Company / Net Income
Merchants Bancorp Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$218.8M
FY2025
5-year range
$218.8M / $320.4M
FY2021-FY2025
Trend
-31.7%
vs FY2024
Sector context
#201 of 404
Financials
What the data says
At $219M, Merchants Bancorp's net income ranks #201 of 404 in the Financials sector. Net Income has fluctuated over the past 10 years, ranging from $33M in FY2016 to $320M in FY2024.
Based on SEC 10-K filings.
$219M in FY2025 with a 5-year CAGR of +3.9%.
Declined from $279M to $219M over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -0.1%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
#201 of 404 in FinancialsTop 50% of 404This company $218.8M Sector average $1.6B
▼
-86.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2025, net income decreased 31.7% year-over-year.
- Ranks #201 out of 404 companies in the Financials sector.
- Peak net income was recorded in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $218.8M | -31.7% |
| FY2024 | $320.4M | +14.7% |
| FY2023 | $279.2M | +27.1% |
| FY2022 | $219.7M | -3.3% |
| FY2021 | $227.1M | +25.8% |
| FY2020 | $180.5M | +133.5% |
| FY2019 | $77.3M | +23.0% |
| FY2018 | $62.9M | +15.0% |
| FY2017 | $54.7M | +65.1% |
| FY2016 | $33.1M | +16.7% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026