NASDAQ$MBIN
Merchants Bancorp · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported an increase in net income driven by growth in net interest income and effectively managed capital to achieve the highest asset levels in company history.
Merchants Bancorp reported a net income of $51.4 million for Q2 2021, an increase compared to Q2 2020. The increase was driven by a rise in net interest income, reflecting a decrease in the cost of deposits and an increase in interest income from higher loan balances. The company reached its highest asset levels, with $9.9 billion in total assets.
- Net income increased by 25% compared to the second quarter of 2020, driven by a 26% increase in net interest income.
- Total assets reached $9.9 billion, the highest in company history.
- Efficiency ratio was maintained at 29.0%, reflecting effective capital management.
- Non-performing loans were at 0.05% of loans receivable, demonstrating conservative underwriting.
Headline financials
Revenue & EPS history
Merchants Bank · Revenue · Quarterly
$97.3M
Forward guidance
This press release contains forward-looking statements which reflect management’s current views with respect to, among other things, future events and financial performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.6%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+3.5%
Avg return
30 days after
56%
23 / 41 earnings
Positive
+15.8%
Q4 2025
Best reaction
-16.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | -7.5% | -5.0% | |
| Q4 2025 | +15.8% | +20.3% | +21.0% | |
| Q3 2025 | +1.4% | +0.9% | +9.2% | |
| Q1 2025 | -8.6% | -6.8% | -2.5% | |
| Q4 2024 | +6.5% | +2.7% | +2.4% | |
| Q3 2024 | -16.1% | -15.5% | -3.8% | |
| Q2 2024 | -15.8% | -22.4% | -13.9% | |
| Q1 2024 | +3.3% | +17.5% | +1.4% | |
| Q4 2023 | +5.4% | -5.4% | -4.6% | |
| Q3 2023 | +11.0% | +13.2% | +27.6% | |
| Q2 2023 | +2.4% | +5.5% | -3.4% | |
| Q1 2023 | -1.9% | -2.8% | -1.0% | |
| Q4 2022 | +11.0% | +18.8% | +17.6% | |
| Q3 2022 | -0.1% | -0.5% | +4.7% | |
| Q2 2022 | +4.6% | +8.1% | +9.1% | |
| Q1 2022 | -4.2% | -3.1% | +1.5% | |
| Q4 2021 | +4.9% | +7.7% | -0.9% | |
| Q3 2021 | +4.3% | +9.1% | +8.5% | |
| Q2 2021 | -2.5% | -9.7% | -7.3% | |
| Q1 2021 | +5.3% | +7.9% | +7.7% | |
| Q4 2020 | -0.7% | +7.8% | +13.3% | |
| Q3 2020 | +0.2% | +3.2% | +26.6% | |
| Q2 2020 | +10.0% | +6.9% | +17.7% | |
| Q1 2020 | +6.1% | +14.9% | +26.0% | |
| Q4 2019 | +9.8% | +11.5% | +0.5% | |
| Q3 2019 | -0.7% | +8.1% | +9.2% | |
| Q2 2019 | +6.4% | +6.5% | -4.9% | |
| Q1 2019 | -9.7% | -7.6% | -27.5% | |
| Q4 2018 | -7.6% | -6.3% | -3.1% | |
| Q3 2018 | +3.8% | +0.2% | +6.4% | |
| Q2 2018 | -8.6% | -2.9% | -3.9% | |
| Q1 2017 | +5.6% | +7.9% | +20.4% | |
| Q1 2018 | +6.5% | +9.8% | +24.5% | |
| Q4 2015 | -5.2% | -4.1% | -8.0% | |
| Q4 2016 | -5.2% | -4.1% | -8.0% | |
| Q1 2016 | -5.2% | -4.1% | -8.0% | |
| Q2 2016 | -5.2% | -4.1% | -8.0% | |
| Q2 2017 | -5.2% | -4.1% | -8.0% | |
| Q4 2017 | -1.6% | -1.4% | +10.5% | |
| Q3 2017 | +2.2% | +6.8% | +0.3% | |
| Q3 2016 | +2.2% | +6.8% | +0.3% |
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