{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-083537","form_type":"8-K","ticker":"MBIN","cik":"0001629019","company_name":"Merchants Bancorp","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.865697+00:00","generated_at":"2026-05-31T15:44:00.770413+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Merchants Bancorp Q2 net income $76.4M (+17% YoY), EPS $1.49, assets record $18.2B","bullets":["Q2 2024 net income $76.4M (diluted EPS $1.49), up 17% YoY but down 12% QoQ.","Total assets record $18.2B (+7% from Dec 2023); tangible book value per share $31.27, up 30% YoY.","Completed 2.4M share offering netting $97.7M; CET1 ratio rose to 8.7%.","Net interest income $128.1M (+21% YoY), NIM 2.99% (+2bps); efficiency ratio improved to 31.59%.","Non-performing loans $143.5M (1.30% of loans), up from 0.80% at Dec 2023, mainly multi-family and healthcare."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-083537","json":"https://secwatch.observer/filing/0001104659-24-083537.json","markdown":"https://secwatch.observer/filing/0001104659-24-083537.md","text":"https://secwatch.observer/filing/0001104659-24-083537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629019/000110465924083537/0001104659-24-083537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629019/000110465924083537/tm2420314d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:44:00.770413+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}