Top Executive Sells Thousands of Merchants Bancorp Shares!

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2025.12.06 02:08
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Merchants Bancorp's Chairman and CEO, Michael F. Petrie, sold 6,268 shares for $119,969 on December 5, 2025. Analysts rate MBIN stock as Hold with a $34.00 price target, citing strong profitability and attractive valuation but mixed financial performance. The company announced a quarterly cash dividend, reflecting its commitment to shareholder value. Spark's AI Analyst rates MBIN as Neutral due to challenges in revenue growth and cash flow generation.