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Merchants Bancorp MBIN Banking — Net Income Loss

Other segment segments

Mortgage Warehousing
$30.6M+33.1%
Multi Family Mortgage Banking
$10.34M+11.5%

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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%
Free cash flow-$598.5M-524%

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

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

Returns & leverage

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

Where this comes from

Reported directly by Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Aug 7, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092702

FAQ

What is Merchants Bancorp's banking — net income loss?
Merchants Bancorp (MBIN) reported banking — net income loss of $47.34M in Q2 2026.
How has Merchants Bancorp's banking — net income loss changed year-over-year?
Merchants Bancorp's banking — net income loss increased by 224.8% year-over-year, from $14.57M to $47.34M.
What is the long-term trend for Merchants Bancorp's banking — net income loss?
Over 4 years (2021 to 2025), Merchants Bancorp's banking — net income loss has grown at a 7.6% compound annual growth rate (CAGR), from $90.86M to $122.01M.
What does banking — net income loss mean?
This metric measures the total profit or loss generated by the banking segment after all operating expenses, interest expenses, and taxes have been deducted. It serves as the primary indicator of the segment's overall financial performance and its ability to generate value for the holding company.

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