MBIN
Merchants Bancorp Financial Services - Banks - Regional Investor Relations →
Merchants Bancorp (MBIN) closed at $42.48 as of 2026-02-02, trading 30.7% above its 200-week moving average of $32.49. The stock moved further from the line this week, up from 27.9% last week. With a 14-week RSI of 78, MBIN is in overbought territory.
Over the past 384 weeks of data, MBIN has crossed below its 200-week moving average 10 times. On average, these episodes lasted 10 weeks. Historically, investors who bought MBIN at the start of these episodes saw an average one-year return of +23.1%.
With a market cap of $1950 million, MBIN is a small-cap stock. Return on equity stands at 9.7%. The stock trades at 1.1x book value.
Share count has increased 6.0% over three years, indicating dilution.
Over the past 7.4 years, a hypothetical investment of $100 in MBIN would have grown to $313, compared to $285 for the S&P 500. That represents an annualized return of 16.6% vs 15.2% for the index — confirming MBIN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 8 open-market purchases totaling $1,622,462. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: MBIN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MBIN Crosses Below the Line?
Across 10 historical episodes, buying MBIN when it crossed below its 200-week moving average produced an average return of +32.8% after 12 months (median -4.0%), compared to +23.8% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was +78.2% vs +40.2% for the index.
Each line shows $100 invested at the moment MBIN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MBIN has crossed below its 200-week MA 10 times with an average 1-year return of +23.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2018 | Nov 2018 | 3 | 4.2% | -26.8% | +215.8% |
| Dec 2018 | Apr 2019 | 18 | 15.6% | -12.1% | +231.2% |
| May 2019 | Feb 2020 | 39 | 29.4% | -30.7% | +215.3% |
| Feb 2020 | Aug 2020 | 26 | 33.1% | +92.0% | +278.5% |
| Sep 2020 | Sep 2020 | 1 | 1.5% | +93.0% | +246.6% |
| Apr 2025 | Apr 2025 | 1 | 0.2% | N/A | +36.6% |
| Apr 2025 | May 2025 | 4 | 0.7% | N/A | +36.9% |
| Jun 2025 | Jun 2025 | 2 | 1.6% | N/A | +37.1% |
| Jul 2025 | Aug 2025 | 3 | 8.8% | N/A | +46.4% |
| Oct 2025 | Nov 2025 | 7 | 3.7% | N/A | +36.4% |
| Average | 10 | — | +23.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02