Revenue: As of FY2025 Q3, the actual value is USD 171.07 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.<h3>Segment Revenue</h3><ul><li>Multi-family Mortgage Banking: Net income of $12.1 million for Q3 2025, compared to $9.3 million in Q2 2025 and $8.1 million in Q3 2024.</li><li>Mortgage Warehousing: Net income of $23.6 million for Q3 2025, compared to $23.0 million in Q2 2025 and $15.9 million in Q3 2024.</li><li>Banking: Net income of $29.6 million for Q3 2025, compared to $14.6 million in Q2 2025 and $45.0 million in Q3 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $54.7 million for Q3 2025, a decrease of $6.6 million (11%) compared to Q3 2024, but an increase of $16.7 million (44%) compared to Q2 2025.</li><li>Net Interest Income: $128.1 million for Q3 2025, a decrease of 4% compared to Q3 2024.</li><li>Noninterest Income: $43.0 million for Q3 2025, an increase of $26.3 million (157%) compared to Q3 2024.</li><li>Noninterest Expense: $77.3 million for Q3 2025, an increase of 26% compared to Q3 2024.</li></ul><h3>Cash Flow</h3><ul><li>Cash and Cash Equivalents: $598.0 million as of September 30, 2025, a decrease of $49.1 million (8%) compared to June 30, 2025, but an increase of $121.4 million (25%) compared to December 31, 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Tangible Book Value per Common Share: Reached a record-high of $36.31, an increase of 12% compared to $32.38 in Q3 2024 and 3% compared to $35.42 in Q2 2025.</li><li>Total Assets: $19.4 billion as of September 30, 2025, an increase of $213.4 million (1%) compared to June 30, 2025, and $548.9 million (3%) compared to December 31, 2024.</li></ul><h3>Outlook / Guidance</h3><ul><li>The company is confident in its ability to deliver sustainable performance and capitalize on additional market opportunities, supported by improved asset quality, strong liquidity, and core deposit growth.</li></ul>

Merchants Bankcorp Pref Shares MBIN 7.625 Perp 01/01/30 | 8-K: FY2025 Q3 Revenue: USD 171.07 M