Merchants Bancorp (MBIN) Consolidated Net Income (2016 - 2026)

Merchants Bancorp (MBIN) recorded quarterly Consolidated Net Income of $67.7 million in Q1 2026, down 12.2% quarter-over-quarter from $77.1 million in Q4 2025, and up 16.3% on a YoY basis from $58.2 million in Q1 2025.

Merchants Bancorp (MBIN) Consolidated Net Income (2016 - 2026) Analysis & Trends

Merchants Bancorp's Consolidated Net Income history runs 11 years deep, the most recent figure standing at $67.7 million for Q1 2026.

  • In Q1 2026, Consolidated Net Income rose 16.3% year-over-year to $67.7 million; the TTM figure through Mar 2026 stood at $237.6 million (down 36.42% YoY), while the FY2025 annual figure was $228.1 million, down 43.33% from the prior year.
  • Consolidated Net Income was $67.7 million for Q1 2026 at Merchants Bancorp, down from $77.1 million in the prior quarter.
  • In the past five years, Consolidated Net Income ranged from a high of $177.7 million in Q4 2024 to a low of $38.0 million in Q2 2025.
  • Historically, Consolidated Net Income has averaged $70.4 million across 5 years, with a median of $61.3 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Consolidated Net Income surged 129.39% in 2024, then plunged 56.59% in 2025.
  • A 5-year view of Consolidated Net Income shows it stood at $57.2 million in 2022, then surged by 35.55% to $77.5 million in 2023, then soared by 129.39% to $177.7 million in 2024, then slumped by 56.59% to $77.1 million in 2025, then fell by 12.2% to $67.7 million in 2026.
  • The last three Consolidated Net Income figures came in at $67.7 million (Q1 2026), $77.1 million (Q4 2025), and $54.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 424,936.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - 3.36 Bn
4 First Capital 215.78 Bn 215.63 Bn - 4.33 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 5.07 Mn
7 NatWest 168.65 Bn -51.67 Bn - 3.45 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 1.13 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 1.91 Bn
10 Merchants Bancorp 2.30 Bn 1.66 Bn - 67.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 67.73 Mn
Dec 31, 2025 77.15 Mn
Sep 30, 2025 54.70 Mn
Jun 30, 2025 37.98 Mn
Mar 31, 2025 58.24 Mn
Dec 31, 2024 177.72 Mn
Sep 30, 2024 61.27 Mn
Jun 30, 2024 76.39 Mn
Mar 31, 2024 87.05 Mn
Dec 31, 2023 77.47 Mn
Sep 30, 2023 81.50 Mn
Jun 30, 2023 65.30 Mn
Mar 31, 2023 54.96 Mn
Dec 31, 2022 57.16 Mn
Sep 30, 2022 58.49 Mn
Jun 30, 2022 53.94 Mn
Mar 31, 2022 50.14 Mn
Dec 31, 2021 55.20 Mn
Sep 30, 2021 58.50 Mn
Jun 30, 2021 51.42 Mn