Merchants Bancorp MBIN Mortgage Warehousing — Income Tax Expense Benefit

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Questions, answered.

What is Merchants Bancorp's mortgage warehousing — income tax expense benefit?

Merchants Bancorp (MBIN) reported mortgage warehousing — income tax expense benefit of $7.06M in Q1 2026.

How has Merchants Bancorp's mortgage warehousing — income tax expense benefit changed year-over-year?

Merchants Bancorp's mortgage warehousing — income tax expense benefit increased by 49.8% year-over-year, from $4.72M to $7.06M.

What is the long-term trend for Merchants Bancorp's mortgage warehousing — income tax expense benefit?

Over 4 years (2021 to 2025), Merchants Bancorp's mortgage warehousing — income tax expense benefit has grown at a -11.3% compound annual growth rate (CAGR), from $31.5M to $19.49M.

What does mortgage warehousing — income tax expense benefit mean?

This metric represents the total income tax expense or benefit recognized by the mortgage warehousing business segment for the reporting period. It reflects the tax impact on the segment's pre-tax earnings based on applicable statutory rates and tax adjustments. Investors use this to understand the segment's effective tax burden and its contribution to the overall corporate tax profile.