MBIN (Merchants Bancorp) Net Loan: $16,109.6 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MBIN Merchants Bancorp MBIN
79 GF Score
Price $48.66
GF Value $42.67
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Merchants Bancorp Net Loan?

Merchants Bancorp MBIN +1.88% 79 Net Loan is $16,109.6 Mil as of Mar. 2026. GuruFocus rates MBIN with a GF Score™ of 79/100 and a GF Value™ of $42.67 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Merchants Bancorp's quarterly net loan increased from Sep. 2025 ($14,644.6 Mil) to Dec. 2025 ($14,824.4 Mil) and increased from Dec. 2025 ($14,824.4 Mil) to Mar. 2026 ($16,109.6 Mil).

Merchants Bancorp's annual net loan increased from Dec. 2023 ($13,272.6 Mil) to Dec. 2024 ($14,824.4 Mil) and increased from Dec. 2024 ($14,824.4 Mil) to Dec. 2025 ($16,109.6 Mil).

Merchants Bancorp Net Loan Historical Data

* Premium members only.

The historical data trend for Merchants Bancorp's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Merchants Bancorp Net Loan Chart

Merchants Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Loan
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,054.52 10,337.43 13,272.56 14,125.51 14,824.39

Merchants Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Loan Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,327.18 14,537.88 14,644.55 14,824.39 16,109.57
MBIN
79GF Score
Merchants Bancorp MBIN
Net Loan is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merchants Bancorp Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Frequently Asked Questions Learn more about Net Loan →
What does a Net Loan of $16,109.6 Mil mean?
Merchants Bancorp (MBIN) has a Net Loan of $16,109.6 Mil as of Mar. 2026. The total net loans as recorded on a bank's balance sheet. View historical data on Merchants Bancorp and its competitors.
Is Merchants Bancorp's Net Loan too high?
Merchants Bancorp's current Net Loan is $16,109.6 Mil. Overall, Merchants Bancorp has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merchants Bancorp's Net Loan compare to BANR and BLX?
Merchants Bancorp's Net Loan of $16,109.6 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Loan for a Banks company?
A good Net Loan depends on the Banks industry context. However, Net Loan should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Loan mean?
A high Net Loan can signal that a stock is expensive relative to its fundamentals. The total net loans as recorded on a bank's balance sheet. View historical data on Merchants Bancorp and its competitors. Merchants Bancorp's current Net Loan is $16,109.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merchants Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Merchants Bancorp (MBIN) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.67, compared to a current price of $48.66 — trading 14% above its estimated fair value. The current Net Loan is $16,109.6 Mil. Merchants Bancorp's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Loan calculated?
Net Loan is calculated from a company's financial statements. For Merchants Bancorp (MBIN), the current Net Loan is $16,109.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merchants Bancorp (MBIN) Overvalued in 2026?

Based on GuruFocus' analysis, Merchants Bancorp stock appears to be overvalued. The current stock price of $48.66 is trading 14% above its estimated GF Value™ of $42.67. GuruFocus considers Merchants Bancorp to be Modestly Overvalued.

Key valuation signals for MBIN:

  • Net Loan: $16,109.6 Mil
  • GF Value™: $42.67 vs. price of $48.66 (14% above fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the MBIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Merchants Bancorp Business Description

Other Exchanges MBINN.PFD:USA3KD:Germany
Address 410 Monon Boulevard, Carmel, IN, USA, 46032
Merchants Bancorp is a United States-based bank holding company operating multiple lines of business focused on FHA multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, and traditional community banking. Its segments include Multi-family Mortgage Banking, which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing, which offers mortgage warehouse financing, commercial loans and deposit services; and the Banking segment, which generates maximum revenue and provides portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending and community banking.
79GF Score

Get the complete analysis for MBIN

Net Loan is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.66
Price
$42.67
GF Value