MBIN
Merchants Bancorp
NASDAQ: MBIN · FINANCIAL SERVICES · BANKS - REGIONAL
$46.54
+3.42% today
Updated 2026-04-30
Market cap
$2.28B
P/E ratio
13.13
P/S ratio
4.05x
EPS (TTM)
$3.78
Dividend yield
0.80%
52W range
$29 – $50
Volume
0.2M
Merchants Bancorp (MBIN) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $118.33M | $-149.77M | $-175.89M | $204.34M | $-1.26B | $-874.89M | $-49.22M | $975.77M | $-356.40M | $-835.28M | $-341.25M |
| Capital expenditures | $1.46M | $2.56M | $2.00M | $15.51M | $13.98M | $3.62M | $3.65M | $8.82M | $7.53M | $18.39M | $35.42M |
| Depreciation | $301000.00 | $278000.00 | $296000.00 | $461000.00 | $852000.00 | $1.90M | $2.19M | $2.48M | $2.85M | $3.01M | — |
| Stock-based comp | $-23.84M | $57000.00 | $458000.00 | $221000.00 | $-31.95M | $-85.18M | $-106.36M | $3.06M | $4.02M | — | — |
| Free cash flow | $116.87M | $-152.33M | $-177.88M | $188.83M | $-1.27B | $-878.51M | $-52.86M | $966.96M | $-363.93M | $-853.67M | $-376.67M |
| Investing cash flow | $-349.33M | $-265.30M | $-523.14M | $-509.07M | $-957.67M | $-2.53B | $-474.26M | $-2.86B | $-3.26B | $-874.27M | — |
| Financing cash flow | $448.15M | $413.97M | $612.84M | $282.48M | $2.38B | $3.08B | $1.38B | $1.08B | $3.97B | $1.60B | — |
| Dividends paid | $4.22M | $6.22M | $7.95M | $10.22M | $17.25M | $23.67M | $31.23M | $38.07M | $48.51M | $51.17M | $59.42M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | $-86.18M | — | $170.19M | $-326.98M | $852.89M | $-806.45M | — | — | — |