Merchants Bancorp Inc. Financials

MBIN

All currency values in $ millions unless otherwise noted

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Showing 5 of 11 available years

Income Statement	DEC 2025	DEC 2024	DEC 2023	DEC 2022	DEC 2021
Non-Operating
Net Interest Expense	$517	$523	$448	$319	$278
EBT (Earnings Before Tax)	$264	$423	$348	$291	$305
Income Tax Expense	$45	$102	$69	$71	$78
Net Income
Net Income	$219	$320	$279	$220	$227
EPS (Basic)	$3.78	$6.32	$5.66	$4.49	$4.78
EPS (Diluted)	$3.78	$6.30	$5.64	$4.47	$4.76
Weighted Avg Shares (Basic)	45.9M	44.9M	43.2M	43.2M	43.2M
Weighted Avg Shares (Diluted)	45.9M	45.0M	43.3M	43.3M	43.3M
Shares Outstanding	45.9M	45.0M	43.3M	43.3M	43.3M
Dividends Per Share	$1.29	$1.14	$1.12	$0.88	$0.72

Merchants Bancorp (MBIN) financials: revenue, profit and margins

Merchants Bancorp (MBIN) generated about n/a in revenue and $269 million in net income over the trailing twelve months. Figures are from SEC filings; this is analysis, not investment advice.

Frequently asked

Is Merchants Bancorp profitable?+

Yes, Merchants Bancorp reported about $269 million in net income over the trailing twelve months. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

More on MBIN: Overview · Quality scorecard · DCF valuation · Dividend safety

How the market compares: How many US companies are profitable

SourceFinancial statements computed from the 10-Q filed 30 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.

Fiscal year ends Dec.

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Held by ETFs

MBIN is in 68 US ETFs. The largest of them, with MBIN's weight in each:

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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