Merchants Bancorp (MBINL) Stock Price & Analysis
Merchants Bancorp (MBINL) — MoonshotScore 30/100 (Weak band), calculated Oct 5, 2026. Price $23.09 (+0.17%), as of the Oct 2, 2026 trading session; market cap $2.37B.
Educational signal · not a buy or sell recommendation · How to read this
Merchants Bancorp · MBINL · NASDAQ
Merchants Bancorp is a diversified U.S. financial holding company operating through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. It specializes in government-backed mortgages, healthcare facility financing, and a broad range of consumer and business banking services.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · Merchants Bancorp (MBINL)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
A fragile balance sheet and a full valuation, though quality and growth are only middling, and the price trend has turned against it. Business Quality: Average; Financial Safety: Fragile; Valuation: Rich; Growth Durability: Flat; Momentum: Slipping.
Free cash flow yield is the main valuation drag relative to sector peers.
- quarterly revenue $294M (Q2 FY2026, quarter ended Jun 30, 2026)
- EPS beat 6 of 8
- Altman Z 1.02 · Piotroski F 3
Holding back: balance-sheet strain, a rich price, weak price trend
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 31 | Weak | |
| 30 | Weak | |
| 30 | Weak | |
| 30 | Weak | |
| 30 | Weak | |
| 30 | Weak |
The score was 30 in the stored Oct 4, 2026 snapshot and remains 30 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +7 and Momentum -2; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $23.09 | |
| Change on the day | +0.17% | |
| 52-week range | $22.56 – $25.34 | |
| Market capitalisation | $2.37B | |
| Price / earnings (trailing) | 10.03 | |
| Shares traded on the day | 13.7K |
Price & events
Other perspectives
Council score for Merchants Bancorp (MBINL): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
9-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 5, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 5, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the MBINL film — every key number, told as a short cinematic story
~2 min · open the film
What is Merchants Bancorp (MBINL), and what does it report?
Short answer · as of
A current FMP business description is unavailable; the listing and provider classification below are the available identity facts. Merchants Bancorp (MBINL) is listed on NASDAQ. It employs 735 people and is led by Michael F. Petrie. In Q2 FY2026 it reported revenue of $294M and net income of $78M. The market values it at $2.37B.
What do the latest results show for Merchants Bancorp (MBINL)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $294M. Against analyst estimates the company has EPS beat 6 of 8 reports.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $294M | $78M | $1.48 (diluted) |
| Q1 FY2026 | $317M | $68M | $1.25 (diluted) |
| Q4 FY2025 | $355M | $68M | $1.28 (diluted) |
| Q3 FY2025 | $344M | $55M | $0.97 (diluted) |
What are the financial strengths and risks for Merchants Bancorp (MBINL)?
Short answer
What is holding it back is balance-sheet strain, a rich price, weak price trend. The distress and quality screens read Altman Z 1.02 · Piotroski F 3. Trailing ratios: ROE 11.6% · ROA 1.3% · current ratio 0.02 · earnings yield 11.0% · free-cash-flow yield -23.3%.
Data-derived red flags
- Financial-distress signal — its Altman Z-Score of 1.02 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
How does Merchants Bancorp compare with its peers?
Short answer
Merchants Bancorp's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
| Company | Price | Market value | Score |
|---|---|---|---|
| $51.36 Oct 5, 2026 | $2.17B | 96 5-pillar Oct 5, 2026 | |
| $86.71 Oct 5, 2026 | $2.09B | 96 5-pillar Oct 5, 2026 | |
| $100.33 Oct 5, 2026 | $1.67B | 96 5-pillar Oct 5, 2026 | |
| $49.33 Oct 5, 2026 | $1.86B | 94 5-pillar Oct 5, 2026 | |
| $50.95 Oct 5, 2026 | $2.68B | 93 5-pillar Oct 5, 2026 | |
| $142.46 Oct 5, 2026 | $2.02B | 93 5-pillar Oct 5, 2026 | |
| $22.27 Oct 5, 2026 | $3.20B | 93 5-pillar Oct 5, 2026 | |
| $45.84 Oct 5, 2026 | $2.69B | 92 5-pillar Oct 5, 2026 | |
| $55.40 Oct 5, 2026 | $1.57B | 91 5-pillar Oct 5, 2026 | |
| $11.32 Oct 5, 2026 | $2.55B | 90 5-pillar Oct 5, 2026 | |
| $22.46 Oct 5, 2026 | $2.94B | 90 5-pillar Oct 5, 2026 | |
| $31.64 Oct 5, 2026 | $3.34B | 90 5-pillar Oct 5, 2026 | |
| Merchants Bancorp (MBINL) — this page | $23.09 | $2.37B | 30 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Insider activity
Form 4 records via FMP · Available records within the last 180 days, newest dated Aug 20, 2026 (coverage not recorded)
- Transactions
- 23
- Identified insiders
- 11
- Purchases
- 0
- Sales
- 5
- Other transactions
- 18
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
What has been published about Merchants Bancorp (MBINL)?
Investor Questions: MBINL Stock
These answers are editorial: 1 of these 9 answers is drawn from the MBINL research dossier (written Jun 15, 2026 by gemini-2.5-flash); the other 8 are question templates that restate figures shown above. Figures in this section are not part of the source register.
What does the MoonshotScore mean for MBINL?
MBINL carries the MoonshotScore stated above — the Weak band. This is an educational research signal, not a buy or sell recommendation. The number comes from the five-pillar engine (business quality, financial safety, valuation, growth durability, momentum), re-ranked daily against sector peers. Merchants Bancorp is a diversified U.S. financial holding company operating through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments.
Is MBINL a good stock to buy?
Stock Expert AI does not rate MBINL buy, sell or hold. Merchants Bancorp carries a MoonshotScore, in the Weak band, a research rating against its peers rather than a forecast. Whether it fits is your call: check what it sells, whether it earns and what the price assumes. This is educational content, not investment advice.
What is the MBINL stock price today?
The last price recorded on this page for Merchants Bancorp (MBINL) is $23.09, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
How sensitive is MBINL to interest rate changes?
Merchants Bancorp, like other financial institutions, is inherently sensitive to changes in interest rates. Fluctuations in rates can directly impact its net interest margin (NIM), which is the difference between the interest income earned on assets and the interest paid on liabilities.
What are the key factors to evaluate for MBINL?
Merchants Bancorp (MBINL) holds a MoonshotScore in the low range. P/E: 10.03x. **Expansion in Multi-family Mortgage Banking:** Merchants Bancorp's expertise in originating and servicing government-backed mortgages for multi-unit residential developments presents a significant growth avenue. Not financial advice.
How frequently does MBINL data refresh on this page?
MBINL's price is the last quote we recorded, from the Oct 2, 2026 trading session. Pages are served from a cache, so the copy you are reading can lag that quote. The quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 is recalculated from the most recent completed US trading session; the score's own date shows its last successful run.
What has driven MBINL's recent stock price performance?
Merchants Bancorp (MBINL) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established expertise in specialized lending areas, particularly multi-family and healthcare facility financing. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MBINL overvalued or undervalued right now?
Merchants Bancorp (MBINL) trades at 10.03x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of MBINL?
Fractional-share availability for Merchants Bancorp (MBINL) depends on your brokerage, account and supported securities. Check the broker's current eligibility, minimums and fees before placing an order.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (19 figures)
The 19 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
FMP — 10 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $23.09 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T05:04:40.307Z. | |
px.change | Change on the day | +0.17% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $2.37B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-05T05:04:36.979Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$0.04 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $294M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 10.03 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 13.7K | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_income | Net income, Q2 FY2026 | $78M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
own.insiders | Insider transactions via FMP | 23 transactions · 0 purchases, 5 sales, 18 other transactions · 11 identified insiders · available records within the last 180 days, newest dated Aug 20, 2026 (coverage not recorded) | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. |
UNRECORDED — 6 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 6 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-09-29 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 1.02 · Piotroski F 3 | UNRECORDED | Stored financial-scores observation — Captured 2026-08-08 · Expired observation | |
px.range52 | 52-week range | $22.56 – $25.34 | UNRECORDED | Stored company-profile observation — Captured 2026-09-29 | |
id.employees | Employees | 735 | UNRECORDED | Stored company-profile observation — Captured 2026-09-29 | |
id.ceo | Chief executive | Michael F. Petrie | UNRECORDED | Stored company-profile observation — Captured 2026-09-29 | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE 11.6% · ROA 1.3% · current ratio 0.02 · earnings yield 11.0% · free-cash-flow yield -23.3% | — | UNRECORDED | Stored key metrics — Date unknown |
OURS — 3 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 30 of 100 · Weak · pillars 45 / 9 / 29 / 48 / 29 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.valuation_driver | Recorded valuation score driver | Free cash flow yield is the main valuation drag relative to sector peers. | OURS | Stock Expert AI MoonshotScore v2 engine · stored factor contributions | |
ours.moonshot_change | MoonshotScore movement | 30 (stored snapshot Oct 4, 2026) → 30 (current publication computed Oct 5, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
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