Is Merchants Bancorp a good dividend stock?

Merchants Bancorp (MBIN) is a dividend-paying stock with a current dividend yield of 0.84%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is MBIN's dividend yield?

The dividend yield for MBIN stock is currently 0.84%.

How much does MBIN pay in dividends per year?

Merchants Bancorp pays an annual dividend of $0.4200 per share over the trailing twelve months.

How often does MBIN pay dividends?

MBIN stock pays dividends quarterly.

Is MBIN's dividend growing?

Merchants Bancorp's 3-year dividend CAGR is 11.87%.

MBIN Stock Price, Chart, Stats & News

Merchants Bancorp

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Overview Dividend safety Dividends Fundamentals

Merchants Bancorp (MBIN) is a dividend-paying stock with a current dividend yield of 0.84% as of Jul 17, 2026. It pays $0.4200 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 22.68% 5-year compound annual rate.

2.28B

Market cap

12.12x

Current P/E

–

Forward P/E

0.84%

Dividend yield

$0.4200

MBIN dividend

Dividend safety

Strong

Dividend coverage looks healthy — MBIN pays out about 10% of earnings.

See the safety analysis

MBIN chart

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Fundamentals

Gross margin	41.15%
Operating margin	19.37%
Pretax margin	19.37%
Net margin	16.06%
Effective tax rate	17.07%
ROA	1.12%
ROE	9.89%
D/E	1.68x
Interest coverage ratio	0.39x

All financials

MBIN valuation

P/E	12.12x
P/S	1.43x
P/B	0.85x
P/CF	-14.27x
P/FCF	-11.44x
P/OCF	-14.27x
PEG	-0.67x
EV multiple	-7.08x

About

Merchants Bancorp operates as a diversified financial services holding company across the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking division focuses on originating and servicing government-sponsored mortgages for multi-family dwellings and healthcare institutions.