Merchants Bancorp
MBINNASDAQFinancial Services● Active
$48.05
+$0.54(+1.14%)
Market Cap$2.2B
P/E Ratio—
52W High$50.255
52W Low$28.75
Merchants Bancorp (MBIN) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
MBIN · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: Apr 28, 2026EPS Actual
$1.25
Est. $1.16 · +7.8%
Revenue
$0.18B
Est. $0.17B · +0.5%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
Apr 28, 2026
After Market Close
▲ Beat EPS✓ 3-Quarter EPS Beat Streak
MBIN reports quarterly as a NASDAQ-listed Banks - Regional company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Jul 27, 2026 | $1.25 | — | — | — | $0.18B | — |
| ▲ Q2 FY2026 | Apr 28, 2026 | $1.16 | $1.25 | +7.8% | $0.18B | $0.17B | +0.5% |
| ▲ Q1 FY2026 | Jan 28, 2026 | $0.94 | $1.28 | +36.2% | $0.19B | $0.17B | +8.5% |
| ▲ Q4 FY2025 | Oct 28, 2025 | $0.79 | $0.97 | +22.8% | $0.17B | $0.17B | -3.0% |
| ▼ Q3 FY2025 | Jul 28, 2025 | $1.12 | $0.60 | -46.4% | $0.18B | $0.16B | +8.1% |
| ▼ Q2 FY2025 | Apr 28, 2025 | $1.25 | $0.93 | -25.6% | $0.15B | $0.18B | -17.5% |
| ▲ Q1 FY2025 | Jan 28, 2025 | $1.30 | $1.85 | +42.3% | $0.19B | $0.16B | +21.6% |
| ▼ Q4 FY2024 | Oct 28, 2024 | $1.42 | $1.17 | -17.6% | $0.15B | $0.16B | -7.0% |
Q3 FY2026
Jul 27, 2026
EPS Actual
—
EPS Est.
$1.25
EPS Surpr.
—
Revenue
—
Q2 FY2026
Apr 28, 2026Beat
EPS Actual
$1.25
EPS Est.
$1.16
EPS Surpr.
+7.8%
Revenue
$0.18B
Q1 FY2026
Jan 28, 2026Beat
EPS Actual
$1.28
EPS Est.
$0.94
EPS Surpr.
+36.2%
Revenue
$0.19B
Q4 FY2025
Oct 28, 2025Beat
EPS Actual
$0.97
EPS Est.
$0.79
EPS Surpr.
+22.8%
Revenue
$0.17B
Q3 FY2025
Jul 28, 2025Miss
EPS Actual
$0.60
EPS Est.
$1.12
EPS Surpr.
-46.4%
Revenue
$0.18B
Q2 FY2025
Apr 28, 2025Miss
EPS Actual
$0.93
EPS Est.
$1.25
EPS Surpr.
-25.6%
Revenue
$0.15B
Q1 FY2025
Jan 28, 2025Beat
EPS Actual
$1.85
EPS Est.
$1.30
EPS Surpr.
+42.3%
Revenue
$0.19B
Q4 FY2024
Oct 28, 2024Miss
EPS Actual
$1.17
EPS Est.
$1.42
EPS Surpr.
-17.6%
Revenue
$0.15B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $1.47 | $1.50 | $1.52 | 1 |
| Q3 FY2027 | $1.45 | $1.47 | $1.50 | 1 |
| Q2 FY2027 | $1.42 | $1.44 | $1.46 | 1 |
| Q1 FY2027 | $1.27 | $1.29 | $1.31 | 1 |
| Q4 FY2026 | $1.37 | $1.39 | $1.41 | 1 |
| Q3 FY2026 | $1.30 | $1.32 | $1.35 | 3 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $0.2B | $0.2B | $0.2B | 1 |
| Q3 FY2027 | $0.2B | $0.2B | $0.2B | 1 |
| Q2 FY2027 | $0.2B | $0.2B | $0.2B | 1 |
| Q1 FY2027 | $0.2B | $0.2B | $0.2B | 1 |
| Q4 FY2026 | $0.2B | $0.2B | $0.2B | 1 |
| Q3 FY2026 | $0.2B | $0.2B | $0.2B | 2 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | Apr 28, 2026 | +7.8% | $49.78 | $49.63 | -0.30% |
| ▲ Q1 FY2026 | Jan 28, 2026 | +36.2% | $35.33 | $34.95 | -1.08% |
| ▲ Q4 FY2025 | Oct 28, 2025 | +22.8% | $32.36 | $32.39 | +0.09% |
| ▼ Q3 FY2025 | Jul 28, 2025 | -46.4% | $34.69 | $35.06 | +1.07% |
| ▼ Q2 FY2025 | Apr 28, 2025 | -25.6% | $32.44 | $33.60 | +3.58% |
| ▲ Q1 FY2025 | Jan 28, 2025 | +42.3% | $40.47 | $39.76 | -1.75% |
| ▼ Q4 FY2024 | Oct 28, 2024 | -17.6% | $42.96 | $43.89 | +2.16% |
| ▼ Q3 FY2024 | Jul 29, 2024 | -5.1% | $52.59 | $52.10 | -0.93% |
Q2 FY2026-0.30%
Report Date
Apr 28, 2026
EPS Beat/Miss
+7.8%
Price Before
$49.78
Price After
$49.63
Q1 FY2026-1.08%
Report Date
Jan 28, 2026
EPS Beat/Miss
+36.2%
Price Before
$35.33
Price After
$34.95
Q4 FY2025+0.09%
Report Date
Oct 28, 2025
EPS Beat/Miss
+22.8%
Price Before
$32.36
Price After
$32.39
Q3 FY2025+1.07%
Report Date
Jul 28, 2025
EPS Beat/Miss
-46.4%
Price Before
$34.69
Price After
$35.06
Q2 FY2025+3.58%
Report Date
Apr 28, 2025
EPS Beat/Miss
-25.6%
Price Before
$32.44
Price After
$33.60
Q1 FY2025-1.75%
Report Date
Jan 28, 2025
EPS Beat/Miss
+42.3%
Price Before
$40.47
Price After
$39.76
Q4 FY2024+2.16%
Report Date
Oct 28, 2024
EPS Beat/Miss
-17.6%
Price Before
$42.96
Price After
$43.89
Q3 FY2024-0.93%
Report Date
Jul 29, 2024
EPS Beat/Miss
-5.1%
Price Before
$52.59
Price After
$52.10
Avg Beat Reaction-0.76%
Avg Miss Reaction+1.47%
Beat Rate4 / 8 quarters
Largest Move+3.58% (Q2 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: MBIN ends December
Merchants Bancorp (MBIN) most recently reported earnings on April 28, 2026 for Q2 FY2026, posting EPS of $1.25 — beating the analyst consensus of $1.16 by +7.8%. MBIN has beaten EPS estimates for 3 consecutive quarters. The next MBIN earnings date is expected around September 1, 2026.
Each quarter, investors track MBIN earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. MBIN revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
MBIN's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
MBIN earnings · 5 questionsMerchants Bancorp's next earnings report is expected around September 1, 2026. MBIN typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; MBIN historically reports after market close (AMC).
MBIN earnings datewhen is MBIN earningsMBIN next earnings datewhen does MBIN report earningsMBIN earnings calendar
▸ Source: FMP · Merchants Bancorp SEC filings · US GAAP · Merchants Bancorp SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026