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Merchants Bancorp MBIN
Merchants Bancorp financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | — | — | $629.7M | $162.3M | $33.9M | $58.6M | $89.7M | $50.6M | $27.8M | $19.0M |
| Income tax | $45.0M | $102.3M | $68.7M | $71.4M | $77.8M | $62.8M | $24.8M | $21.2M | $22.5M | $21.7M |
| Net income | $218.8M | $320.4M | $279.2M | $219.7M | $227.1M | $180.5M | $77.3M | $62.9M | $54.7M | $33.1M |
| EPS (diluted) | $3.78 | $6.30 | $5.64 | $4.47 | $4.76 | $3.85 | $1.58 | $1.38 | $1.52 | $0.98 |
| Operating cash flow | -$341.2M | -$835.3M | -$356.4M | $975.8M | -$49.2M | -$874.9M | -$1.3B | $204.3M | -$175.9M | -$149.8M |
| Free cash flow | -$362.2M | -$853.7M | -$363.9M | $969.0M | -$52.9M | -$878.5M | -$1.3B | $195.1M | -$176.7M | -$151.0M |
| Cash & equivalents | — | — | — | $226.2M | $1.0B | $179.7M | $506.7M | $336.5M | $359.5M | $445.7M |
| Total assets | $19.4B | $18.8B | $17.0B | $12.6B | $11.3B | $9.6B | $6.4B | $3.9B | $3.4B | $2.7B |
| Total liabilities | $17.2B | $16.6B | $15.3B | $11.2B | $10.1B | $8.8B | $5.7B | $3.5B | $3.0B | $2.5B |
| Shareholders' equity | $2.3B | $2.2B | $1.7B | $1.5B | $1.2B | $810.6M | $653.7M | $421.2M | $367.5M | $206.3M |
Growth · year-over-year
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income growth | -31.7% | +14.7% | +27.1% | -3.3% | +25.8% | +133.5% | +23.0% | +15.0% | +65.1% | +16.7% |
| EPS growth | -40.0% | +11.7% | +26.2% | -6.1% | +23.6% | +143.7% | +14.5% | -9.2% | +55.1% | +8.9% |
| Free cash flow growth | — | — | -137.6% | — | — | — | -751.3% | — | — | -227.9% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.