Merchants Bancorp (MBIN) Change in Inventory (2016 - 2026)

Merchants Bancorp has reported Change in Inventory for 11 years, with the latest figure at -$183.1 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Inventory fell 376.69% year-over-year to -$183.1 million; the trailing twelve-month figure through Mar 2026 stood at $47.2 million (down 80.9% YoY), and the FY2025 full-year result was $191.9 million, down 39.58% from the prior year.
• Change in Inventory for Q1 2026 stood at -$183.1 million, down from $205.3 million in the prior quarter.
• The five-year high for Change in Inventory was $221.7 million in Q3 2024, with the low at -$365.4 million in Q4 2023.
• Average Change in Inventory over 5 years is -$7.8 million, with a median of $12.6 million recorded in 2025.
• Peak annual rise in Change in Inventory reached 8352.27% in 2023, while the deepest fall reached 2282.3% in 2023.
• Tracing MBIN's Change in Inventory over 5 years: stood at $16.7 million in 2022, then plunged by 2282.3% to -$365.4 million in 2023, then jumped by 99.24% to -$2.8 million in 2024, then surged by 7538.7% to $205.3 million in 2025, then tumbled by 189.18% to -$183.1 million in 2026.
• The last three Change in Inventory figures came in at -$183.1 million (Q1 2026), $205.3 million (Q4 2025), and $12.4 million (Q3 2025), per Business Quant data.

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