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Merchants Financial Group(OTC) MFGI

Market Cap$347.02MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1990)+909%
5 Year+1%
1 Year+74%
1 Month+3%
$42.43
-0.38%
-0.16Today
Merchants Financial Group last closing stock price
MetricPriceDate
Last closeUSD 42.432026-08-21
Merchants Financial Group stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.38%USD 42.592026-08-14
1 month+3.2%USD 41.112026-07-22
3 month+12.97%USD 37.562026-05-20
Year to date+34.19%USD 31.622025-12-31
1 year+73.8%USD 24.412025-08-21
3 year+76.09%USD 24.102023-08-22
5 year+0.89%USD 42.052021-08-18
Since inception+908.73%USD 4.211990-10-08

Merchants Financial Group Financials at a Glance

Market Cap

$347.02MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$166.74M

Net Income (TTM)

$34.73M

EPS (TTM)

$4.40

P/E Ratio

9.63

Dividend

$0.85

Beta (Volatility)

0.65 (Low)

Price

$42.43

Volume

200

Open

$42.35

Previous Close

$42.43

Daily Range

$42.35 - $42.43

52-Week Range

$25.00 - $42.65

Estimated Earnings Date

N/A

MFGI News

No articles available.

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About Merchants Financial Group

Merchants Financial Group, Inc. (MFGI) serves as the parent company for Merchants Bank, National Association, providing a wide range of financial products and services to individuals, households, and businesses across the United States. Established in 1875 and headquartered in Winona, Minnesota, MFGI has built a strong reputation in the regional banking sector.

Products and Services
  • Diverse account options including checking, savings, and CDs
  • Comprehensive lending solutions for personal and commercial needs
  • Investment and trust services, along with treasury management
Growth Outlook
  • Revenue increased to $46.01 million in Q2 2026, up from $43.88 million in Q1 2026
  • Net income rose to $8.31 million in Q2 2026, reflecting strong operational performance
  • Consistent growth in assets, totaling $2.88 billion as of June 2026
Financial Highlights
  • Trailing twelve-month revenue of $174.5 million, showcasing robust financial health
  • Net profit margin of 20.83% indicates effective cost management
  • Dividend yield of 2% provides attractive returns for investors
Merchants Financial Group, Inc. has demonstrated a solid financial performance, with a notable increase in revenue and net income in the most recent quarter. The company's diverse product offerings cater to a wide range of customer needs, from personal banking to commercial financing. The growth in assets and consistent profitability underscores the institution's stability and potential for future expansion. With a strong market presence and a commitment to customer service, MFGI presents an appealing opportunity for investors looking to engage with a well-established regional bank.
AI Generated • Aug 20, 2026

Industry

Banks

Employees

400

CEO

Gregory M. Evans

Headquarters

Winona, MN 55987, US

MFGI Financials

Key Financial Metrics (TTM)

Gross Margin

78.69%

Operating Margin

26.77%

Net Income Margin

20.83%

Return on Equity

11.24%

Return on Capital

11.64%

Return on Assets

1.20%

Earnings Yield

10.38%

Dividend Yield

2.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$347.02MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

8.18M

Volume

200

Avg. Volume

3.24K

Financials (TTM)

Gross Profit

$131.21M

Operating Income

$44.63M

EBITDA

$45.46M

Operating Cash Flow

$0.00

Capital Expenditure

$0.00

Free Cash Flow

$0.00

Cash & ST Invst.

$167.53M

Total Debt

$44.99M

Merchants Financial Group Performance Analysis

Merchants Financial Group annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 122,258,000-3.4%
20232023-12-31USD 143,799,00017.6%
20242024-12-31USD 162,436,00013.0%
20252025-12-31USD 174,160,0007.2%
Merchants Financial Group sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-300.6%
Q42025-12-31-26.1%
Q12026-03-3134.3%
Q22026-06-304.9%
Merchants Financial Group annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 3.85217.1%
20232023-12-31USD 3.23-16.3%
20242024-12-31USD 2.34-27.5%
20252025-12-31USD 4.1075.2%
Merchants Financial Group sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3021.3%
Q42025-12-31-2.6%
Q12026-03-31-9.0%
Q22026-06-305.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$46.01M

+4.8%

Gross Profit

$34.63M

+16.5%

Gross Margin

75.26%

N/A

Market Cap

$347.02MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$771.16K

N/A

Employees

450

N/A

Net Income

$8.31M

+7.2%

EBITDA

$11.19M

+12.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$167.53M

+24.8%

Total Debt

$44.99M

+48.3%

Accounts Receivable

$0.00

N/A

Inventory

$0.00

N/A

Long Term Debt

$29.95M

-1.3%

Short Term Debt

$15.04M

N/A

Return on Assets

1.20%

N/A

Return on Invested Capital

1.56%

N/A

Free Cash Flow

$0.00

N/A

Operating Cash Flow

$0.00

N/A

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Questions About MFGI

What is the current price of Merchants Financial Group?

Merchants Financial Group is trading at $42.43 per share.

What is the 52-week range for Merchants Financial Group?

Over the past 52 weeks, Merchants Financial Group has traded between $25.00 and $42.65.

How much debt does Merchants Financial Group have?

As of the most recent reporting period, Merchants Financial Group reported total debt of $44.99M.

How much cash does Merchants Financial Group have on hand?

Merchants Financial Group does not have cash on hand data available.

What is Merchants Financial Group’s dividend yield?

Merchants Financial Group currently has a dividend yield of 2.00%.

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