Merchants Bancorp (MBIN) Tax Provisions (2016 - 2026)
Merchants Bancorp's (MBIN) quarterly Tax Provisions came in at $16.6 million in Q1 2026, down 9.23% year-on-year from $18.3 million in Q1 2025, and up 174.63% quarter-over-quarter from $6.0 million in Q4 2025.
Merchants Bancorp (MBIN) Tax Provisions (2016 - 2026) Analysis & Trends
Merchants Bancorp's Tax Provisions history runs 11 years deep, the most recent figure standing at $16.6 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 9.23% year-over-year to $16.6 million in Q1 2026; TTM through Mar 2026 was $43.3 million, a 286.15% increase from a year earlier, with the FY2025 full-year figure at $45.0 million, up 122.88% from the prior year.
- Tax Provisions rose to $16.6 million in Q1 2026 per MBIN's latest filing, from $6.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $27.2 million in Q1 2024 and bottomed at -$49.8 million in Q4 2024.
- The 5-year median for Tax Provisions is $18.1 million (2022), against an average of $13.3 million.
- Biggest YoY gain for Tax Provisions was 594.32% in 2024; the steepest drop was 296.68% in 2024.
- Year by year, Tax Provisions stood at $17.7 million in 2022, then jumped by 43.01% to $25.3 million in 2023, then sank by 296.68% to -$49.8 million in 2024, then jumped by 112.11% to $6.0 million in 2025, then jumped by 174.63% to $16.6 million in 2026.
- Per Business Quant, the three latest MBIN Tax Provisions figures stand at $16.6 million (Q1 2026), $6.0 million (Q4 2025), and $9.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | Merchants Bancorp | 2.14 Bn | 1.51 Bn | - | 16.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.57 Mn |
| Dec 31, 2025 | 6.04 Mn |
| Sep 30, 2025 | 9.88 Mn |
| Jun 30, 2025 | 10.85 Mn |
| Mar 31, 2025 | 18.26 Mn |
| Dec 31, 2024 | -49.84 Mn |
| Sep 30, 2024 | 20.07 Mn |
| Jun 30, 2024 | 22.73 Mn |
| Mar 31, 2024 | 27.24 Mn |
| Dec 31, 2023 | 25.34 Mn |
| Sep 30, 2023 | 25.06 Mn |
| Jun 30, 2023 | 3.27 Mn |
| Mar 31, 2023 | 18.36 Mn |
| Dec 31, 2022 | 17.72 Mn |
| Sep 30, 2022 | 18.91 Mn |
| Jun 30, 2022 | 18.10 Mn |
| Mar 31, 2022 | 16.70 Mn |
| Dec 31, 2021 | 17.58 Mn |
| Sep 30, 2021 | 20.10 Mn |
| Jun 30, 2021 | 17.98 Mn |