MBINMerchants BancorpFinancial Services · Banks - Regionalas of 2026-09-16
Horizon

Issued 2026-09-16 at $52.63 · now $52.63 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, MBIN has typically landed between $45.25 and $62.94 — a range of −14.0% to +19.6% from the issuance price $52.63.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

2,211 overlapping 1 month windows · 2017-10-272026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($52.63) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where MBIN has typically landed a month from the 2026-09-16 close of $52.63 — the range is history, not a prediction.

$45.25worst · -14.0%$62.94best · +19.6%
  • now $52.63 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $52.58 (-0.1%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $48.7$56.46
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $45.25$62.94
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 2,211 windows spanning 2017-10-27 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-21−36.2%−36.2%+0.0%
2020-02-18−34.3%−34.3%+2.5%
2020-02-24−33.6%−35.5%+0.0%
3 best
2026-01-13+36.6%−0.8%+36.6%
2020-05-06+35.2%−0.3%+35.2%
2026-01-14+35.2%−2.5%+35.2%

2,211 overlapping windows · 2017-10-272026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~9 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
67%
+6.6%
n=9
Feb
56%
+1.6%
n=9
Mar
56%
−0.9%
n=9
Apr
33%
−3.5%
n=9
May
67%
+2.7%
n=9
Jun
67%
+2.1%
n=9
Jul
56%
+3.8%
n=9
Aug
67%
+0.9%
n=9
Sep
22%
−1.7%
n=9
Oct
50%
+0.4%
n=8
Nov
100%
+9.2%
n=9
Dec
67%
+2.7%
n=9

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$56$302026-07-30: 2 insider sales, $994K — Petrie Michael F., Kaercher Julia L.2026-05-06: 1 insider sale, $391K — Petrie Michael F.2026-05-05: 2 insider sales, $1.4M — Petrie Michael F. …2026-02-26: 2 insider sales, $942K — Petrie Michael F. …2026-02-25: 1 insider sale, $8K — Petrie Michael F.2026-02-18: 1 insider sale, $30K — Petrie Michael F.2026-02-17: 1 insider sale, $2K — Petrie Michael F.2026-02-10: 2 insider sales, $343K — Schroeter Martin A, Petrie Michael F.2026-02-09: 1 insider sale, $295K — Petrie Michael F.2026-02-06: 1 insider sale, $144K — Petrie Michael F.2026-02-05: 1 insider sale, $41K — Petrie Michael F.2026-02-04: 1 insider sale, $140K — Petrie Michael F.2026-02-03: 1 insider sale, $28K — Petrie Michael F.2026-02-02: 1 insider sale, $49K — Petrie Michael F.2025-12-12: 1 insider sale, $26K — Petrie Michael F.2025-12-11: 1 insider sale, $101K — Petrie Michael F.2025-12-10: 1 insider sale, $143K — Petrie Michael F.2025-12-08: 1 insider sale, $21K — Petrie Michael F.2025-12-05: 1 insider sale, $60K — Petrie Michael F.2025-12-04: 1 insider sale, $60K — Petrie Michael F.2025-12-02: 1 insider sale, $10K — Petrie Michael F.2025-12-01: 1 insider sale, $42K — Petrie Michael F.2025-11-26: 1 insider sale, $2K — Petrie Michael F.2025-11-25: 1 insider sale, $40K — Petrie Michael F.2025-11-24: 1 insider sale, $37K — Petrie Michael F.2025-11-21: 1 insider sale, $222K — Petrie Michael F.2025-11-18: 1 insider sale, $21K — Petrie Michael F.2025-11-14: 1 insider sale, $2K — Petrie Michael F.2025-11-13: 1 insider sale, $20K — Petrie Michael F.2025-11-10: 1 insider sale, $2K — Petrie Michael F.2025-10-30: 1 insider purchase, $490K — Dury Michael R.2025-09-15: 1 insider purchase, $75K — Sievers Sean A.2025-08-22: 2 insider purchases, $100K — Thomas Darin L. …2025-08: 3 open-market purchases, $174K2025-09: 1 open-market purchase, $75K2025-10: 1 open-market purchase, $490K2025-11: 8 open-market sales, $346K2025-12: 8 open-market sales, $464K2026-02: 13 open-market sales, $2.0M2026-05: 3 open-market sales, $1.8M2026-07: 2 open-market sales, $994K↑ buys↓ salesdirector Petrie Michael F. — Sale on 2026-07-30, filed 1 day after the tradedirector Kaercher Julia L. — Sale on 2026-07-30, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-05-06, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-05-05, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-05-05, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-02-26, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-02-26, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-02-25, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-02-18, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-02-17, filed 2 days after the tradeofficer Schroeter Martin A — Sale on 2026-02-10, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-02-10, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-02-09, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-02-06, filed 4 days after the tradedirector Petrie Michael F. — Sale on 2026-02-05, filed same daydirector Petrie Michael F. — Sale on 2026-02-04, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2026-02-03, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2026-02-02, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2025-12-12, filed same daydirector Petrie Michael F. — Sale on 2025-12-11, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2025-12-10, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2025-12-08, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2025-12-05, filed same daydirector Petrie Michael F. — Sale on 2025-12-04, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2025-12-02, filed 1 day after the tradedirector Petrie Michael F. — Sale on 2025-12-01, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2025-11-26, filed 2 days after the tradedirector Petrie Michael F. — Sale on 2025-11-25, filed 3 days after the tradedirector Petrie Michael F. — Sale on 2025-11-24, filed same daydirector Petrie Michael F. — Sale on 2025-11-21, filed 3 days after the tradedirector Petrie Michael F. — Sale on 2025-11-18, filed same daydirector Petrie Michael F. — Sale on 2025-11-14, filed 4 days after the tradedirector Petrie Michael F. — Sale on 2025-11-13, filed same daydirector Petrie Michael F. — Sale on 2025-11-10, filed 3 days after the tradeofficer Dury Michael R. — Purchase on 2025-10-30, filed 4 days after the tradeofficer Sievers Sean A. — Purchase on 2025-09-15, filed 3 days after the tradeofficer Thomas Darin L. — Purchase on 2025-08-22, filed 3 days after the tradeofficer Thomas Darin L. — Purchase on 2025-08-22, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-07-30Petrie Michael F.directorSale9,000 @ $55.20$497K−1.2% of holding−7.5%not yet — horizon still open727,013Form 4 · filed 1 day after the trade
2026-07-30Kaercher Julia L.directorSale9,000 @ $55.20$497K−1.2% of holding−7.5%not yet — horizon still open727,103Form 4 · filed 1 day after the trade
2026-05-06Petrie Michael F.directorSale8,334 @ $46.86$391K−0.4% of holding+1.3%not yet — horizon still open1,864,994Form 4 · filed 1 day after the trade
2026-05-05Petrie Michael F.directorSale20,000 @ $46.75$935K−1.1% of holding−1.7%not yet — horizon still open1,873,328Form 4 · filed 2 days after the trade
2026-05-05Petrie Michael F.directorSale10,696 @ $46.75$500K−1.4% of holding−1.7%not yet — horizon still open736,013Form 4 · filed 2 days after the trade
2026-02-26Petrie Michael F.directorSale15,000 @ $44.05$661K−0.8% of holding+4.2%+9.3%1,893,328Form 4 · filed 1 day after the trade
2026-02-26Petrie Michael F.directorSale13,871 @ $20.25$281K−82.4% of holding+4.2%+9.3%2,958Form 4 · filed 1 day after the trade
2026-02-25Petrie Michael F.directorSale377 @ $20.20$8K−2.2% of holding+6.7%+13.1%16,829Form 4 · filed 2 days after the trade
2026-02-18Petrie Michael F.directorSale1,502 @ $20.20$30K−8.0% of holding−6.0%+3.1%17,206Form 4 · filed 1 day after the trade
2026-02-17Petrie Michael F.directorSale100 @ $20.20$2K−0.5% of holding−9.0%+2.7%18,708Form 4 · filed 2 days after the trade
2026-02-10Schroeter Martin AofficerSale5,500 @ $46.06$253K−33.6% of holding−5.0%+6.8%10,881Form 4 · filed 2 days after the trade
2026-02-10Petrie Michael F.directorSale4,455 @ $20.20$90K−19.2% of holding−5.0%+6.8%18,808Form 4 · filed 2 days after the trade
2026-02-09Petrie Michael F.directorSale14,610 @ $20.20$295K−38.6% of holding−4.2%+9.8%23,263Form 4 · filed 1 day after the trade
2026-02-06Petrie Michael F.directorSale7,149 @ $20.20$144K−15.9% of holding+0.6%+15.2%37,873Form 4 · filed 4 days after the trade
2026-02-05Petrie Michael F.directorSale2,034 @ $20.20$41K−4.3% of holding−0.7%+14.5%45,022Form 4 · filed same day
2026-02-04Petrie Michael F.directorSale6,929 @ $20.20$140K−12.8% of holding−0.9%+14.4%47,056Form 4 · filed 1 day after the trade
2026-02-03Petrie Michael F.directorSale1,383 @ $20.20$28K−2.5% of holding+0.5%+20.5%53,985Form 4 · filed 2 days after the trade
2026-02-02Petrie Michael F.directorSale2,404 @ $20.20$49K−4.2% of holding+1.1%+19.5%55,368Form 4 · filed 1 day after the trade
2025-12-12Petrie Michael F.directorSale1,380 @ $19.00$26K−2.3% of holding−4.1%+27.5%57,772Form 4 · filed same day
2025-12-11Petrie Michael F.directorSale5,336 @ $19.00$101K−8.3% of holding−4.5%+27.6%59,152Form 4 · filed 1 day after the trade
2025-12-10Petrie Michael F.directorSale7,541 @ $19.00$143K−10.5% of holding−3.3%+33.0%64,488Form 4 · filed 2 days after the trade
2025-12-08Petrie Michael F.directorSale1,129 @ $19.03$21K−1.5% of holding+3.9%+39.0%72,029Form 4 · filed 1 day after the trade
2025-12-05Petrie Michael F.directorSale3,159 @ $19.14$60K−4.1% of holding+0.6%+34.9%73,158Form 4 · filed same day
2025-12-04Petrie Michael F.directorSale3,109 @ $19.14$60K−3.9% of holding+0.7%+31.2%76,317Form 4 · filed 1 day after the trade
2025-12-02Petrie Michael F.directorSale500 @ $19.50$10K−0.6% of holding+0.3%+33.6%79,426Form 4 · filed 1 day after the trade
2025-12-01Petrie Michael F.directorSale2,159 @ $19.54$42K−2.6% of holding+2.8%+27.1%79,926Form 4 · filed 2 days after the trade
2025-11-26Petrie Michael F.directorSale81 @ $19.42$2K−0.1% of holding+0.6%+29.6%82,085Form 4 · filed 2 days after the trade
2025-11-25Petrie Michael F.directorSale2,096 @ $19.30$40K−2.5% of holding+0.9%+32.3%82,166Form 4 · filed 3 days after the trade
2025-11-24Petrie Michael F.directorSale1,902 @ $19.35$37K−2.2% of holding+4.8%+38.5%84,262Form 4 · filed same day
2025-11-21Petrie Michael F.directorSale11,566 @ $19.20$222K−11.8% of holding+2.6%+34.9%86,164Form 4 · filed 3 days after the trade
2025-11-18Petrie Michael F.directorSale1,069 @ $19.80$21K−1.1% of holding+14.7%+36.9%97,730Form 4 · filed same day
2025-11-14Petrie Michael F.directorSale101 @ $19.83$2K−0.1% of holding+14.4%+30.6%98,799Form 4 · filed 4 days after the trade
2025-11-13Petrie Michael F.directorSale1,000 @ $19.85$20K−1.0% of holding+13.5%+30.9%98,900Form 4 · filed same day
2025-11-10Petrie Michael F.directorSale100 @ $20.05$2K−0.1% of holding+11.3%+33.2%99,900Form 4 · filed 3 days after the trade
2025-10-30Dury Michael R.officerPurchase15,500 @ $31.64$490K+12.6% of holding+5.6%+41.4%138,074Form 4 · filed 4 days after the trade
2025-09-15Sievers Sean A.officerPurchase3,000 @ $24.87$75Kownership Δ n/a+0.6%+28.8%3,000Form 4 · filed 3 days after the trade
2025-08-22Thomas Darin L.officerPurchase2,250 @ $33.20$75Kownership Δ n/a−7.4%+21.5%2,250Form 4 · filed 3 days after the trade
2025-08-22Thomas Darin L.officerPurchase1,103 @ $22.60$25Kownership Δ n/a−7.4%+21.5%1,103Form 4 · filed 3 days after the trade
2025-08-01Sievers Sean A.officerPurchase2,500 @ $29.75$74K+43.8% of holding+7.9%+34.5%8,207Form 4 · filed 4 days after the trade
2025-07-30Dury Michael R.officerPurchase11,765 @ $31.45$370K+11.0% of holding+2.5%+21.0%118,339Form 4 · filed 1 day after the trade
2025-07-30Dury Michael R.officerPurchase4,235 @ $31.86$135K+3.6% of holding+2.5%+21.0%122,574Form 4 · filed 1 day after the trade
2025-05-01Dury Michael R.officerPurchase3,305 @ $30.86$102K+3.2% of holding−3.2%−20.0%106,574Form 4 · filed 1 day after the trade
2025-04-30Dury Michael R.officerPurchase3,280 @ $30.37$100K+3.3% of holding+0.2%−18.5%103,269Form 4 · filed 1 day after the trade
2025-04-30Dury Michael R.officerPurchase1,920 @ $29.89$57K+2.0% of holding+0.2%−18.5%99,989Form 4 · filed 1 day after the trade
2025-04-29Dunlap Michael J.directorPurchase3,429 @ $30.56$105K+1.8% of holding+0.3%−18.5%199,340Form 4 · filed 2 days after the trade
2025-04-29Dunlap Michael J.directorPurchase571 @ $30.80$18K+0.3% of holding+0.3%−18.5%199,911Form 4 · filed 2 days after the trade
2025-01-29Evans Scott A.directorSale25,000 @ $43.10$1.1M−47.5% of holding−2.6%−36.1%27,606Form 4 · filed same day

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

94 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-08-20Catchings TamikadirectorAward / grant3288,094Form 4
2026-08-20Shaffer Mark E.directorAward / grant328709Form 4
2026-08-20O'Brien Patrick D.directorAward / grant328120,049Form 4
2026-08-20Sellers Anne E.directorAward / grant32812,987Form 4
2026-08-20JUSTER ANDREWdirectorAward / grant32826,500Form 4
2026-08-20Dinwiddie ThomasdirectorAward / grant32823,094Form 4
2026-08-20Curless Michael SdirectorAward / grant328709Form 4
2026-08-05Dury Michael R.officerGift3,700120,702Form 4
2026-06-03Dury Michael R.officerGift10,700124,402Form 4
2026-05-21JUSTER ANDREWdirectorAward / grant38126,172Form 4
2026-05-21Dinwiddie ThomasdirectorAward / grant38122,766Form 4
2026-05-21Curless Michael SdirectorAward / grant381381Form 4
2026-05-21Catchings TamikadirectorAward / grant3817,766Form 4
2026-05-21Sellers Anne E.directorAward / grant38112,659Form 4
2026-05-21O'Brien Patrick D.directorAward / grant381119,721Form 4
2026-05-21Shaffer Mark E.directorAward / grant381381Form 4
2026-05-15Petrie Michael F.directorGift16,0001,848,994Form 4
2026-05-07Langford Kevin TofficerGift65036,433Form 4
2026-02-19Sellers Anne E.directorAward / grant37712,278Form 4
2026-02-19Dinwiddie ThomasdirectorAward / grant37722,385Form 4
2026-02-19JUSTER ANDREWdirectorAward / grant37725,791Form 4
2026-02-19Shane David N.directorAward / grant37723,527Form 4
2026-02-19Gilroy Sue AnnedirectorAward / grant37713,684Form 4
2026-02-19O'Brien Patrick D.directorAward / grant377119,340Form 4
2026-02-19Catchings TamikadirectorAward / grant3777,385Form 4
2026-02-01Petrie Michael F.directorWithheld for tax9,6851,930,308Form 4
2026-02-01Dunlap Michael J.directorWithheld for tax7,766212,196Form 4
2026-02-01Dury Michael R.officerWithheld for tax2,972135,102Form 4
2026-02-01Oznick Terry AofficerWithheld for tax2,68531,374Form 4
2026-02-01Langford Kevin TofficerWithheld for tax2,48337,083Form 4
2026-02-01Koors Jerry F.officerWithheld for tax2,14045,106Form 4
2026-02-01Evans Scott A.directorWithheld for tax1,81727,556Form 4
2026-02-01Schroeter Martin AofficerWithheld for tax66316,381Form 4
2026-02-01Sievers Sean A.officerWithheld for tax24614,388Form 4
2026-01-27Dunlap Michael J.directorAward / grant20,051219,962Form 4
2026-01-27Langford Kevin TofficerAward / grant4,62839,566Form 4
2026-01-27Petrie Michael F.directorAward / grant20,5651,939,993Form 4
2026-01-27Koors Jerry F.officerAward / grant5,55347,246Form 4
2026-01-27Sievers Sean A.officerAward / grant6,42714,634Form 4
2026-01-27Oznick Terry AofficerAward / grant4,21634,059Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.