Merchants Bancorp MBIN Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income Loss by Business | ||||||
| Banking | $112.88M-7.5% | $122.01M-17.3% | $147.52M-9.5% | $162.95M-18.8% | $200.76M-4.4% | |
| Mortgage Warehousing | $110.19M+13.7% | $96.94M+12.3% | $86.35M+9.7% | $78.73M+0.9% | $78.01M-5.8% | |
| Multi Family Mortgage Banking | $47.76M+18.9% | $40.16M-14.5% | $46.94M+9.3% | $42.93M+0.5% | $42.7M-23.6% | |
| Income Tax Expense Benefit by Business | ||||||
| Banking | $19.18M-20.9% | $24.26M-41.7% | $41.58M-18.8% | $51.18M-18.0% | $62.43M-4.5% | |
| Mortgage Warehousing | $21.84M+12.0% | $19.49M-17.5% | $23.62M-4.7% | $24.79M-0.7% | $24.97M-5.4% | |
| Multi Family Mortgage Banking | $13.2M+11.5% | $11.84M-27.3% | $16.29M-1.1% | $16.47M-0.2% | $16.5M-19.0% | |
| Noninterest Income by Business | ||||||
| Mortgage Warehousing | $17.66M+40.2% | $12.6M+18.5% | $10.63M+164% | $4.03M+487% | -$1.04M-135% | |
| Multi Family Mortgage Banking | $179.07M+6.0% | $168.87M-5.7% | $179.04M+5.8% | $169.23M+8.2% | $156.46M-6.9% | |
| Interest Income Expense Net by Business | ||||||
| Banking | $351.52M-0.9% | $354.82M-1.2% | $358.98M-1.8% | $365.68M0.0% | $365.83M-1.2% | |
| Mortgage Warehousing | $149.74M+7.2% | $139.63M+5.8% | $131.97M+2.1% | $129.25M0.0% | $129.28M-0.2% | |
| Multi Family Mortgage Banking | $4.42M-2.6% | $4.53M-0.6% | $4.56M-0.8% | $4.6M+0.1% | $4.59M-11.0% | |
| Interest And Dividend Income Operating by Business | ||||||
| Banking | $736.9M-4.0% | $767.79M-3.7% | $796.88M-5.0% | $839M-2.8% | $863.25M-3.2% | |
| Mortgage Warehousing | $428.19M+3.5% | $413.66M+3.8% | $398.33M+1.5% | $392.57M-0.1% | $392.96M+0.3% | |
| Multi Family Mortgage Banking | $4.5M-2.6% | $4.61M-0.6% | $4.64M-0.8% | $4.68M+0.1% | $4.67M-10.8% | |
| Noninterest Expense by Business | ||||||
| Banking | $104.79M+11.1% | $94.35M+16.1% | $81.24M+11.6% | $72.78M+13.0% | $64.4M+2.8% | |
| Mortgage Warehousing | $32.63M-0.4% | $32.77M+10.4% | $29.68M+2.8% | $28.88M+14.8% | $25.16M+14.7% | |
| Multi Family Mortgage Banking | $122.89M+0.9% | $121.82M+0.6% | $121.04M+4.5% | $115.82M+12.6% | $102.9M+5.1% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Banking | 13,205,700,000%-1,420,700,000pp | 14,626,400,000%-4,283,700,000pp | 18,910,100,000%-2,502,900,000pp | 21,413,000,000%-4,905,400,000pp | 26,318,400,000%-1,227,100,000pp | |
| Mortgage Warehousing | 13,202,900,000%+1,559,600,000pp | 11,643,300,000%+646,100,000pp | 10,997,200,000%+645,400,000pp | 10,351,800,000%+53,400,000pp | 10,298,400,000%-622,700,000pp | |
| Multi Family Mortgage Banking | 6,095,800,000%+896,600,000pp | 5,199,200,000%-1,123,600,000pp | 6,322,800,000%+383,000,000pp | 5,939,800,000%+19,900,000pp | 5,919,900,000%-1,707,800,000pp | |
| Total Assets by Business | ||||||
| Banking | $45.08B-2.5% | $46.24B-1.0% | $46.69B-1.1% | $47.2B-1.0% | $47.68B+0.5% | |
| Mortgage Warehousing | $29.79B+9.7% | $27.15B+4.8% | $25.9B+4.7% | $24.74B+5.9% | $23.37B+2.3% | |
| Multi Family Mortgage Banking | $2.05B+3.1% | $1.99B+2.4% | $1.94B+3.2% | $1.88B+3.3% | $1.82B+2.5% | |
| Interest Income Expense After Provision For Loan Loss by Business | ||||||
| Banking | $228.57M-4.6% | $239.69M-10.8% | $268.58M-8.9% | $294.84M-12.7% | $337.6M-2.6% | |
| Mortgage Warehousing | $147.01M+7.6% | $136.61M+5.9% | $129.03M+0.5% | $128.36M-0.6% | $129.18M+0.8% | |
| Multi Family Mortgage Banking | $4.78M-3.2% | $4.94M-5.4% | $5.22M-12.9% | $5.99M+6.2% | $5.64M-8.4% | |
| Interest Expense Operating by Business | ||||||
| Banking | $385.38M-6.7% | $412.96M-5.7% | $437.9M-7.5% | $473.32M-4.8% | $497.41M-4.5% | |
| Mortgage Warehousing | $278.44M+1.6% | $274.03M+2.9% | $266.36M+1.2% | $263.31M-0.1% | $263.68M+0.6% | |
| Multi Family Mortgage Banking | $80K0.0% | $80K0.0% | $80K0.0% | $80K0.0% | $80K0.0% | |
| Provision For Loan Lease And Other Losses by Business | ||||||
| Banking | $122.95M+6.8% | $115.14M+27.4% | $90.4M+27.6% | $70.85M+151% | $28.23M+18.5% | |
| Mortgage Warehousing | $2.74M-9.3% | $3.02M+2.7% | $2.94M+231% | $890K+790% | $100K-93.2% | |
| Multi Family Mortgage Banking | -$362K+10.2% | -$403K+38.9% | -$660K+52.7% | -$1.4M— | —— | |
| Fair Value Adjustment Of Servicing Assets by Business | ||||||
| Banking | $403K+117% | -$2.36M-674% | $411K+151% | -$802K-440% | $236K-89.4% | |
| Multi Family Mortgage Banking | $10.74M+182% | $3.81M-67.2% | $11.62M+192% | $3.98M-48.6% | $7.76M-62.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Merchants Bancorp break its business down?
- Merchants Bancorp (MBIN) reports net income loss by business across 3 parts — Banking, Mortgage Warehousing and Multi Family Mortgage Banking. Each is extracted from the segment footnotes and tracked over time.
- Where does Merchants Bancorp's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Merchants Bancorp's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
