Merchants Bancorp Detailed Financials

Full historical quarterly statements

Metric	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	339.8M	317.1M	354.7M	343.5M	353.7M	310.1M	379.8M	354.6M
Cost of Goods Sold	166.7M	157.2M	197.1M	203.0M	228.7M	172.7M	189.4M	213.0M
Gross Profit	173.0M	159.9M	157.5M	140.6M	125.0M	137.4M	190.4M	141.6M
R&D Expenses	0	0	0	0	0	0	0	0
Operating Expenses	73.2M	75.6M	83.6M	76.0M	76.2M	60.9M	62.5M	60.2M
Operating Income	-84.3M	84.3M	73.9M	64.6M	48.8M	76.5M	127.9M	81.3M
Other Income / Gains	184.1M	0	0	0	0	0	0	0
Net Income	78.3M	67.7M	67.8M	54.7M	38.0M	58.2M	95.7M	61.3M
EPS (Diluted)	1.48	1.25	1.28	0.97	0.60	0.93	1.86	1.17
Reported Currency	USD	USD	USD	USD	USD	USD	USD	USD
Gross Profit Ratio	0.509	0.504	0.444	0.409	0.353	0.443	0.501	0.399
General And Administrative Expenses	3.3M	2.8M	45.8M	53.5M	3.2M	43.6M	44.0M	44.2M
Selling And Marketing Expenses	0	0	0	0	0	0	0	0
Selling General And Administrative Expenses	3.3M	2.8M	45.8M	53.5M	3.2M	43.6M	44.0M	44.2M
Other Expenses	69.9M	72.9M	37.9M	22.5M	73.0M	17.2M	18.5M	16.0M
Cost And Expenses	240.0M	232.8M	280.8M	278.9M	304.9M	233.6M	251.9M	273.2M
Interest Income	294.1M	270.5M	307.5M	301.8M	304.4M	287.2M	321.3M	338.9M
Interest Expense	157.5M	141.9M	169.4M	173.7M	175.7M	165.0M	186.7M	206.1M
Depreciation And Amortization	0	1.4M	1.2M	765K	770K	770K	760K	783K
Ebitda	-84.3M	85.7M	75.0M	65.3M	49.6M	77.3M	128.6M	82.1M
Ebitdaratio	-0.248	0.27	0.212	0.19	0.14	0.249	0.339	0.232
Operating Income Ratio	-0.248	0.266	0.208	0.188	0.138	0.247	0.337	0.229
Income Before Tax	99.8M	84.3M	73.9M	64.6M	48.8M	76.5M	127.9M	81.3M
Income Before Tax Ratio	0.294	0.266	0.208	0.188	0.138	0.247	0.337	0.229
Income Tax Expense	21.5M	16.6M	6.0M	9.9M	10.9M	18.3M	32.2M	20.1M
Net Income Ratio	0.23	0.214	0.191	0.159	0.107	0.188	0.252	0.173
Epsdiluted	1.48	1.25	1.28	0.97	0.60	0.93	1.85	1.17
Weighted Average Shs Out	45.9M	45.9M	45.9M	45.9M	45.9M	45.8M	45.8M	45.8M
Weighted Average Shs Out Dil	46.0M	46.0M	46.0M	45.9M	45.9M	45.9M	45.9M	45.9M