Merchants Bancorp (MBIN) Mortgage Banking (2016 - 2026)
Merchants Bancorp (MBIN) reported Mortgage Banking of $1.86 million for Q2 2026, down 8.9% from $2.04 million a year earlier but up 14.6% from the prior quarter.
Merchants Bancorp (MBIN) Mortgage Banking (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merchants Bancorp's Mortgage Banking came in at $7.01 million, up 6.5% year-over-year; for FY2025, it was $7.09 million, up 28.0% from FY2024.
- Mortgage Banking has a five-year compound annual growth rate of -19.5% (FY2020 to FY2025).
- By year, Mortgage Banking came in at $5.54 million in FY2024 (-28.1%), $7.7 million in FY2023 (+42.8%), $5.39 million in FY2022 (-56.5%) and $12.4 million in FY2021 (-40.9%).
- Five-year quarterly Mortgage Banking spans a low of $982,000 in Q1 2024 and a high of $2.87 million in Q2 2023.
- Year over year, Mortgage Banking gained in five of the last eight quarters, with growth averaging 10.0%.
- The high point for year-over-year Mortgage Banking in five years was Q2 2023 (growth of 112.2%); the low point was Q3 2021 (a decline of 60.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.62 million (Q1 2026), $1.8 million (Q4 2025) and $1.74 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 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 | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 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 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.86 Mn |
| Mar 31, 2026 | 1.62 Mn |
| Dec 31, 2025 | 1.80 Mn |
| Sep 30, 2025 | 1.74 Mn |
| Jun 30, 2025 | 2.04 Mn |
| Mar 31, 2025 | 1.51 Mn |
| Dec 31, 2024 | 1.41 Mn |
| Sep 30, 2024 | 1.62 Mn |
| Jun 30, 2024 | 1.52 Mn |
| Mar 31, 2024 | 982,000.00 |
| Dec 31, 2023 | 1.95 Mn |
| Sep 30, 2023 | 1.86 Mn |
| Jun 30, 2023 | 2.87 Mn |
| Mar 31, 2023 | 1.03 Mn |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 1.35 Mn |
| Mar 31, 2022 | 1.86 Mn |
| Dec 31, 2021 | 2.47 Mn |
| Sep 30, 2021 | 2.73 Mn |
Merchants Bancorp Mortgage Banking 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=mortgage-banking&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "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=mortgage-banking&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();