Merchants Bancorp(MBIN)— Stock Profile, AI Score & Financials

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%

MBIN key financials by period

Merchants Bancorp reported revenue, net income and margins by fiscal period, from SEC filings.
PeriodFormRevenueNet incomeOperating margin
FY 202510-K$681.4M$218.8M38.7%
FY 202410-K$670.7M$320.4M63.0%
FY 202310-K$562.7M$279.2M61.8%
FY 202210-K$444.5M$219.7M65.5%
FY 202110-K$435.3M$227.1M70.0%
FY 202010-K$351.6M$180.5M69.2%

Institutions holding MBIN

Institutional investors reporting a position in Merchants Bancorp on SEC Form 13F.
InstitutionSharesValueReported
Elser Financial Planning26,808,625$1.3B2026-06-30
BlackRock4,105,193$205.3M2026-06-30
DIMENSIONAL FUND ADVISORS1,827,144$91.4M2026-06-30
STATE STREET1,066,972$53.5M2026-06-30
NOMURA ASSET MANAGEMENT INTERNATIONAL1,044,992$52.3M2026-06-30
VANGUARD CAPITAL MANAGEMENT1,015,813$50.8M2026-06-30
AMERICAN CENTURY COMPANIES837,052$41.9M2026-06-30
Doma Perpetual Capital Management810,082$40.5M2026-06-30
GEODE CAPITAL MANAGEMENT740,326$37.0M2026-06-30
ROYCE & ASSOCIATES527,047$26.4M2026-06-30
MBIN

Merchants Bancorp

MBIN
NasdaqMid CapFinancials

13F Pro Quality Score

55.3/100

Rank #1,258 of 2,962 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

45.2/100

Profitability

93.9/100

Balance Sheet

47.5/100

Earnings Quality

1.8/100

Free Cash Flow

6.4/100

Institutional Flow

20.7/100

Revenue Scale

43.3/100

Dilution Risk

94.7/100

Price Chart

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Key Metrics

Revenue

Q2 2026
EDGAR

$182.22M

Net Income

Q2 2026
EDGAR

$78.30M

EPS (Diluted)

Q2 2026
EDGAR

$1.48

Operating Margin

Q2 2026
EDGAR

54.8%

ROIC

Q2 2026
EDGAR

6.0%

Free Cash Flow

Q2 2026
EDGAR

$210.87M

Top Institutional Holders

as of Q2 2026
$2.26B total

Financial Trends

Revenue & Net Income

Earnings Per Share

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