Merchants Bancorp (MBIN) Free Cash Flow (2016 - 2026)

Merchants Bancorp's Free Cash Flow history runs 11 years deep, the most recent figure standing at -$598.5 million for Q1 2026.

• In Q1 2026, Free Cash Flow fell 523.91% year-over-year to -$598.5 million; the TTM figure through Mar 2026 stood at -$1.1 billion (down 237.56% YoY), while the FY2025 annual figure was -$362.2 million, up 57.57% from the prior year.
• Free Cash Flow was -$598.5 million for Q1 2026 at Merchants Bancorp, down from -$417.1 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $1.3 billion in Q1 2022 to a low of -$858.7 million in Q4 2022.
• Historically, Free Cash Flow has averaged -$71.1 million across 5 years, with a median of -$243.4 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 339.67% in 2022, then sank 2466.61% in 2025.
• A 5-year view of Free Cash Flow shows it stood at -$858.7 million in 2022, then surged by 185.27% to $732.3 million in 2023, then tumbled by 102.22% to -$16.3 million in 2024, then tumbled by 2466.61% to -$417.1 million in 2025, then plunged by 43.47% to -$598.5 million in 2026.
• The last three Free Cash Flow figures came in at -$598.5 million (Q1 2026), -$417.1 million (Q4 2025), and $30.7 million (Q3 2025), per Business Quant data.