What is Merchants Bancorp's net income?

Merchants Bancorp (MBIN) reported net income of $68.04M in Q2 2026.

How has Merchants Bancorp's net income changed year-over-year?

Merchants Bancorp's net income increased by 145.5% year-over-year, from $27.72M to $68.04M.

Over 4 years (2021 to 2025), Merchants Bancorp's net income has grown at a -4.2% compound annual growth rate (CAGR), from $206.23M to $173.55M.

Revenue$182.2M+1.7%

Net income$78.3M+106%

EPS (diluted)$1.48+147%

Cash & equivalents$314.7M-51.4%

Total debt$4.3B+6.6%

Total equity$2.4B+9.6%

Total assets$21.2B+10.9%

Operating cash flow-$597.3M-503%

CapEx$1.1M-83.3%

Free cash flow-$598.5M-524%

Market cap$2.55B+89.7%

Enterprise value$6.52B+38.2%

P/E9.5×+4.2×

P/S3.6×+1.6×

Net margin37.6%-0.2pp

FCF margin-155%-376pp

Return on equity11.7%-0.7pp

Debt / equity1.8×-0.1×

Reported directly by Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic.

The official record: Merchants Bancorp’s 8-K, filed July 28, 2026, on SEC EDGAR. View the filing →

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What is Merchants Bancorp's net income?: Merchants Bancorp (MBIN) reported net income of $68.04M in Q2 2026.
How has Merchants Bancorp's net income changed year-over-year?: Merchants Bancorp's net income increased by 145.5% year-over-year, from $27.72M to $68.04M.
What is the long-term trend for Merchants Bancorp's net income?: Over 4 years (2021 to 2025), Merchants Bancorp's net income has grown at a -4.2% compound annual growth rate (CAGR), from $206.23M to $173.55M.