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MBINMerchants BancorpHold6.1·$49.69+1.06%
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Merchants Bancorp (MBIN) Stock Analysis

Breakout setup

HoldModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $49.69, but acceptable to hold if already in. Reasons: Concentration risk — Regulatory: Fannie Mae, Freddie Mac, and Ginnie Mae; Analyst target reached - limited upside remaining.

Merchants Bancorp is a $19.4 billion diversified bank holding company in Carmel, Indiana operating through Multi-family Mortgage Banking (FHA/GSE affordable housing loans), Mortgage Warehousing, and Banking segments. The company funded $66.3 billion in mortgage warehouse loan... Read more

$49.69+0.6% A.UpsideScore 6.1/10#58 of 142 Banks - Regional
QualityF-score4 / 9FCF yield
IncomeYield0.89%(5y avg 0.98%)Payout10.00%sustainable
Stop $46.67Target $49.98(resistance)A.R:R -1.1:1
Analyst target$51.67+4.0%3 analysts
$49.98our TP
$49.69price
$51.67mean
$46
$58

Hold if already holding. Not a fresh buy at $49.69, but acceptable to hold if already in. Reasons: Concentration risk — Regulatory: Fannie Mae, Freddie Mac, and Ginnie Mae; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Mixed signals. Hold existing position. Score 6.1/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 42d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 28, 202642d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Attractive valuation
Strong growth profile
Risks
Concentration risk — Regulatory: Fannie Mae, Freddie Mac, and Ginnie Mae
Analyst target reached - limited upside remaining
Near 52-week high (2.6% away)

Key Metrics

P/E (TTM)12.0
P/E (Fwd)8.6
Mkt Cap$2.3B
EV/EBITDA
Profit Mgn39.0%
ROE10.2%
Rev Growth15.8%
Beta1.16
Dividend0.89%
Rating analysts9

Quality Signals

Piotroski F4/9

Options Flow

P/C0.03bullish
IV63%elevated

Concentration Risks(10-K Item 1A)

  • HIGHregulatoryFannie Mae, Freddie Mac, and Ginnie Mae
    10-K Item 1A: 'our ability to sell mortgage loans readily is dependent upon our ability to remain eligible for the programs offered by the agency, such as Fannie Mae, Freddie Mac, and Ginnie Mae'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -1.1=NEGATIVEMomentum 7.4>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 42d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
65 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $44.42Resistance $51.00

Price Targets

$47
$50
A.Upside+0.6%
A.R:R-1.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-11.6% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-28 (42d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MBIN stock a buy right now?

Hold if already holding. Not a fresh buy at $49.69, but acceptable to hold if already in. Reasons: Concentration risk — Regulatory: Fannie Mae, Freddie Mac, and Ginnie Mae; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Mixed signals. Hold existing position. Target $49.98 (+0.6%), stop $46.67 (−6.5%), A.R:R -1.1:1. Score 6.1/10, moderate confidence.

What is the MBIN stock price target?

Take-profit target: $49.98 (+0.6% upside). Target $49.98 (+0.6%), stop $46.67 (−6.5%), A.R:R -1.1:1. Stop-loss: $46.67.

What are the risks of investing in MBIN?

Concentration risk — Regulatory: Fannie Mae, Freddie Mac, and Ginnie Mae; Analyst target reached - limited upside remaining; Near 52-week high (2.6% away).

Is MBIN overvalued or undervalued?

Merchants Bancorp trades at a P/E of 12.0 (forward 8.6). TrendMatrix value score: 7.8/10. Verdict: Hold.

What do analysts say about MBIN?

9 analysts cover MBIN with a consensus score of 4.0/5. Average price target: $52.

What does Merchants Bancorp do?Merchants Bancorp is a $19.4 billion diversified bank holding company in Carmel, Indiana operating through Multi-family...

Merchants Bancorp is a $19.4 billion diversified bank holding company in Carmel, Indiana operating through Multi-family Mortgage Banking (FHA/GSE affordable housing loans), Mortgage Warehousing, and Banking segments. The company funded $66.3 billion in mortgage warehouse loan principal in 2025 and is one of the largest government-agency multi-family servicers and warehouse lenders nationally, employing 735 people.

Related stocks: CUBI (Customers Bancorp, Inc) · IFS (Intercorp Financial Services In) · SSB (SouthState Bank Corporation) · PNFP (Pinnacle Financial Partners, In) · INTR (Inter & Co. Inc.)
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