MBIN

Merchants BancorpC

Nasdaq / Financial Services

At close

2026-06-02

Current thesis

Sustained loan growth and NIM expansion drive earnings beats and multiple re-rating toward regional highs; catalysts and M&A chatter could push price toward analyst-high levels.

Posture

Mixed

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -2.5.

What can break

Analyst downgrades or sector multiple contraction

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $42.64 · Bull $51.17 · Bear $38.38

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-03 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $50.33

Why

Momentum61 · Δ7d -2.5

Value56 · Δ7d -0.2

Sentiment48 · Δ7d +2.3

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-2.5

Δ21d

-16.3

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.2

Δ21d

-0.5

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+2.3

Δ21d

+6.4

Why this grade

Composite grade C. Momentum 60.6 / Value 56.3 / Sentiment 48.1

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$2.13B

Beta

1.27

Shares Out

45.89M

P/E (TTM)

7.9

P/S (TTM)

2.29

P/FCF (TTM) · Derived

-58.89

Rev YoY

-11.0%

EPS YoY

-17.0%

Gross Margin

Op Margin

+46.1%

Net Debt

$203.1M

Current Ratio

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology