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Merchants Bancorp (MBIN)
NASDAQ:MBIN
US Market

Merchants Bancorp (MBIN) Income Statement

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Merchants Bancorp Income Statement

Last quarter (Q3 2025), Merchants Bancorp's total revenue was $343.53M, a decrease of -3.11% from the same quarter last year. In Q3, Merchants Bancorp's net income was $54.70M. See Merchants Bancorp’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 1.45B$ 1.19B$ 602.07M$ 461.56M$ 401.18M
Gross Profit
$ 642.69M$ 519.10M$ 422.49M$ 422.66M$ 330.70M
Operating Expenses
$ 220.04M$ 171.19M$ 131.35M$ 117.73M$ 87.34M
Depreciation and Amortization
$ 3.01M$ 2.85M$ 2.48M$ 2.19M$ 1.90M
EBITDA
$ 425.66M$ 350.76M$ 293.63M$ 307.12M$ 245.25M
Operating Income
$ 422.64M$ 347.91M$ 291.14M$ 304.93M$ 243.36M
Other Income/Expenses
$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 422.64M$ 347.91M$ 291.14M$ 304.93M$ 243.36M
Net Income
$ 320.39M$ 279.23M$ 219.72M$ 227.10M$ 180.53M
Per Share Metrics
Basic EPS
$ 6.32$ 5.66$ 4.49$ 4.78$ 3.85
Diluted EPS
$ 6.30$ 5.64$ 4.47$ 4.76$ 3.85
Weighted Average Shares Outstanding
44.85M 43.22M 43.16M 43.17M 43.11M
Weighted Average Shares Outstanding (Diluted)
45.01M 43.35M 43.32M 43.33M 43.17M
Currency in USD

Merchants Bancorp Earnings and Revenue History