Merchants Bancorp (MBIN) Research & Development (2016 - 2026)

Merchants Bancorp has reported Research & Development for 11 years, with the latest figure at $2.9 million in Q2 2026.

• On a quarterly basis, Research & Development rose 18.27% year-over-year to $2.9 million in Q2 2026; TTM through Jun 2026 was $10.8 million, a 20.89% increase from a year earlier, with the FY2025 full-year figure at $10.0 million, up 28.39% from the prior year.
• Research & Development was $2.9 million for Q2 2026 at Merchants Bancorp, up from $2.7 million in the prior quarter.
• The five-year high for Research & Development was $2.9 million in Q2 2026, with the low at $1.2 million in Q1 2022.
• Average Research & Development over 5 years is $2.0 million, with a median of $1.9 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2026: Research & Development soared 34.29% in 2022, then increased 12.85% in 2026.
• Over 5 years, Research & Development stood at $1.4 million in 2022, then rose by 24.06% to $1.8 million in 2023, then increased by 15.93% to $2.0 million in 2024, then grew by 28.12% to $2.6 million in 2025, then increased by 10.8% to $2.9 million in 2026.
• The last three Research & Development figures came in at $2.9 million (Q2 2026), $2.7 million (Q1 2026), and $2.6 million (Q4 2025), per Business Quant data.