Merchants Bancorp (MBIN) Net Income (2016 - 2026)

Merchants Bancorp has reported Net Income for 11 years, with the latest figure at $67.7 million in Q1 2026.

• For the quarter ending Q1 2026, Net Income rose 16.3% year-over-year to $67.7 million; the trailing twelve-month figure through Mar 2026 stood at $237.6 million (down 36.42% YoY), and the FY2025 full-year result was $228.1 million, down 43.33% from the prior year.
• Net Income for Q1 2026 stood at $67.7 million, down from $77.1 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.
• Average Net Income over 5 years is $70.4 million, with a median of $61.3 million recorded in 2024.
• Year-over-year, Net Income jumped 129.39% in 2024 and plunged 56.59% in 2025.
• Tracing MBIN's Net Income over 5 years: stood at $57.2 million in 2022, then soared by 35.55% to $77.5 million in 2023, then jumped by 129.39% to $177.7 million in 2024, then sank by 56.59% to $77.1 million in 2025, then retreated by 12.2% to $67.7 million in 2026.
• The last three Net Income figures came in at $67.7 million (Q1 2026), $77.1 million (Q4 2025), and $54.7 million (Q3 2025), per Business Quant data.

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