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

Merchants Bancorp (MBIN) recorded quarterly Change in Inventory of -$183.1 million in Q1 2026, down 189.18% quarter-over-quarter from $205.3 million in Q4 2025, and down 376.69% on a YoY basis from $66.2 million in Q1 2025.

Merchants Bancorp (MBIN) Change in Inventory (2016 - 2026) Analysis & Trends

Merchants Bancorp's Change in Inventory history runs 11 years deep, the most recent figure standing at -$183.1 million for Q1 2026.

  • In Q1 2026, Change in Inventory fell 376.69% year-over-year to -$183.1 million; the TTM figure through Mar 2026 stood at $47.2 million (down 80.9% YoY), while the FY2025 annual figure was $191.9 million, down 39.58% from the prior year.
  • Change in Inventory was -$183.1 million for Q1 2026 at Merchants Bancorp, down from $205.3 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $221.7 million in Q3 2024 to a low of -$365.4 million in Q4 2023.
  • Historically, Change in Inventory has averaged -$7.8 million across 5 years, with a median of $12.6 million in 2025.
  • Biggest YoY gain for Change in Inventory was 8352.27% in 2023; the steepest drop was 2282.3% in 2023.
  • A 5-year view of Change in Inventory shows it stood at $16.7 million in 2022, then sank by 2282.3% to -$365.4 million in 2023, then soared by 99.24% to -$2.8 million in 2024, then jumped by 7538.7% to $205.3 million in 2025, then plunged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - -
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Merchants Bancorp 2.30 Bn 1.66 Bn - -183.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -183.09 Mn
Mar 31, 2026 -183.09 Mn
Dec 31, 2025 205.31 Mn
Dec 31, 2025 205.31 Mn
Sep 30, 2025 12.36 Mn
Sep 30, 2025 12.36 Mn
Jun 30, 2025 12.63 Mn
Jun 30, 2025 12.63 Mn
Mar 31, 2025 -38.41 Mn
Mar 31, 2025 -38.41 Mn
Dec 31, 2024 -2.76 Mn
Dec 31, 2024 -2.76 Mn
Sep 30, 2024 221.72 Mn
Sep 30, 2024 221.72 Mn
Jun 30, 2024 66.62 Mn
Jun 30, 2024 66.62 Mn
Mar 31, 2024 32.03 Mn
Mar 31, 2024 32.03 Mn
Dec 31, 2023 -365.45 Mn
Dec 31, 2023 -365.45 Mn