BAC vs MBINM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MBINM (Merchants Bancorp) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MBINM offers the higher yield at 8.28%, BAC has the higher dividend-safety score, and MBINM looks like the better value (its fair-value estimate is 62% above its share price).
Key facts: BAC vs MBINM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Merchants Bancorp (MBINM) has the higher forward dividend yield at 8.28%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and MBINM's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and MBINM for 0.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and MBINM's fair-value estimate is 62% above its share price, so MBINM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs MBINM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-mbinm
| Metric | BAC | MBINM |
|---|---|---|
| Forward yield | 2.50% | 8.28% |
| Annual dividend | $1.28 | $2.06 |
| Payout ratio | 26% | — |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 15% | — |
| Dividend safety score | 87 (A) | 68 (B) |
| Fair value estimate | $63.43 | $40.41 |
| Upside to fair value | +24% | +62% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | — |
| P/E ratio | 12.2 | — |
Higher yield
MBINM
8.28%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
MBINM
+62% upside
BAC vs MBINM — FAQ
Is BAC or MBINM a better dividend stock?
On the data, MBINM wins more head-to-head categories (3 vs 2). MBINM offers the higher yield (8.28%), while BAC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BAC or MBINM?
MBINM has the higher forward dividend yield at 8.28%, versus 2.50% for BAC.
Is BAC or MBINM safer?
BAC has the higher dividend-safety score (87/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or MBINM better value right now?
As of Oct 18, 2026, MBINM looks like the better value: its fair-value estimate is 62% 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.