Merchants Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	314.7	212.2	476.61	584.42	226.16	1,033
Securities and Investments	2,403	2,636	2,863	2,366	1,482	340.22
Short-Term Interbank Lending and Reverse Repurchase Agreements	1.5	1.52	1.56	3.35	3.46	5.89
Other Earning Assets	5,023	4,493	4,200	3,255	3,065	3,872
Net Loans	12,263	10,951	10,354	10,128	7,427	5,751
Net Property, Plant & Equipment	74.66	73.93	58.62	42.34	35.44	31.21
Accrued Interest and Accounts Receivable	82.08	81.81	83.41	91.35	56.26	24.1
Other Intangible Assets	236.95	217.3	189.94	158.46	147.43	112.06
Goodwill	8.01	8.01	8.01	15.85	15.85	15.85
Other Non-Earning Assets	823.38	773.38	571.33	307.12	157.45	92.95
Total Assets	21,230	19,449	18,806	16,953	12,615	11,279
Interest-bearing deposits	13,648	12,437	11,681	13,541	9,744	8,341
Noninterest-bearing deposits	606.68	604.08	239.01	520.07	326.88	641.44
Total Deposits	14,254	13,041	11,920	14,061	10,071	8,983
Short-Term Interbank Borrowing and Repurchase Agreements	4,283	3,843	4,386	964.13	930.39	1,034
Other Liabilities	299.27	284.4	256.32	225.85	153.75	106.66
Total Liabilities	18,836	17,168	16,562	15,251	11,155	10,123
Preferred Stock	551.29	551.29	672.14	499.61	499.61	362.15
Common Stock	244.35	243.31	240.31	140.37	137.78	137.57
Accumulated Other Comprehensive Income	-1.2	-0.03	-0.13	-2.49	-10.52	-1.45
Retained Earnings	1,599	1,486	1,331	1,064	832.87	657.15
Shareholders' Equity	2,394	2,281	2,243	1,701	1,460	1,155
Total Liabilities & Equity	21,230	19,449	18,806	16,953	12,615	11,279
Book Value	2,394	2,281	2,243	1,701	1,460	1,155
Book Value Per Share	52.06	49.64	49.85	39.24	33.70	26.67
Tangible Book Value	2,149	2,055	2,045	1,527	1,296	1,028
Tangible Book Value Per Share	46.73	44.74	45.45	35.22	29.93	23.72

SEC Filings: 10-K · 10-Q