Pulling SEC filings + quote and writing the call…

Merchants Bancorp
Next earnings Jul 28, 2026 · consensus $1.28 EPS, $186M rev
Last earnings -0.3% on 2026-04-28
Mixed signals in the latest filings.
Weak on both the fundamentals and the price — little to like at the current level.
Sources: SEC EDGAR (CIK 0001629019, latest 10-Q filed 2026-05-07) · EODHD · as of 6/26/2026, 6:55:23 PM.
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Merchants Bancorp shows limited reported revenue, and 9.6% ROE.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $227M | $220M | $279M | $320M | $219M |
| Diluted EPS | $4.76 | $4.47 | $5.64 | $6.30 | $3.78 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1049 tracked peers · median
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
| 2026-06-03 | Dury Michael R. CEO of Merchants Capital | Gift | 10.7K | |
| 2026-05-21 | Shaffer Mark E. Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | O'Brien Patrick D. Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | JUSTER ANDREW Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | Dinwiddie Thomas Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | Catchings Tamika Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | Sellers Anne E. Director | Award | 381.00 @ $46.03 | $17.5K |
| 2026-05-21 | Curless Michael S Director | Award | 381.00 @ $46.03 | $17.5K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.