Merchants Bancorp (MBIN) Non-Interest Income (2016 - 2026)
Merchants Bancorp (MBIN) reported Non-Interest Income of $45.68 million for Q2 2026, down 9.5% from $50.48 million a year earlier and down 2.0% from the prior quarter.
Merchants Bancorp (MBIN) Non-Interest Income (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merchants Bancorp's Non-Interest Income came in at $182.49 million, up 21.6% year-over-year; for FY2025, it came in at $164.39 million, up 11.0% from FY2024.
- Non-Interest Income has a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- By year, Non-Interest Income came in at $148.11 million in FY2024 (+29.2%), $114.67 million in FY2023 (-8.9%), $125.94 million in FY2022 (-20.0%) and $157.33 million in FY2021 (+23.4%).
- Five-year quarterly Non-Interest Income spans a low of $14.26 million in Q1 2023 and a high of $59.15 million in Q4 2024.
- Year over year, Non-Interest Income gained in four of the last eight quarters, with growth averaging 32.6%.
- The high point for year-over-year Non-Interest Income in five years was Q1 2024 (growth of 186.6%); the low point was Q1 2023 (a decline of 58.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $46.6 million (Q1 2026), $47.2 million (Q4 2025) and $43.01 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Interest Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 31.84 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 15.56 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 18.57 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 4.90 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 16.38 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 10.31 Bn |
| 10 | Merchants Bancorp | 2.29 Bn | -1.20 Bn | - | 45.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.68 Mn |
| Mar 31, 2026 | 46.60 Mn |
| Dec 31, 2025 | 47.20 Mn |
| Sep 30, 2025 | 43.01 Mn |
| Jun 30, 2025 | 50.48 Mn |
| Mar 31, 2025 | 23.69 Mn |
| Dec 31, 2024 | 59.15 Mn |
| Sep 30, 2024 | 16.74 Mn |
| Jun 30, 2024 | 31.35 Mn |
| Mar 31, 2024 | 40.87 Mn |
| Dec 31, 2023 | 34.45 Mn |
| Sep 30, 2023 | 36.07 Mn |
| Jun 30, 2023 | 29.88 Mn |
| Mar 31, 2023 | 14.26 Mn |
| Dec 31, 2022 | 22.98 Mn |
| Sep 30, 2022 | 29.19 Mn |
| Jun 30, 2022 | 39.17 Mn |
| Mar 31, 2022 | 34.60 Mn |
| Dec 31, 2021 | 40.27 Mn |
| Sep 30, 2021 | 40.27 Mn |
Merchants Bancorp Non-Interest Income 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=non-interest-income&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-interest-income", "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=non-interest-income&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();