Merchants Bancorp (MBIN) Capital Expenditures (2016 - 2026)
Merchants Bancorp's Capital Expenditures was $2.44 million in Q2 2026, down 45.8% from $4.5 million a year earlier but up 112.9% from the prior quarter.
Merchants Bancorp (MBIN) Capital Expenditures (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merchants Bancorp's Capital Expenditures was $13.17 million through Jun 30, 2026, down 40.6% year-over-year; for FY2025, it was $20.94 million, up 13.9% from FY2024.
- Capital Expenditures has now increased for five consecutive years, with a five-year compound annual growth rate of 42.0% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $18.39 million in FY2024 (+144.3%), $7.53 million in FY2023 (+11.3%), $6.76 million in FY2022 (+85.5%) and $3.65 million in FY2021 (+0.6%).
- Quarterly Capital Expenditures has moved between $364,000 (Q4 2021) and $6.86 million (Q1 2025) over five years.
- Compared with a year earlier, Capital Expenditures has declined for three straight quarters, with growth averaging 109.1% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q3 2024 (growth of 777.1%); the worst was Q4 2021 (a decline of 83.4%).
- Per Business Quant data, MBIN's Capital Expenditures in the three quarters before Q2 2026 was $1.15 million (Q1 2026), $3.8 million (Q4 2025) and $5.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 819.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 502.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Merchants Bancorp | 2.25 Bn | -1.25 Bn | - | 2.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.44 Mn |
| Mar 31, 2026 | 1.15 Mn |
| Dec 31, 2025 | 3.80 Mn |
| Sep 30, 2025 | 5.78 Mn |
| Jun 30, 2025 | 4.50 Mn |
| Mar 31, 2025 | 6.86 Mn |
| Dec 31, 2024 | 6.28 Mn |
| Sep 30, 2024 | 4.53 Mn |
| Jun 30, 2024 | 5.28 Mn |
| Mar 31, 2024 | 2.31 Mn |
| Dec 31, 2023 | 4.07 Mn |
| Sep 30, 2023 | 516,000.00 |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 1.04 Mn |
| Dec 31, 2022 | 583,000.00 |
| Sep 30, 2022 | 1.07 Mn |
| Jun 30, 2022 | 1.17 Mn |
| Mar 31, 2022 | 3.94 Mn |
| Dec 31, 2021 | 364,000.00 |
| Sep 30, 2021 | 595,000.00 |
Merchants Bancorp Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MBIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();