Company: MBINL
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001558370-25-001941
Chunk: 25

Company: Merchants Bancorp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6S
Chunk 25
---
  Allowance for credit losses to total loans​  0.81%    0.70%    0.59%    0.54%    0.50%  Allowance for credit losses to nonperforming loans​  30.17%    87.49%    164.95%    4,118.79%    435.06%  Net charge-offs to average loans and loans held for sale​  0.07%    0.08%    0.01%    0.01%    0.00%  Per Share Data (Common Stock):​   ​   ​   ​   ​   ​Diluted earnings per share​$ 6.30​$ 5.64​$ 4.47​$ 4.76​$ 3.85​Dividends declared​$ 0.36​$ 0.32​$ 0.28​$ 0.24​$ 0.21​Tangible book value (non-GAAP)​$ 34.15​$ 27.40​$ 21.88​$ 17.96​$ 13.45​Weighted average shares outstanding​   ​   ​   ​   ​   ​Basic​  44,855,100​  43,224,042​  43,164,477​  43,172,078​  43,113,741​Diluted​  45,004,786​  43,345,799​  43,316,904​  43,325,303​  43,167,113​Shares outstanding at period end​  45,767,166​  43,242,928​  43,113,127​  43,180,079​  43,120,625​Performance Metrics:​   ​   ​   ​   ​   ​Return on average assets​  1.79%    1.85%    1.99%    2.23%    2.12%  Return on average equity​  16.86%    17.63%    17.21%    22.07%    25.09%