Merchants Bancorp MBIN Mortgage Warehousing — Interest Expense Operating

Other segment segments

Similar metrics at other companies

HTHMortgage Origination — Interest Expense Operating

$13.43M+6.3%

FBPMortgage Banking — Interest Expense Operating

$0—

NVRMortgage Banking — Interest Expense, Operating and Nonoperating

$333K+22.0%

RITMOrigination and Servicing — Interest expense and warehouse line fees

$215.8M-26.3%

ABCBWarehouse Lending — Interest Income (Expense), Operating

$7.59M+28.7%

ABCBWarehouse Lending — Interest Expense

$10.25M+10.2%

Questions, answered.

What is Merchants Bancorp's mortgage warehousing — interest expense operating?

Merchants Bancorp (MBIN) reported mortgage warehousing — interest expense operating of $62.08M in Q1 2026.

How has Merchants Bancorp's mortgage warehousing — interest expense operating changed year-over-year?

Merchants Bancorp's mortgage warehousing — interest expense operating increased by 7.6% year-over-year, from $57.67M to $62.08M.

What is the long-term trend for Merchants Bancorp's mortgage warehousing — interest expense operating?

Over 3 years (2022 to 2025), Merchants Bancorp's mortgage warehousing — interest expense operating has grown at a 78.6% compound annual growth rate (CAGR), from $48.08M to $274.03M.

What does mortgage warehousing — interest expense operating mean?

Measures the total interest costs incurred by the mortgage warehousing segment to fund its lending operations. This expense reflects the cost of capital used to support the warehouse lines provided to mortgage originators. Monitoring this helps assess the segment's cost of funds and its impact on net interest margins.