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Merchants Bancorp MBIN Multi Family Mortgage Banking — Other Miscellaneous Noninterest Expense

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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 mbin:OtherMiscellaneousNoninterestExpense.

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

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Questions, answered.

What is Merchants Bancorp's multi family mortgage banking — other miscellaneous noninterest expense?
Merchants Bancorp (MBIN) reported multi family mortgage banking — other miscellaneous noninterest expense of $4.65M in Q1 2026.
How has Merchants Bancorp's multi family mortgage banking — other miscellaneous noninterest expense changed year-over-year?
Merchants Bancorp's multi family mortgage banking — other miscellaneous noninterest expense increased by 28.1% year-over-year, from $3.63M to $4.65M.
What does multi family mortgage banking — other miscellaneous noninterest expense mean?
This metric includes all non-labor operating expenses for the segment that do not fall under standard categories, such as administrative, technology, or general overhead costs. Monitoring this helps identify trends in operational efficiency and cost control.