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Stock impact report

Merchants Bancorp Reports First Quarter 2025 Results [Yahoo! Finance]

Merchants Bancorp (MBIN) 
Last merchants bancorp earnings: 1/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
the fourth quarter 2024, reflecting market uncertainty that delayed origination closings and permanent loan conversions in a growing pipeline, which negatively impacted the recognition of gain on sale and net interest margin. The decrease in net income was also impacted by unfavorable fair market value adjustments to servicing rights and derivatives compared to prior periods. First quarter 2025 diluted earnings per common share of decreased 48% compared to the first quarter of 2024 and decreased 50% compared to the fourth quarter of 2024. Unfavorable fair market value adjustments to servicing rights on loans and interest rate floor derivatives negatively impacted results during the first quarter of 2025 by approximately per diluted common share, compared to the per share impact of positive fair market value adjustments in the first quarter of 2024 and in the fourth quarter of 2024. Tangible book value per common share reached a record-high of and increased 19% compared to in the Show less Read more
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