Merchants Bancorp

MBIN · XNAS

CIK 1629019fmd_1CVEWJEBF0YF0MEF25MJHT0A1BFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2015 to Sep 30, 2026, 44 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	73	94	141	212	283	312	481	1,078	1,303	1,201
Total revenues	82	114	140	169	352	435	444	563	671	681
Net interest income	54	67	90	122	224	278	319	448	523	517
Provision for credit losses	(1)	(2)	(5)	(4)	12	5	17	40	24	118
Net interest income after provision	53	64	85	118	212	273	301	408	498	399
Non-interest income	29	48	50	47	127	157	126	115	148	164
Compensation and benefits	14	21	32	38	59	86	89	108	131	167
Non-interest expense	27	35	51	63	96	125	136	175	224	300
Interest expense	19	28	51	90	59	34	162	630	780	684
Income before taxes	55	77	84	102	243	305	291	348	423	264
Income tax expense	22	22	21	25	63	78	71	69	102	45
Net income from continuing operations	33	55	63	77	181	227	220	279	320	219
Net income	33	55	63	77	181	227	220	279	320	219
Net income to common shareholders	31	51	60	68	166	206	194	245	284	174