 28, 2026 (8-K Item 2.02). Previous ones: Apr 28, 2026, Jan 28, 2026, Oct 28, 2025. Based on that rhythm, the next report is likely around Oct 27, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 1.01% (largest 3.8%).
- Liquidity: about 160.13K shares (≈$7.81M) trade per day on average.
- 52-week position: $48.77 vs a range of $30.37–$56.87 (69% of the range).
- Dividends: last ex-dividend date Sep 15, 2026 ($0.11/share); 4 payments in the past 12 months.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 25 sales; latest: Julia L. Kaercher sold 9,000 shares on Jul 30, 2026.
- Latest filings: 8-K Aug 20, 2026; 10-Q Aug 7, 2026; 8-K Jul 28, 2026.
- Share count: 45.94M shares outstanding (Jul 30, 2026), +0.1% vs a year earlier.
- Listing: Nasdaq · industry: State Commercial Banks.
MBIN market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 49.19 | 49.53 | 48.64 | 48.77 | 107.31K |
| Oct 15, 2026 | 48.80 | 49.60 | 48.68 | 48.95 | 127.10K |
| Oct 14, 2026 | 48.14 | 48.94 | 47.49 | 48.45 | 218.80K |
| Oct 13, 2026 | 49.39 | 49.51 | 48.49 | 48.83 | 140.00K |
| Oct 12, 2026 | 48.73 | 49.47 | 48.65 | 49.01 | 136.40K |
| Oct 9, 2026 | 49.62 | 49.65 | 48.92 | 48.92 | 127.70K |
| Oct 8, 2026 | 49.17 | 50.28 | 49.02 | 49.80 | 162.20K |
| Oct 7, 2026 | 49.37 | 49.67 | 48.90 | 49.32 | 209.70K |
| Oct 6, 2026 | 49.95 | 53.62 | 49.58 | 49.95 | 140.80K |
| Oct 5, 2026 | 49.69 | 50.10 | 48.49 | 49.72 | 307.10K |
| Oct 2, 2026 | 49.96 | 51.52 | 49.61 | 49.95 | 149.10K |
| Oct 1, 2026 | 48.68 | 49.59 | 48.01 | 49.52 | 191.80K |
| Sep 30, 2026 | 49.72 | 49.72 | 48.51 | 48.96 | 192.80K |
| Sep 29, 2026 | 51.40 | 51.48 | 49.58 | 49.61 | 150.80K |
| Sep 28, 2026 | 51.94 | 52.14 | 51.46 | 51.55 | 110.40K |
| Sep 25, 2026 | 52.29 | 52.80 | 51.99 | 52.10 | 148.60K |
| Sep 24, 2026 | 51.34 | 52.35 | 51.08 | 52.23 | 137.10K |
| Sep 23, 2026 | 51.71 | 52.29 | 51.14 | 51.37 | 117.80K |
| Sep 22, 2026 | 52.58 | 52.97 | 51.71 | 52.14 | 150.20K |
| Sep 21, 2026 | 52.33 | 52.57 | 51.90 | 52.35 | 176.80K |
About Merchants Bancorp
Merchants Bancorp (MBIN) is listed on the Nasdaq and classified by the SEC under “State Commercial Banks”. Its business address is in CARMEL, IN. State of incorporation: IN. Fiscal year ends December 31. SEC CIK 1629019.
MBIN board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Tamika Catchings | Director | Aug 24, 2026 |
| Michael S Curless | Director | Aug 24, 2026 |
| Thomas Dinwiddie | Director | Aug 24, 2026 |
| Michael J. Dunlap | President, COO | Feb 3, 2026 |
| Scott A. Evans | Lynn Market President | Feb 3, 2026 |
| Sue Anne Gilroy | Director | Feb 19, 2026 |
| Andrew Juster | Director | Aug 24, 2026 |
| Julia L. Kaercher | Director | Jul 31, 2026 |
| Patrick D. O'Brien | Director | Aug 24, 2026 |
| Michael F. Petrie | Chairman and CEO | Jul 31, 2026 |
| Randall D. Jr. Rogers | Director | May 21, 2026 |
| Anne E. Sellers | Director | Aug 24, 2026 |
| Mark E. Shaffer | Director | Aug 24, 2026 |
| David N. Shane | Director | Feb 19, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Michael J. Dunlap | President, COO | Feb 3, 2026 |
| Michael R. Dury | CEO of Merchants Capital | Aug 7, 2026 |
| Scott A. Evans | Lynn Market President | Feb 3, 2026 |
| Jerry F. Koors | Merchants Mortgage President | Feb 3, 2026 |
| Kevin T Langford | Chief Administrative Officer | May 7, 2026 |
| Terry A Oznick | SVP, General Counsel | Feb 3, 2026 |
| Michael F. Petrie | Chairman and CEO | Jul 31, 2026 |
| Martin A Schroeter | President-Warehouse Lending | Feb 12, 2026 |
| Sean A. Sievers | CHIEF FINANCIAL OFFICER | Feb 3, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 30, 2026 | Julia L. Kaercher | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Julia L. Kaercher | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Julia L. Kaercher | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Julia L. Kaercher | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Michael F. Petrie | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Michael F. Petrie | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Michael F. Petrie | Sale | 9,000 | $55.20 |
| Jul 30, 2026 | Michael F. Petrie | Sale | 9,000 | $55.20 |
| May 6, 2026 | Michael F. Petrie | Sale | 8,334 | $46.86 |
| May 6, 2026 | Michael F. Petrie | Sale | 8,334 | $46.86 |
| May 6, 2026 | Michael F. Petrie | Sale | 8,334 | $46.86 |
| May 6, 2026 | Michael F. Petrie | Sale | 8,334 | $46.86 |
| May 5, 2026 | Michael F. Petrie | Sale | 10,696 | $46.75 |
| May 5, 2026 | Michael F. Petrie | Sale | 20,000 | $46.75 |
| May 5, 2026 | Michael F. Petrie | Sale | 10,696 | $46.75 |
MBIN financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $218.77M | 3.78 | $-341.25M |
| Dec 31, 2024 | — | $320.39M | 6.30 | $-835.28M |
| Dec 31, 2023 | — | $279.23M | 5.64 | $-356.40M |
| Dec 31, 2022 | — | $219.72M | 4.47 | $975.77M |
| Dec 31, 2021 | — | $227.10M | 4.76 | $-49.22M |
Latest balance sheet: total assets $21.23B, total liabilities $18.84B, cash $377.31M (as of Jun 30, 2026).
MBIN earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Jul 28, 2026 | 8-K Item 2.02 (results) | $48.77 |
| Apr 28, 2026 | 8-K Item 2.02 (results) | $49.63 |
| Jan 28, 2026 | 8-K Item 2.02 (results) | $34.95 |
| Oct 28, 2025 | 8-K Item 2.02 (results) | $32.39 |
| Jul 28, 2025 | 8-K Item 2.02 (results) | $35.06 |
| Apr 28, 2025 | 8-K Item 2.02 (results) | $33.60 |
| Jan 28, 2025 | 8-K Item 2.02 (results) | $39.76 |
| Oct 28, 2024 | 8-K Item 2.02 (results) | $43.89 |
| Jul 29, 2024 | 8-K Item 2.02 (results) | — |
| Apr 29, 2024 | 8-K Item 2.02 (results) | — |
| Jan 29, 2024 | 8-K Item 2.02 (results) | — |
| Oct 26, 2023 | 8-K Item 2.02 (results) | — |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Updated after every US trading day.