MBIN
$48.42+1.70%
Merchants BancorpStock · FinancialsRussell 2000 · 0.04% of IWMNasdaq Composite · 0.008% of ONEQUS Stock Market · 0.001% of VTIRussell 3000 · 0.001% of IWV
Merchants Bancorp monthly returns
Merchants Bancorp has averaged 1.83% per month, positive in 58% of months. Month-by-month returns for Merchants Bancorp (MBIN) below, through October 20, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+1.8%
106 months
Best month
+26.8%
Dec 2023
Worst month
-24.7%
May 2019
Positive months
58%
of all months
Merchants Bancorp monthly returns#
| Month | Path | Total return |
|---|---|---|
| Oct 2026 | -1.1% | |
| Sep 2026 | -6.8% | |
| Aug 2026 | -4.6% | |
| Jul 2026 | +10.4% | |
| Jun 2026 | +6.3% | |
| May 2026 | +1.3% | |
| Apr 2026 | +8.5% | |
| Mar 2026 | +1.8% | |
| Feb 2026 | +2.0% | |
| Jan 2026 | +21.7% | |
| Dec 2025 | +4.5% | |
| Nov 2025 | +4.8% | |
| Oct 2025 | -1.9% | |
| Sep 2025 | -1.6% | |
| Aug 2025 | +10.6% | |
| Jul 2025 | -11.4% | |
| Jun 2025 | +3.6% | |
| May 2025 | +6.4% | |
| Apr 2025 | -18.7% | |
| Mar 2025 | -8.9% | |
| Feb 2025 | -2.9% | |
| Jan 2025 | +15.0% | |
| Dec 2024 | -11.4% | |
| Nov 2024 | +11.7% | |
| Oct 2024 | -17.8% | |
| Sep 2024 | -1.7% | |
| Aug 2024 | +1.9% | |
| Jul 2024 | +11.0% | |
| Jun 2024 | +1.4% | |
| May 2024 | -0.7% | |
| Apr 2024 | -6.6% | |
| Mar 2024 | +1.0% | |
| Feb 2024 | -2.0% | |
| Jan 2024 | +2.7% | |
| Dec 2023 | +26.8% | |
| Nov 2023 | +12.6% | |
| Oct 2023 | +7.8% | |
| Sep 2023 | -4.7% | |
| Aug 2023 | -7.7% | |
| Jul 2023 | +23.6% | |
| Jun 2023 | +12.2% | |
| May 2023 | -1.5% | |
| Apr 2023 | -10.9% | |
| Mar 2023 | -13.7% | |
| Feb 2023 | +5.1% | |
| Jan 2023 | +18.3% | |
| Dec 2022 | -4.7% | |
| Nov 2022 | +6.8% | |
| Oct 2022 | +3.8% | |
| Sep 2022 | -14.2% | |
| Aug 2022 | +1.9% | |
| Jul 2022 | +16.7% | |
| Jun 2022 | -10.8% | |
| May 2022 | +8.4% | |
| Apr 2022 | -14.1% | |
| Mar 2022 | -5.2% | |
| Feb 2022 | -0.7% | |
| Jan 2022 | -7.6% | |
| Dec 2021 | +4.0% | |
| Nov 2021 | +2.7% | |
| Oct 2021 | +12.6% | |
| Sep 2021 | +7.9% | |
| Aug 2021 | +0.1% | |
| Jul 2021 | -6.6% | |
| Jun 2021 | -8.4% | |
| May 2021 | +5.3% | |
| Apr 2021 | -2.7% | |
| Mar 2021 | +23.5% | |
| Feb 2021 | +14.1% | |
| Jan 2021 | +7.9% | |
| Dec 2020 | +4.0% | |
| Nov 2020 | +23.4% | |
| Oct 2020 | +9.5% | |
| Sep 2020 | -2.9% | |
| Aug 2020 | +10.6% | |
| Jul 2020 | -0.3% | |
| Jun 2020 | +8.8% | |
| May 2020 | +10.9% | |
| Apr 2020 | +1.4% | |
| Mar 2020 | -15.3% | |
| Feb 2020 | -8.4% | |
| Jan 2020 | -0.2% | |
| Dec 2019 | +10.0% | |
| Nov 2019 | +10.1% | |
| Oct 2019 | -1.3% | |
| Sep 2019 | +4.7% | |
| Aug 2019 | -11.3% | |
| Jul 2019 | +5.1% | |
| Jun 2019 | -6.0% | |
| May 2019 | -24.7% | |
| Apr 2019 | +12.5% | |
| Mar 2019 | +3.5% | |
| Feb 2019 | +6.5% | |
| Jan 2019 | -2.0% | |
| Dec 2018 | -16.2% | |
| Nov 2018 | +3.9% | |
| Oct 2018 | -9.5% | |
| Sep 2018 | -2.4% | |
| Aug 2018 | +6.5% | |
| Jul 2018 | -14.1% | |
| Jun 2018 | +12.1% | |
| May 2018 | +19.3% | |
| Apr 2018 | -0.6% | |
| Mar 2018 | +5.2% | |
| Feb 2018 | +1.0% | |
| Jan 2018 | +3.1% | |
| Dec 2017 | +7.6% | |
| Nov 2017 | +6.8% |
Monthly total return (since Nov 2021)#
-20%-10%0%10%20%
Nov 2021+2.7%
Dec 2021+4.0%
Jan 2022-7.6%2022
Feb 2022-0.69%
Mar 2022-5.2%
Apr 2022-14%
May 2022+8.4%
Jun 2022-11%
Jul 2022+17%
Aug 2022+1.9%
Sep 2022-14%
Oct 2022+3.8%
Nov 2022+6.8%
Dec 2022-4.7%
Jan 2023+18%2023
Feb 2023+5.1%
Mar 2023-14%
Apr 2023-11%
May 2023-1.5%
Jun 2023+12%
Jul 2023+24%
Aug 2023-7.7%
Sep 2023-4.7%
Oct 2023+7.8%
Nov 2023+13%
Dec 2023+27%
Jan 2024+2.7%2024
Feb 2024-2.0%
Mar 2024+0.96%
Apr 2024-6.6%
May 2024-0.69%
Jun 2024+1.4%
Jul 2024+11%
Aug 2024+1.9%
Sep 2024-1.7%
Oct 2024-18%
Nov 2024+12%
Dec 2024-11%
Jan 2025+15%2025
Feb 2025-2.9%
Mar 2025-8.9%
Apr 2025-19%
May 2025+6.4%
Jun 2025+3.6%
Jul 2025-11%
Aug 2025+11%
Sep 2025-1.6%
Oct 2025-1.9%
Nov 2025+4.8%
Dec 2025+4.5%
Jan 2026+22%2026
Feb 2026+2.0%
Mar 2026+1.8%
Apr 2026+8.5%
May 2026+1.3%
Jun 2026+6.3%
Jul 2026+10%
Aug 2026-4.6%
Sep 2026-6.8%
Oct 2026-1.1%
Merchants Bancorp returns by calendar month#
Every month of every year since 2018, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
October 2026 so far: -1.10% — 5th of 9 Octobers since 2018 at the last close; the average October returned +0.4%.
| Month | −30%0+30% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +6.6% | +3.1% | 67% | +21.7% 2026 | -7.6% 2022 | |
| Feb | +1.6% | +1.0% | 56% | +14.1% 2021 | -8.4% 2020 | |
| Mar | -0.9% | +1.0% | 56% | +23.5% 2021 | -15.3% 2020 | |
| Apr | -3.5% | -2.7% | 33% | +12.5% 2019 | -18.7% 2025 | |
| May | +2.7% | +5.3% | 67% | +19.3% 2018 | -24.7% 2019 | |
| Jun | +2.1% | +3.6% | 67% | +12.2% 2023 | -10.8% 2022 | |
| Jul | +3.8% | +5.1% | 56% | +23.6% 2023 | -14.1% 2018 | |
| Aug | +0.9% | +1.9% | 67% | +10.6% 2025 | -11.3% 2019 | |
| Sep | -2.4% | -2.4% | 22% | +7.9% 2021 | -14.2% 2022 | |
| Oct | +0.4% | +1.3% | 50% | +12.6% 2021 | -17.8% 2024 | |
| Nov | +9.5% | +8.5% | 100% | +23.4% 2020 | +2.7% 2021 | |
| Dec | +2.1% | +4.0% | 63% | +26.8% 2023 | -16.2% 2018 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from MBIN's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Merchants Bancorp's average monthly return?
- Merchants Bancorp (MBIN) has averaged about 1.83% per month, positive in roughly 58% of months. The best month was Dec 2023 (+26.8%) and the worst was May 2019 (-24.7%).
More on Merchants Bancorp
By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100