{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-007957","form_type":"8-K","ticker":"MBIN","cik":"0001629019","company_name":"Merchants Bancorp","filed_at":"2023-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.922347+00:00","generated_at":"2026-06-20T06:37:52.676893+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Merchants Bancorp Q4 net income $57.2M (+4% YoY); FY22 EPS $4.47 (-6% YoY)","bullets":["Full-year 2022 net income $219.7M (-3% vs 2021); diluted EPS $4.47 (-6% vs 2021).","Total assets $12.6B (+12% YoY); loans net $7.4B (+29% YoY).","Q4 2022 net interest margin 3.13% vs 2.70% Q4 2021; efficiency ratio 31.3% vs 33.3%.","Tangible book value per share $21.88 (+22% YoY).","Completed $284M multi-family loan securitization via Freddie Mac Q-Series on Nov 3, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-007957","json":"https://secwatch.observer/filing/0001104659-23-007957.json","markdown":"https://secwatch.observer/filing/0001104659-23-007957.md","text":"https://secwatch.observer/filing/0001104659-23-007957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629019/000110465923007957/0001104659-23-007957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629019/000110465923007957/tm234858d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T06:37:52.676893+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02571b9e2bac89926ed44f362ee55d8f45087e80","claim":"Merchants Bancorp reported full year 2022 results: net income $219.7 million, EPS $4.47.","evidence_excerpt":"Full year 2022 net income of $219.7 million decreased 3% compared to 2021 · Full year 2022 diluted earnings per common share of $4.47 decreased 6% compared to 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465923007957/0001104659-23-007957-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Net income","value":"$219.7 million"},{"label":"EPS","value":"$4.47"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a2a2bb0eb0c4ff411090e9b01ac00d4cf88ac473","claim":"Merchants Bancorp reported fourth quarter 2022 results: net income $57.2 million, EPS $1.12.","evidence_excerpt":"today reported fourth quarter 2022 net income of $57.2 million, or diluted earnings per common share of $1.12","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629019/000110465923007957/0001104659-23-007957-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2022"},{"label":"Net income","value":"$57.2 million"},{"label":"EPS","value":"$1.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}