Meritz Financial (MERZ) Reports Q4 Profit Decline

Meritz Financial (MERZ) released Q4 2025 results showing a 12% year-over-year decline in net income to $34.5 million, ending a losing streak of four consecutive quarters. The drop followed a 10-basis-point rise in its net interest margin, partially offset by a 20% increase in non-interest income driven by higher loan origination fees and gains from trading operations. CEO James W. Johnson attributed the decline to higher loan loss provisions and lower deposit growth, noting a 15% year-over-year contraction in total deposits as of December 31, 2025.