Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
51.76
-0.38 (-0.73%)
Nov 6, 2026, 4:00 PM EST - Market closed
Merchants Bancorp Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Net Income | 218.77 | 320.39 | 279.23 | 219.72 | 227.1 |
Depreciation & Amortization | 15.69 | 12.92 | 10.47 | 13.47 | 18.88 |
Gain (Loss) on Sale of Investments | - | 0.11 | - | - | -0.19 |
Provision for Credit Losses | 117.75 | 24.28 | 40.23 | 17.3 | 5.01 |
Net Decrease (Increase) in Loans Originated / Sold - Operating | -239.77 | -698.24 | -576.8 | 430.11 | 49.56 |
Change in Other Net Operating Assets | -220.55 | -351.37 | -0.07 | 398.56 | -233.3 |
Other Operating Activities | -147.78 | -81.08 | -61.29 | -39.23 | -5.1 |
Operating Cash Flow | -341.25 | -835.28 | -356.4 | 975.77 | -49.22 |
Operating Cash Flow Growth | - | - | - | - | - |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Capital Expenditures | -20.94 | -18.39 | -7.53 | -6.76 | -3.65 |
Investment in Securities | 218.86 | 145.75 | -904.54 | -1,157 | -55.11 |
Divestitures | - | -170.59 | - | - | -0.46 |
Purchase / Sale of Intangibles | -14.48 | - | - | -2.06 | 0.44 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -378.42 | -702.06 | -2,341 | -1,692 | -456.95 |
Other Investing Activities | -0.68 | -128.99 | -7.51 | -5.15 | 41.47 |
Investing Cash Flow | -195.67 | -874.28 | -3,260 | -2,863 | -474.26 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Long-Term Debt Issued | 323,575 | 166,324 | 95,789 | 65,782 | 31,473 |
Total Debt Issued | 323,575 | 166,324 | 95,789 | 65,782 | 31,473 |
Long-Term Debt Repaid | -324,121 | -162,903 | -95,756 | -65,885 | -31,788 |
Total Debt Repaid | -324,121 | -162,903 | -95,756 | -65,885 | -31,788 |
Net Debt Issued (Repaid) | -546.72 | 3,421 | 33.13 | -103.56 | -314.3 |
Issuance of Common Stock | - | 97.66 | - | - | - |
Repurchase of Common Stock | - | - | - | -3.94 | - |
Preferred Stock Issued | - | 222.75 | - | 137.46 | 191.08 |
Preferred Share Repurchases | - | -125 | - | - | -41.63 |
Common Dividends Paid | -18.36 | -16.26 | -13.84 | -12.08 | -10.36 |
Preferred Dividends Paid | -41.06 | -34.91 | -34.67 | -25.98 | -20.87 |
Total Dividends Paid | -59.42 | -51.17 | -48.51 | -38.07 | -31.24 |
Net Increase (Decrease) in Deposit Accounts | 878.65 | -1,912 | 3,990 | 1,089 | 1,572 |
Other Financing Activities | - | -52.04 | - | - | - |
Financing Cash Flow | 272.51 | 1,602 | 3,975 | 1,081 | 1,376 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Net Cash Flow | -264.41 | -107.81 | 358.26 | -806.45 | 852.89 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Free Cash Flow | -362.19 | -853.67 | -363.93 | 969.01 | -52.86 |
Free Cash Flow Growth | - | - | - | - | - |
Free Cash Flow Margin | -64.25% | -132.05% | -69.65% | 226.83% | -12.28% |
Free Cash Flow Per Share | -7.88 | -18.97 | -8.40 | 22.37 | -1.22 |