Merchants Bancorp

MBIN Financial Banks Regional

Merchants Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 5.90% from fiscal 2024.

Revenue
+13.7%
EPS
+136.0%
Free cash flow
+267.7%
Total debt
+3.96%

Quarter to September 2026, against a year earlier

51.84 0.30 −0.58%
Market cap
$2.4B
P/E
8.3×
Fwd P/E
8.4×
Dividend yield
0.82%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Sep '26 Jun '26 Mar '26 Dec '25 Older periods
Revenue
391.96 339.75 317.11 354.67

+8 more quarters

Revenue Growth
13.68% (4.26%) 2.00% (6.79%)
Gross Profit
224.94 182.22 175.25 185.29
Operating Income
133.42 99.78 84.31 73.88
EBT
133.42 99.78 84.31 73.88
Income after Tax
105.18 78.30 67.73 67.85
Net Income Common
94.92 68.04 57.47 58.80
EPS (Diluted)
2.28 1.48 1.25 1.28
Shares (Diluted, Weighted)
46.03 46.01 46.00 45.94
Gross Margin
57.39% 53.63% 55.26% 52.24%
EBIT Margin
0.00% 0.00% 0.00% 0.00%
Net Profit Margin
24.22% 20.03% 18.12% 16.58%
Other line items

Show all line items

In millions of $ except per-share values · columns are period end dates · fundamentals updated 2 Nov 2026