MBIN Company Profile and Key Details
Merchants Bancorp
MBIN Stock Price Chart
Stock Price Today
Merchants Bancorp (MBIN) stock surged +2.84%, trading at $42.00 on NASDAQ, up from the previous close of $40.84. The stock opened at $40.83, fluctuating between $40.59 and $42.12 in the recent session.
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About Company
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Company Information
| Employees | 618 |
| Beta | 1.13 |
| Sales or Revenue | $1.18B |
| 5Y Sales Change% | 2.856% |
| Fiscal Year Ends | December |
| Sector | Financial Services |
| Industry | Banks - Regional |
Frequently Asked Questions
Merchants Bancorp (NASDAQ: MBIN) stock price is $42.00 in the last trading session. During the trading session, MBIN stock reached the peak price of $42.12 while $40.59 was the lowest point it dropped to. The percentage change in MBIN stock occurred in the recent session was 2.84% while the dollar amount for the price change in MBIN stock was $1.16.
The NASDAQ listed MBIN is part of Banks - Regional industry that operates in the broader Financial Services sector. Merchants Bancorp designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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MBIN's closing price is 22.96% higher than its 52-week low of $34.16 where as its distance from 52-week high of $53.27 is -21.16%.
Number of MBIN employees currently stands at 618.
Official Website of MBIN is: https://www.merchantsbancorp.com
MBIN could be contacted at phone 317 569 7420 and can also be accessed through its website. MBIN operates from 410 Monon Boulevard, Carmel, IN 46032, United States.
MBIN stock volume for the day was 117.04K shares. The average number of MBIN shares traded daily for last 3 months was 167.59K.
The market value of MBIN currently stands at $1.92B with its latest stock price at $42.00 and 45.76M of its shares outstanding.
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