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.
Revenue
$179.2M
Gross Profit
N/A
Operating Profit
$48.8M
Net Profit
$38.0M
Gross Margin
N/A
Operating Margin
27.3%
Net Margin
21.2%
YoY Growth
12.4%
EPS
$0.60
Merchants Bancorp Q2 FY2025 Financial Summary
Merchants Bancorp reported revenue of $179.2M (up 12.4% YoY) for Q2 FY2025, with a net profit of $38.0M (down 50.3% YoY) (21.2% margin).
Key Financial Metrics
| Total Revenue | $179.2M |
|---|---|
| Net Profit | $38.0M |
| Gross Margin | N/A |
| Operating Margin | 27.3% |
| Report Period | Q2 FY2025 |
Merchants Bancorp Annual Revenue by Year
Merchants Bancorp annual revenue history includes year-by-year totals (for example, 2025 revenue was $681.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $681.4M |
| 2024 | $670.7M |
| 2023 | $448.1M |
| 2022 | $318.6M |
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 |