Compare Merchants Bancorp (Indiana) with Similar Stocks
Dashboard
1
High Management Efficiency with a high ROA of 1.57%
2
Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.57%
3
Healthy long term growth as Net Interest Income (ex other income) has grown by an annual rate of 0% and Net profit at 3.92%
4
Flat results in Dec 25
5
With ROA of 0.90%, it has a attractive valuation with a 0.66 Price to Book Value
6
High Institutional Holdings at 99%
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
17.6%
0%
17.6%
6 Months
32.77%
0%
32.77%
1 Year
14.39%
0%
14.39%
2 Years
-6.08%
0%
-6.08%
3 Years
62.62%
0%
62.62%
4 Years
50.79%
0%
50.79%
5 Years
46.67%
0%
46.67%
Merchants Bancorp (Indiana) for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
33.54%
EBIT Growth (5y)
3.02%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
10.58%
Pledged Shares
0
Institutional Holding
99.00%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
0.66
EV to EBIT
-0.13
EV to EBITDA
-0.13
EV to Capital Employed
-0.06
EV to Sales
-0.04
PEG Ratio
NA
Dividend Yield
0.12%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
11.59%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Shareholding Snapshot : Dec 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 58 Schemes (20.25%)
Foreign Institutions
Held by 73 Foreign Institutions (2.82%)
Strategic Entities with highest holding
Highest Public shareholder
About Merchants Bancorp (Indiana) 
Merchants Bancorp (Indiana)
Regional Banks
Merchants Bancorp is a diversified bank holding bank. The Bank operate multiple lines of business with a focus on FHA multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking. The Bank operates in three primary segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans from origination or purchase to sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products.






