Merchants Bancorp (MBIN) Consolidated Net Income (2016 - 2026)
Merchants Bancorp (MBIN) reported Consolidated Net Income of $78.3 million for Q2 2026, up 106.2% from $37.98 million a year earlier and up 15.6% from the prior quarter.
Merchants Bancorp (MBIN) Consolidated Net Income (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merchants Bancorp's Consolidated Net Income came in at $268.59 million, up 6.1% year-over-year; for FY2025, it was $218.77 million, down 31.7% from FY2024.
- Consolidated Net Income has a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- By year, Consolidated Net Income came in at $320.39 million in FY2024 (+14.7%), $279.23 million in FY2023 (+27.1%), $219.72 million in FY2022 (-3.3%) and $227.1 million in FY2021 (+25.8%).
- The Q2 2026 figure ranks as the highest quarterly Consolidated Net Income since Q4 2024.
- Year over year, Consolidated Net Income gained in three of the last eight quarters, with an average decline of 0.3%.
- The high point for year-over-year Consolidated Net Income in five years was Q2 2026 (growth of 106.2%); the low point was Q2 2025 (a decline of 50.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $67.73 million (Q1 2026), $67.85 million (Q4 2025) and $54.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 21.16 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | 228.63 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 9.07 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 5.65 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 4.32 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 5.85 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 6.63 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 6.65 Bn |
| 10 | Merchants Bancorp | 2.29 Bn | -1.20 Bn | - | 78.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.30 Mn |
| Mar 31, 2026 | 67.73 Mn |
| Dec 31, 2025 | 67.85 Mn |
| Sep 30, 2025 | 54.70 Mn |
| Jun 30, 2025 | 37.98 Mn |
| Mar 31, 2025 | 58.24 Mn |
| Dec 31, 2024 | 95.67 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 |
Merchants Bancorp Consolidated Net Income 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=consolidated-net-income&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "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=consolidated-net-income&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();