Merchants Bancorp Pref Share MBINN 6 Perp 04/01/26 C | 10-Q: FY2025 Q3 Revenue: USD 344.79 M

LB filings
2025.11.07 21:19
portai
I'm PortAI, I can summarize articles.

Revenue: As of FY2025 Q3, the actual value is USD 344.79 M.

EPS: As of FY2025 Q3, the actual value is USD 0.97.

EBIT: As of FY2025 Q3, the actual value is USD -63.48 M.

Multi-family Mortgage Banking

  • Net Interest Income: $1.1 million
  • Provision for Credit Losses: - $5,000
  • Net Interest Income After Provision for Credit Losses: $1.1 million
  • Noninterest Income: $45.3 million
  • Noninterest Expense: $31.0 million
  • Income Before Income Taxes: $15.4 million
  • Net Income: $12.1 million
  • Total Assets: $513.0 million

Mortgage Warehousing

  • Net Interest Income: $35.8 million
  • Provision for Credit Losses: $1.3 million
  • Net Interest Income After Provision for Credit Losses: $34.4 million
  • Noninterest Income: $523,000
  • Noninterest Expense: $7.4 million
  • Income Before Income Taxes: $27.5 million
  • Net Income: $23.6 million
  • Total Assets: $6.99 billion

Banking

  • Net Interest Income: $86.7 million
  • Provision for Credit Losses: $27.9 million
  • Net Interest Income After Provision for Credit Losses: $58.8 million
  • Noninterest Income: $775,000
  • Noninterest Expense: $25.4 million
  • Income Before Income Taxes: $34.2 million
  • Net Income: $29.6 million
  • Total Assets: $11.52 billion

Other

  • Net Interest Income: $4.5 million
  • Provision for Credit Losses: $0
  • Net Interest Income After Provision for Credit Losses: $4.5 million
  • Noninterest Income: - $3.5 million
  • Noninterest Expense: $13.5 million
  • Income Before Income Taxes: - $12.5 million
  • Net Income: - $10.5 million
  • Total Assets: $325.4 million

Total

  • Net Interest Income: $128.1 million
  • Provision for Credit Losses: $29.2 million
  • Net Interest Income After Provision for Credit Losses: $98.8 million
  • Noninterest Income: $43.0 million
  • Noninterest Expense: $77.3 million
  • Income Before Income Taxes: $64.6 million
  • Net Income: $54.7 million
  • Total Assets: $19.35 billion

Significant Non-Cash Items

  • Servicing Rights Fair Value Adjustments: $2.1 million
  • Derivative Fair Value Adjustments: - $770,000
Source: LB filings The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.