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

Merchants Bancorp has reported Free Cash Flow for 11 years, with the latest figure at -$598.5 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow fell 523.91% year-over-year to -$598.5 million; the trailing twelve-month figure through Mar 2026 stood at -$1.1 billion (down 237.56% YoY), and the FY2025 full-year result was -$362.2 million, up 57.57% from the prior year.
• Free Cash Flow for Q1 2026 stood at -$598.5 million, down from -$417.1 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.
• Average Free Cash Flow over 5 years is -$71.1 million, with a median of -$243.4 million recorded in 2023.
• Year-over-year, Free Cash Flow jumped 339.67% in 2022 and sank 2466.61% in 2025.
• Tracing MBIN's Free Cash Flow over 5 years: stood at -$858.7 million in 2022, then soared by 185.27% to $732.3 million in 2023, then slumped by 102.22% to -$16.3 million in 2024, then slumped by 2466.61% to -$417.1 million in 2025, then tumbled 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.

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