Merchants Bancorp (MBIN)
Financial Services · Banks - Regional · NasdaqCM
Merchants Bancorp revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $444.49M | $562.74M | $670.73M | $681.45M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $33.13M | $54.68M | $62.87M | $77.33M | $180.53M | $227.10M | $193.74M | $244.56M | $283.65M | $173.55M |
| Net margin | — | — | — | — | — | — | 43.6% | 43.5% | 42.3% | 25.5% |
Source: Merchants Bancorp SEC filings (10-K). 11 years of history available in the interactive view.
Explore 11 years of Merchants Bancorp financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track MBIN in your portfolio →
About Merchants Bancorp
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates, and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for housing development and healthcare facilities financing. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Merchants Bancorp — frequently asked questions
What is Merchants Bancorp's revenue?
Merchants Bancorp (MBIN) reported revenue of $681.45M for fiscal year 2025, up 1.6% from the prior year, according to its SEC filings.
Is Merchants Bancorp profitable?
Yes. MBIN earned net income of $173.55M in fiscal 2025, a net margin of 25.5%.
What is MBIN's P/E ratio?
Merchants Bancorp trades at a price-to-earnings ratio of about 12.1 based on the latest data in our nightly-refreshed cache.
Where does this data come from?
All figures are computed from Merchants Bancorp's official SEC filings (10-K and 10-Q), covering 11 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.