---
title: "Merchants Bancorp Pref Share MBINN 6 Perp 04/01/26 C | 8-K: FY2025 Q2 EPS: USD 0.6"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250469605.md"
datetime: "2025-07-28T20:31:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250469605.md)
  - [en](https://longbridge.com/en/news/250469605.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250469605.md)
generator: "portal-rs"
---

# Merchants Bancorp Pref Share MBINN 6 Perp 04/01/26 C | 8-K: FY2025 Q2 EPS: USD 0.6

EPS: As of FY2025 Q2, the actual value is USD 0.6.

EBIT: As of FY2025 Q2, the actual value is USD 48.84 M.

### Net Income

-   Second quarter 2025 net income was $38.0 million, a decrease of $38.4 million compared to the second quarter of 2024 and a decrease of $20.3 million compared to the first quarter of 2025.

### Provision for Credit Losses

-   The provision for credit losses increased by $43.1 million, or 432%, compared to the second quarter of 2024, and by $45.3 million, or 586%, compared to the first quarter of 2025.

### Noninterest Income

-   Noninterest income increased by $19.1 million, or 61%, compared to the second quarter of 2024, driven by a $12.2 million, or 109%, increase in gain on sale of loans and a $6.5 million, or 200%, increase in syndication and asset management fees.

### Noninterest Expense

-   Noninterest expense increased by $27.0 million, or 54%, compared to the second quarter of 2024, primarily due to a $15.2 million increase in salaries and employee benefits and a $7.1 million increase in other expenses related to taxes, insurance, and legal fees.

### Total Assets

-   Total assets as of June 30, 2025, were $19.1 billion, an increase of 2% compared to March 31, 2025, and December 31, 2024.

### Loans Receivable

-   Loans receivable were $10.4 billion, net of allowance for credit losses, an increase of $88.4 million, or 1%, compared to March 31, 2025, and an increase of $78.1 million compared to December 31, 2024.

### Core Deposits

-   Core deposits were $11.4 billion, an increase of $744.6 million, or 7%, compared to March 31, 2025, and an increase of $2.0 billion, or 22%, compared to December 31, 2024.

### Brokered Deposits

-   Brokered deposits were $1.3 billion, a decrease of $463.9 million, or 27%, compared to March 31, 2025, and a decrease of $1.3 billion, or 50%, compared to December 31, 2024.

### Liquidity

-   The company had $5.0 billion in unused borrowing capacity as of June 30, 2025, representing 26% of total assets.

### Outlook / Guidance

-   The company is optimistic about its future and confident that its strategies to address asset quality issues and enhance risk management practices will drive stability and growth.

### Related Stocks

- [MBINN.US](https://longbridge.com/en/quote/MBINN.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**