Merchants Bancorp (MBIN) Depreciation and Depletion (2016 - 2026)
Merchants Bancorp (MBIN) posted Depreciation and Depletion of $1.4 million for Q2 2026, up 81.3% from $770,000 a year earlier and up 1.9% from the prior quarter.
Merchants Bancorp (MBIN) Depreciation and Depletion (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Merchants Bancorp was $4.73 million, up 53.3% year-over-year; for FY2025, it came in at $3.5 million, up 16.1% from FY2024.
- Annual Depreciation and Depletion has increased for nine consecutive years, with a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- In prior years, Merchants Bancorp's Depreciation and Depletion was $3.01 million in FY2024 (+3.9%), $2.9 million in FY2023 (+16.0%), $2.5 million in FY2022 (+14.1%) and $2.19 million in FY2021 (+15.6%).
- The Q2 2026 figure stands as the highest quarterly Depreciation and Depletion in data going back to Q4 2016.
- On a year-over-year basis, Depreciation and Depletion has increased in each of the last three quarters, with growth averaging 28.4% over the last eight quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q2 2026, with growth of 81.3%; the weakest was Q4 2024, with a decline of 2.7%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $1.37 million (Q1 2026), $1.2 million (Q4 2025) and $765,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 243.13 Mn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | - |
| 10 | Merchants Bancorp | 2.29 Bn | -1.20 Bn | - | 1.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Mn |
| Mar 31, 2026 | 1.37 Mn |
| Dec 31, 2025 | 1.20 Mn |
| Sep 30, 2025 | 765,000.00 |
| Jun 30, 2025 | 770,000.00 |
| Mar 31, 2025 | 770,000.00 |
| Dec 31, 2024 | 760,000.00 |
| Sep 30, 2024 | 783,000.00 |
| Jun 30, 2024 | 746,000.00 |
| Mar 31, 2024 | 725,000.00 |
| Dec 31, 2023 | 781,000.00 |
| Sep 30, 2023 | 734,000.00 |
| Jun 30, 2023 | 699,000.00 |
| Mar 31, 2023 | 686,000.00 |
| Dec 31, 2022 | 668,000.00 |
| Sep 30, 2022 | 628,000.00 |
| Jun 30, 2022 | 613,000.00 |
| Mar 31, 2022 | 591,000.00 |
| Dec 31, 2021 | 575,000.00 |
| Sep 30, 2021 | 555,000.00 |
Merchants Bancorp Depreciation and Depletion 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=depreciation-and-depletion&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();