BAC vs MBIN: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BAC and MBIN are closely matched. BAC offers the higher yield at 2.50%, BAC has the higher dividend-safety score, and MBIN looks like the better value (its fair-value estimate is 167% above its share price).
Key facts: BAC vs MBIN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.50%, versus 0.90% for Merchants Bancorp (MBIN).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and MBIN's A (81/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and MBIN for 8.
- As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and MBIN pays out 8%.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and MBIN's fair-value estimate is 167% above its share price, so MBIN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs MBIN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-mbin
| Metric | BAC | MBIN |
|---|---|---|
| Forward yield | 2.50% | 0.90% |
| Annual dividend | $1.28 | $0.44 |
| Payout ratio | 26% | 8% |
| Years of growth | 12 yr | 8 yr |
| 5-yr dividend growth | 8.4% | 13.4% |
| 5-yr total return | 15% | 60% |
| Dividend safety score | 87 (A) | 81 (A) |
| Fair value estimate | $63.43 | $130.10 |
| Upside to fair value | +24% | +167% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | $2.2B |
| P/E ratio | 12.2 | 9.8 |
Higher yield
BAC
2.50%
Safer dividend
BAC
Grade A
Faster growth
MBIN
13.4%
Better value
MBIN
+167% upside
BAC vs MBIN — FAQ
Is BAC or MBIN a better dividend stock?
BAC and MBIN are closely matched. BAC has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or MBIN?
BAC has the higher forward dividend yield at 2.50%, versus 0.90% for MBIN.
Is BAC or MBIN safer?
BAC has the higher dividend-safety score (87/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or MBIN better value right now?
As of Oct 18, 2026, MBIN looks like the better value: its fair-value estimate is 167% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.