Merchants Bancorp (MBIN) EBITDA (2016 - 2026)

Merchants Bancorp has reported EBITDA for 11 years, with the latest figure at $226.2 million in Q1 2026.

• For the quarter ending Q1 2026, EBITDA fell 6.35% year-over-year to $226.2 million; the trailing twelve-month figure through Mar 2026 stood at $932.3 million (down 18.43% YoY), and the FY2025 full-year result was $55.4 million, down 37.58% from the prior year.
• EBITDA for Q1 2026 stood at $226.2 million, down from $243.3 million in the prior quarter.
• The five-year high for EBITDA was $314.6 million in Q4 2024, with the low at $77.1 million in Q1 2022.
• Average EBITDA over 5 years is $224.0 million, with a median of $238.3 million recorded in 2025.
• Year-over-year, EBITDA jumped 147.59% in 2023 and slipped 24.98% in 2025.
• Tracing MBIN's EBITDA over 5 years: stood at $160.9 million in 2022, then jumped by 78.3% to $286.9 million in 2023, then advanced by 9.66% to $314.6 million in 2024, then slipped by 22.67% to $243.3 million in 2025, then declined 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.

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