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Merchants Bancorp Reports Q3 Net Income of $105.2M, EPS of $2.06

Q3 2026 net income rose from $54.7M a year earlier and $78.3M in Q2 2026. EPS was $0.97 in Q3 2025 and $1.48 in Q2 2026. Noninterest income rose 88% year over year, while nonperforming loans fell to 1.47% of loans.

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