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Merchants Bancorp MBIN Payments To Acquire Low Income Housing Tax Credit For Sale

Payments To Acquire Low Income Housing Tax Credit For Sale at other companies

City Holding Company logo
City Holding CompanyCHCO
$1.36M-51.2%
BancFirst Corporation logo
BancFirst CorporationBANF
$6.01M-53.6%
Federal Agricultural Mortgage logo
Federal Agricultural MortgageAGM
$40.74M
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
-$9.37M-1.6%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$0-100%
BancFirst Corporation logo
BancFirst CorporationBANF
$6.01M-53.6%

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:PaymentsToAcquireLowIncomeHousingTaxCreditForSale.

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 payments to acquire low income housing tax credit for sale?
Merchants Bancorp (MBIN) reported payments to acquire low income housing tax credit for sale of $6.8M in Q1 2026.
How has Merchants Bancorp's payments to acquire low income housing tax credit for sale changed year-over-year?
Merchants Bancorp's payments to acquire low income housing tax credit for sale decreased by 6.9% year-over-year, from $7.31M to $6.8M.
What is the long-term trend for Merchants Bancorp's payments to acquire low income housing tax credit for sale?
Over 4 years (2021 to 2025), Merchants Bancorp's payments to acquire low income housing tax credit for sale has grown at a 57.9% compound annual growth rate (CAGR), from $9.61M to $59.76M.
What does payments to acquire low income housing tax credit for sale mean?
Captures the cash outflows associated with purchasing low-income housing tax credits intended for subsequent resale or utilization. This represents an investment in tax-advantaged assets to generate future fee income or tax benefits. It is a critical component of the company's strategy for managing tax liabilities and generating non-interest revenue.