Merchants BancorpMBINEarnings & Financial Report
Ameris Bancorp is an American bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Ameris Bank, the company operates full-service branches in Georgia, Alabama, Florida, North Carolina and South Carolina, and mortgage-only locations in Georgia, Alabama, Florida, North Carolina, South Carolina, Virginia, Maryland, and Tennessee. The company offers online and mobile banking options for both consumers and businesses.
MBIN Q1 FY2026 Key Financial Metrics
Revenue
$175.2M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$67.7M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
38.6%
YoY Growth
N/A
EPS
$1.25
Merchants Bancorp Q1 FY2026 Financial Summary
Merchants Bancorp reported revenue of $175.2M for Q1 FY2026, with a net profit of $67.7M (up 16.3% YoY) (38.6% margin).
Key Financial Metrics
| Total Revenue | $175.2M |
|---|---|
| Net Profit | $67.7M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Merchants Bancorp Q1 FY2026 revenue of $175.2M breaks down across 2 segments, led by Net Interest Income at $128.6M (73.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Net Interest Income | $128.6M | 73.4% |
| Noninterest Income | $46.6M | 26.6% |
Merchants Bancorp Annual Revenue by Year
Merchants Bancorp annual revenue history includes year-by-year totals (for example, 2025 revenue was $681.4M).
Merchants Bancorp Quarterly Revenue & Net Profit History
Merchants Bancorp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $175.2M | — | $67.7M | 38.6% |
| Q4 FY2025 | $185.3M | -4.4% | N/A | N/A |
| Q3 FY2025 | $171.1M | +14.4% | $54.7M | 32.0% |
| Q2 FY2025 | $179.2M | +12.4% | $38.0M | 21.2% |
| Q1 FY2025 | $145.9M | -13.1% | $58.2M | 39.9% |
| Q4 FY2024 | $193.8M | +22.0% | N/A | N/A |
| Q3 FY2024 | $149.6M | -2.6% | $61.3M | 41.0% |
| Q2 FY2024 | $159.5M | +17.7% | $76.4M | 47.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $159.5M | $149.6M | $193.8M | $145.9M | $179.2M | $171.1M | $185.3M | $175.2M |
| YoY Growth | 17.7% | -2.6% | 22.0% | -13.1% | 12.4% | 14.4% | -4.4% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $18.21B | $18.65B | $18.81B | $18.80B | $19.14B | $19.35B | $19.45B | $20.32B |
| Liabilities | $16.32B | $16.71B | $16.56B | $16.64B | $16.96B | $17.13B | $17.17B | $17.99B |
| Equity | $1.89B | $1.94B | $2.24B | $2.16B | $2.18B | $2.23B | $2.28B | $2.33B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $51.1M | $-492.6M | $-835.3M | $148.0M | $-121.2M | $29.8M | $-341.2M |