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MarketBeat
MarketBeat
Business
Peter Frank

Merchants Bancorp’s Rally Is Testing How Much Risk Investors Will Overlook

Few regional banks had a year as dramatic as Merchants Bancorp (NASDAQ: MBIN) and still managed to keep a Buy rating from analysts. The parent of Merchants Bank of Indiana has swung from a credit scare in mid-2025 to a shareholder investigation in the spring of 2026. Even so, the stock has kept climbing.

Investors interested in a growth bank stock that’s not a typical bank stock might find Merchants to be what they’re looking for.

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