KPIs & Operating Metrics(New)

Merchants Bancorp (MBIN) EBT Margin (2016 - 2026)

Merchants Bancorp's quarterly EBT Margin came in at 48.11% in Q1 2026, down 433.0% year-on-year from 14.45% in Q1 2025, and up 20.64% quarter-over-quarter from 39.88% in Q4 2025.

Merchants Bancorp has reported EBT Margin for 11 years, with the latest figure at 48.11% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 433.0% year-over-year to 48.11%; the trailing twelve-month figure through Mar 2026 stood at 38.21% (down 2112.0% YoY), and the FY2025 full-year result was 38.71%, down 2430.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 48.11%, up from 39.88% in the prior quarter.
  • The five-year high for EBT Margin was 69.42% in Q3 2023, with the low at 27.25% in Q2 2025.
  • Average EBT Margin over 5 years is 56.74%, with a median of 62.64% recorded in 2023.
  • Year-over-year, EBT Margin surged 1155 bps in 2024 and sank 3491 bps in 2025.
  • Tracing MBIN's EBT Margin over 5 years: stood at 63.24% in 2022, then decreased by 1 bps to 62.64% in 2023, then climbed by 5 bps to 66.0% in 2024, then tumbled by 40 bps to 39.88% in 2025, then increased 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 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 311.44%
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 33.63%
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 27.98%
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 35.47%
10 Merchants Bancorp 2.11 Bn 1.48 Bn - 48.11%

Historic Data

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DateValue
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%
Mar 31, 2021 72.61%
Dec 31, 2020 71.80%
Sep 30, 2020 71.76%
Jun 30, 2020 71.55%
Mar 31, 2020 56.59%
Dec 31, 2019 65.47%
Sep 30, 2019 61.55%
Jun 30, 2019 57.60%
Mar 31, 2019 50.77%
Dec 31, 2018 54.28%
Sep 30, 2018 63.08%
Jun 30, 2018 61.59%
Mar 31, 2018 62.84%
Dec 31, 2017 63.97%
Sep 30, 2017 63.95%
Jun 30, 2017 73.72%
Mar 31, 2017 68.18%
Dec 31, 2016 65.51%
Sep 30, 2016 72.13%
Jun 30, 2016 65.59%
Mar 31, 2016 58.56%