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MB

MBIN

Market Closed

Merchants Bancorp

NASDAQFinancial ServicesBanks - Regional
US
735 employees
CEO: Michael F. Petrie
Founded: 2017
$53.15
+$0.00(+NaN%)
Market Cap
2.44B
Beta
1.14
52W Range
N/A
Dividend Yield
0.79%
OverviewForecastsFundamentalMarket SentimentValuationOwnership
OverviewForecastsFundamentalMarket SentimentValuationOwnership
Financial Statements
Comprehensive breakdown of financial statements and performance metrics
Gross Margin
41.3%
-12.3%
CAGR: 7.5%

Profit after direct costs

Operating Margin
19.3%
-37.6%
CAGR: -3.6%

Core business profitability

Net Margin
16.0%
-31.7%
CAGR: -0.9%

Bottom line profitability

Revenue Growth
-5.7%
YoY
CAGR: 31.1%

Top line growth rate

Revenue Flow Analysis
Visual flow showing how MBIN allocates revenue across expenses and profit
Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin
41.3%
$563.69M
Operating Margin
19.3%
$263.80M
Net Margin
16.0%
$218.77M
Detailed Income Statement
Complete profit and loss breakdown with margin analysis and historical comparison
ItemTrend20212022202320242025YoY Change
Total Revenue
461.56M602.07M1.19B1.45B1.37B-5.7%
Cost of Revenue
(38.90M)(179.58M)(669.96M)(804.38M)(801.55M)-0.4%
Gross Profit
422.66M422.49M519.10M642.69M563.69M-12.3%
Operating Expenses
Research & Development
——————
Selling, General & Administrative
(88.42M)(92.55M)(121.76M)(156.88M)(177.19M)12.9%
General & Administrative
(88.42M)(92.55M)(121.76M)(156.88M)(177.19M)12.9%
Depreciation & Amortization
(2.19M)(2.48M)(2.85M)(3.01M)(3.46M)15.0%
Operating Income (EBIT)
304.93M291.14M347.91M422.64M263.80M-37.6%
Non-Operating Items
Interest Income
311.89M480.83M1.08B1.30B1.20B-7.8%
Interest Expense
(33.89M)(162.28M)(629.73M)(780.10M)(683.79M)-12.3%
Other Income/Expenses (Net)
——————
Income Before Tax
304.93M291.14M347.91M422.64M263.80M-37.6%
Income Tax Expense
(77.83M)(71.42M)(68.67M)(102.26M)(45.03M)-56.0%
Net Income
227.10M219.72M279.23M320.39M218.77M-31.7%
Per Share Metrics
Earnings Per Share (Basic)
$5$4$6$6$4-40.2%
Weighted Avg Shares Outstanding
43.17M43.16M43.22M44.85M45.87M2.3%
Weighted Avg Shares Outstanding (Diluted)
43.33M43.32M43.35M45.01M45.94M2.1%
EBITDA
307.12M293.63M350.76M425.66M267.26M-37.2%

Explore MBIN

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

MBIN in the Financial Services

Mid Cap
Financial Services

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Banks - Regional

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