Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Merchants Bancorp (MBIN) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores MBIN at 55.3/100 on a 32-signal composite quality model, placing it at rank #1,258 of 2,962 stocks — the top half of the AI-ranked universe. MBIN scores in the top quartile across profitability (93.9). Areas of concern include earnings quality (1.8) and free cash flow (6.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Merchants Bancorp reports quarterly revenue of $182.2M, net income of $78.3M, an operating margin of 54.8%. Top institutional holders of MBIN by reported 13-F value include Elser Financial Planning, BlackRock, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. MBIN trades on the Nasdaq exchange and files with the SEC under CIK 1629019. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MBIN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Merchants Bancorp directly from SEC EDGAR.
AI Quality Score
55.3/100
AI Rank
#1,258
Revenue
$182.2M
Net Income
$78.3M
Free Cash Flow
$210.9M
Operating Margin
54.8%
| Period | Form | Revenue | Net income | Operating margin |
|---|---|---|---|---|
| FY 2025 | 10-K | $681.4M | $218.8M | 38.7% |
| FY 2024 | 10-K | $670.7M | $320.4M | 63.0% |
| FY 2023 | 10-K | $562.7M | $279.2M | 61.8% |
| FY 2022 | 10-K | $444.5M | $219.7M | 65.5% |
| FY 2021 | 10-K | $435.3M | $227.1M | 70.0% |
| FY 2020 | 10-K | $351.6M | $180.5M | 69.2% |
| Institution | Shares | Value | Reported |
|---|---|---|---|
| Elser Financial Planning | 26,808,625 | $1.3B | 2026-06-30 |
| BlackRock | 4,105,193 | $205.3M | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS | 1,827,144 | $91.4M | 2026-06-30 |
| STATE STREET | 1,066,972 | $53.5M | 2026-06-30 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL | 1,044,992 | $52.3M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT | 1,015,813 | $50.8M | 2026-06-30 |
| AMERICAN CENTURY COMPANIES | 837,052 | $41.9M | 2026-06-30 |
| Doma Perpetual Capital Management | 810,082 | $40.5M | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT | 740,326 | $37.0M | 2026-06-30 |
| ROYCE & ASSOCIATES | 527,047 | $26.4M | 2026-06-30 |
13F Pro Quality Score
Rank #1,258 of 2,962 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
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