For the quarter ended September 2025, Merchants Bancorp (MBIN Quick QuoteMBIN - Free Report) reported revenue of $171.07 million, up 14.4% over the same period last year. EPS came in at $0.97, compared to $1.17 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $166.02 million, representing a surprise of +3.04%. The company delivered an EPS surprise of +22.78%, with the consensus EPS estimate being $0.79.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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: 45.2% compared to the 41.8% average estimate based on three analysts.
• Net interest margin: 2.8% versus the three-analyst average estimate of 2.8%.
• Average Earning Assets: $18.04 billion compared to the $18.4 billion average estimate based on three analysts.
• Tier I capital/risk-weighted assets Ratio: 13% compared to the 12.7% average estimate based on two analysts.
• Total capital/risk-weighted assets Ratio: 13.6% versus the two-analyst average estimate of 13%.
• Loan servicing fees (costs), net: $7.99 million compared to the $5.07 million average estimate based on three analysts.
• Syndication and asset management fees: $4.86 million versus $4.77 million estimated by three analysts on average.
• Other income: $3.76 million compared to the $4.91 million average estimate based on three analysts.
• Mortgage warehouse fees: $1.74 million versus $2.18 million estimated by three analysts on average.
• Total Noninterest Income: $43.01 million versus $35.93 million estimated by three analysts on average.
• Gain on Sale of Loans: $24.67 million compared to the $19 million average estimate based on three analysts.
• Net Interest Income: $128.06 million compared to the $130.11 million average estimate based on three analysts.

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

Shares of Merchants Bancorp have returned +1% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.