Merchants Bancorp MBIN Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income Loss by Business | |||||
| Banking | $122.01M-41.9% | $210.07M+8.1% | $194.4M+44.8% | $134.22M+47.7% | |
| Mortgage Warehousing | $96.94M+17.1% | $82.8M+12.6% | $73.53M+51.3% | $48.6M-48.9% | |
| Multi Family Mortgage Banking | $40.16M-28.2% | $55.9M+53.3% | $36.47M-33.3% | $54.64M+6.1% | |
| Income Tax Expense Benefit by Business | |||||
| Banking | $24.26M-62.9% | $65.38M+30.1% | $50.26M+18.6% | $42.39M+40.8% | |
| Mortgage Warehousing | $19.49M-26.2% | $26.41M+66.3% | $15.89M+12.4% | $14.13M-55.1% | |
| Multi Family Mortgage Banking | $11.84M-41.9% | $20.38M+119% | $9.31M-53.7% | $20.11M+2.8% | |
| Noninterest Income by Business | |||||
| Mortgage Warehousing | $12.6M+318% | $3.02M-78.9% | $14.32M+165% | $5.4M-56.4% | |
| Multi Family Mortgage Banking | $168.87M+0.5% | $168.03M+35.5% | $123.98M-20.5% | $155.88M+10.1% | |
| Interest Income Expense Net by Business | |||||
| Banking | $354.82M-4.2% | $370.46M+9.8% | $337.45M+42.3% | $237.2M+65.4% | |
| Mortgage Warehousing | $139.63M+7.7% | $129.59M+41.0% | $91.88M+35.5% | $67.79M-45.8% | |
| Multi Family Mortgage Banking | $4.53M-12.1% | $5.16M-8.9% | $5.67M+153% | $2.24M+134% | |
| Interest And Dividend Income Operating by Business | |||||
| Banking | $767.79M-13.9% | $891.49M+12.9% | $789.4M+123% | $354.48M+107% | |
| Mortgage Warehousing | $413.66M+5.6% | $391.74M+41.7% | $276.37M+139% | $115.87M-13.6% | |
| Multi Family Mortgage Banking | $4.61M-11.9% | $5.24M-8.4% | $5.72M+155% | $2.24M+134% | |
| Noninterest Expense by Business | |||||
| Banking | $94.35M+50.6% | $62.67M+46.4% | $42.81M+134% | $18.3M-24.2% | |
| Mortgage Warehousing | $32.77M+49.4% | $21.93M+56.6% | $14M+34.4% | $10.42M-12.8% | |
| Multi Family Mortgage Banking | $121.82M+24.4% | $97.91M+16.8% | $83.86M+2.0% | $82.21M+15.0% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | |||||
| Banking | 14,626,400,000%-12,919,100,000pp | 27,545,500,000%+3,079,500,000pp | 24,466,000,000%+6,804,700,000pp | 17,661,300,000%+5,564,000,000pp | |
| Mortgage Warehousing | 11,643,300,000%+722,200,000pp | 10,921,100,000%+1,980,100,000pp | 8,941,000,000%+2,667,600,000pp | 6,273,400,000%-6,392,800,000pp | |
| Multi Family Mortgage Banking | 5,199,200,000%-2,428,500,000pp | 7,627,700,000%+3,049,300,000pp | 4,578,400,000%-2,897,200,000pp | 7,475,600,000%+368,000,000pp | |
| Total Assets by Business | |||||
| Banking | $46.24B-2.5% | $47.44B+7.6% | $44.11B+35.3% | $32.59B+40.4% | |
| Mortgage Warehousing | $27.15B+18.9% | $22.84B+33.8% | $17.07B+55.8% | $10.96B-36.7% | |
| Multi Family Mortgage Banking | $1.99B+11.9% | $1.78B+17.0% | $1.52B+15.2% | $1.32B+27.4% | |
| Interest Income Expense After Provision For Loan Loss by Business | |||||
| Banking | $239.69M-30.9% | $346.65M+15.5% | $300M+35.7% | $221.09M+61.0% | |
| Mortgage Warehousing | $136.61M+6.6% | $128.13M+43.8% | $89.1M+31.5% | $67.75M-46.3% | |
| Multi Family Mortgage Banking | $4.94M-19.9% | $6.16M+8.8% | $5.67M+422% | $1.09M+13.5% | |
| Interest Expense Operating by Business | |||||
| Banking | $412.96M-20.7% | $521.03M+15.3% | $451.95M+285% | $117.28M— | |
| Mortgage Warehousing | $274.03M+4.5% | $262.15M+42.1% | $184.49M+284% | $48.08M— | |
| Multi Family Mortgage Banking | $80K0.0% | $80K+53.8% | $52K— | —— | |
| Provision For Loan Lease And Other Losses by Business | |||||
| Banking | $115.14M+383% | $23.82M-36.4% | $37.45M+133% | $16.11M+167% | |
| Mortgage Warehousing | $3.02M+106% | $1.47M— | —— | —— | |
| Multi Family Mortgage Banking | -$403K— | —— | —— | —— | |
| Goodwill Write-Off by Business | |||||
| Banking | $0-100% | $7.83M— | $0— | $0— | |
| Mortgage Warehousing | $0— | $0— | $0— | $0— | |
| Multi Family Mortgage Banking | $0— | $0— | $0— | $0— | |
| Fair Value Adjustment Of Servicing Assets by Business | |||||
| Banking | -$2.36M-206% | $2.22M+223% | $688K-88.1% | $5.8M— | |
| Multi Family Mortgage Banking | $3.81M-81.4% | $20.49M+429% | $3.87M-72.3% | $13.96M— |
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.