Merchants Bancorp (MBIN) Shares Outstanding (Diluted) (2016 - 2026)
Merchants Bancorp (MBIN) posted Shares Outstanding (Diluted) of 46.01 million for Q2 2026, up 0.2% from 45.93 million a year earlier and unchanged from the prior quarter.
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Analysis
Merchants Bancorp (MBIN) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025, Merchants Bancorp's Shares Outstanding (Diluted) came in at 45.94 million, up 2.1% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for three consecutive years, with a five-year compound annual growth rate of 1.3% (FY2020 to FY2025).
- In prior years, Merchants Bancorp's Shares Outstanding (Diluted) was 45 million in FY2024 (+3.8%), 43.35 million in FY2023 (+0.1%), 43.32 million in FY2022 (unchanged) and 43.33 million in FY2021 (+0.4%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) in data going back to Q1 2016.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last 12 quarters, with growth averaging 2.6% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2024, with growth of 5.9%; the weakest was Q1 2023, with a decline of 0.2%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 46 million (Q1 2026), 45.94 million (Q4 2025) and 45.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.29 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | 3.51 Bn |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.57 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 304.90 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 3.07 Bn |
| 10 | Merchants Bancorp | 2.25 Bn | -1.25 Bn | - | 46.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.01 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 45.94 Mn |
| Sep 30, 2025 | 45.95 Mn |
| Jun 30, 2025 | 45.93 Mn |
| Mar 31, 2025 | 45.91 Mn |
| Dec 31, 2024 | 45.00 Mn |
| Sep 30, 2024 | 45.91 Mn |
| Jun 30, 2024 | 44.70 Mn |
| Mar 31, 2024 | 43.47 Mn |
| Dec 31, 2023 | 43.35 Mn |
| Sep 30, 2023 | 43.35 Mn |
| Jun 30, 2023 | 43.31 Mn |
| Mar 31, 2023 | 43.29 Mn |
| Dec 31, 2022 | 43.32 Mn |
| Sep 30, 2022 | 43.26 Mn |
| Jun 30, 2022 | 43.34 Mn |
| Mar 31, 2022 | 43.36 Mn |
| Dec 31, 2021 | 43.33 Mn |
| Sep 30, 2021 | 43.31 Mn |
API Access
Merchants Bancorp Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "MBIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();