Merchants Bancorp (MBIN) EBT Margin (2016 - 2026)
Merchants Bancorp (MBIN) recorded quarterly EBT Margin of 48.11% in Q1 2026, up 20.64% quarter-over-quarter from 39.88% in Q4 2025, and down 433.0% on a YoY basis from 14.45% in Q1 2025.
Merchants Bancorp (MBIN) EBT Margin (2016 - 2026) Analysis & Trends
Merchants Bancorp's EBT Margin history runs 11 years deep, the most recent figure standing at 48.11% for Q1 2026.
- In Q1 2026, EBT Margin fell 433.0% year-over-year to 48.11%; the TTM figure through Mar 2026 stood at 38.21% (down 2112.0% YoY), while the FY2025 annual figure was 38.71%, down 2430.0% from the prior year.
- EBT Margin was 48.11% for Q1 2026 at Merchants Bancorp, up from 39.88% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 69.42% in Q3 2023 to a low of 27.25% in Q2 2025.
- Historically, EBT Margin has averaged 56.74% across 5 years, with a median of 62.64% in 2023.
- The sharpest annual moves came in 2024 and 2025: EBT Margin soared 1155 bps in 2024, then sank 3491 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 63.24% in 2022, then retreated by 1 bps to 62.64% in 2023, then advanced by 5 bps to 66.0% in 2024, then plunged by 40 bps to 39.88% in 2025, then grew by 21 bps to 48.11% in 2026.
- The last three EBT Margin figures came in at 48.11% (Q1 2026), 39.88% (Q4 2025), and 37.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | 39.06% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 311.44% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 33.63% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 46.65% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 7,796,393.09% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -157.25% |
| 10 | Merchants Bancorp | 2.30 Bn | 1.66 Bn | - | 48.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.11% |
| Dec 31, 2025 | 39.88% |
| Sep 30, 2025 | 37.75% |
| Jun 30, 2025 | 27.25% |
| Mar 31, 2025 | 52.44% |
| Dec 31, 2024 | 66.00% |
| Sep 30, 2024 | 54.39% |
| Jun 30, 2024 | 62.16% |
| Mar 31, 2024 | 68.06% |
| Dec 31, 2023 | 62.64% |
| Sep 30, 2023 | 69.42% |
| Jun 30, 2023 | 50.61% |
| Mar 31, 2023 | 63.78% |
| Dec 31, 2022 | 63.24% |
| Sep 30, 2022 | 67.55% |
| Jun 30, 2022 | 64.78% |
| Mar 31, 2022 | 66.62% |
| Dec 31, 2021 | 64.40% |
| Sep 30, 2021 | 72.01% |
| Jun 30, 2021 | 71.35% |