What one share of Merchants Bancorp holds
Merchants Bancorp (the “Company,” “Merchants,” “we,” “our,” or “us”), an Indiana corporation formed in 2006, is a diversified bank holding company headquartered in Carmel, Indiana and registered under the Bank Holding Company Act of 1956, as amended.
Merchants Bancorp’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $15.52 |
|---|---|
| Profit | $4.97 |
| Capex (buildings and equipment) | $0.29 |
| Free cash flow | −$16.64 |
| Dividends | $1.64 |
| Cash and investments | $6.85 |
| Debt | $93.23 |
| Book value | $52.11 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2015 | $2.18 | $0.90 | $0.01 | $3.73 | $0.13 | $4.69 |
| 2016 | $2.60 | $0.98 | $0.04 | −$4.77 | $0.13 | $5.20 |
| 2017 | $3.38 | $1.52 | $0.02 | −$5.22 | $0.13 | $7.57 |
| 2018 | $3.24 | $1.38 | $0.21 | $4.53 | $0.16 | $8.82 |
| 2019 | $3.93 | $1.58 | $0.32 | −$29.48 | $0.75 | $15.18 |
| 2020 | $8.15 | $3.85 | $0.08 | −$20.35 | $0.88 | $18.80 |
| 2021 | $10.05 | $4.76 | $0.08 | −$1.22 | $0.96 | $26.76 |
| 2022 | $10.26 | $4.47 | $0.16 | $22.37 | $1.12 | $33.86 |
| 2023 | $12.98 | $5.64 | $0.17 | −$8.40 | $1.28 | $39.34 |
| 2024 | $14.90 | $6.30 | $0.41 | −$18.97 | $1.44 | $49.02 |
| 2025 | $14.83 | $3.78 | $0.46 | −$7.88 | $1.60 | $49.70 |
Common questions about Merchants Bancorp
How much does one share of Merchants Bancorp earn?
Over the last 12 months, each share of Merchants Bancorp earned $4.97 of profit on $15.52 of sales, keeping about 32¢ of every $1 (profit margin).
Does Merchants Bancorp pay a dividend?
Yes. Merchants Bancorp paid $1.64 per share in dividends over the last 12 months, and it paid a dividend in every year from 2015 to 2025 in StockSlicer’s data. That’s about 33¢ of each $1 of profit (payout ratio).
What is Merchants Bancorp’s book value per share?
Merchants Bancorp’s book value is $52.11 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of June 30, 2026.
How much cash and debt does each share of Merchants Bancorp have?
Each share of Merchants Bancorp has $6.85 of cash and investments and $93.23 of debt, as of June 30, 2026.
What is Merchants Bancorp’s free cash flow per share?
−$16.64 per share over the last 12 months. Free cash flow is the cash left over after spending on buildings and equipment.
How has Merchants Bancorp’s profit per share changed over time?
Profit per share went from $0.90 in 2015 to $3.78 in 2025, growing about 15.5% a year (adjusted for stock splits).
Has Merchants Bancorp bought back shares?
Merchants Bancorp’s share count rose about 45% from 2015 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.