TickerFacts.

Merchants Bancorp (MBIN): Shares Outstanding

Annual figures by period end, from SEC filings.

Stock splits: 3-for-2, first reflected in a filing dated 2022-03-04. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

45.89M
As of 2025-12-31
+2.1%
3-year compound annual growth
+1.3%
5-year compound annual growth
2016-12-31: 21.11M2017-12-31: 28.69M2018-12-31: 28.69M2019-12-31: 28.71M2020-12-31: 43.12M2021-12-31: 43.18M2022-12-31: 43.11M2023-12-31: 43.24M2024-12-31: 45.77M2025-12-31: 45.89M45.89M
2016-12-31 Shares Outstanding (shares) 2025-12-31

Paler bars were last filed before a stock split, on the old share basis.

Period endedShares OutstandingChange YoYSource filing
2025-12-3145.89M+0.3%2026-02-27, Balance as of period end
2024-12-3145.77M+5.8%2026-02-27, Balance as of period end
2023-12-3143.24M+0.3%2025-02-28, Balance as of period end
2022-12-3143.11M-0.2%2024-03-12, Balance as of period end
2021-12-3143.18M+0.1%2023-03-16, Balance as of period end
2020-12-3143.12Mn/c2022-03-04, Balance as of period end
2019-12-3128.71M0.0%2021-03-05, Balance as of period end
2018-12-3128.69M0.0%2020-03-16, Balance as of period end
2017-12-3128.69M+35.9%2019-03-15, Balance as of period end
2016-12-3121.11Mn/a2018-03-28, Balance as of period end