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Merchants Bancorp MBIN Banking — Provision For Loan Lease And Other Losses

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$855K-52.1%
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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

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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

Reported directly by Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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

Filed
Aug 7, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092702
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Long-term borrowings3,0897,3246,16615,027
Total interest expense157,536175,680299,399340,688
Net Interest Income136,536128,719265,184250,915
Provision for credit losses9,18453,02724,48360,754
Net Interest Income After Provision for Credit Losses127,35275,692240,701190,161
Noninterest Income
Gain on sale of loans13,16023,34226,66634,961
Loan servicing fees, net11,9926,13827,09110,148

Item 1. Interim Financial Statements (Unaudited)

FAQ

What is Merchants Bancorp's banking — provision for loan lease and other losses?
Merchants Bancorp (MBIN) reported banking — provision for loan lease and other losses of $8.34M in Q2 2026.
How has Merchants Bancorp's banking — provision for loan lease and other losses changed year-over-year?
Merchants Bancorp's banking — provision for loan lease and other losses decreased by 83.8% year-over-year, from $51.59M to $8.34M.
What is the long-term trend for Merchants Bancorp's banking — provision for loan lease and other losses?
Over 4 years (2021 to 2025), Merchants Bancorp's banking — provision for loan lease and other losses has grown at a 109.0% compound annual growth rate (CAGR), from $6.03M to $115.14M.
What does banking — provision for loan lease and other losses mean?
Represents the periodic expense set aside to cover potential credit losses on the segment's loan and lease portfolio. This reflects management's assessment of credit risk and the expected collectability of the assets. An increase in this provision typically signals deteriorating credit quality or growth in the loan portfolio.

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