Merchants Bancorp (NASDAQ:MBIN) Declares Stock Repurchase Program

Merchants Bancorp (NASDAQ:MBIN) announced that its Board of Directors has authorized a share buyback plan on Wednesday, January 28th, RTT News reports. The company plans to repurchase $100.00 million in shares. This repurchase authorization allows the company to repurchase up to 6.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Merchants Bancorp Trading Up 15.7%

NASDAQ MBIN opened at $40.44 on Friday. The company has a market capitalization of $1.86 billion, a PE ratio of 10.70 and a beta of 1.25. Merchants Bancorp has a 1-year low of $27.25 and a 1-year high of $43.77. The company has a current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 1.73. The firm’s fifty day simple moving average is $34.69 and its 200-day simple moving average is $33.06.

Merchants Bancorp (NASDAQ:MBIN) last issued its earnings results on Wednesday, January 28th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.34. Merchants Bancorp had a return on equity of 13.35% and a net margin of 16.02%.The company had revenue of $193.49 million for the quarter, compared to analyst estimates of $170.80 million. As a group, sell-side analysts anticipate that Merchants Bancorp will post 5.54 earnings per share for the current fiscal year.

Merchants Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 15th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, December 15th. Merchants Bancorp’s dividend payout ratio (DPR) is presently 9.20%.

Wall Street Analysts Forecast Growth

MBIN has been the topic of several recent research reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $38.00 price objective (down previously from $40.00) on shares of Merchants Bancorp in a research note on Wednesday, October 29th. Wall Street Zen upgraded Merchants Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Zacks Research raised Merchants Bancorp from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Merchants Bancorp in a report on Monday, December 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $42.00 price objective (up from $41.00) on shares of Merchants Bancorp in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.25.

Key Stories Impacting Merchants Bancorp

Here are the key news stories impacting Merchants Bancorp this week:

• Positive Sentiment: Q4 results beat expectations — Merchants reported $1.28 EPS vs. consensus $0.94 and revenue of $193.49M vs. $170.8M, with sequential net income gains, improved asset quality and total assets of $19.4B. Merchants Bancorp Reports Fourth Quarter 2025 Results
• Positive Sentiment: Board approved a $100 million stock repurchase program (expires 12/31/2027), authorizing open-market repurchases of ~6.2% of outstanding shares — a clear capital-return move that signals management views the stock as undervalued and supports EPS. Merchants Bancorp Announces $100 Million Stock Repurchase Program
• Neutral Sentiment: Analyst / media coverage highlights the beats and buyback as drivers of the rally; snapshot and roundup pieces note the stock is trading up on the combined news. Why Merchants Bancorp (MBIN) Stock Is Trading Up Today
• Neutral Sentiment: Zacks and earnings summaries provide deeper context on key metrics (earnings vs. year-ago, revenue drivers, and metric comparisons to estimates) useful for modeling forward performance. Merchants Bancorp (MBIN) Tops Q4 Earnings and Revenue Estimates
• Neutral Sentiment: Valuation and fundamentals: the company trades at a modest P/E (~9.3) with ROE ~15.2% and healthy net margin (~17.7%). Analysts expect ~5.54 EPS for the fiscal year; the buyback and earnings beat could accelerate EPS accretion. Merchants Bancorp: Q4 Earnings Snapshot

About Merchants Bancorp

Merchants Bancorp (NASDAQ: MBIN) is the bank holding company for Merchants Bank, a regional financial institution headquartered in Buffalo, New York. Through its network of branches and digital platforms, the company offers a range of banking services across western and central New York. Merchants Bancorp operates as a full‐service commercial bank, serving small and medium-sized businesses, professionals, families and individuals in its core markets.

The company’s primary activities include deposit taking, commercial and consumer lending, mortgage origination, and treasury management services.