The table below shows Merchants Bancorp's cash flow statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Operating cash flow
-$341.25M
-$835.28M
-$356.40M
$975.77M
-$49.22M
-$874.89M
Capital expenditure
$20.94M
$18.39M
$7.53M
$6.76M
$3.65M
$3.62M
Investing cash flow
-$195.67M
-$874.27M
-$3.26B
-$2.86B
-$474.26M
-$2.53B
Dividends paid
$59.42M
$51.17M
$48.51M
$38.07M
MBIN operating cash flow (10-K history)
Merchants Bancorp reported operating cash flow of -$341.25M for fiscal year 2025. That is up 59.1% from -$835.28M in fiscal 2024. Over the 10 fiscal years shown, operating cash flow declined from -$149.77M (FY 2016) to -$341.25M. Figures come from the company's audited annual reports as filed with the SEC.