For the quarter ended March 2026, Merchants Bancorp (MBIN Quick QuoteMBIN - Free Report) reported revenue of $175.25 million, up 20.1% over the same period last year. EPS came in at $1.25, compared to $0.93 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $175.61 million, representing a surprise of -0.21%. The company delivered an EPS surprise of +7.76%, with the consensus EPS estimate being $1.16.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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 the three-analyst average estimate of 43.9%.
• Net interest margin: 2.9% compared to the 2.9% average estimate based on three analysts.
• Average Earning Assets: $17.86 billion versus the three-analyst average estimate of $18.57 billion.
• Tier I capital/risk-weighted assets Ratio: 12.3% versus 13.1% estimated by two analysts on average.
• Total capital/risk-weighted assets Ratio: 12.8% versus 13.8% estimated by two analysts on average.
• Loan servicing fees (costs), net: $15.1 million versus $5.17 million estimated by three analysts on average.
• Syndication and asset management fees: $3.12 million versus the three-analyst average estimate of $4.97 million.
• Other income: $13.26 million versus $5.24 million estimated by three analysts on average.
• Mortgage warehouse fees: $1.62 million compared to the $1.89 million average estimate based on three analysts.
• Total Noninterest Income: $46.6 million compared to the $44.1 million average estimate based on three analysts.
• Gain on Sale of Loans: $13.51 million versus $26.83 million estimated by three analysts on average.
• Net Interest Income: $128.65 million compared to the $131.51 million average estimate based on three analysts.

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

Shares of Merchants Bancorp have returned +17.1% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.