CARMEL, Ind., Jan. 28, 2026 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank, today reported fourth quarter 2025 net income of $67.8 million, or diluted earnings per common share of$1.28. This compared to $95.7 million, or diluted earnings per common share of$1.85 in the fourth quarter of 2024, and compared to $54.7 million, or diluted earnings per common share of$0.97 in the third quarter of 2025. "This quarter reflects a decisive shift fo ...