Merchants Bancorp (MBIN) EBITDA Margin (2016 - 2026)
Merchants Bancorp's EBITDA Margin was 141.98% in Q2 2026, up 16.27 percentage points from 125.72% a year earlier and up 12.14 percentage points from the prior quarter.
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Analysis
Merchants Bancorp (MBIN) EBITDA Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merchants Bancorp's EBITDA Margin was 135.86% through Jun 30, 2026, down 24.39 percentage points year-over-year; for FY2025, it was 139.57%, down 40.20 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +49.25 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 179.77% in FY2024 (+5.52 pp), 174.24% in FY2023 (+71.67 pp), 102.57% in FY2022 (+23.25 pp) and 79.32% in FY2021 (-10.99 pp).
- The Q2 2026 figure marks the highest quarterly EBITDA Margin since Q1 2025.
- Compared with a year earlier, EBITDA Margin was higher in two of the last eight quarters, with an average year-over-year change of -24.05 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2023 (a gain of 83.12 percentage points); the worst was Q2 2025 (a drop of 62.42 percentage points).
- Per Business Quant data, MBIN's EBITDA Margin in the three quarters before Q2 2026 was 129.84% (Q1 2026), 131.94% (Q4 2025) and 139.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 95.81% |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 95.10% |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 101.52% |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 142.03% |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 133.57% |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 92.35% |
| 10 | Merchants Bancorp | 2.28 Bn | -1.22 Bn | - | 141.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 141.98% |
| Mar 31, 2026 | 129.84% |
| Dec 31, 2025 | 131.94% |
| Sep 30, 2025 | 139.75% |
| Jun 30, 2025 | 125.72% |
| Mar 31, 2025 | 166.07% |
| Dec 31, 2024 | 162.75% |
| Sep 30, 2024 | 192.72% |
| Jun 30, 2024 | 188.14% |
| Mar 31, 2024 | 179.92% |
| Dec 31, 2023 | 181.18% |
| Sep 30, 2023 | 186.66% |
| Jun 30, 2023 | 163.64% |
| Mar 31, 2023 | 160.59% |
| Dec 31, 2022 | 136.47% |
| Sep 30, 2022 | 110.63% |
| Jun 30, 2022 | 80.83% |
| Mar 31, 2022 | 77.47% |
| Dec 31, 2021 | 76.96% |
| Sep 30, 2021 | 80.23% |
API Access
Merchants Bancorp EBITDA Margin 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=ebitda-margin&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();