Merchants Bancorp (MBIN)

USD 33.24

(-0.39%)

Net Income Summary of Merchants Bancorp

  • Merchants Bancorp's latest annual net income in 2023 was 279.23 Million USD , up 27.09% from previous year.
  • Merchants Bancorp's latest quarterly net income in 2024 Q3 was 61.27 Million USD , down -19.79% from previous quarter.
  • Merchants Bancorp reported an annual net income of 219.72 Million USD in 2022, down -3.25% from previous year.
  • Merchants Bancorp reported an annual net income of 227.1 Million USD in 2021, up 25.8% from previous year.
  • Merchants Bancorp reported a quarterly net income of 61.27 Million USD for 2024 Q3, down -19.79% from previous quarter.
  • Merchants Bancorp reported a quarterly net income of 87.05 Million USD for 2024 Q1, up 12.37% from previous quarter.

Annual Net Income Chart of Merchants Bancorp (2023 - 2015)

Historical Annual Net Income of Merchants Bancorp (2023 - 2015)

Year Net Income Net Income Growth
2023 279.23 Million USD 27.09%
2022 219.72 Million USD -3.25%
2021 227.1 Million USD 25.8%
2020 180.53 Million USD 133.46%
2019 77.32 Million USD 22.99%
2018 62.87 Million USD 14.98%
2017 54.68 Million USD 65.07%
2016 33.12 Million USD 16.71%
2015 28.38 Million USD 0.0%

Peer Net Income Comparison of Merchants Bancorp

Name Net Income Net Income Difference
Heritage Financial Corporation 61.75 Million USD -352.164%
LCNB Corp. 12.62 Million USD -2111.229%
Medallion Bank 79.85 Million USD -249.689%
MidWestOne Financial Group, Inc. 20.85 Million USD -1238.674%
Amerant Bancorp Inc. 32.49 Million USD -759.446%
Northrim BanCorp, Inc. 25.39 Million USD -999.606%
Northwest Bancshares, Inc. 134.95 Million USD -106.906%
Old National Bancorp 581.99 Million USD 52.021%
OP Bancorp 23.91 Million USD -1067.464%
Pioneer Bancorp, Inc. 15.26 Million USD -1729.843%
Peoples Bancorp Inc. 113.36 Million USD -146.318%
Peoples Financial Services Corp. 27.38 Million USD -919.847%
Pinnacle Financial Partners, Inc. 562.15 Million USD 50.328%
Republic Bancorp, Inc. 90.37 Million USD -208.976%
Richmond Mutual Bancorporation, Inc. 9.48 Million USD -2843.384%
Red River Bancshares, Inc. 34.87 Million USD -700.579%
BayCom Corp 27.42 Million USD -918.173%
Riverview Bancorp, Inc. 3.79 Million USD -7250.197%
Burke & Herbert Bank & Trust Company 22.69 Million USD -1130.539%
Shore Bancshares, Inc. 11.22 Million USD -2386.943%
Southern Missouri Bancorp, Inc. 50.18 Million USD -456.443%
Brookline Bancorp, Inc. 74.99 Million USD -272.317%
Territorial Bancorp Inc. 5.02 Million USD -5454.685%
Texas Capital Bancshares, Inc. 189.14 Million USD -47.633%
Capital Bancorp, Inc. 35.87 Million USD -678.439%
William Penn Bancorporation 168 Thousand USD -166110.714%
WesBanco, Inc. 159.03 Million USD -75.584%
Waterstone Financial, Inc. 9.37 Million USD -2878.496%
Wintrust Financial Corporation 622.62 Million USD 55.152%
Zions Bancorporation, National Association 642 Million USD 56.506%
The First Bancshares, Inc. 75.45 Million USD -270.057%
First Community Corporation 11.84 Million USD -2257.798%
First Guaranty Bancshares, Inc. 9.21 Million USD -2928.897%
First Interstate BancSystem, Inc. 257.5 Million USD -8.44%
FinWise Bancorp 17.46 Million USD -1499.278%
Fifth Third Bancorp 2.34 Billion USD 88.113%
Farmers & Merchants Bancorp, Inc. 22.78 Million USD -1125.409%
First United Corporation 15.06 Million USD -1754.143%
Hope Bancorp, Inc. 133.67 Million USD -108.893%
MainStreet Bancshares, Inc. 26.58 Million USD -950.344%
Landmark Bancorp, Inc. 12.23 Million USD -2182.069%
Flushing Financial Corporation 28.66 Million USD -874.163%
Pinnacle Financial Partners, Inc. 562.15 Million USD 50.328%
FS Bancorp, Inc. 36.05 Million USD -674.51%
Renasant Corporation 144.67 Million USD -93.004%
TFS Financial Corporation 79.58 Million USD -250.849%
First Financial Corporation 60.67 Million USD -360.235%
United Security Bancshares 19.79 Million USD -1310.558%
USCB Financial Holdings, Inc. 16.54 Million USD -1587.724%
Valley National Bancorp 498.51 Million USD 43.986%
WSFS Financial Corporation 269.15 Million USD -3.744%
Auburn National Bancorporation, Inc. 1.39 Million USD -19916.774%
Cullman Bancorp, Inc. 3.95 Million USD -6963.85%
Columbia Banking System, Inc. 348.71 Million USD 19.925%
Fidelity D & D Bancorp, Inc. 18.21 Million USD -1433.41%
First Guaranty Bancshares, Inc. 9.21 Million USD -2928.897%
Merchants Bancorp 279.23 Million USD 0.0%
Mid Penn Bancorp, Inc. 37.39 Million USD -646.675%
NBT Bancorp Inc. 118.78 Million USD -135.081%
Southern California Bancorp 25.91 Million USD -977.707%
Civista Bancshares, Inc. 42.96 Million USD -549.926%
Simmons First National Corporation 175.05 Million USD -59.51%
HomeStreet, Inc. -27.5 Million USD 1115.101%
MVB Financial Corp. 19.43 Million USD -1336.98%
CrossFirst Bankshares, Inc. 66.66 Million USD -318.836%
First Mid Bancshares, Inc. 68.93 Million USD -305.069%
Veritex Holdings, Inc. 108.26 Million USD -157.927%
Independent Bank Corp. 239.5 Million USD -16.589%
Kearny Financial Corp. -86.66 Million USD 422.192%
HarborOne Bancorp, Inc. 16.07 Million USD -1636.854%
NB Bancorp, Inc. Common Stock 9.82 Million USD -2742.076%
OptimumBank Holdings, Inc. 6.28 Million USD -4344.278%
Univest Financial Corporation 71.1 Million USD -292.712%
Bank OZK 690.78 Million USD 59.577%
OceanFirst Financial Corp. 104.02 Million USD -168.419%
The Bank of Princeton 25.76 Million USD -983.773%
Provident Bancorp, Inc. 10.95 Million USD -2449.151%
Mercantile Bank Corporation 82.21 Million USD -239.63%
Premier Financial Corp. 104.55 Million USD -167.077%
Citizens Financial Services, Inc. 17.81 Million USD -1467.761%
Oconee Federal Financial Corp. 6.25 Million USD -4367.744%
First Financial Northwest, Inc. 6.3 Million USD -4328.771%
ESSA Bancorp, Inc. 16.99 Million USD -1543.326%
First Western Financial, Inc. 5.22 Million USD -5244.191%
Triumph Financial, Inc. 41.08 Million USD -579.716%
QCR Holdings, Inc. 113.55 Million USD -145.895%
ChoiceOne Financial Services, Inc. 21.26 Million USD -1213.362%
Blue Foundry Bancorp -7.39 Million USD 3874.963%
Huntington Bancshares Incorporated 1.95 Billion USD 85.688%
First Bank 20.89 Million USD -1236.24%
Five Star Bancorp 47.73 Million USD -484.979%
Financial Institutions, Inc. 50.26 Million USD -455.535%
CF Bankshares Inc. 16.93 Million USD -1548.663%
United Bankshares, Inc. 366.31 Million USD 23.772%
Capital City Bank Group, Inc. 52.25 Million USD -434.337%
RBB Bancorp 42.46 Million USD -557.563%
Southern States Bancshares, Inc. 31.95 Million USD -773.917%
Northeast Bank 58.23 Million USD -379.528%
Hawthorn Bancshares, Inc. 956 Thousand USD -29108.577%
SmartFinancial, Inc. 28.59 Million USD -876.582%
AmeriServ Financial, Inc. -3.34 Million USD 8445.308%
FFBW, Inc. 1.5 Million USD -18404.573%
Sandy Spring Bancorp, Inc. 122.84 Million USD -127.308%
Citizens & Northern Corporation 24.14 Million USD -1056.344%
Preferred Bank 150.04 Million USD -86.106%
Primis Financial Corp. -7.83 Million USD 3665.296%
Union Bankshares, Inc. 11.25 Million USD -2380.537%
CNB Financial Corporation 58.02 Million USD -381.272%
Sound Financial Bancorp, Inc. 7.43 Million USD -3653.65%
Fulton Financial Corporation 284.28 Million USD 1.775%
Generations Bancorp NY, Inc. -1.56 Million USD 17919.655%
Ames National Corporation 10.81 Million USD -2481.437%
United Bancorp, Inc. 8.95 Million USD -3019.933%
SB Financial Group, Inc. 12.09 Million USD -2208.673%
Wintrust Financial Corporation 622.62 Million USD 55.152%
Hanmi Financial Corporation 80.04 Million USD -248.864%
Commerce Bancshares, Inc. 477.06 Million USD 41.468%
BOK Financial Corporation 530.74 Million USD 47.388%
Southern First Bancshares, Inc. 13.42 Million USD -1979.8%
Middlefield Banc Corp. 17.36 Million USD -1507.75%
Eagle Bancorp Montana, Inc. 10.05 Million USD -2676.79%
Coastal Financial Corporation 44.57 Million USD -526.38%
Glen Burnie Bancorp 1.42 Million USD -19440.518%
Northfield Bancorp, Inc. (Staten Island, NY) 37.66 Million USD -641.283%
CNB Financial Corporation 58.02 Million USD -381.272%
Investar Holding Corporation 16.67 Million USD -1574.265%
West Bancorporation, Inc. 24.13 Million USD -1056.871%
Plumas Bancorp 29.77 Million USD -837.782%
Eagle Bancorp, Inc. 100.53 Million USD -177.751%
SR Bancorp, Inc. Common stock -10.86 Million USD 2671.215%
Columbia Financial, Inc. 36.08 Million USD -673.801%
First Community Bankshares, Inc. 48.02 Million USD -481.495%
Pathfinder Bancorp, Inc. 9.29 Million USD -2904.778%
Popular, Inc. 541.34 Million USD 48.418%
TowneBank 153.71 Million USD -81.657%
Arrow Financial Corporation 30.07 Million USD -828.459%
Colony Bankcorp, Inc. 21.74 Million USD -1184.012%
Trustmark Corporation 165.48 Million USD -68.733%
Wintrust Financial Corporation 622.62 Million USD 55.152%
Finward Bancorp 8.38 Million USD -3232.148%
Provident Financial Holdings, Inc. 7.35 Million USD -3698.585%
Eastern Bankshares, Inc. 232.17 Million USD -20.268%
Esquire Financial Holdings, Inc. 41.01 Million USD -580.876%
Bank First Corporation 74.51 Million USD -274.74%
Peapack-Gladstone Financial Corporation 48.85 Million USD -471.568%
Camden National Corporation 43.38 Million USD -543.648%
Stock Yards Bancorp, Inc. 107.74 Million USD -159.155%
BCB Bancorp, Inc. 29.48 Million USD -847.102%
Oak Valley Bancorp 30.84 Million USD -805.193%
Summit State Bank 10.82 Million USD -2480.244%
MainStreet Bancshares, Inc. 26.58 Million USD -950.344%
C&F Financial Corporation 23.6 Million USD -1082.994%
Valley National Bancorp 498.51 Million USD 43.986%
SHF Holdings, Inc. -17.27 Million USD 1715.952%
Bridgewater Bancshares, Inc. 39.96 Million USD -598.784%
Westamerica Bancorporation 161.76 Million USD -72.614%
Chemung Financial Corporation 25 Million USD -1016.936%
Hancock Whitney Corporation 392.6 Million USD 28.876%
Fifth Third Bancorp 2.34 Billion USD 88.113%
Sierra Bancorp 34.84 Million USD -701.383%
ACNB Corporation 31.68 Million USD -781.198%
City Holding Company 114.36 Million USD -144.16%
Rhinebeck Bancorp, Inc. 4.39 Million USD -6253.447%
Enterprise Financial Services Corp 194.05 Million USD -43.891%
PB Bankshares, Inc. 1.91 Million USD -14451.016%
Ponce Financial Group, Inc. 3.35 Million USD -8230.37%
Guaranty Bancshares, Inc. 30.03 Million USD -829.633%
Broadway Financial Corporation 4.51 Million USD -6085.955%
Lake Shore Bancorp, Inc. 4.82 Million USD -5693.237%
Affinity Bancshares, Inc. 6.44 Million USD -4230.552%
Business First Bancshares, Inc. 71.04 Million USD -293.049%
Amalgamated Financial Corp. 87.97 Million USD -217.391%
German American Bancorp, Inc. 85.88 Million USD -225.114%
Citizens Community Bancorp, Inc. 13.05 Million USD -2038.249%
Meridian Corporation 13.24 Million USD -2008.54%
Capitol Federal Financial, Inc. 38.01 Million USD -634.633%
Old Second Bancorp, Inc. 91.72 Million USD -204.412%
First National Corporation 9.62 Million USD -2801.434%
Huntington Bancshares Incorporated 1.95 Billion USD 85.688%
Western New England Bancorp, Inc. 15.06 Million USD -1753.159%
Hingham Institution for Savings 26.37 Million USD -958.868%
CFSB Bancorp, Inc. 33 Thousand USD -846063.636%
Old National Bancorp 581.99 Million USD 52.021%
Bank7 Corp. 28.27 Million USD -887.565%
Carver Bancorp, Inc. -2.97 Million USD 9479.711%
Fifth Third Bancorp 2.34 Billion USD 88.113%
Bank OZK 690.78 Million USD 59.577%
Hanover Bancorp, Inc. 15.16 Million USD -1741.427%
OceanFirst Financial Corp. 104.02 Million USD -168.419%
Fulton Financial Corporation 284.28 Million USD 1.775%
Equity Bancshares, Inc. 7.82 Million USD -3470.311%
Ameris Bancorp 269.1 Million USD -3.764%
Pathward Financial, Inc. 166.81 Million USD -67.389%
Independent Bank Group, Inc. 43.2 Million USD -546.36%
Bank of Marin Bancorp 19.89 Million USD -1303.539%
Carter Bankshares, Inc. 23.38 Million USD -1094.124%
First Citizens BancShares, Inc. 11.46 Billion USD 97.565%
1st Source Corporation 124.92 Million USD -123.518%
BancFirst Corporation 212.46 Million USD -31.426%
Huntington Bancshares Incorporated 1.95 Billion USD 85.688%
South Plains Financial, Inc. 62.74 Million USD -345.03%
Old National Bancorp 581.99 Million USD 52.021%
Independent Bank Corporation 59.06 Million USD -372.741%
S&T Bancorp, Inc. 144.78 Million USD -92.866%
PCB Bancorp 30.7 Million USD -809.409%
Parke Bancorp, Inc. 28.46 Million USD -881.077%
Bogota Financial Corp. 642.53 Thousand USD -43358.177%
Pacific Premier Bancorp, Inc. 30.85 Million USD -805.076%
Catalyst Bancorp, Inc. 602 Thousand USD -46284.385%
SHF Holdings, Inc. -17.27 Million USD 1715.952%
BayFirst Financial Corp. 5.7 Million USD -4797.124%
Patriot National Bancorp, Inc. -4.17 Million USD 6781.838%
MetroCity Bankshares, Inc. 51.61 Million USD -441.015%
First Capital, Inc. 12.79 Million USD -2083.221%
Peoples Bancorp of North Carolina, Inc. 15.54 Million USD -1696.179%
Mid-Southern Bancorp, Inc. 1.45 Million USD -19078.159%
Texas Capital Bancshares, Inc. 189.14 Million USD -47.633%
Orrstown Financial Services, Inc. 35.66 Million USD -682.98%
First Hawaiian, Inc. 234.98 Million USD -18.832%
First Merchants Corporation 223.78 Million USD -24.777%
Signature Bank 1.33 Billion USD 79.116%
Enterprise Bancorp, Inc. 38.05 Million USD -633.706%
TriCo Bancshares 117.39 Million USD -137.869%
First Business Financial Services, Inc. 37.02 Million USD -654.136%
Zions Bancorporation, National Association 642 Million USD 56.506%
Midland States Bancorp, Inc. 75.46 Million USD -270.042%
First Financial Bankshares, Inc. 198.97 Million USD -40.335%
Merchants Bancorp 279.23 Million USD 0.0%
Tectonic Financial, Inc. 13.66 Million USD -1943.126%
First US Bancshares, Inc. 8.48 Million USD -3190.913%
The Bancorp, Inc. 192.29 Million USD -45.211%
Merchants Bancorp 279.23 Million USD 0.0%
Alerus Financial Corporation 11.69 Million USD -2287.432%
Old Point Financial Corporation 7.73 Million USD -3512.342%
ConnectOne Bancorp, Inc. 87 Million USD -220.948%
John Marshall Bancorp, Inc. 5.15 Million USD -5313.61%
First Bancorp 104.13 Million USD -168.156%
Community West Bancshares 25.53 Million USD -993.492%
The First Bancorp, Inc. 29.51 Million USD -845.979%
Farmers National Banc Corp. 49.93 Million USD -459.229%
First Internet Bancorp - Fixed- 8.41 Million USD -3217.5%
International Bancshares Corporation 411.76 Million USD 32.187%
Washington Federal, Inc. 200.04 Million USD -39.588%
Bridgewater Bancshares, Inc. 39.96 Million USD -598.784%
Bank of the James Financial Group, Inc. 8.7 Million USD -3108.111%
Valley National Bancorp 498.51 Million USD 43.986%
Lakeland Financial Corporation 93.76 Million USD -197.796%
The First of Long Island Corporation 26.23 Million USD -964.195%
CVB Financial Corp. 221.43 Million USD -26.102%
Orange County Bancorp, Inc. 29.47 Million USD -847.262%
Heritage Commerce Corp 64.44 Million USD -333.304%
First Financial Bancorp. 255.86 Million USD -9.134%
National Bankshares, Inc. 15.69 Million USD -1679.581%
Virginia National Bankshares Corporation 19.26 Million USD -1349.587%
TrustCo Bank Corp NY 58.64 Million USD -376.135%
First Busey Corporation 122.56 Million USD -127.825%
Dime Community Bancshares, Inc. 96.09 Million USD -190.584%
Triumph Financial, Inc. 41.08 Million USD -579.716%
Zions Bancorporation, National Association 642 Million USD 56.506%
Greene County Bancorp, Inc. 24.76 Million USD -1027.353%
WesBanco, Inc. 159.03 Million USD -75.584%
Midland States Bancorp, Inc. 75.46 Million USD -270.042%
Huntington Bancshares Incorporated 1.95 Billion USD 85.688%
NSTS Bancorp, Inc. -3.95 Million USD 7156.71%
Dime Community Bancshares, Inc. 96.09 Million USD -190.584%
UMB Financial Corporation 350.02 Million USD 20.224%
1895 Bancorp of Wisconsin, Inc. -6.79 Million USD 4211.219%
Home Federal Bancorp, Inc. of Louisiana 3.59 Million USD -7671.611%
Timberland Bancorp, Inc. 24.28 Million USD -1049.916%
Cathay General Bancorp 354.12 Million USD 21.148%
HomeTrust Bancshares, Inc. 49.64 Million USD -462.495%
CB Financial Services, Inc. 22.55 Million USD -1138.288%
First Savings Financial Group, Inc. 13.59 Million USD -1954.4%
HBT Financial, Inc. 65.84 Million USD -324.097%
Kentucky First Federal Bancorp -1.72 Million USD 16325.102%
Fifth Third Bancorp 2.34 Billion USD 88.113%
FVCBankcorp, Inc. 3.82 Million USD -7205.965%
Magyar Bancorp, Inc. 7.78 Million USD -3487.743%
Heartland Financial USA, Inc. 79.92 Million USD -249.392%
First Merchants Corporation 223.78 Million USD -24.777%
Third Coast Bancshares, Inc. 33.4 Million USD -736.005%
ECB Bancorp, Inc. 4.45 Million USD -6166.472%
Republic First Bancorp, Inc. 25.17 Million USD -1009.128%
Heartland Financial USA, Inc. 79.92 Million USD -249.392%
Unity Bancorp, Inc. 39.7 Million USD -603.236%
Franklin Financial Services Corporation 13.59 Million USD -1953.493%
SouthState Corporation 494.3 Million USD 43.51%
Bankwell Financial Group, Inc. 36.66 Million USD -661.623%
Banner Corporation 183.62 Million USD -52.068%
Hancock Whitney Corporation - 6 392.6 Million USD 28.876%
Washington Federal, Inc. 200.04 Million USD -39.588%
Sterling Bancorp, Inc. (Southfield, MI) 7.41 Million USD -3666.815%
Stellar Bancorp, Inc. 130.49 Million USD -113.977%
Atlantic Union Bankshares Corporation 201.81 Million USD -38.359%
Great Southern Bancorp, Inc. 67.8 Million USD -311.85%
ConnectOne Bancorp, Inc. 87 Million USD -220.948%
First Citizens BancShares, Inc. 11.46 Billion USD 97.565%
Norwood Financial Corp. 16.75 Million USD -1566.173%
First Citizens BancShares, Inc. 11.46 Billion USD 97.565%
Enterprise Financial Services Corp 194.05 Million USD -43.891%
First Foundation Inc. -199.06 Million USD 240.273%
Seacoast Banking Corporation of Florida 104.03 Million USD -168.409%
Northeast Community Bancorp, Inc. 46.27 Million USD -503.41%
Southside Bancshares, Inc. 86.69 Million USD -222.099%
BankFinancial Corporation 9.39 Million USD -2872.788%
United Bancshares, Inc. 8.6 Million USD -3144.643%
Penns Woods Bancorp, Inc. 16.6 Million USD -1581.322%
First Seacoast Bancorp -10.65 Million USD 2720.439%
Home Bancorp, Inc. 40.24 Million USD -593.921%
Texas Community Bancshares, Inc. -733 Thousand USD 38194.679%
Bank of South Carolina Corporation 5.49 Million USD -4982.882%
First Northwest Bancorp 2.28 Million USD -12114.961%
First Internet Bancorp 8.41 Million USD -3217.5%
Ohio Valley Banc Corp. 12.63 Million USD -2110.704%
TC Bancshares, Inc. 265.82 Thousand USD -104944.296%
HMN Financial, Inc. 6 Million USD -4550.025%
IF Bancorp, Inc. 1.79 Million USD -15499.665%
Horizon Bancorp, Inc. 27.98 Million USD -897.941%