Merchants Bancorp
NASDAQ:MBIN

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Merchants Bancorp
NASDAQ:MBIN
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Price: 42.27 USD -2.15% Market Closed
Market Cap: $1.9B

Income Statement

Income Statement
Merchants Bancorp

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Income Statement
Currency: USD
Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Net Interest Income
54
56
59
63
67
73
80
85
90
94
100
109
122
137
160
193
224
258
271
274
278
272
279
296
319
354
387
419
448
474
497
512
523
518
518
514
517
Interest Income
73
76
82
88
94
104
116
128
141
151
166
188
212
233
252
269
283
302
306
307
312
308
325
382
481
616
785
947
1 078
1 181
1 251
1 293
1 303
1 276
1 252
1 215
1 201
Interest Expense
19
20
23
25
28
31
36
43
51
57
66
79
90
96
92
76
59
44
35
33
34
37
46
86
162
263
398
528
630
706
754
781
780
758
734
701
684
Non Interest Income
29
33
43
40
48
51
46
50
50
42
40
39
47
63
80
107
127
152
158
160
157
148
154
143
126
106
96
103
115
141
143
123
148
131
150
176
164
Revenue
82
N/A
90
+9%
103
+15%
103
0%
114
+11%
124
+9%
126
+1%
135
+7%
140
+4%
136
-3%
140
+3%
148
+6%
169
+14%
200
+18%
239
+20%
300
+25%
352
+17%
409
+16%
429
+5%
434
+1%
435
+0%
420
-4%
434
+3%
439
+1%
444
+1%
459
+3%
483
+5%
522
+8%
563
+8%
616
+9%
640
+4%
636
-1%
671
+6%
649
-3%
668
+3%
690
+3%
681
-1%
Pre-Tax Income
Loan Loss Provision
(1)
(1)
(1)
(1)
(2)
(4)
(4)
(4)
(5)
(4)
(3)
(4)
(4)
(6)
(8)
(10)
(12)
(11)
(8)
(7)
(5)
(6)
(12)
(13)
(17)
(22)
(38)
(40)
(40)
(38)
(25)
(28)
(24)
(27)
(70)
(93)
(118)
Non Interest Expense
(27)
(28)
(29)
(31)
(35)
(38)
(42)
(46)
(51)
(54)
(58)
(61)
(63)
(73)
(77)
(88)
(96)
(104)
(112)
(115)
(125)
(126)
(131)
(137)
(136)
(140)
(151)
(159)
(175)
(189)
(195)
(213)
(224)
(237)
(264)
(279)
(300)
Pre-Tax Income
55
N/A
61
+11%
72
+18%
70
-3%
77
+10%
82
+6%
79
-4%
85
+7%
84
-1%
78
-7%
79
+1%
84
+6%
102
+22%
121
+18%
155
+28%
202
+31%
243
+20%
295
+21%
309
+5%
313
+1%
305
-2%
288
-6%
290
+1%
289
0%
291
+1%
298
+2%
294
-1%
323
+10%
348
+8%
389
+12%
419
+8%
394
-6%
423
+7%
385
-9%
334
-13%
318
-5%
264
-17%
Net Income
Tax Provision
(22)
(24)
(28)
(27)
(29)
(28)
(25)
(24)
(21)
(20)
(20)
(21)
(25)
(30)
(39)
(52)
(63)
(77)
(80)
(81)
(78)
(72)
(72)
(71)
(71)
(73)
(58)
(64)
(69)
(78)
(97)
(92)
(102)
(93)
(81)
(71)
(45)
Income from Continuing Operations
33
37
44
43
48
54
55
61
63
58
59
63
77
91
116
151
181
218
228
232
227
215
218
218
220
225
236
259
279
311
322
302
320
292
253
247
219
Net Income (Common)
31
N/A
34
+11%
41
+19%
40
-3%
51
+29%
57
+12%
58
+2%
64
+11%
60
-8%
55
-8%
55
0%
56
+2%
68
+21%
79
+16%
102
+29%
136
+33%
166
+22%
203
+22%
212
+4%
213
+1%
206
-3%
192
-7%
195
+1%
195
0%
194
-1%
196
+1%
204
+4%
224
+10%
245
+9%
277
+13%
287
+4%
268
-7%
284
+6%
248
-12%
209
-16%
200
-5%
174
-13%
EPS (Diluted)
1.15
N/A
1.27
+10%
1.51
+19%
1.38
-9%
2.27
+64%
1.99
-12%
2.02
+2%
2.24
+11%
2.07
-8%
1.92
-7%
1.91
-1%
1.96
+3%
2.37
+21%
2.76
+16%
3.56
+29%
4.75
+33%
5.77
+21%
7.04
+22%
7.34
+4%
7.38
+1%
4.76
-36%
4.43
-7%
4.49
+1%
4.49
N/A
4.47
0%
4.52
+1%
4.72
+4%
5.18
+10%
5.64
+9%
6.37
+13%
6.41
+1%
5.82
-9%
6.3
+8%
5.41
-14%
4.55
-16%
4.35
-4%
3.78
-13%
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