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Merchants Bancorp MBIN Free cash flow

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Other financials

Income statement

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Revenue$182.2M+1.7%
Net income$78.3M+106%
EPS (diluted)$1.48+147%

Balance sheet

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Cash & equivalents$314.7M-51.4%
Total debt$4.3B+7.0%
Total equity$2.4B+9.6%
Total assets$21.2B+10.9%

Cash flow

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Operating cash flow-$597.3M-503%
CapEx$2.4M-45.8%

Valuation

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Market cap$2.48B+75.9%
Enterprise value$6.47B+35.2%
P/E9.3×+3.7×
P/S3.5×+1.4×

Profitability

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Net margin37.6%-0.2pp
FCF margin-155%-376pp

Returns & leverage

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Return on equity11.7%-0.7pp
Debt / equity1.8×0.0×

Where this comes from

Calculated from Merchants Bancorp’s reported figures.

The source filing: Merchants Bancorp’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-057107

FAQ

What is Merchants Bancorp's free cash flow?
Merchants Bancorp (MBIN) reported free cash flow of -$598.47M in Q1 2026.
How has Merchants Bancorp's free cash flow changed year-over-year?
Merchants Bancorp's free cash flow decreased by 523.9% year-over-year, from $141.18M to -$598.47M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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