Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
55.18
-0.33 (-0.59%)
Jul 31, 2026, 4:00 PM EDT - Market closed
Merchants Bancorp Income Statement
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 |
Net Interest Income | 531.33 | 517.06 | 522.62 | 448.07 | 318.55 | 277.99 |
Net Interest Income Growth | 2.50% | -1.06% | 16.64% | 40.66% | 14.59% | 24.02% |
Non-Interest Income | 182.49 | 164.39 | 148.11 | 114.67 | 125.94 | 157.33 |
Non-Interest Income Growth | 21.61% | 10.99% | 29.17% | -8.95% | -19.96% | 23.43% |
Revenues Before Loan Losses | 713.82 | 681.45 | 670.73 | 562.74 | 444.49 | 435.33 |
Provision for Credit Losses | 81.48 | 117.75 | 24.28 | 40.23 | 17.3 | 5.01 |
| 632.34 | 563.69 | 646.45 | 522.51 | 427.19 | 430.32 | |
Revenue Growth | 5.73% | -12.80% | 23.72% | 22.31% | -0.73% | 26.65% |
Compensation Expenses | 164.44 | 166.51 | 130.72 | 108.18 | 89.09 | 85.73 |
Selling, General & Admin | 36.07 | 33.58 | 33.04 | 28.44 | 22.52 | 16.99 |
Other Non-Interest Expenses | 109.27 | 99.8 | 60.05 | 37.98 | 24.45 | 22.67 |
Total Non-Interest Expense | 309.78 | 299.89 | 223.81 | 174.6 | 136.05 | 125.39 |
Pretax Income | 322.56 | 263.8 | 422.64 | 347.91 | 291.14 | 304.93 |
Provision for Income Taxes | 53.97 | 45.03 | 102.26 | 68.67 | 71.42 | 77.83 |
Net Income | 268.59 | 218.77 | 320.39 | 279.23 | 219.72 | 227.1 |
Net Income Attributable to Preferred Dividends | 41.06 | 45.22 | 36.73 | 34.67 | 25.98 | 20.87 |
Net Income to Common | 228.74 | 173.55 | 283.65 | 244.56 | 193.74 | 206.23 |
Net Income Growth | 9.56% | -38.82% | 15.98% | 26.23% | -6.06% | 24.19% |
Shares Outstanding (Basic) | 46 | 46 | 45 | 43 | 43 | 43 |
Shares Outstanding (Diluted) | 46 | 46 | 45 | 43 | 43 | 43 |
Shares Change | 0.14% | 2.08% | 3.83% | 0.07% | -0.02% | 0.37% |
EPS (Basic) | 4.98 | 3.78 | 6.32 | 5.66 | 4.49 | 4.78 |
EPS (Diluted) | 4.98 | 3.78 | 6.30 | 5.64 | 4.47 | 4.76 |
EPS Growth | 9.45% | -40.00% | 11.70% | 26.17% | -6.09% | 23.64% |
Free Cash Flow | - | -362.19 | -853.67 | -363.93 | 969.01 | -52.86 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | - | -7.88 | -18.97 | -8.40 | 22.37 | -1.22 |
Dividends Per Share | 0.200 | 0.400 | 0.360 | 0.320 | 0.280 | 0.240 |
Dividend Growth | -47.37% | 11.11% | 12.50% | 14.29% | 16.67% | 14.29% |
Profit Margin | 42.47% | 38.81% | 49.56% | 53.44% | 51.43% | 52.78% |
FCF Margin | - | -64.25% | -132.05% | -69.65% | 226.83% | -12.28% |
Effective Tax Rate | 16.73% | 17.07% | 24.19% | 19.74% | 24.53% | 25.52% |