Saturday 17 October 2026 Export MBIN’s income statement to Excel — free account

Merchants Bancorp

Merchants Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 5.90% from fiscal 2024. In the quarter to June 2026, revenue fell 4.26%, EPS grew 146.7%, free cash flow grew 267.7% and total debt rose 6.81%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

48.77 0.18 −0.37%

Follow MBIN

Alert me

Market cap: $2.3B
P/E: 9.8×
Fwd P/E: 9.1×
Dividend yield: 0.88%
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	4	3	3	5
ROE Full definition →		12.62%	10.52%	11.12%	13.16%
ROA Full definition →		1.05%	0.91%	0.96%	1.13%
ROIC Full definition →		4.39%	2.79%	2.42%	3.17%
Return on Tangible Assets Full definition →		13.61%	8.06%	5.55%	7.39%
Average Days of Receivables Full definition →		0.00	0.00	0.00	0.00
Free Cash Flow per Share Full definition →		0.23	(8.21)	(24.31)	(16.98)
Free Cash Flow Full definition →		10.33	(376.67)	(1,116.44)	(779.85)
Capital Expenditures Full definition →		(36.34)	(35.42)	(29.83)	(27.71)
Other line items
Cash ROIC Full definition →		0.18%	(5.94%)	(15.53%)	(11.15%)
Accounts Receivable Turnover Full definition →		0.00	0.00	0.00	0.00
Accounts Payable Turnover Full definition →		0.05	0.05	0.05	0.05
Inventory Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		7,254.24	6,961.23	7,155.70	8,097.74
Days of Inventory on Hand Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		(0.22)	(0.17)	(0.16)	(0.17)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		26.75%	30.59%	32.02%	28.85%
Share Based Compensation of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Operating CF/Net income Full definition →		0.23	(1.97)	(5.77)	(3.29)
Depreciation/Fixed assets Full definition →		0.04	0.05	0.06	0.06
Capex/Depreciation Full definition →		(11.86)	(10.22)	(7.34)	(5.91)
Revenue per Share Full definition →		30.31	29.76	29.86	29.53
Operating CF per Share Full definition →		1.02	(7.44)	(23.66)	(16.37)
Capex per Share Full definition →		(0.79)	(0.77)	(0.65)	(0.60)
Capex to Sales Full definition →		0.03	0.03	0.02	0.02

Show all line items

Columns are period end dates

Stockrow Weekly