Skip to content

Merchants Bancorp MBIN Mortgage Warehousing — Interest Income Expense Net

Other segment segments

Banking
$84.63M-3.8%
Multi Family Mortgage Banking
$1.04M-10.2%

Similar metrics at other companies

Walker & Dunlop logo
WDNet Warehouse Interest Income Expense Net — Revenue
$25K+103%
Republic Bancorp logo
RBCAAWarehouse Lending — Interest Income Expense Net
$3.9M+28.8%
Hilltop Holdings logo
HTHMortgage Origination — Interest Income Expense Net
-$927K+33.6%
Ameris Bancorp logo
ABCBWarehouse Lending — Interest Income (Expense), Operating
$7.59M+28.7%
First BanCorp logo
FBPMortgage Banking — Interest Income Expense Net
$17.8M+1.2%
Republic Bancorp logo
RBCAAWarehouse Lending — Net Interest Margin Percentage
2.6%-0.1pp

Other financials

Income statement

See full
Revenue$175.2M+20.1%
Net income$67.7M+16.3%
EPS (diluted)$1.25+34.4%

Balance sheet

See full
Cash & equivalents$83.2M-84.0%
Total debt$4.8B+19.4%
Total equity$2.3B+7.8%
Total assets$20.3B+8.1%

Cash flow

See full
Operating cash flow-$597.3M-503%
CapEx$1.1M-83.3%
Free cash flow-$598.5M-524%

Valuation

See full
Market cap$2.29B+16.3%
Enterprise value$7B+28.8%
P/E10×+3.3×
P/S3.2×+0.2×

Profitability

See full
Net margin32.1%-12.8pp
FCF margin-155%-376pp

Returns & leverage

See full
Return on equity10.2%-4.6pp
Debt / equity2.1×+0.2×

Where this comes from

Reported directly by Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: Merchants Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Merchants Bancorp's mortgage warehousing — interest income expense net.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Merchants Bancorp's mortgage warehousing — interest income expense net?
Merchants Bancorp (MBIN) reported mortgage warehousing — interest income expense net of $38.57M in Q1 2026.
How has Merchants Bancorp's mortgage warehousing — interest income expense net changed year-over-year?
Merchants Bancorp's mortgage warehousing — interest income expense net increased by 35.6% year-over-year, from $28.45M to $38.57M.
What is the long-term trend for Merchants Bancorp's mortgage warehousing — interest income expense net?
Over 4 years (2021 to 2025), Merchants Bancorp's mortgage warehousing — interest income expense net has grown at a 2.8% compound annual growth rate (CAGR), from $125.19M to $139.63M.
What does mortgage warehousing — interest income expense net mean?
Calculated as the difference between interest income earned and interest expense incurred within the mortgage warehousing segment. This metric represents the core net interest spread generated by the segment's lending activities. It is a key measure of the profitability of the warehouse financing business before accounting for credit losses or operating expenses.