Merchants Bancorp (MBIN) Intangibles (2016 - 2026)
Merchants Bancorp's Intangibles was $236.95 million in Q2 2026, up 22.7% from $193.04 million a year earlier and up 3.2% from the prior quarter.
Merchants Bancorp (MBIN) Intangibles (2016 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Merchants Bancorp came in at $217.3 million, up 14.4% from FY2024.
- Intangibles has now increased for six consecutive years, with a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- In earlier years, Intangibles was $189.94 million in FY2024 (+19.9%), $158.46 million in FY2023 (+8.3%), $146.25 million in FY2022 (+32.5%) and $110.35 million in FY2021 (+33.6%).
- The Q2 2026 figure marks the highest quarterly Intangibles in data going back to Q4 2016.
- Compared with a year earlier, Intangibles has increased for 24 straight quarters, with growth averaging 15.7% over the last eight quarters.
- The year-over-year growth in Intangibles has ranged between 8.0% (Q2 2025) and 39.2% (Q3 2021) over the last five years.
- Per Business Quant data, MBIN's Intangibles in the three quarters before Q2 2026 was $229.58 million (Q1 2026), $217.3 million (Q4 2025) and $213.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 91.48 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 5.87 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 5.26 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Merchants Bancorp | 2.25 Bn | -1.25 Bn | - | 236.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 236.95 Mn |
| Mar 31, 2026 | 229.58 Mn |
| Dec 31, 2025 | 217.30 Mn |
| Sep 30, 2025 | 213.16 Mn |
| Jun 30, 2025 | 193.04 Mn |
| Mar 31, 2025 | 189.71 Mn |
| Dec 31, 2024 | 189.94 Mn |
| Sep 30, 2024 | 177.33 Mn |
| Jun 30, 2024 | 178.78 Mn |
| Mar 31, 2024 | 172.20 Mn |
| Dec 31, 2023 | 158.46 Mn |
| Sep 30, 2023 | 162.14 Mn |
| Jun 30, 2023 | 147.29 Mn |
| Mar 31, 2023 | 143.87 Mn |
| Dec 31, 2022 | 146.25 Mn |
| Sep 30, 2022 | 144.98 Mn |
| Jun 30, 2022 | 130.71 Mn |
| Mar 31, 2022 | 121.04 Mn |
| Dec 31, 2021 | 110.35 Mn |
| Sep 30, 2021 | 105.47 Mn |
Merchants Bancorp Intangibles 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=intangibles&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();