Merchants Bancorp financial data

Symbol
MBIN, MBINL, MBINM, MBINN on Nasdaq
Location
Carmel, IN
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 27 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 767% % -8.3%
Return On Equity 9.9% % -39%
Return On Assets 1.1% % -35%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45,962,065 shares 0.18%
Common Stock, Shares, Outstanding 45,893,172 shares 0.28%
Entity Public Float $990,600,000 USD -17%
Common Stock, Value, Issued $243,310,000 USD 1.2%
Weighted Average Number of Shares Outstanding, Basic 45,871,698 shares 2.3%
Weighted Average Number of Shares Outstanding, Diluted 45,942,730 shares 2.1%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $263,800,000 USD -38%
Income Tax Expense (Benefit) $45,030,000 USD -56%
Net Income (Loss) Attributable to Parent $218,770,000 USD -32%
Earnings Per Share, Basic 3.78 USD/shares -40%
Earnings Per Share, Diluted 3.78 USD/shares -40%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net $73,929,000 USD 26%
Operating Lease, Right-of-Use Asset $6,006,000 USD -28%
Intangible Assets, Net (Excluding Goodwill) $149,000 USD -86%
Goodwill $8,014,000 USD 0%
Assets $19,448,943,000 USD 3.4%
Liabilities $17,168,184,000 USD 3.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax $33,000 USD 75%
Retained Earnings (Accumulated Deficit) $1,486,191,000 USD 12%
Stockholders' Equity Attributable to Parent $2,280,759,000 USD 1.7%
Liabilities and Equity $19,448,943,000 USD 3.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $148,038,000 USD
Net Cash Provided by (Used in) Financing Activities $102,449,000 USD -110%
Net Cash Provided by (Used in) Investing Activities $695,019,000 USD 38%
Common Stock, Shares Authorized 75,000,000 shares 0%
Common Stock, Shares, Issued 45,893,172 shares 0.28%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $44,686,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $212,202,000 USD -55%
Interest Paid, Excluding Capitalized Interest, Operating Activities $169,563,000 USD -5.1%
Operating Lease, Liability $7,264,000 USD -22%
Depreciation $770,000 USD 6.2%
Payments to Acquire Property, Plant, and Equipment $6,859,000 USD 197%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $218,870,000 USD -32%
Lessee, Operating Lease, Liability, to be Paid $7,741,000 USD -23%
Property, Plant and Equipment, Gross $90,278,000 USD 25%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,203,000 USD -3.9%
Lessee, Operating Lease, Liability, to be Paid, Year One $2,293,000 USD -1.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.0344 pure 0.29%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $477,000 USD -37%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,597,000 USD -28%
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,101,000 USD -31%
Operating Lease, Payments $560,000 USD -5.7%
Deferred Tax Assets, Net of Valuation Allowance $28,912,000 USD -1.8%
Interest Expense $706,243,000 USD 169%