MBIN Merchants Bancorp (MBIN) Insider Trading, Ownership & Congress Trades
Banks · State commercial banks · CIK 0001629019
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
88
13F, latest reported quarter
What the filings say about MBIN
Insiders, 180 days
-$2.8M net sold
2 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$613.7K
1 notice
Merchants Bancorp insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Merchants Bancorp insiders sold a net $2.8M of stock across 111 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 1.2% of the 727,103 shares held after it.
- 1 other insider sold within 30 days.
- 88 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Kaercher Julia L. sold about $496.8K of MBIN on Jul 30, 2026; 1 other insider sold within 30 days and 88 funds added in the latest 13F quarter.Context
- 42 earlier Form 4 trades (code P or S) here by this insider (4 buys, 38 sales), the last on May 6, 2026.
- +0.8% median (+0.4% mean) 90-day return after 4 previous buys.
- The trade is 1.2% of the 727,013 shares held after it.
- 1 other insider sold within 30 days.
- 88 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chairman and CEO Petrie Michael F. sold about $496.8K of MBIN on Jul 30, 2026; 1 other insider sold within 30 days and 88 funds added in the latest 13F quarter.Context
- 41 earlier Form 4 trades (code P or S) here by this insider (4 buys, 37 sales), the last on May 5, 2026.
- +0.8% median (+0.4% mean) 90-day return after 4 previous buys.
- The trade is 0.4% of the 1,864,994 shares held after it.
- No other insider sold within 30 days.
- 88 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chairman and CEO Petrie Michael F. sold about $390.5K of MBIN on May 6, 2026; 88 funds added in the latest 13F quarter.Context
- 39 earlier Form 4 trades (code P or S) here by this insider (4 buys, 35 sales), the last on Feb 26, 2026.
- +0.8% median (+0.4% mean) 90-day return after 4 previous buys.
- The trade is 1.5% of the 736,013 shares held after it.
- No other insider sold within 30 days.
- 88 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chairman and CEO Petrie Michael F. sold about $500.0K of MBIN on May 5, 2026; 88 funds added in the latest 13F quarter.Context
- 39 earlier Form 4 trades (code P or S) here by this insider (4 buys, 35 sales), the last on Feb 26, 2026.
- +0.8% median (+0.4% mean) 90-day return after 4 previous buys.
- The trade is 1.1% of the 1,873,328 shares held after it.
- No other insider sold within 30 days.
- 88 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chairman and CEO Petrie Michael F. sold about $935.0K of MBIN on May 5, 2026, the largest insider sale at the company since 2025; 88 funds added in the latest 13F quarter.111 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$2.8M over 180 days
-$993.6K over 90 days · -$2.3M of it by a 10%+ holder
below 84% of Banks
Congress
no House purchase disclosed in the last 12 months
Funds
88 funds bought in last quarter
below 55% of Banks
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
$3.0M repurchased, FY to 2026-06-30
below 59% of Banks
Short interest
7.7% of the float short (float per yahoo 2026-10-26) · 7.7 days to cover · settled 2026-09-30
more than 69% of Banks
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch MBIN
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+52.1%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns MBIN: institutional holders (13F)
13F holdings, latest reported quarter
26,808,625 sh
$1.3B
4,105,193 sh
$205.3M
1,827,144 sh
$91.4M
1,066,972 sh
$53.5M
1,044,992 sh
$52.2M
Congress trades in MBIN
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
MBIN planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Petrie Jody J.
Filed 2026-07-30
$613.7K
MBIN mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
JAMES MICRO CAP FUND
$1.2M position · as of 2026-06-30
3.5%
BALLAST SMALL/MID CAP ETF
$4.6M position · as of 2026-06-30
2.6%
Ancora Income Fund
$1.2M position · as of 2026-06-30
2.4%
WESTWOOD REAL ESTATE INCOME FUND
$4.9M position · as of 2026-07-31
2.1%
Virtus InfraCap U.S. Preferred Stock ETF
$48.7M position · as of 2026-07-31
2.0%
Royce SMid-Cap Total Return Fund
$548.0K position · as of 2026-06-30
1.7%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Petrie.
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2023
$2.8M
$5.0M
$2.8M
+240%
+9%
2022
$1.9M
$2.3M
$3.0M
+92%
-1%
2021
$1.5M
$2.2M
$4.9M
+146%
+20%
2020
$1.6M
$1.8M
$3.0M
+43%
-13%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $2.8M sold by insiders over 180 days, 88 funds added last quarter, $613.7K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
MBIN financials
Complaints, 90 days
1
- YoY · CFPB
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Revenue, TTM MBIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Single quarter
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Net margin, TTM MBIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$765.3M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM MBIN
| FY Dec 2025 | -$362.2M |
| FY Dec 2024 | -$853.7M |
| FY Dec 2023 | -$363.9M |
| FY Dec 2022 | $969.0M |
| FY Dec 2021 | -$52.9M |
| Jun 2026 | $210.9M |
| Mar 2026 | -$598.5M |
| Dec 2025 | -$401.7M |
| Sep 2025 | $24.0M |
| Jun 2025 | -$125.7M |
| Mar 2025 | $141.2M |
| Dec 2024 | -$16.3M |
| Sep 2024 | -$497.2M |
At each fiscal year end
Single quarter
Debt to equity
0.04x
long-term debt only, 2022-09-30 (45 months older than the period end); equity 2026-06-30
Debt to equity MBIN
| FY Dec 2025 | 0.04x |
| FY Dec 2024 | 0.04x |
| FY Dec 2023 | 0.06x |
| FY Dec 2022 | 0.07x |
| FY Dec 2021 | 0.89x |
| Jun 2026 | 0.04x |
| Mar 2026 | 0.04x |
| Dec 2025 | 0.04x |
| Sep 2025 | 0.04x |
| Jun 2025 | 0.04x |
| Mar 2025 | 0.05x |
| Dec 2024 | 0.04x |
| Sep 2024 | 0.05x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
-7.73x
TTM operating cash flow over long-term debt only, 2022-09-30 (45 months older than the period end)
Cash flow to debt MBIN
| FY Dec 2025 | -3.51x |
| FY Dec 2024 | -8.59x |
| FY Dec 2023 | -3.66x |
| FY Dec 2022 | 10.03x |
| FY Dec 2021 | -0.05x |
| Jun 2026 | -7.73x |
| Mar 2026 | -11.17x |
| Dec 2025 | -3.51x |
| Sep 2025 | 0.48x |
| Jun 2025 | -4.89x |
| Mar 2025 | -3.12x |
| Dec 2024 | -8.59x |
| Sep 2024 | -0.91x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+11.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity MBIN
| FY Dec 2025 | +9.7% |
| FY Dec 2024 | +16.2% |
| FY Dec 2023 | +17.7% |
| FY Dec 2022 | +16.8% |
| FY Dec 2021 | +23.1% |
| Jun 2026 | +11.7% |
| Mar 2026 | +10.2% |
| Dec 2025 | +9.7% |
| Sep 2025 | +11.8% |
| Jun 2025 | +12.4% |
| Mar 2025 | +14.8% |
| Dec 2024 | +16.2% |
| Sep 2024 | +16.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+1.3%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets MBIN
| FY Dec 2025 | +1.1% |
| FY Dec 2024 | +1.8% |
| FY Dec 2023 | +1.9% |
| FY Dec 2022 | +1.8% |
| FY Dec 2021 | +2.2% |
| Jun 2026 | +1.3% |
| Mar 2026 | +1.2% |
| Dec 2025 | +1.1% |
| Sep 2025 | +1.3% |
| Jun 2025 | +1.4% |
| Mar 2025 | +1.6% |
| Dec 2024 | +1.8% |
| Sep 2024 | +1.7% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on invested capital MBIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
Return on capital employed MBIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
9.83x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing MBIN
| FY Dec 2025 | 9.01x |
| FY Dec 2024 | 5.78x |
| FY Dec 2023 | 7.55x |
| FY Dec 2022 | 5.44x |
| FY Dec 2021 | 6.61x |
| Jun 2026 | 10.04x |
| Mar 2026 | 10.47x |
| Dec 2025 | 9.01x |
| Sep 2025 | 7.31x |
| Jun 2025 | 7.27x |
| Mar 2025 | 6.80x |
| Dec 2024 | 5.78x |
| Sep 2024 | 7.44x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$2.0B
market value at close 2026-10-23 on 2026-07-30 shares, plus long-term debt only, 2022-09-30 (45 months older than the period end), minus cash 2023-06-30
Enterprise value MBIN
| FY Dec 2025 | $1.3B |
| FY Dec 2024 | $1.4B |
| FY Dec 2023 | $1.6B |
| FY Dec 2022 | $919.5M |
| FY Dec 2021 | $909.6M |
| Jun 2026 | $2.0B |
| Mar 2026 | $1.7B |
| Dec 2025 | $1.3B |
| Sep 2025 | $1.2B |
| Jun 2025 | $1.2B |
| Mar 2025 | $1.4B |
| Dec 2024 | $1.4B |
| Sep 2024 | $1.8B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-34.0%
TTM free cash flow over market value at close 2026-10-23
FCF yield MBIN
| FY Dec 2025 | -23.2% |
| FY Dec 2024 | -51.1% |
| FY Dec 2023 | -19.8% |
| FY Dec 2022 | +92.4% |
| FY Dec 2021 | -5.8% |
| Jun 2026 | -33.3% |
| Mar 2026 | -55.9% |
| Dec 2025 | -23.2% |
| Sep 2025 | +1.6% |
| Jun 2025 | -32.8% |
| Mar 2025 | -19.2% |
| Dec 2024 | -51.1% |
| Sep 2024 | -5.1% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
1.04x
P/E over trailing EPS growth of 9%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing MBIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | 0.49x |
| FY Dec 2023 | 0.29x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 0.28x |
| Jun 2026 | 1.06x |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | 0.49x |
| Sep 2024 | 0.45x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Net income | $218.8M | $320.4M | $279.2M | $219.7M |
| EPS (diluted) | 3.78 | 6.30 | 5.64 | 4.47 |
| Operating cash flow | -$341.2M | -$835.3M | -$356.4M | $975.8M |
| Cash | n/a | n/a | n/a | $226.2M |
| Buybacks | n/a | n/a | n/a | $3.9M |
| Dividends paid | $59.4M | $51.2M | $48.5M | $38.1M |
SEC XBRL, fiscal years, as known on 2026-10-27
MBIN Stock Sonar score 5/7 axes
Find similar shapesCompareMBIN ranks highest on profitability (70th percentile) and institutional and government (45th), and lowest on insider conviction (8th), among Banks peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
MBIN filings, in plain words
Are Merchants Bancorp insiders buying or selling MBIN?
In the 180 days to 2026-10-27, Merchants Bancorp insiders were net sellers, a net $2.8M across purchases and sales reported on Form 4, by 2 sellers.
Are there planned insider sales of MBIN?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-27, covering $613.7K of stock; the latest, by Petrie Jody J., was filed 2026-07-30.
Read the full summary
In the 180 days to 2026-10-27, Merchants Bancorp insiders were net sellers of MBIN, a net $2.8M across purchases and sales reported on Form 4 by 2 sellers. Most of that figure, $2.3M, came from a holder of 10% or more rather than an officer or director. None of the 5 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-27, covering $613.7K of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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