Executive readout · one minute
What the filings say
- 8-K earnings release · filed Oct 28, 2026
- Merchants Bancorp reported third-quarter 2026 net income of $105.2 million, up 92% from the third quarter of 2025, and diluted earnings per common share of $2.06. Tangible book value per common share reached a record $41.64.
- 10-Q report · filed Nov 6, 2026
- Merchants Bancorp reported third-quarter net income of $105.2 million, up 92%, as total assets reached $20.9 billion and net loans grew 11% to $12.2 billion. It also acquired The Loan Exchange on September 14, 2026 for $13.9 million.
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