For the quarter ended June 2026, Merchants Bancorp (MBIN) reported revenue of $182.22 million, up 1.7% over the same period last year. EPS came in at $1.48, compared to $0.60 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $181.98 million, representing a surprise of +0.13%. The company delivered an EPS surprise of +21.31%, with the consensus EPS estimate being $1.22.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Merchants Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Efficiency Ratio: 40.2% versus 42.1% estimated by three analysts on average.
  • Net interest margin: 2.8% versus the three-analyst average estimate of 2.9%.
  • Average Earning Assets: $19.46 billion compared to the $19.37 billion average estimate based on three analysts.
  • Tier I capital/risk-weighted assets Ratio: 12.1% versus the two-analyst average estimate of 12.6%.
  • Total capital/risk-weighted assets Ratio: 12.5% compared to the 13.1% average estimate based on two analysts.
  • Loan servicing fees, net: $11.99 million versus $6.92 million estimated by three analysts on average.
  • Syndication and asset management fees: $6.93 million versus $4.89 million estimated by three analysts on average.
  • Other income: $11.74 million versus $5.67 million estimated by three analysts on average.
  • Mortgage warehouse fees: $1.86 million compared to the $1.99 million average estimate based on three analysts.
  • Total Noninterest Income: $45.68 million versus the three-analyst average estimate of $41.64 million.
  • Gain on Sale of Loans: $13.16 million versus the three-analyst average estimate of $22.17 million.
  • Net Interest Income: $136.54 million versus the three-analyst average estimate of $140.36 million.

View all Key Company Metrics for Merchants Bancorp here>>>

Shares of Merchants Bancorp have returned -4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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Merchants Bancorp (MBIN): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research