Merchants Bancorp Quarterly Cash Flow Statement
NASDAQ: MBINFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Merchants Bancorp free cash flow
In the quarter ended Jun 30, 2026, Merchants Bancorp generated $213.3 million of operating cash flow and spent $2.4 million on capital expenditures. That left free cash flow of $210.9 million, a free-cash-flow margin of 115.7% of revenue. Merchants Bancorp returned $15.3 million to shareholders through dividends, equal to 7% of free cash flow.
Free cash flow covered dividend payments 13.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Merchants Bancorp cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 78.30M | 67.73M | 67.85M | 54.70M | 37.98M | 58.24M | 95.67M | 61.27M | 76.39M | 87.05M | 77.47M | 81.50M |
| Net Income growth (YoY) | +106.16% | +16.30% | -29.08% | -10.73% | -50.28% | -33.10% | +23.48% | -24.82% | +16.98% | +58.41% | +35.55% | +39.35% |
| Depreciation & Amortization | 1.40M | 1.37M | 1.16M | 765.00K | 770.00K | 770.00K | 760.00K | 783.00K | 746.00K | 725.00K | 733.00K | 734.00K |
| Change in Working Capital | 27.06M | 7.21M | -18.47M | 5.89M | -11.73M | -4.36M | -24.90M | -5.96M | 40.69M | -43.59M | -20.30M | -14.43M |
| Operating Cash Flow | 213.31M | -597.32M | -397.90M | 29.77M | -121.15M | 148.04M | -9.98M | -492.65M | 51.12M | -383.77M | 736.33M | -549.71M |
| Capital Expenditures | -2.44M | -1.15M | -3.80M | -5.78M | -4.50M | -6.86M | -6.28M | -4.53M | -5.28M | -2.31M | -4.07M | -516.00K |
| Investing Cash Flow | -768.94M | -335.26M | 12.69M | -181.13M | -26.33M | -903.00K | -43.51M | 181.41M | -317.15M | -695.02M | -911.00M | 7.46M |
| Dividends Paid | -15.32M | -15.32M | -14.86M | -14.85M | -14.85M | -14.85M | -14.85M | -11.88M | -11.88M | -12.57M | -12.13M | -12.13M |
| Share Repurchases | 0 | -3.00M | — | — | — | — | — | — | — | — | — | — |
| Debt Issued | — | 69.47B | — | — | — | 58.64B | — | — | — | — | — | — |
| Debt Repaid | — | -68.54B | — | — | — | -59.01B | — | — | — | -25.87B | — | — |
| Financing Cash Flow | 787.11M | 803.59M | -620.00K | 102.23M | 273.35M | -102.45M | -71.81M | 372.26M | 298.16M | 1.00B | 351.85M | 572.18M |
| Net Change in Cash | 231.49M | -128.99M | -385.83M | -49.13M | 125.87M | 44.69M | -125.30M | 61.02M | 32.13M | -75.67M | 177.18M | 29.93M |
| Free Cash Flow | 210.87M | -598.47M | -401.70M | 23.98M | -125.65M | 141.18M | -16.25M | -497.17M | 45.84M | -386.08M | 732.26M | -550.23M |
This table shows 12 quarterly periods of Merchants Bancorp's cash flow statement, from Q2 2026 back to Q3 2023, across 13 line items including net income, depreciation & amortization, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow MBIN's reporting calendar. What is a cash flow statement?