Merchants Bancorp reports $54.7 million net income for third quarter 2025

Merchants Bancorp reported net income of $54.7 million for the three months ended September 30, 2025, down from $61.3 million in the same period of 2024. For the nine months ended September 30, 2025, net income was $150.9 million, compared to $224.7 million a year earlier. The Banking segment’s net income for the quarter was $29.6 million, a decrease of 34% from $45.0 million in the prior year quarter, primarily due to an increase in provision for credit losses. Single-family residential loan volumes rose by 42% to $45.6 billion for the nine months ended September 30, 2025, outpacing the industry’s 20% increase for the same period, according to the Mortgage Bankers Association. As of September 30, 2025, Merchants Bancorp and Merchants Bank remained well capitalized under regulatory requirements. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merchants Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-108470), on November 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here