Merchants Bancorp (MBIN) Net Income (2016 - 2026)
Merchants Bancorp (MBIN) posted quarterly Net Income of $67.7 million for Q1 2026, up 16.3% year-over-year from $58.2 million in Q1 2025, and little changed quarter-over-quarter from $67.8 million in Q4 2025.
Merchants Bancorp (MBIN) Net Income (2016 - 2026) Analysis & Trends
Merchants Bancorp's Net Income history runs 11 years deep, the most recent figure standing at $67.7 million for Q1 2026.
- In Q1 2026, Net Income rose 16.3% year-over-year to $67.7 million; the TTM figure through Mar 2026 stood at $228.3 million (down 38.91% YoY), while the FY2025 annual figure was $218.8 million, down 45.64% from the prior year.
- Net Income for Q1 2026 stood at $67.7 million, roughly flat from $67.8 million in the prior quarter.
- The five-year high for Net Income was $177.7 million in Q4 2024, with the low at $38.0 million in Q2 2025.
- The 5-year median for Net Income is $61.3 million (2024), against an average of $69.7 million.
- The sharpest annual moves came in 2024 and 2025: Net Income surged 139.8% in 2024, then plunged 61.82% in 2025.
- Merchants Bancorp's Net Income stood at $57.2 million in 2022, then advanced by 29.67% to $74.1 million in 2023, then jumped by 139.8% to $177.7 million in 2024, then slumped by 61.82% to $67.8 million in 2025, then fell by 0.17% to $67.7 million in 2026.
- Business Quant data shows MBIN's Net Income at $67.7 million in Q1 2026, $67.8 million in Q4 2025, and $54.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.06 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.18 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.98 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 3.89 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.79 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 1.41 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.55 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 801.00 Mn |
| 10 | Merchants Bancorp | 2.51 Bn | 1.67 Bn | - | 78.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.30 Mn |
| Mar 31, 2026 | 67.73 Mn |
| Dec 31, 2025 | 67.85 Mn |
| Sep 30, 2025 | 54.70 Mn |
| Jun 30, 2025 | 37.98 Mn |
| Mar 31, 2025 | 58.24 Mn |
| Dec 31, 2024 | 177.72 Mn |
| Sep 30, 2024 | 61.27 Mn |
| Jun 30, 2024 | 76.39 Mn |
| Mar 31, 2024 | 87.05 Mn |
| Dec 31, 2023 | 74.11 Mn |
| Sep 30, 2023 | 81.50 Mn |
| Jun 30, 2023 | 65.30 Mn |
| Mar 31, 2023 | 54.96 Mn |
| Dec 31, 2022 | 57.16 Mn |
| Sep 30, 2022 | 58.49 Mn |
| Jun 30, 2022 | 53.94 Mn |
| Mar 31, 2022 | 50.14 Mn |
| Dec 31, 2021 | 55.20 Mn |
| Sep 30, 2021 | 58.50 Mn |