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| Date | Value |
|---|---|
| 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 |