Merchants Bancorp ADR (MBINL)
Merchants Bancorp ADR (MBINL) is a U.S.-listed depositary receipt tied to Merchants Bancorp, a diversified bank holding company headquartered in Carmel, Indiana. The underlying issuer was founded in 1990 and operates across three main businesses: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking.
Through its mortgage banking activities, the company originates and services government-sponsored mortgages and provides bridge financing, construction lending, and specialized financing for multi-family housing projects and healthcare-related properties. It also works with skilled nursing facilities and provides tax credit equity syndication services. Its mortgage warehousing segment finances agency-eligible residential loans and commercial loans to non-depository financial institutions. The Banking segment serves consumers and businesses with retail banking, commercial lending, agricultural lending, residential mortgage banking, and small business administration lending.
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| Ticker | Fair Value | Fair Value Upside/Downside | Fair Value Rating | Analyst Price Target | Analyst Target Upside/Downside | Analyst Target Rating | Overall Financial Health | Upcoming Dividend Ex-Date | Dividend Payment Date | Upcoming Dividend | Dividend Yield | Next Earnings Date | P/E Ratio | Price-to-Book Ratio | Price-to-Sales Ratio | Market Cap | Enterprise Value | Total Debt / Total Capital | Free Float / Shares Outstanding | Altman Z-Score | Payout Ratio | Free Cash Flow / Net Income |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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NASDAQ-MBIN.L
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$30.31
|
22.0% Upside
|
Undervalued
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—
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—
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—
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Fair
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—
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—
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1.91
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7.7%
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July 28, 2026
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11.9x
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1.3x
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3.8x
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2.247 B
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—
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63.1%
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62.8%
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-0.2
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26.2%
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-584.8%
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