Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Stock Price

MBINNStock

$18.90+56.24%52W

Market Cap—

P/E10.24x

PEG Ratio—

Div yield0.81%

Beta1.21

MBINN Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-7.28%

Price vs S&P 500 (4W)-5.51%

VGM Score51.12

P/E Ratio (Annual)10.24x

Indicated Dividend Yield (Annual)0.81%

Book Value / Share (Quarterly)$52.11

P/TBV (Annual)0.76x

Indicated Dividend (Annual)$0.44

Cash Flow / Share (Quarterly)$-16.98

Payout Ratio (TTM)22.47%

Price vs S&P 500 (YTD)31.26%

EPS (TTM)$5.84

10-Day Avg Trading Volume0.17M

EPS Excl Extra (TTM)$5.84

EPS (Annual)$4.77

Dividend / Share (Annual)$1.30

ROI (Annual)9.27%

P/E Basic Excl Extra (TTM)8.34x

EPS Growth (5Y)-5.33%

P/E Normalized (Annual)10.24x

ROA (Last FY)1.12%

EBITD / Share (TTM)$6.00

ROE (5Y Avg)15.00%

Cash Flow / Share (Annual)$-8.21

P/B Ratio0.94x

P/B Ratio (Quarterly)0.96x

Net Income / Employee (Annual)$297,600

ROA (TTM)1.34%

EPS Growth QoQ (YoY)105.83%

EV / EBITDA (TTM)9.17x

EPS Incl Extra (Annual)$4.77

3-Month Avg Trading Volume0.19M

52-Week Price Return56.24%

P/E Incl Extra (TTM)8.34x

Tangible BV / Share (Quarterly)$46.95

52-Week High$56.87

EPS Excl Extra (Annual)$4.77

CapEx CAGR (5Y)57.78%

Tangible BV CAGR (5Y)23.24%

26-Week Price Return2.63%

13-Week Price Return-1.89%

Total Debt / Equity (Annual)0.04x

Enterprise Value$2.32B

Book Value / Share Growth (5Y)12.00%

3-Month Return Std Dev29.56%

Net Income / Employee (TTM)$365,400

EBITDA CAGR (5Y)1.73%

EBITDA Interim CAGR (5Y)0.24%

ROE (Last FY)9.59%

EPS Basic Excl Extra (Annual)$4.77

P/FCF (TTM)9.54x

EV / Free Cash Flow (TTM)244.87x

Total Debt / Equity (Quarterly)0.03x

EPS Incl Extra (TTM)$5.84

ROI (TTM)10.79%

Dividend Growth Rate (5Y)9.49%

Tangible BV / Share (Annual)$44.96

Forward P/E8.88x

Price vs S&P 500 (52W)40.71%

P/E Ratio (TTM)8.34x

EPS Growth TTM (YoY)6.08%

Year-to-Date Return43.19%

5-Day Price Return-0.49%

EPS Normalized (Annual)$4.77

ROA (5Y Avg)1.64%

Month-to-Date Return-0.39%

EBITD / Share (Annual)$5.83

EPS Growth (3Y)-2.03%

LT Debt / Equity (Annual)0.04x

P/CF (TTM)41.04x

ROI (5Y Avg)13.06%

P/E Excl Extra (TTM)8.34x

LT Debt / Equity (Quarterly)0.03x

EPS Basic Excl Extra (TTM)$5.84

P/TBV (Quarterly)1.06x

Payout Ratio (Annual)27.16%

P/B Ratio (Annual)0.69x

Dividend / Share (TTM)$1.31

Book Value / Share (Annual)$49.70

Price vs S&P 500 (13W)-4.58%

Dividend Yield (TTM)2.69%

Beta1.21x

P/FCF (Annual)2.32x

ROE (TTM)11.64%

52-Week Low$30.37

vGradeC

gGradeD

mGradeB

vgmGradeC

MBINN Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

4.00

3.89

Industry Peers — State Banks(190)

Symbol	Value Score	Growth Score	Momentum Score	P/B Ratio (Quarterly)	ROE (TTM)	ROA (TTM)	Net Interest Coverage (TTM)	Price
MBINNMerchants Bancorp Depositary Shares Preferred Series C	C	D	B	1.0x	11.6%	1.3%	—	$18.90
BNSBank of Nova Scotia	D	C	A	1.7x	11.4%	0.7%	—	$91.60
ITUBItau Unibanco Holding S.A. American Depositary Shares	B	D	C	2.2x	22.1%	1.5%	—	$9.44
BNYBank of New York Mellon Corporation	F	C	C	2.3x	14.8%	1.3%	—	$143.30
DBDeutsche Bank Aktiengesellschaft	A	C	D	0.7x	9.3%	0.5%	—	$32.57
XLFState Street Financial Select Sector SPDR ETF	—	—	C	—	—	—	—	$55.52
FITBFifth Third Bancorp	D	C	D	1.2x	8.9%	0.9%	—	$50.37
STTState Street Corporation	C	B	C	1.7x	13.1%	0.9%	—	$165.72
BBDBanco Bradesco S.A. American Depositary Shares (Each representing one Preferred Shares)	B	C	C	1.0x	14.3%	1.1%	—	$3.96
BBDOBanco Bradesco S.A. American Depositary Shares (Each representing one Common Share, no par value)	B	C	C	1.0x	14.3%	1.1%	—	$3.55
MTBM&T Bank Corp.	B	B	D	1.2x	10.7%	1.4%	—	$215.28
NTRSNorthern Trust Corp	D	C	C	2.4x	17.1%	1.3%	—	$165.54
CFGCitizens Financial Group, Inc.	C	C	D	1.1x	8.1%	0.9%	—	$63.36
FCNCAFirst Citizens BancShares Inc	C	B	B	1.1x	10.7%	1.0%	—	$2123.74
EWBCEast-West Bancorp Inc	C	B	C	1.9x	16.2%	1.8%	—	$126.88
ALLYAlly Financial Inc.	A	C	F	0.9x	9.4%	0.7%	—	$37.68
BPOPPopular Inc	C	C	B	1.6x	15.4%	1.3%	—	$158.89
SSBSouthState Bank Corporation	C	B	C	1.1x	10.5%	1.4%	—	$102.06
WTFCWintrust Financial Corp	B	B	D	1.4x	12.3%	1.3%	—	$144.08
PBProsperity Bancshares Inc	D	D	D	0.9x	7.1%	1.4%	—	$67.79
WALWestern Alliance Bancorporation	B	B	D	1.1x	12.9%	1.0%	—	$74.51
COLBColumbia Banking Systems Inc	B	C	D	1.2x	9.2%	1.1%	—	$28.44
CBCCentral Bancompany, Inc. Class A Common Stock	F	B	A	1.9x	11.7%	2.1%	—	$33.42
CBSHCommerce Bancshares Inc	C	D	C	1.9x	14.4%	1.7%	—	$55.69
UBSIUnited Bankshares Inc	C	C	B	1.1x	9.4%	1.5%	—	$46.69
HWCHancock Whitney Corporation Common Stock	C	C	C	1.4x	9.6%	1.2%	—	$73.03
HOMBHome BancShares, Inc.	C	D	C	1.2x	10.9%	2.0%	—	$29.20
GBCIGlacier Bancorp Inc	D	C	D	1.6x	7.6%	1.0%	—	$43.83
ASBAssociated Banc-Corp	B	C	C	0.9x	9.9%	1.1%	—	$28.96
AUBAtlantic Union Bankshares Corporation	C	B	D	1.2x	9.7%	1.3%	—	$38.11
ABCBAmeris Bancorp	C	C	D	1.5x	9.3%	1.4%	—	$79.72
FFINFirst Financial Bankshares Inc	D	D	F	2.5x	14.3%	1.8%	—	$30.47
SFBSServisFirst Bancshares Inc.	D	B	D	2.4x	17.1%	1.8%	—	$39.36
IBOCInternational Bancshares Corp	C	C	D	1.4x	12.7%	2.5%	—	$67.34
FBPFirst BanCorp.	C	C	B	2.0x	19.0%	1.9%	—	$27.37
UCBUnited Community Banks, Inc.	C	B	C	1.1x	10.3%	1.3%	—	$34.09
CATYCathay General Bancorp	C	C	C	1.4x	11.7%	1.4%	—	$59.96
TCBITexas Capital Bancshares, Inc. Common Stock, par value $0.01 per share	C	C	D	1.2x	10.0%	1.1%	—	$91.15
CVBFCVB Financial Corp	C	D	C	1.3x	8.2%	1.2%	—	$21.87
INDBIndependent Bank Corp/MA	C	C	C	1.2x	7.7%	1.1%	—	$79.88
RNSTRenasant Corporation	C	B	C	1.0x	8.1%	1.2%	—	$39.91
FIBKFirst Interstate BancSystem, Inc. Common Stock (DE)	B	B	D	1.1x	9.6%	1.2%	—	$34.82
MCHBMechanics Bancorp Class A Common Stock	D	C	D	1.2x	9.9%	1.2%	—	$14.35
SBCFSeacoast Banking Corp of Florida	D	B	C	1.1x	5.6%	0.8%	—	$32.54
FHBFirst Hawaiian, Inc. Common Stock	B	D	D	1.3x	10.3%	1.2%	—	$24.95
BOHBank of Hawaii Corp.	C	C	D	1.7x	12.8%	1.0%	—	$67.23
FBKFB Financial Corporation	D	B	F	1.3x	12.0%	1.4%	—	$51.54
CUBICUSTOMERS BANCORP INC	B	B	C	1.2x	13.6%	1.1%	—	$74.78
FBNCFirst Bancorp/NC	D	B	C	1.5x	8.0%	1.0%	—	$60.36
BUSEFirst Busey Corporation Class A Common Stock	B	C	B	1.0x	9.5%	1.3%	—	$29.43
SYBTStock Yards Bancorp, Inc.	D	C	C	1.8x	13.4%	1.6%	—	$76.69

About Merchants Bancorp Depositary Shares Preferred Series C

Merchants Bancorp is a bank holding company specializing in FHA multi-family and healthcare facility financing, complemented by residential mortgage banking and traditional community banking. The company operates three core segments: multi-family mortgage banking (origination and servicing of government-backed mortgages), mortgage warehousing (warehouse financing and commercial loans), and traditional banking (portfolio lending, residential mortgage banking, agricultural and SBA lending, and deposit services).