What is Merchants Bancorp's noninterest expense?

Merchants Bancorp (MBIN) reported noninterest expense of $75.64M in Q1 2026.

How has Merchants Bancorp's noninterest expense changed year-over-year?

Merchants Bancorp's noninterest expense increased by 22.7% year-over-year, from $61.66M to $75.64M.

What is the long-term trend for Merchants Bancorp's noninterest expense?

Over 4 years (2021 to 2025), Merchants Bancorp's noninterest expense has grown at a 24.4% compound annual growth rate (CAGR), from $125.39M to $299.89M.

Merchants Bancorp MBIN Noninterest Expense

Noninterest Expense at other companies

JPMorgan ChaseJPM

$26.85B+13.8%

Banner CorporationBANR

——

Customers BancorpCUBI

——

First Merchants CorporationFRME

——

Ameris BancorpABCB

——

City Holding CompanyCHCO

——

Segments

By segment

See full

Banking$27.75M+60.3%

Multi Family Mortgage Banking$25.63M+4.3%

Mortgage Warehousing$7.89M-1.7%

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

See full

Operating cash flow-$597.3M-503%

CapEx$1.1M-83.3%

Free cash flow-$598.5M-524%

Valuation

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Market cap$2.3B+16.3%

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 us-gaap:NoninterestExpense.

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 noninterest expense?: Merchants Bancorp (MBIN) reported noninterest expense of $75.64M in Q1 2026.
How has Merchants Bancorp's noninterest expense changed year-over-year?: Merchants Bancorp's noninterest expense increased by 22.7% year-over-year, from $61.66M to $75.64M.
What is the long-term trend for Merchants Bancorp's noninterest expense?: Over 4 years (2021 to 2025), Merchants Bancorp's noninterest expense has grown at a 24.4% compound annual growth rate (CAGR), from $125.39M to $299.89M.