Merchants Bancorp (MBIN) Free Cash Flow (2016 - 2026)
Merchants Bancorp (MBIN) posted quarterly Free Cash Flow of -$598.5 million for Q1 2026, down 512.86% year-over-year from $145.0 million in Q1 2025, and down 57.1% quarter-over-quarter from -$380.9 million in Q4 2025.
Merchants Bancorp (MBIN) Free Cash Flow (2016 - 2026) Analysis & Trends
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 512.86% year-over-year to -$598.5 million; the TTM figure through Mar 2026 stood at -$1.1 billion (down 236.25% YoY), while the FY2025 annual figure was -$341.4 million, up 60.0% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$598.5 million, down from -$380.9 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.3 billion in Q1 2022, with the low at -$858.7 million in Q4 2022.
- The 5-year median for Free Cash Flow is -$243.4 million (2023), against an average of -$69.9 million.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow jumped 339.67% in 2022, then tumbled 2243.99% in 2025.
- Merchants Bancorp's Free Cash Flow stood at -$858.7 million in 2022, then jumped by 185.27% to $732.3 million in 2023, then slumped by 102.22% to -$16.3 million in 2024, then sank by 2243.99% to -$380.9 million in 2025, then slumped by 57.1% to -$598.5 million in 2026.
- Business Quant data shows MBIN's Free Cash Flow at -$598.5 million in Q1 2026, -$380.9 million in Q4 2025, and $24.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.15 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.82 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 955.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Merchants Bancorp | 2.51 Bn | 1.67 Bn | - | 210.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 210.87 Mn |
| Jun 30, 2026 | 210.87 Mn |
| Mar 31, 2026 | -598.47 Mn |
| Mar 31, 2026 | -598.47 Mn |
| Dec 31, 2025 | -380.95 Mn |
| Dec 31, 2025 | -380.95 Mn |
| Sep 30, 2025 | 23.98 Mn |
| Sep 30, 2025 | 23.98 Mn |
| Jun 30, 2025 | -129.43 Mn |
| Jun 30, 2025 | -129.43 Mn |
| Mar 31, 2025 | 144.96 Mn |
| Mar 31, 2025 | 144.96 Mn |
| Dec 31, 2024 | -16.25 Mn |
| Dec 31, 2024 | -16.25 Mn |
| Sep 30, 2024 | -497.17 Mn |
| Sep 30, 2024 | -497.17 Mn |
| Jun 30, 2024 | 45.84 Mn |
| Jun 30, 2024 | 45.84 Mn |
| Mar 31, 2024 | -386.08 Mn |
| Mar 31, 2024 | -386.08 Mn |