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	Mar '26 Mar 31, 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	83.22	212.2	476.61	584.42	226.16	1,033
Securities and Investments	2,497	2,636	2,863	2,366	1,482	340.22
Short-Term Interbank Lending and Reverse Repurchase Agreements	1.51	1.52	1.56	3.35	3.46	5.89
Other Earning Assets	5,147	4,493	4,200	3,255	3,065	3,872
Net Loans	11,400	10,951	10,354	10,128	7,427	5,751
Net Property, Plant & Equipment	73.7	73.93	58.62	42.34	35.44	31.21
Accrued Interest and Accounts Receivable	77.33	81.81	83.41	91.35	56.26	24.1
Other Intangible Assets	229.58	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	804.41	773.38	571.33	307.12	157.45	92.95
Total Assets	20,322	19,449	18,806	16,953	12,615	11,279
Interest-bearing deposits	12,450	12,437	11,681	13,541	9,744	8,341
Noninterest-bearing deposits	501.86	604.08	239.01	520.07	326.88	641.44
Total Deposits	12,952	13,041	11,920	14,062	10,071	8,983
Short-Term Interbank Borrowing and Repurchase Agreements	4,773	3,843	4,386	964.13	930.39	1,034
Other Liabilities	266.24	284.4	256.32	225.85	153.75	106.66
Total Liabilities	17,992	17,168	16,562	15,251	11,156	10,123
Preferred Stock	328.54	551.29	672.14	499.61	499.61	362.15
Common Stock	243.43	243.31	240.31	140.37	137.78	137.57
Accumulated Other Comprehensive Income	-0.8	-0.03	-0.13	-2.49	-10.52	-1.45
Retained Earnings	1,536	1,486	1,331	1,064	832.87	657.15
Total Common Shareholders' Equity	2,108	2,281	2,243	1,701	1,460	1,155
Shareholders' Equity	2,330	2,281	2,243	1,701	1,460	1,155
Total Liabilities & Equity	20,322	19,449	18,806	16,953	12,615	11,279
Book Value	2,108	2,281	2,243	1,701	1,460	1,155
Book Value Per Share	45.85	49.64	49.85	39.24	33.70	26.67
Tangible Book Value	1,870	2,055	2,045	1,527	1,296	1,028
Tangible Book Value Per Share	40.68	44.74	45.45	35.22	29.93	23.72

SEC Filings: 10-K · 10-Q