Merchants Bancorp (MBIN) EBITDA (2016 - 2026)

Merchants Bancorp's EBITDA history runs 11 years deep, the most recent figure standing at $226.2 million for Q1 2026.

• In Q1 2026, EBITDA fell 6.35% year-over-year to $226.2 million; the TTM figure through Mar 2026 stood at $932.3 million (down 18.43% YoY), while the FY2025 annual figure was $55.4 million, down 37.58% from the prior year.
• EBITDA was $226.2 million for Q1 2026 at Merchants Bancorp, down from $243.3 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $314.6 million in Q4 2024 to a low of $77.1 million in Q1 2022.
• Historically, EBITDA has averaged $224.0 million across 5 years, with a median of $238.3 million in 2025.
• The sharpest annual moves came in 2023 and 2025: EBITDA surged 147.59% in 2023, then retreated 24.98% in 2025.
• A 5-year view of EBITDA shows it stood at $160.9 million in 2022, then soared by 78.3% to $286.9 million in 2023, then gained by 9.66% to $314.6 million in 2024, then decreased by 22.67% to $243.3 million in 2025, then dropped by 7.03% to $226.2 million in 2026.
• The last three EBITDA figures came in at $226.2 million (Q1 2026), $243.3 million (Q4 2025), and $238.3 million (Q3 2025), per Business Quant data.