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Merchants Bancorp MBIN Provision for Credit Losses

Provision for Credit Losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$2.51B-24.1%
Banner Corporation logo
Banner CorporationBANR
-$796K-125%
First Merchants Corporation logo
First Merchants CorporationFRME
$4.9M+16.7%
Banc of California logo
Banc of CaliforniaBANC
$9.8M+5.4%
UBS
United BanksharesUBSI
$6.78M+1.3%
First BanCorp logo
First BanCorpFBP
$107K+270%

Segments

By segment

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Banking$16.01M+95.3%
Mortgage Warehousing-$707K-66.0%
Multi Family Mortgage Banking-$7K+85.4%

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 us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?
Merchants Bancorp (MBIN) reported provision for credit losses of $15.3M in Q1 2026.
How has Merchants Bancorp's provision for credit losses changed year-over-year?
Merchants Bancorp's provision for credit losses increased by 98.0% year-over-year, from $7.73M to $15.3M.
What is the long-term trend for Merchants Bancorp's provision for credit losses?
Over 4 years (2021 to 2025), Merchants Bancorp's provision for credit losses has grown at a 120.2% compound annual growth rate (CAGR), from $5.01M to $117.75M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.