MBIN (Merchants Bancorp) Net Income (Continuing Operations): $268.6 Mil (TTM As of Jun. 2026)

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MBIN Merchants Bancorp MBIN
78 GF Score
Price $54.43
GF Value $43.70
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Merchants Bancorp Net Income (Continuing Operations)?

Merchants Bancorp MBIN -0.26% 78 Net Income (Continuing Operations) is $268.6 Mil as of Jun. 2026. GuruFocus rates MBIN with a GF Score™ of 78/100 and a GF Value™ of $43.70 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Merchants Bancorp's Net Income (Continuing Operations) for the three months ended in Jun. 2026 was $78.3 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 was $268.6 Mil.


Merchants Bancorp  (NAS:MBIN) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


Merchants Bancorp Net Income (Continuing Operations) Related Terms


Merchants Bancorp Net Income (Continuing Operations) Historical Data

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The historical data trend for Merchants Bancorp's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Merchants Bancorp Net Income (Continuing Operations) Chart

Merchants Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.10 219.72 279.23 320.39 218.77

Merchants Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.98 54.70 67.85 67.73 78.30
MBIN
78GF Score
Merchants Bancorp MBIN
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
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Merchants Bancorp Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $268.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Income (Continuing Operations) of $268.6 Mil mean?
Merchants Bancorp (MBIN) has a Net Income (Continuing Operations) of $268.6 Mil as of Jun. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Merchants Bancorp and its competitors.
Is Merchants Bancorp's Net Income (Continuing Operations) too high?
Merchants Bancorp's current Net Income (Continuing Operations) is $268.6 Mil. Overall, Merchants Bancorp has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merchants Bancorp's Net Income (Continuing Operations) compare to OFG and BLX?
Merchants Bancorp's Net Income (Continuing Operations) of $268.6 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for a Banks company?
A good Net Income (Continuing Operations) depends on the Banks industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Merchants Bancorp and its competitors. Merchants Bancorp's current Net Income (Continuing Operations) is $268.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merchants Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Merchants Bancorp (MBIN) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.70, compared to a current price of $54.43 — trading 24.6% above its estimated fair value. The current Net Income (Continuing Operations) is $268.6 Mil. Merchants Bancorp's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Merchants Bancorp (MBIN), the current Net Income (Continuing Operations) is $268.6 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merchants Bancorp (MBIN) Overvalued in 2026?

Based on GuruFocus' analysis, Merchants Bancorp stock appears to be overvalued. The current stock price of $54.43 is trading 24.6% above its estimated GF Value™ of $43.70. GuruFocus considers Merchants Bancorp to be Modestly Overvalued.

Key valuation signals for MBIN:

  • Net Income (Continuing Operations): $268.6 Mil
  • GF Value™: $43.70 vs. price of $54.43 (24.6% above fair value)
  • GF Score™: 78/100 with 10 warning signs

No single metric tells the full story. See the MBIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merchants Bancorp Business Description

Other Exchanges MBINN.PFD:USA3KD:Germany
Address 410 Monon Boulevard, Carmel, IN, USA, 46032
Merchants Bancorp is a United States-based bank holding company operating multiple lines of business focused on FHA multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, and traditional community banking. Its segments include Multi-family Mortgage Banking, which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing, which offers mortgage warehouse financing, commercial loans and deposit services; and the Banking segment, which generates maximum revenue and provides portfolio lending for multi-family and healthcare facility loans, residential mortgage banking, agricultural lending, SBA lending and community banking.
78GF Score

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Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$54.43
Price
$43.70
GF Value