Recent discussions on X about Merchants Bancorp (MBIN) have centered around the company’s disappointing Q2 2025 earnings report, which revealed a significant drop in net income and earnings per share far below analyst expectations. Many users expressed concern over the reported 50% decline in net income to $38 million, largely attributed to a sharp increase in provisions for credit losses. The stock’s subsequent price drop has fueled intense debates about the bank’s financial health and future prospects.
Additionally, posts on X have highlighted a specific issue tied to the earnings miss, with some pointing to an ongoing investigation into borrower mortgage fraud and declining appraised values of multi-family properties as critical risks. There’s a palpable sense of unease among discussants, with several questioning the management’s strategy in handling large subordinated loans in this sector. This controversy has kept MBIN in the spotlight as a polarizing topic on the platform.
Note: This discussion summary was generated from an AI condensation of post data.
Merchants Bancorp Insider Trading Activity
Merchants Bancorp insiders have traded $MBIN stock on the open market 7 times in the past 6 months. Of those trades, 7 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MBIN stock by insiders over the last 6 months:
- MICHAEL R. DURY (CEO of Merchants Capital) has made 5 purchases buying 24,505 shares for an estimated $763,931 and 0 sales.
- MICHAEL J. DUNLAP (President, COO) has made 2 purchases buying 4,000 shares for an estimated $122,377 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Merchants Bancorp Hedge Fund Activity
We have seen 78 institutional investors add shares of Merchants Bancorp stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ELSER FINANCIAL PLANNING, INC added 27,094,718 shares (+inf%) to their portfolio in Q2 2025, for an estimated $896,022,324
- PL CAPITAL ADVISORS, LLC removed 6,678,788 shares (-97.3%) from their portfolio in Q1 2025, for an estimated $247,115,156
- MACQUARIE GROUP LTD added 627,540 shares (+240.6%) to their portfolio in Q1 2025, for an estimated $23,218,980
- FJ CAPITAL MANAGEMENT LLC added 316,190 shares (+inf%) to their portfolio in Q1 2025, for an estimated $11,699,030
- BOSTON PARTNERS removed 294,314 shares (-87.3%) from their portfolio in Q1 2025, for an estimated $10,889,618
- JANUS HENDERSON GROUP PLC added 257,863 shares (+911.0%) to their portfolio in Q1 2025, for an estimated $9,540,931
- GOLDMAN SACHS GROUP INC removed 236,793 shares (-49.4%) from their portfolio in Q1 2025, for an estimated $8,761,341
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Merchants Bancorp Analyst Ratings
Wall Street analysts have issued reports on $MBIN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 07/30/2025
- Raymond James issued a "Outperform" rating on 07/29/2025
To track analyst ratings and price targets for Merchants Bancorp, check out Quiver Quantitative's $MBIN forecast page.
Merchants Bancorp Price Targets
Multiple analysts have issued price targets for $MBIN recently. We have seen 3 analysts offer price targets for $MBIN in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Nathan Rice from Piper Sandler set a target price of $41.0 on 07/30/2025
- Manan Gosalia from Morgan Stanley set a target price of $34.0 on 07/29/2025
- Daniel Tamayo from Raymond James set a target price of $40.0 on 07/29/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
