 |
Video: What is a Stock Split?
|
 |
Merchants Bancorp is a diversified bank holding company operating through subsidiaries like Merchants Bank of Indiana and Merchants Capital Corp. It has three segments: Multi-family Mortgage Banking, offering financing and servicing for multi-family housing and healthcare facilities, and syndicating low-income housing tax credit and debt funds; Mortgage Warehousing, providing mortgage warehouse financing, commercial loans, and deposit services; and Banking, offering portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending, and traditional community banking. According to our MBIN split history records, Merchants Bancorp (Indiana) has had 1 split. | |
 |

Merchants Bancorp (Indiana) (MBIN) has 1 split in our MBIN split history database. The split for MBIN took place on January 18, 2022. This was a 3 for 2 split, meaning for each 2 shares of MBIN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Merchants Bancorp (Indiana) splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the MBIN split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Merchants Bancorp (Indiana) shares, starting with a $10,000 purchase of MBIN, presented on a split-history-adjusted basis factoring in the complete MBIN split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/30/2017 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$11.40 |
|
End price/share: |
$42.19 |
|
Starting shares: |
877.19 |
|
Ending shares: |
954.83 |
|
Dividends reinvested/share: |
$1.79 |
|
Total return: |
302.84% |
|
Average Annual Total Return: |
21.07% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$40,284.97 |
|
Years: |
7.29 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/30/2017 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$11.40 |
|
End price/share: |
$42.19 |
|
Dividends collected/share: |
$1.79 |
|
Total return: |
285.82% |
|
Average Annual Total Return: |
20.35% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$38,571.34 |
|
Years: |
7.29 |
|
|
 |
Date |
Ratio |
01/18/2022 | 3 for 2 |
|
 |