| Merchants Bancorp (MBIN) | |||||||||||||||||||||||||||||||||||||||||||||||||
| Q1-CY2026 | Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | |
| Balance Sheet Date | 2025-Dec-31 | 2025-Sep-30 | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | 2020-Dec-31 | 2020-Sep-30 | 2020-Jun-30 | 2020-Mar-31 | 2019-Dec-31 | 2019-Sep-30 | 2019-Jun-30 | 2019-Mar-31 | 2018-Dec-31 | 2018-Sep-30 | 2018-Jun-30 | 2018-Mar-31 | 2017-Dec-31 | 2017-Sep-30 | |||||||||||||||
| Fiscal Period | Q4-FY2025 | Q3-FY2025 | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | |||||||||||||||
| Operating Cash Flow | (397,899,000$) | 29,765,000$ | (121,152,000$) | 148,038,000$ | (9,977,000$) | (492,648,000$) | 51,119,000$ | (383,772,000$) | 736,332,000$ | (549,714,000$) | (241,487,000$) | (301,533,000$) | (858,142,000$) | 959,141,000$ | (420,855,000$) | 1,295,630,000$ | 338,619,000$ | (658,450,000$) | (25,178,000$) | 295,793,000$ | 333,338,000$ | 762,704,000$ | (1,099,315,000$) | (871,615,000$) | 406,828,000$ | (680,938,000$) | (985,632,000$) | 2,739,000$ | 99,557,000$ | 27,215,000$ | 201,326,000$ | (123,763,000$) | (207,555,000$) | (95,488,000$) | (88,085,000$) | 273,634,000$ | |||||||||||||
| Investing Cash Flow | 12,685,000$ | (181,127,000$) | (26,326,000$) | (903,000$) | (43,512,000$) | 181,410,000$ | (317,154,000$) | (695,019,000$) | (910,996,000$) | 7,460,000$ | (1,236,369,000$) | (1,120,176,000$) | 187,093,000$ | (1,698,066,000$) | (1,104,729,000$) | (247,149,000$) | (360,375,000$) | 51,793,000$ | 29,034,000$ | (194,714,000$) | (637,866,000$) | (763,878,000$) | (562,132,000$) | (568,352,000$) | (258,795,000$) | (445,628,000$) | (149,701,000$) | (103,551,000$) | (131,734,000$) | 29,881,000$ | (238,017,000$) | (169,196,000$) | (145,800,000$) | (201,733,000$) | 17,428,000$ | 74,263,000$ | |||||||||||||
| Purchases of Property and Equipment | 3,802,000$ | 5,781,000$ | 4,499,000$ | 6,859,000$ | 6,275,000$ | 4,526,000$ | 5,284,000$ | 2,306,000$ | 4,069,000$ | 516,000$ | 1,902,000$ | 1,041,000$ | 583,000$ | 1,065,000$ | 1,174,000$ | 3,939,000$ | 364,000$ | 595,000$ | 682,000$ | 2,004,000$ | 2,193,000$ | 394,000$ | 442,000$ | 594,000$ | 1,710,000$ | 2,625,000$ | 5,442,000$ | 4,206,000$ | 3,755,000$ | 2,395,000$ | 1,990,000$ | 1,055,000$ | 34,000$ | 196,000$ | 22,000$ | 26,000$ | |||||||||||||
| Financing Cash Flow | (620,000$) | 102,233,000$ | 273,347,000$ | (102,449,000$) | (71,807,000$) | 372,262,000$ | 298,162,000$ | 1,003,124,000$ | 351,848,000$ | 572,182,000$ | 1,485,580,000$ | 1,565,131,000$ | 573,252,000$ | 804,740,000$ | 1,372,209,000$ | (1,669,574,000$) | 251,794,000$ | 1,007,184,000$ | 128,754,000$ | (11,368,000$) | 55,054,000$ | 27,189,000$ | 1,496,552,000$ | 1,501,340,000$ | (6,300,000$) | 1,030,653,000$ | 1,282,771,000$ | 77,739,000$ | (42,055,000$) | 1,257,000$ | 101,361,000$ | 221,173,000$ | 146,064,000$ | 270,215,000$ | 68,516,000$ | (358,231,000$) | |||||||||||||
| End Cash Position | 212,202,000$ | 598,036,000$ | 647,165,000$ | 521,296,000$ | 476,610,000$ | 601,906,000$ | 540,882,000$ | 508,755,000$ | 584,422,000$ | 407,238,000$ | 377,310,000$ | 369,586,000$ | 226,164,000$ | 323,961,000$ | 258,146,000$ | 411,521,000$ | 1,032,614,000$ | 802,576,000$ | 402,049,000$ | 269,439,000$ | 179,728,000$ | 429,202,000$ | 403,187,000$ | 568,082,000$ | 506,709,000$ | 364,976,000$ | 460,889,000$ | 313,451,000$ | 336,524,000$ | 410,756,000$ | 352,403,000$ | 287,733,000$ | 359,519,000$ | 566,810,000$ | 416,554,000$ | 443,560,000$ | 445,701,000$ | 456,035,000$ | |||||||||||
| Exchange Rate Effect | |||||||||||||||||||||||||||||||||||||||||||||||||
| Dividends Paid | 14,856,000$ | 14,854,000$ | 14,854,000$ | 14,854,000$ | 14,847,000$ | 11,875,000$ | 11,875,000$ | 12,570,000$ | 12,126,000$ | 12,127,000$ | 12,127,000$ | 12,126,000$ | 11,815,000$ | 8,747,000$ | 8,748,000$ | 8,757,000$ | 8,319,000$ | 8,319,000$ | 8,389,000$ | 6,208,000$ | 5,919,000$ | 5,918,000$ | 5,918,000$ | 5,916,000$ | 5,628,000$ | 8,784,000$ | 0$ | 2,842,000$ | 2,554,000$ | 2,554,000$ | 2,554,000$ | 2,554,000$ | 2,266,000$ | 1,889,000$ | 1,887,000$ | 1,888,000$ | |||||||||||||
| Unlevered Free Cash Flow | (401,701,000$) | 23,984,000$ | (125,651,000$) | 141,179,000$ | (16,252,000$) | (497,174,000$) | 45,835,000$ | (386,078,000$) | 732,263,000$ | (550,230,000$) | (243,389,000$) | (302,574,000$) | (858,725,000$) | 958,076,000$ | (422,029,000$) | 1,291,691,000$ | 338,255,000$ | (659,045,000$) | (25,860,000$) | 293,789,000$ | 331,145,000$ | 762,310,000$ | (1,099,757,000$) | (872,209,000$) | 405,118,000$ | (683,563,000$) | (991,074,000$) | (1,467,000$) | 95,802,000$ | 24,820,000$ | 199,336,000$ | (124,818,000$) | (207,589,000$) | (95,684,000$) | (88,107,000$) | 273,608,000$ | |||||||||||||