Merchants Bancorp (MBINN) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $18.90, -0.37% vs the prior close of $18.97.
- Volume 9.17K shares, 1.0x its 50-day average.
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
MBINN dips 0.4% to $18.90. Closed at $18.90, -0.37% vs the prior close of $18.97. Day range $18.65β$18.98, opened at $18.81.
MBINN 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 MBINN dips 0.4% to $18.90
- Closed at $18.90, -0.37% vs the prior close of $18.97. Day range $18.65β$18.98, opened at $18.81.
- Volume was 9.17K shares, 1.0x its 50-day average of 9.12K.
- Price is -3.6% vs its 50-day average ($19.61) and -5.6% vs its 200-day average ($20.02).
- 52-week range $18.27β$21.23; today's close sits at 21% of that range, 11.0% below the 52-week high.
Oct 15, 2026 β MBINN rises 1.2% to $18.97
- Closed at $18.97, +1.17% vs the prior close of $18.75. Day range $18.58β$18.98, opened at $18.58.
- Volume was 1.40K shares, 0.2x its 50-day average of 9.22K β lighter than usual.
- Price is -3.3% vs its 50-day average ($19.63) and -5.2% vs its 200-day average ($20.02).
- 52-week range $18.27β$21.23; today's close sits at 24% of that range, 10.6% below the 52-week high.
Oct 14, 2026 β MBINN dips 1.0% to $18.75
- Closed at $18.75, -0.98% vs the prior close of $18.93. Day range $18.72β$18.95, opened at $18.90.
- Volume was 6.60K shares, 0.7x its 50-day average of 9.16K.
- Price is -4.6% vs its 50-day average ($19.65) and -6.3% vs its 200-day average ($20.02).
- 52-week range $18.27β$21.23; today's close sits at 16% of that range, 11.7% below the 52-week high.
Oct 13, 2026 β MBINN rises 0.3% to $18.93
- Closed at $18.93, +0.34% vs the prior close of $18.87. Day range $18.85β$18.98, opened at $18.98.
- Volume was 5.50K shares, 0.6x its 50-day average of 9.08K.
- Price is -3.8% vs its 50-day average ($19.68) and -5.4% vs its 200-day average ($20.02).
- 52-week range $18.27β$21.23; today's close sits at 22% of that range, 10.8% below the 52-week high.
Oct 12, 2026 β MBINN rises 0.7% to $18.87
- Closed at $18.87, +0.75% vs the prior close of $18.73. Day range $18.72β$18.98, opened at $18.72.
- Volume was 7.50K shares, 0.8x its 50-day average of 9.45K.
- Price is -4.2% vs its 50-day average ($19.70) and -5.7% vs its 200-day average ($20.02).
- 52-week range $18.27β$21.23; today's close sits at 20% of that range, 11.1% below the 52-week high.
Oct 9, 2026 β MBINN ends flat (-0.1%) to $18.73, 3 down days in a row
- Closed at $18.73, -0.08% vs the prior close of $18.75. Day range $18.71β$18.91, opened at $18.73.
- Volume was 13.80K shares, 1.5x its 50-day average of 9.25K.
- Price is -5.1% vs its 50-day average ($19.73) and -6.4% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.23; today's close sits at 16% of that range, 11.8% below the 52-week high.
- That makes 3 straight losses.
Oct 8, 2026 β MBINN dips 0.7% to $18.75
- Closed at $18.75, -0.66% vs the prior close of $18.87. Day range $18.71β$18.85, opened at $18.77.
- Volume was 12.30K shares, 1.4x its 50-day average of 9.09K.
- Price is -5.1% vs its 50-day average ($19.76) and -6.3% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.23; today's close sits at 16% of that range, 11.7% below the 52-week high.
Oct 7, 2026 β MBINN ends flat (-0.2%) to $18.87 on 1.9x normal volume
- Closed at $18.87, -0.16% vs the prior close of $18.90. Day range $18.66β$18.92, opened at $18.86.
- Volume was 16.60K shares, 1.9x its 50-day average of 8.84K β unusually heavy trading.
- Price is -4.6% vs its 50-day average ($19.79) and -5.7% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.24; today's close sits at 20% of that range, 11.2% below the 52-week high.
Oct 6, 2026 β MBINN rises 0.6% to $18.90
- Closed at $18.90, +0.62% vs the prior close of $18.78. Day range $18.55β$18.99, opened at $18.99.
- Volume was 6.70K shares, 0.8x its 50-day average of 8.78K.
- Price is -4.6% vs its 50-day average ($19.81) and -5.6% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.31; today's close sits at 21% of that range, 11.3% below the 52-week high.
Oct 5, 2026 β MBINN rises 0.6% to $18.78 on 2.2x normal volume
- Closed at $18.78, +0.61% vs the prior close of $18.67. Day range $18.70β$18.90, opened at $18.78.
- Volume was 18.50K shares, 2.2x its 50-day average of 8.47K β unusually heavy trading.
- Price is -5.3% vs its 50-day average ($19.83) and -6.1% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.35; today's close sits at 17% of that range, 12.0% below the 52-week high.
Oct 2, 2026 β MBINN dips 1.7% to $18.67, a 6-month low on 4.0x normal volume
- Closed at $18.67, -1.69% vs the prior close of $18.99. Day range $18.65β$19.10, opened at $18.94.
- Volume was 31.70K shares, 4.0x its 50-day average of 7.97K β unusually heavy trading.
- Price is -6.0% vs its 50-day average ($19.86) and -6.7% vs its 200-day average ($20.01).
- 52-week range $18.27β$21.37; today's close sits at 13% of that range, 12.6% below the 52-week high.
MBINN latest news & SEC filings
Every SEC filing by or about MBINN 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 MBINN
- 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 0.69% (largest 2.0%). That is a relatively calm stock.
- Liquidity: about 11.33K shares (β$214.11K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $18.90 vs a range of $18.27β$21.23 (21% of the range).
- Dividends: last ex-dividend date Sep 15, 2026 ($0.375/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.
MBINN market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 18.81 | 18.98 | 18.65 | 18.90 | 9.17K |
| Oct 15, 2026 | 18.58 | 18.98 | 18.58 | 18.97 | 1.40K |
| Oct 14, 2026 | 18.90 | 18.95 | 18.72 | 18.75 | 6.60K |
| Oct 13, 2026 | 18.98 | 18.98 | 18.85 | 18.93 | 5.50K |
| Oct 12, 2026 | 18.72 | 18.98 | 18.72 | 18.87 | 7.50K |
| Oct 9, 2026 | 18.73 | 18.91 | 18.71 | 18.73 | 13.80K |
| Oct 8, 2026 | 18.77 | 18.85 | 18.71 | 18.75 | 12.30K |
| Oct 7, 2026 | 18.86 | 18.92 | 18.66 | 18.87 | 16.60K |
| Oct 6, 2026 | 18.99 | 18.99 | 18.55 | 18.90 | 6.70K |
| Oct 5, 2026 | 18.78 | 18.90 | 18.70 | 18.78 | 18.50K |
| Oct 2, 2026 | 18.94 | 19.10 | 18.65 | 18.67 | 31.70K |
| Oct 1, 2026 | 19.08 | 19.15 | 18.75 | 18.99 | 7.70K |
| Sep 30, 2026 | 18.95 | 19.10 | 18.65 | 19.01 | 18.90K |
| Sep 29, 2026 | 19.15 | 19.19 | 18.85 | 18.88 | 12.30K |
| Sep 28, 2026 | 19.19 | 19.25 | 18.81 | 19.08 | 9.70K |
| Sep 25, 2026 | 19.13 | 19.40 | 19.10 | 19.10 | 6.80K |
| Sep 24, 2026 | 19.75 | 19.75 | 19.41 | 19.48 | 11.20K |
| Sep 23, 2026 | 19.63 | 19.77 | 19.50 | 19.61 | 17.50K |
| Sep 22, 2026 | 19.94 | 19.98 | 19.70 | 19.70 | 10.30K |
| Sep 21, 2026 | 19.78 | 19.96 | 19.71 | 19.96 | 2.40K |
About Merchants Bancorp
Merchants Bancorp (MBINN) 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.
MBINN 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 |
MBINN 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).
MBINN earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Jul 28, 2026 | 8-K Item 2.02 (results) | $20.11 |
| Apr 28, 2026 | 8-K Item 2.02 (results) | $20.47 |
| Jan 28, 2026 | 8-K Item 2.02 (results) | $20.00 |
| Oct 28, 2025 | 8-K Item 2.02 (results) | $20.50 |
| Jul 28, 2025 | 8-K Item 2.02 (results) | $20.10 |
| Apr 28, 2025 | 8-K Item 2.02 (results) | $19.72 |
| Jan 28, 2025 | 8-K Item 2.02 (results) | $21.90 |
| Oct 28, 2024 | 8-K Item 2.02 (results) | $23.39 |
| 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.