Here are the 10-Q quarterly reports from Merchants Bancorp (MBINO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MBINO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MBINO filings page.
Merchants Bancorp reported total assets of $19.14 billion and deposits of $12.69 billion at June 30, 2025. Loans receivable totaled $10.52 billion (net of an allowance for credit losses on loans of $91.8 million), and loans held for sale rose to $4.106 billion. Cash and cash equivalents increased to $647.2 million from $476.6 million at year-end 2024.
For the three months ended June 30, 2025, net income was $37.98 million versus $76.39 million a year earlier; basic EPS declined to $0.60 from $1.50. The quarter included a $53.0 million provision for credit losses and noninterest expense of $77.34 million. Net interest income was essentially flat at $128.72 million and total noninterest income rose to $50.48 million, including a higher $23.34 million gain on sale of loans.