MBIN · Merchants Bancorp
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Jan 18, 2022; bars on opposite sides are not compared.
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Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Average balances on loans and loans held for sale | 16.2B | Q2 2026 | — |
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| Average yields on loans and loans held for sale | 6.26% | Q2 2026 | — |
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| Core deposits as a percent of total deposits | 91% | Q2 2026 | — |
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| Criticized loans receivable | 444.7M | Q2 2026 | — |
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| Efficiency ratio | 41.65% | Six Months Ended June 30, 2026 | — |
| Interest rate spread | 2.43% | Q2 2026 | — |
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| Liquidity | 13B | Q2 2026 | — |
| Loans protected by credit default swaps | 2.2B | Q2 2026 | — |
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| Loans receivable, net of allowance for credit losses | 12.3B | Q2 2026 | — |
| Net interest margin | 2.81% | Q2 2026 | — |
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| Nonperforming loans | 205.6M | Q2 2026 | — |
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| Nonperforming loans as a percent of loans receivable | 1.67% | Q2 2026 | — |
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| Return on average assets | 1.48% | Six Months Ended June 30, 2026 | — |
| Return on average tangible common shareholders' equity non-GAAP | 13.99% | Six Months Ended June 30, 2026 | — |
| Tangible book value per common share non-GAAP | $39.93 | Six Months Ended June 30, 2026 | — |
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| Tangible common shareholders' equity/tangible assets non-GAAP | 8.64% | Six Months Ended June 30, 2026 | — |
| Total capital ratio | 12.5% | Q2 2026 | — |
| Total delinquent loans | 208M | Q2 2026 | — |
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| Unused borrowing capacity | 5.5B | Q2 2026 | — |
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| Allowance for credit losses on loans | $76.8M | First quarter 2026 | — |
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| Core deposits | $11.3B | Q4 2025 | — |
| Total brokered deposits | $1.8B | Q4 2025 | — |
| Total loan delinquencies | $206.8M | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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MBIN
this stock
Merchants Bancorp
|
$2.50B | +58.9% | — | 10.9 | 3.6% |
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MFG
Mizuho Financial Group Inc
|
$124.83B | +38.4% | — | — | 0.1% |
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HDB
Hdfc Bank Ltd
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$121.52B | -36.1% | +15.2% | — | 0.5% |
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IBN
Icici Bank Ltd
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$105.45B | -0.4% | — | — | 0.5% |
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CIXPF
CaixaBank/ADR
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$100.59B | +18.7% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Jan 18, 2022; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MBIN | -2.2% | +16.0% | +28.0% | -1.9% | +58.9% |
| SPY | -2.0% | +3.3% | +11.2% | +2.1% | +11.8% |
| vs SPY | -0.2% | +12.7% | +16.9% | -4.0% | +47.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.