Merchants Bancorp (MBIN) - Shares outstanding

Number of shares outstanding as of December 2025 : 45,887,143

According to Merchants Bancorp's latest financial reports and stock price the company's current number of shares outstanding is 45,887,143. At the end of 2025 the company had 45,887,143 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Merchants Bancorp from 2022 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	45.88 M	0.27%
2024	45.76 M	5.84%
2023	43.24 M	0.3%
2022	43.11 M

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Northeast Bank NBN	8,272,801	-81.97%	🇺🇸 USA
National Bank Holdings NBHC	37,911,643	-17.38%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Number of shares outstanding for Merchants Bancorp (MBIN)

Number of shares outstanding as of December 2025 : 45,887,143