Merchants Bancorp
MBINNASDAQFinancial Services● Active
$48.17
+$0.66(+1.39%)
Market Cap$2.2B
P/E Ratio—
52W High$50.255
52W Low$28.75
Merchants Bancorp (MBIN) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · MBIN · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.37B | $1.45B | $1.19B | $0.60B | $0.46B |
| Cost of Revenue | $0.80B | $0.80B | $0.67B | $0.18B | $0.04B |
| Gross Profit | $0.56B | $0.64B | $0.52B | $0.42B | $0.42B |
| Gross Margin %(computed) | 41.29% | 44.41% | 43.66% | 70.17% | 91.57% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.18B | $0.16B | $0.12B | $0.09B | $0.09B |
| Total Operating Expenses | $0.30B | $0.22B | $0.17B | $0.13B | $0.12B |
| Operating Income | $0.26B | $0.42B | $0.35B | $0.29B | $0.30B |
| Operating Margin %(computed) | 19.32% | 29.21% | 29.26% | 48.36% | 66.06% |
| Interest Income | $1.20B | $1.30B | $1.08B | $0.48B | $0.31B |
| Interest Expense | $0.68B | $0.78B | $0.63B | $0.16B | $0.03B |
| Income Before Tax | $0.26B | $0.42B | $0.35B | $0.29B | $0.30B |
| Income Tax Expense | $0.05B | $0.10B | $0.07B | $0.07B | $0.08B |
| Net Income | $0.22B | $0.32B | $0.28B | $0.22B | $0.23B |
| Net Margin %(computed) | 16.02% | 22.14% | 23.48% | 36.49% | 49.20% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $3.78 | $6.32 | $5.66 | $4.49 | $4.78 |
| Wtd Avg Shares | 0.05B | 0.04B | 0.04B | 0.04B | 0.04B |
| EBITDA | $0.27B | $0.43B | $0.35B | $0.29B | $0.31B |
| EBITDA Margin %(computed) | 19.58% | 29.42% | 29.50% | 48.77% | 66.54% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Merchants Bancorp (MBIN) Income Statement
Merchants Bancorp (MBIN) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, MBIN reported revenue of $1.37B, gross profit of $0.56B (gross margin 41.29%), and net income of $0.22B — a net profit margin of 16.02%.
Frequently asked questions
MBIN · 4 questionsMerchants Bancorp (MBIN) reported revenue of $1.37B for 2025, down 5.7% year-over-year.
MBIN revenueMBIN salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08