Merchants Bancorp (MBINM) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $24.92, +0.00% vs the prior close of $24.92.
- Volume 8.70K shares, 1.1x its 50-day average.
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
MBINM ends flat (+0.0%) to $24.92. Closed at $24.92, +0.00% vs the prior close of $24.92. Day range $24.89β$25.11, opened at $25.11.
MBINM daily analysis β what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 β MBINM ends flat (+0.0%) to $24.92
- Closed at $24.92, +0.00% vs the prior close of $24.92. Day range $24.89β$25.11, opened at $25.11.
- Volume was 8.70K shares, 1.1x its 50-day average of 7.72K.
- Price is -2.0% vs its 50-day average ($25.43) and -1.9% vs its 200-day average ($25.40).
- 52-week range $24.00β$25.96; today's close sits at 47% of that range, 4.0% below the 52-week high.
Oct 15, 2026 β MBINM rises 1.1% to $24.92
- Closed at $24.92, +1.05% vs the prior close of $24.66. Day range $24.85β$24.97, opened at $24.91.
- Volume was 8.70K shares, 1.1x its 50-day average of 7.59K.
- Price is -2.1% vs its 50-day average ($25.44) and -1.9% vs its 200-day average ($25.41).
- 52-week range $24.00β$25.96; today's close sits at 47% of that range, 4.0% below the 52-week high.
Oct 14, 2026 β MBINM ends flat (-0.0%) to $24.66, a 6-month low on 2.3x normal volume
- Closed at $24.66, -0.04% vs the prior close of $24.67. Day range $24.63β$24.99, opened at $24.64.
- Volume was 16.80K shares, 2.3x its 50-day average of 7.30K β unusually heavy trading.
- Price is -3.1% vs its 50-day average ($25.46) and -3.0% vs its 200-day average ($25.41).
- 52-week range $24.00β$25.96; today's close sits at 34% of that range, 5.0% below the 52-week high.
- That makes 4 straight losses.
Oct 13, 2026 β MBINM dips 0.3% to $24.67, a 6-month low on 1.9x normal volume
- Closed at $24.67, -0.32% vs the prior close of $24.75. Day range $24.61β$24.80, opened at $24.70.
- Volume was 13.40K shares, 1.9x its 50-day average of 7.15K β unusually heavy trading.
- Price is -3.2% vs its 50-day average ($25.48) and -2.9% vs its 200-day average ($25.42).
- 52-week range $24.00β$25.96; today's close sits at 34% of that range, 5.0% below the 52-week high.
- That makes 3 straight losses.
Oct 12, 2026 β MBINM dips 1.3% to $24.75, a 6-month low on 2.6x normal volume
- Closed at $24.75, -1.32% vs the prior close of $25.08. Day range $24.75β$25.12, opened at $25.08.
- Volume was 18.10K shares, 2.6x its 50-day average of 6.99K β unusually heavy trading.
- Price is -2.9% vs its 50-day average ($25.49) and -2.6% vs its 200-day average ($25.42).
- 52-week range $24.00β$25.96; today's close sits at 38% of that range, 4.7% below the 52-week high.
Oct 9, 2026 β MBINM ends flat (-0.0%) to $25.08
- Closed at $25.08, -0.02% vs the prior close of $25.08. Day range $25.08β$25.26, opened at $25.08.
- Volume was 5.60K shares, 0.8x its 50-day average of 6.91K.
- Price is -1.7% vs its 50-day average ($25.51) and -1.4% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 55% of that range, 3.4% below the 52-week high.
Oct 8, 2026 β MBINM ends flat (+0.1%) to $25.08
- Closed at $25.08, +0.10% vs the prior close of $25.06. Day range $25.08β$25.25, opened at $25.08.
- Volume was 6.70K shares, 1.0x its 50-day average of 6.89K.
- Price is -1.7% vs its 50-day average ($25.52) and -1.3% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 55% of that range, 3.4% below the 52-week high.
Oct 7, 2026 β MBINM dips 1.1% to $25.06, a 3-month low on 3.3x normal volume
- Closed at $25.06, -1.10% vs the prior close of $25.34. Day range $25.01β$25.65, opened at $25.34.
- Volume was 21.90K shares, 3.3x its 50-day average of 6.55K β unusually heavy trading.
- Price is -1.8% vs its 50-day average ($25.53) and -1.4% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 54% of that range, 3.5% below the 52-week high.
- That makes 5 straight losses.
Oct 6, 2026 β MBINM dips 0.3% to $25.34, 4 down days in a row
- Closed at $25.34, -0.31% vs the prior close of $25.42. Day range $25.34β$25.47, opened at $25.34.
- Volume was 3.80K shares, 0.6x its 50-day average of 6.56K β lighter than usual.
- Price is -0.8% vs its 50-day average ($25.54) and -0.4% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 68% of that range, 2.4% below the 52-week high.
- That makes 4 straight losses.
Oct 5, 2026 β MBINM ends flat (-0.0%) to $25.42 on 2.1x normal volume
- Closed at $25.42, -0.04% vs the prior close of $25.43. Day range $25.35β$25.50, opened at $25.39.
- Volume was 13.60K shares, 2.1x its 50-day average of 6.36K β unusually heavy trading.
- Price is -0.5% vs its 50-day average ($25.54) and -0.0% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 72% of that range, 2.1% below the 52-week high.
- That makes 3 straight losses.
Oct 2, 2026 β MBINM ends flat (-0.3%) to $25.43
- Closed at $25.43, -0.27% vs the prior close of $25.50. Day range $25.35β$25.55, opened at $25.43.
- Volume was 5.70K shares, 0.9x its 50-day average of 6.44K.
- Price is -0.4% vs its 50-day average ($25.54) and +0.0% vs its 200-day average ($25.43).
- 52-week range $24.00β$25.96; today's close sits at 73% of that range, 2.0% below the 52-week high.
MBINM latest news & SEC filings
Every SEC filing by or about MBINM in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 24, 2026 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 4 β Insider trade
Insider trade report (Form 4) β 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 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 8.01 β Reported other events the company considers important.
Aug 7, 2026 Β· Form 10-Q β 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 Β· Form 8-K β Major event / current report
Current report β a filing companies must make within 4 business days of a major event
- Item 2.02 β 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 MBINM
- 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 β an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 0.39% (largest 1.3%). That is a relatively calm stock.
- Liquidity: about 11.22K shares (β$279.73K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $24.92 vs a range of $24.00β$25.96 (47% of the range).
- Dividends: last ex-dividend date Sep 15, 2026 ($0.516/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 Β· industry: State Commercial Banks.
MBINM market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 25.11 | 25.11 | 24.89 | 24.92 | 8.70K |
| Oct 15, 2026 | 24.91 | 24.97 | 24.85 | 24.92 | 8.70K |
| Oct 14, 2026 | 24.64 | 24.99 | 24.63 | 24.66 | 16.80K |
| Oct 13, 2026 | 24.70 | 24.80 | 24.61 | 24.67 | 13.40K |
| Oct 12, 2026 | 25.08 | 25.12 | 24.75 | 24.75 | 18.10K |
| Oct 9, 2026 | 25.08 | 25.26 | 25.08 | 25.08 | 5.60K |
| Oct 8, 2026 | 25.08 | 25.25 | 25.08 | 25.08 | 6.70K |
| Oct 7, 2026 | 25.34 | 25.65 | 25.01 | 25.06 | 21.90K |
| Oct 6, 2026 | 25.34 | 25.47 | 25.34 | 25.34 | 3.80K |
| Oct 5, 2026 | 25.39 | 25.50 | 25.35 | 25.42 | 13.60K |
| Oct 2, 2026 | 25.43 | 25.55 | 25.35 | 25.43 | 5.70K |
| Oct 1, 2026 | 25.63 | 25.63 | 25.48 | 25.50 | 11.40K |
| Sep 30, 2026 | 25.42 | 25.78 | 25.35 | 25.67 | 28.70K |
| Sep 29, 2026 | 25.34 | 25.45 | 25.34 | 25.43 | 9.30K |
| Sep 28, 2026 | 25.38 | 25.50 | 25.34 | 25.35 | 5.20K |
| Sep 25, 2026 | 25.35 | 25.38 | 25.30 | 25.30 | 16.80K |
| Sep 24, 2026 | 25.33 | 25.41 | 25.30 | 25.33 | 5.60K |
| Sep 23, 2026 | 25.30 | 25.39 | 25.30 | 25.37 | 1.10K |
| Sep 22, 2026 | 25.37 | 25.37 | 25.29 | 25.29 | 15.80K |
| Sep 21, 2026 | 25.43 | 25.59 | 25.32 | 25.42 | 7.60K |
About Merchants Bancorp
Merchants Bancorp (MBINM) is listed on the Nasdaq and classified by the SEC under βState Commercial Banksβ. Its business address is in CARMEL, IN. State of incorporation: IN. Fiscal year ends December 31. SEC CIK 1629019.
MBINM 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 |
MBINM financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | β | $218.77M | 3.78 | $-341.25M |
| Dec 31, 2024 | β | $320.39M | 6.30 | $-835.28M |
| Dec 31, 2023 | β | $279.23M | 5.64 | $-356.40M |
| Dec 31, 2022 | β | $219.72M | 4.47 | $975.77M |
| Dec 31, 2021 | β | $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).
MBINM earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Jul 28, 2026 | 8-K Item 2.02 (results) | $25.41 |
| Apr 28, 2026 | 8-K Item 2.02 (results) | $25.33 |
| Jan 28, 2026 | 8-K Item 2.02 (results) | $25.52 |
| Oct 28, 2025 | 8-K Item 2.02 (results) | $24.49 |
| Jul 28, 2025 | 8-K Item 2.02 (results) | $25.21 |
| Apr 28, 2025 | 8-K Item 2.02 (results) | $25.42 |
| Jan 28, 2025 | 8-K Item 2.02 (results) | $25.97 |
| Oct 28, 2024 | 8-K Item 2.02 (results) | $25.86 |
| Jul 29, 2024 | 8-K Item 2.02 (results) | β |
| Apr 29, 2024 | 8-K Item 2.02 (results) | β |
| Jan 29, 2024 | 8-K Item 2.02 (results) | β |
| Oct 26, 2023 | 8-K Item 2.02 (results) | β |
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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.