Merchants Bancorp (MBIN Quick QuoteMBIN - Free Report) reported $179.2 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 12.4%. EPS of $0.60 for the same period compares to $1.49 a year ago.

The reported revenue represents a surprise of +12.6% over the Zacks Consensus Estimate of $159.15 million. With the consensus EPS estimate being $1.12, the EPS surprise was -46.43%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Merchants Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio: 43.2% versus 39.8% estimated by three analysts on average.
• Average Earning Assets: $18.27 billion versus the three-analyst average estimate of $17.91 billion.
• Net interest margin: 2.8% versus 2.9% estimated by three analysts on average.
• Tier I capital/average assets: 11.5% versus 11.1% estimated by two analysts on average.
• Tier I capital/risk-weighted assets Ratio: 12.8% versus the two-analyst average estimate of 12.2%.
• Total capital/risk-weighted assets Ratio: 13.4% compared to the 13.6% average estimate based on two analysts.
• Loan servicing fees (costs), net: $6.14 million versus $7.01 million estimated by three analysts on average.
• Syndication and asset management fees: $9.71 million versus $3.1 million estimated by three analysts on average.
• Other income: $9.25 million versus $5.08 million estimated by three analysts on average.
• Mortgage warehouse fees: $2.04 million versus $1.79 million estimated by three analysts on average.
• Total Noninterest Income: $50.48 million versus the three-analyst average estimate of $29.14 million.
• Gain on Sale of Loans: $23.34 million compared to the $12.17 million average estimate based on three analysts.

View all Key Company Metrics for Merchants Bancorp here>>>

Shares of Merchants Bancorp have returned +3.9% over the past month versus the Zacks S&P 500 composite's +4.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.