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.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Overall Financial Health Dividend Payment Date Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-MBIN.L
$25.74
5.7% Upside
Fair
Not available
Not available
Fair
October 1, 2026
7.8%
October 29, 2026
10.5x
1.3x
3.8x
2.392 B
59.5%
55.2%
-0.2
22.5%
-334.6%
Valuation • Fair Value

Merchants Bancorp ADR (NASDAQ-MBIN.L) Fair Value by Valuation Model

Review the available estimates for Merchants Bancorp ADR (NASDAQ-MBIN.L), including Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$25.74

Estimated upside of 5.7% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

Ben Graham Formula Value

$30.68

Classic Ben Graham valuation formula reference.

Comps Fair Value

$25.74

Comparable-company valuation reference.

Analyst Price Target

Not available

Data is currently unavailable.

How to read these valuation models

Use the 4 available valuation references for Merchants Bancorp ADR (NASDAQ-MBIN.L) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Merchants Bancorp ADR (NASDAQ-MBIN.L)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

632.3 M

Current operating scale indicator.

Revenue Forecast

729 M

Forward revenue estimate.

EBITDA

0 K

Current operating profitability reference.

EBITDA Forecast

486.9 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Merchants Bancorp ADR (NASDAQ-MBIN.L) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Merchants Bancorp ADR (NASDAQ-MBIN.L)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

2

Weak quality score that deserves closer review.

Altman Z-Score

-0.2

Lower score that deserves closer risk review.

FCF / Net Income

-334.6%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Merchants Bancorp ADR (NASDAQ-MBIN.L). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Merchants Bancorp ADR (NASDAQ-MBIN.L)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 29, 2026

Days to Earnings

41

Dividend Payment Date

October 1, 2026

Dividend Yield

7.8%

Current income yield reference.

Payout Ratio

22.5%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Merchants Bancorp ADR (NASDAQ-MBIN.L), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Technical Outlook

Technical Signals by Time Frame

Review the technical signals currently available for this stock across supported time frames.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Buy

The monthly technical read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

FAQ Fast Investor Answers

Merchants Bancorp ADR (NASDAQ-MBIN.L) Stock FAQ

Data-supported answers about Merchants Bancorp ADR (NASDAQ-MBIN.L), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$25.74
Estimated upside 5.7%
Valuation Rating
Undervalued
Estimated upside of 5.7%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Merchants Bancorp ADR (NASDAQ-MBIN.L) is $25.74. This implies an estimated upside of 5.7% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 5.7% versus the current market price.

The current financial health read for Merchants Bancorp ADR (NASDAQ-MBIN.L) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Merchants Bancorp ADR (NASDAQ-MBIN.L) is October 29, 2026.

Based on the current data, dividend yield is 7.8%, payment date is October 1, 2026.

The current P/E ratio listed for Merchants Bancorp ADR (NASDAQ-MBIN.L) is 10.5x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Merchants Bancorp ADR is 2.392 B.

The ticker symbol for Merchants Bancorp ADR is NASDAQ-MBIN.L, and the stock is listed on NASDAQ.

Merchants Bancorp ADR (NASDAQ-MBIN.L) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Merchants Bancorp ADR is 59.5%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Merchants Bancorp ADR is 55.2%. Free float helps investors understand how much of the share base is available for public trading.