---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-083652"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:33:45.596477+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Merchants Bancorp Q2 2022 net income $53.9M, EPS $1.11, ROAA 2.20%

## Summary
- Net income $53.9M (+5% YoY), diluted EPS $1.11 (+5% YoY).
- Total assets $11.1B (+15% vs Q1 2022); net interest margin 3.03% (up 41 bps QoQ).
- Tangible book value $19.70/share (+25% YoY); nonperforming loans 0.07% of loans.
- Completed $214M CMBS securitization of 14 multifamily loans via Freddie Mac Q-Series.
- Repurchased $3.9M of common shares; brokered deposits +222% QoQ.

## SEC filing metadata
- accession: 0001104659-22-083652
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465922083652/0001104659-22-083652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465922083652/tm2222027d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-083652
- JSON: https://secwatch.observer/filing/0001104659-22-083652.json
- Plain text: https://secwatch.observer/filing/0001104659-22-083652.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.