MBIN
Merchants Bancorp
$48.17
+1.39%
$2.2B
No data for this timeframe.
Vol
Market Cap$2.2B
Cap SizeMid Cap
Inst. Holders8 funds
Inst. Value$74.1M
Inst. Activity2 buys / 1 sells
Insider Activity0B / 10S
Insider Net $-$2.4M
Recent Activity
Jun 3, 2026
Insider
Dury Michael R. sold 10,700 shares
CEO of Merchants Capital @ $0.00 ($0.00)
May 21, 2026
Insider
Curless Michael S sold 381 shares
Director @ $46.03 ($17.5K)
May 21, 2026
Insider
Sellers Anne E. sold 381 shares
Director @ $46.03 ($17.5K)
Inst.
TWO SIGMA INVESTMENTS, LP — TRIM
80,276 shares ($2.7M)
Inst.
FMR LLC — ADD
50,055 shares ($1.7M)
Apr 27, 2026
earnings_calendar
MBIN Q1 2026 Earnings Scheduled — 2026-04-27
Price Targets
Historical data — last covering-analyst action Mar 2026. No current recommendation available.
$51.67 (Mar 2026)
Current $48.92
Low $46.00
Median $51.00
High $58.00
3 analysts
$46.00
$58.00
Analyst Ratings
2Strong Buy
5Buy
2Hold
0Sell
0Strong Sell
Historical Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Mar 2, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight → Equal-Weight |
| Jan 30, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight → Equal-Weight |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.25 ▼ -1.6% | $1.24 — $1.26 | 108% YoY | 3 |
| Next Q | $1.32 ▼ -3.2% | $1.30 — $1.35 | 36% YoY | 3 |
| Current FY | $5.12 ▼ -2.2% | $5.08 — $5.19 | 36% YoY | 3 |
| Next FY | $5.70 ▼ -1.0% | $5.50 — $5.96 | 11% YoY | 3 |
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $48.2M | — |
| MORGAN STANLEY | $8.7M | TRIM |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $8.0M | NEW |
| TWO SIGMA INVESTMENTS, LP | $2.7M | TRIM |
| BANK OF AMERICA CORP | $2.2M | TRIM |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| Jun 3, 2026 | Dury Michael | G | $0.00 |
| May 21, 2026 | Curless Michael | A | $17.5K |
| May 21, 2026 | Sellers Anne | A | $17.5K |
| May 21, 2026 | Catchings Tamika | A | $17.5K |
| May 21, 2026 | O'Brien Patrick | A | $17.5K |
8 institutional holders with $74.1M total value (2,175,468 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, CHARLES. Net buying activity: 2 institutions added/increased vs 1 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 1,414,584 | $48.2M | 65.0% | — |
| 2 | MORGAN STANLEY | 254,779 | $8.7M | 11.7% | TRIM -34.7% |
| 3 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 234,637 | $8.0M | 10.8% | NEW |
| 4 | TWO SIGMA INVESTMENTS, LP | 80,276 | $2.7M | 3.7% | TRIM -54.3% |
| 5 | BANK OF AMERICA CORP /DE/ | 63,775 | $2.2M | 2.9% | TRIM -47.9% |
| 6 | FMR LLC | 50,055 | $1.7M | 2.3% | ADD +30.6% |
| 7 | RENAISSANCE TECHNOLOGIES LLC | 45,300 | $1.5M | 2.1% | ADD +77.0% |
| 8 | WELLS FARGO & COMPANY/MN | 32,062 | $1.1M | 1.5% | ADD +40.2% |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| TWO SIGMA INVESTMENTS, LP | TRIM | 175,754 | 80,276 | -54.3% | $2.7M | 2025-Q4 |
| FMR LLC | ADD | 38,315 | 50,055 | +30.6% | $1.7M | 2025-Q4 |
| WELLS FARGO & COMPANY/MN | ADD | 22,865 | 32,062 | +40.2% | $1.1M | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | DOUBLED | 10,920 | 175,754 | +1509.5% | $5.6M | 2025-Q3 |
| BANK OF AMERICA CORP /DE/ | TRIM | 140,078 | 72,970 | -47.9% | $2.3M | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC | ADD | 33,000 | 58,400 | +77.0% | $1.9M | 2025-Q3 |
| UBS Group AG | TRIM | 56,168 | 40,989 | -27.0% | $1.3M | 2025-Q3 |
| WELLS FARGO & COMPANY/MN | ADD | 13,872 | 19,624 | +41.5% | $649.0K | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | NEW | — | 10,920 | — | $361.1K | 2025-Q2 |
| UBS Group AG | ADD | 37,514 | 55,082 | +46.8% | $2.0M | 2025-Q1 |
| CITADEL ADVISORS LLC | NEAR_EXIT | 192,926 | 42,452 | -78.0% | $1.6M | 2025-Q1 |
| FMR LLC | DOUBLED | 1,294 | 32,678 | +2425.3% | $1.2M | 2025-Q1 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 87,200 | 29,900 | -65.7% | $1.1M | 2025-Q1 |
| TWO SIGMA INVESTMENTS, LP | EXIT | 35,150 | 0 | -100.0% | $0.00 | 2025-Q1 |
| MORGAN STANLEY | TRIM | 446,612 | 291,514 | -34.7% | $10.6M | 2024-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | DOUBLED | 24,600 | 87,200 | +254.5% | $3.2M | 2024-Q4 |
| UBS Group AG | ADD | 27,592 | 37,514 | +36.0% | $1.4M | 2024-Q4 |
| MORGAN STANLEY | ADD | 324,937 | 446,612 | +37.4% | $20.1M | 2024-Q3 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 233,482 | — | $10.5M | 2024-Q3 |
17 unique insiders with 10 transactions. Net insider value: -$2.4M ($0.00 bought, $2.4M sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jun 3, 2026 | Dury Michael R. | CEO of Merchants Capital | G | 10,700 | $0.00 | $0.00 |
| May 21, 2026 | Curless Michael S | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | Sellers Anne E. | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | Catchings Tamika | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | O'Brien Patrick D. | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | JUSTER ANDREW | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | Dinwiddie Thomas | Director | A | 381 | $46.03 | $17.5K |
| May 21, 2026 | Shaffer Mark E. | Director | A | 381 | $46.03 | $17.5K |
| May 15, 2026 | Petrie Michael F. | Chairman and CEO | G | 16,000 | $0.00 | $0.00 |
| May 7, 2026 | Langford Kevin T | Chief Administrative Officer | G | 650 | $0.00 | $0.00 |
| May 6, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 8,334 | $46.86 | $390.5K |
| May 5, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 20,000 | $46.75 | $935.0K |
| Feb 19, 2026 | Shane David N. | Director | A | 377 | $46.45 | $17.5K |
| Feb 10, 2026 | Schroeter Martin A | President-Warehouse Lending | SELL | 5,500 | $46.06 | $253.3K |
| Feb 10, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 4,455 | $20.20 | $90.0K |
| Feb 9, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 14,610 | $20.20 | $295.1K |
| Feb 6, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 7,149 | $20.20 | $144.4K |
| Feb 5, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 2,034 | $20.20 | $41.1K |
| Feb 4, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 6,929 | $20.20 | $140.0K |
| Feb 3, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 1,383 | $20.20 | $27.9K |
| Feb 2, 2026 | Petrie Michael F. | Chairman and CEO | SELL | 2,404 | $20.20 | $48.6K |
| Feb 1, 2026 | Oznick Terry A | SVP, General Counsel | F | 2,685 | $41.46 | $111.3K |
| Feb 1, 2026 | Sievers Sean A. | CHIEF FINANCIAL OFFICER | F | 246 | $41.46 | $10.2K |
| Feb 1, 2026 | Dunlap Michael J. | President, COO | F | 7,766 | $41.46 | $322.0K |
| Feb 1, 2026 | Dury Michael R. | CEO of Merchants Capital | F | 2,972 | $41.46 | $123.2K |
| Feb 1, 2026 | Evans Scott A. | Lynn Market President | F | 1,817 | $41.46 | $75.3K |
| Feb 1, 2026 | Koors Jerry F. | Merchants Mortgage President | F | 2,140 | $41.46 | $88.7K |
| Feb 1, 2026 | Langford Kevin T | Chief Administrative Officer | F | 2,483 | $41.46 | $102.9K |
| Feb 1, 2026 | Petrie Michael F. | Chairman and CEO | F | 9,685 | $41.46 | $401.5K |
| Feb 1, 2026 | Schroeter Martin A | President-Warehouse Lending | F | 663 | $41.46 | $27.5K |
No SEC filing reports analyzed yet. Reports are generated when new filings are detected and processed by the LLM pipeline.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Historical analyst distribution (last covering-analyst action Mar 2026): 78% buy across 9 analysts — 2 strong buy, 5 buy, 2 hold, 0 sell, 0 strong sell. No current recommendation available.
Analyst Price Targets
Historical data — last covering-analyst action Mar 2026. No current recommendation available.
$51.67 mean target (Mar 2026)
$46.00 Low
$58.00 High
| Metric | Value |
|---|---|
| Current Price | $48.92 |
| Target Low | $46.00 |
| Target Mean | $51.67 |
| Target Median | $51.00 |
| Target High | $58.00 |
| # Analysts | 3 |
| Recommendation | — (no recent coverage) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$1.25 | $1.24 | $1.26 | 108.3% | -1.6% | 1↑ 2↓ | $0.2B | 1.8% | 3 |
| Next Q 2026-09-30 |
$1.32 | $1.30 | $1.35 | 35.7% | -3.2% | 0↑ 3↓ | $0.2B | 7.9% | 3 |
| Current FY 2026-12-31 |
$5.12 | $5.08 | $5.19 | 35.5% | -2.2% | 1↑ 2↓ | $0.7B | 7.1% | 3 |
| Next FY 2027-12-31 |
$5.70 | $5.50 | $5.96 | 11.2% | -1.0% | 1↑ 2↓ | $0.8B | 4.2% | 3 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.250 | |
| 7d ago | $1.287 | -0.037 |
| 30d ago | $1.270 | -0.020 |
| 60d ago | $1.270 | -0.020 |
| 90d ago | $1.240 | +0.010 |
1 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.
Historical Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Mar 2, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | Equal-Weight |
| Jan 30, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | Equal-Weight |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| May 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Apr 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Mar 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Feb 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Jan 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Apr 27, 2026
earnings_calendar
MBIN Q1 2026 Earnings Scheduled — 2026-04-27
Apr 23, 2026
earnings_calendar
MBIN Q1 2026 Earnings Scheduled — 2026-04-23
Mar 13, 2026
short_interest
FTD: MBIN — 22,198 shares ($0.9M) failed to deliver
Settlement: 20260313, Price: $42.26, FTD Value: $938,087.48, MERCHANTS BANCORP IND COM