Merchants Bancorp (MBIN) FCF Margin (2016 - 2026)
Merchants Bancorp's FCF Margin came in at 115.73% for Q2 2026, up 185.84 percentage points from -70.12% a year earlier and up 457.23 percentage points from the prior quarter.
Merchants Bancorp (MBIN) FCF Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merchants Bancorp reported FCF Margin of -107.21%, down 32.72 percentage points year-over-year; for FY2025, it was -53.15%, up 74.12 percentage points from FY2024.
- FCF Margin carries a five-year change of +196.70 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -127.27% in FY2024 (-62.60 pp), -64.67% in FY2023 (-282.68 pp), 218.01% in FY2022 (+230.15 pp) and -12.14% in FY2021 (+237.70 pp).
- The Q2 2026 figure represents the highest quarterly FCF Margin since Q4 2023.
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -41.27 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2022 (a gain of 1440.02 percentage points), and the weakest in Q1 2023 (a drop of 1550.75 percentage points).
- Business Quant data shows MBIN's FCF Margin at -341.50% (Q1 2026), -216.80% (Q4 2025) and 14.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | -44.09% |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 92.03% |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | -16.70% |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 189.34% |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 27.55% |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 29.95% |
| 10 | Merchants Bancorp | 2.28 Bn | -1.22 Bn | - | 115.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 115.73% |
| Mar 31, 2026 | -341.50% |
| Dec 31, 2025 | -216.80% |
| Sep 30, 2025 | 14.02% |
| Jun 30, 2025 | -70.12% |
| Mar 31, 2025 | 96.77% |
| Dec 31, 2024 | -8.39% |
| Sep 30, 2024 | -332.42% |
| Jun 30, 2024 | 28.74% |
| Mar 31, 2024 | -229.90% |
| Dec 31, 2023 | 461.18% |
| Sep 30, 2023 | -358.45% |
| Jun 30, 2023 | -179.62% |
| Mar 31, 2023 | -263.21% |
| Dec 31, 2022 | -725.32% |
| Sep 30, 2022 | 836.23% |
| Jun 30, 2022 | -379.52% |
| Mar 31, 2022 | 1,287.55% |
| Dec 31, 2021 | 299.30% |
| Sep 30, 2021 | -603.79% |
Merchants Bancorp FCF 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=fcf-margin&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();