Merchants Bancorp Shares Rise on Earnings Beat

Bank holding company reports strong Q4 results, announces $100M buyback program

Published on Jan. 29, 2026

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Merchants Bancorp (NASDAQ:MBIN), a regional financial institution headquartered in Buffalo, New York, saw its share price gap up before the market opened on Thursday after reporting stronger-than-expected fourth quarter earnings. The company posted EPS of $1.28, beating the consensus estimate of $0.94, on revenue of $193.49 million, exceeding the expected $170.80 million.

Why it matters

Merchants Bancorp's solid earnings and balance sheet performance, along with its newly announced $100 million share repurchase program, suggest the bank is well-positioned for continued growth and profitability. The results reinforce the company's constructive operating trajectory heading into 2026.

The details

Merchants Bancorp reported a net margin of 17.73% and a return on equity of 15.20% for the quarter. The company also declared a quarterly dividend of $0.10 per share. The board of directors authorized a $100 million stock buyback program, which can repurchase up to 6.2% of Merchants Bancorp's outstanding shares through the end of 2027.

  • Merchants Bancorp reported Q4 2025 earnings on January 29, 2026.
  • The company's board approved the $100 million share repurchase program on January 28, 2026.
  • Merchants Bancorp paid a quarterly dividend of $0.10 per share on January 2, 2026 to shareholders of record as of December 15, 2025.

The players

Merchants Bancorp

A regional financial institution headquartered in Buffalo, New York that operates as a full-service commercial bank, serving small and medium-sized businesses, professionals, families and individuals in its core markets.

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What’s next

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The takeaway

Merchants Bancorp's strong earnings and balance sheet performance, combined with its new share repurchase program, demonstrate the bank's financial strength and growth potential in the regional banking market. The results reinforce the company's constructive operating trajectory heading into 2026.