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Merchants Bancorp MBIN Mortgage Warehousing — Other Miscellaneous Noninterest Expense

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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 mbin:OtherMiscellaneousNoninterestExpense.

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 mortgage warehousing — other miscellaneous noninterest expense?
Merchants Bancorp (MBIN) reported mortgage warehousing — other miscellaneous noninterest expense of $5.36M in Q2 2026.
How has Merchants Bancorp's mortgage warehousing — other miscellaneous noninterest expense changed year-over-year?
Merchants Bancorp's mortgage warehousing — other miscellaneous noninterest expense decreased by 21.0% year-over-year, from $6.79M to $5.36M.
What does mortgage warehousing — other miscellaneous noninterest expense mean?
Represents various operational costs incurred by the mortgage warehousing segment that do not fall under labor or interest expenses, such as technology, occupancy, or administrative overhead. This metric is used to monitor the segment's non-personnel operating efficiency. High or rising levels may indicate increased complexity or potential inefficiencies in segment operations.

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