Skip to content

Merchants Bancorp MBIN Mortgage servicing rights

Mortgage servicing rights at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$663B-0.5%
Walker & Dunlop logo
Walker & DunlopWD
$795.75M-3.6%
FB Financial logo
FB FinancialFBK
$147.34M-5.8%
PennyMac Financial Services, Inc. logo
PennyMac Financial Services, Inc.PFSI
$10.15B+13.2%
Live Oak Bancshares logo
Live Oak BancsharesLOB
$64.52M+13.8%

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:ServicingAssetAtFairValueAmount.

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 servicing rights.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Merchants Bancorp's mortgage servicing rights?
Merchants Bancorp (MBIN) reported mortgage servicing rights of $229.58M in Q1 2026.
How has Merchants Bancorp's mortgage servicing rights changed year-over-year?
Merchants Bancorp's mortgage servicing rights increased by 21.0% year-over-year, from $189.71M to $229.58M.
What is the long-term trend for Merchants Bancorp's mortgage servicing rights?
Over 5 years (2020 to 2025), Merchants Bancorp's mortgage servicing rights has grown at a 21.3% compound annual growth rate (CAGR), from $82.6M to $217.3M.
What does mortgage servicing rights mean?
This represents the capitalized value of the contractual right to service mortgage loans for third-party investors in exchange for a fee. It is a significant intangible asset for banks that originate and sell mortgages while retaining servicing responsibilities. The valuation of these rights is sensitive to interest rate fluctuations and prepayment speeds, directly impacting non-interest income.