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Merchants Bancorp MBIN Payments To Acquire Transferable Energy Tax Credits

Payments To Acquire Transferable Energy Tax Credits at other companies

Federal Agricultural Mortgage logo
Federal Agricultural MortgageAGM
$40.74M
Enphase Energy logo
Enphase EnergyENPH
$0-100%
BancFirst Corporation logo
BancFirst CorporationBANF
$6.01M-53.6%
Primoris Services logo
Primoris ServicesPRIM
$10.48M+13.6%
AutoZone logo
AutoZoneAZO
$9.22M-81.7%
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:PaymentsToAcquireTransferableEnergyTaxCredits.

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 transferable energy tax credits?
Merchants Bancorp (MBIN) reported payments to acquire transferable energy tax credits of $18.17M in Q1 2026.
How has Merchants Bancorp's payments to acquire transferable energy tax credits changed year-over-year?
Merchants Bancorp's payments to acquire transferable energy tax credits decreased by 49.1% year-over-year, from $35.69M to $18.17M.
What does payments to acquire transferable energy tax credits mean?
Measures cash outflows for the acquisition of transferable energy-related tax credits, which are subsequently sold or utilized to offset tax obligations. This reflects the company's participation in the renewable energy finance market. It indicates the scale of the company's involvement in specialized tax-efficient investment strategies.