Merchants Bancorp (MBIN) Tax Provisions (2016 - 2026)

Merchants Bancorp (MBIN) recorded quarterly Tax Provisions of $16.6 million in Q1 2026, up 607.94% quarter-over-quarter from -$3.3 million in Q4 2025, and down 9.23% on a YoY basis from $18.3 million in Q1 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.

  • In Q1 2026, Tax Provisions fell 9.23% year-over-year to $16.6 million; the TTM figure through Mar 2026 stood at $34.0 million (up 203.31% YoY), while the FY2025 annual figure was $35.7 million, up 76.86% from the prior year.
  • Tax Provisions was $16.6 million for Q1 2026 at Merchants Bancorp, up from -$3.3 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $27.2 million in Q1 2024 to a low of -$49.8 million in Q4 2024.
  • Historically, Tax Provisions has averaged $12.5 million across 5 years, with a median of $18.1 million in 2022.
  • Biggest YoY gain for Tax Provisions was 594.32% in 2024; the steepest drop was 326.75% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $17.7 million in 2022, then increased by 24.04% to $22.0 million in 2023, then tumbled by 326.75% to -$49.8 million in 2024, then jumped by 93.45% to -$3.3 million in 2025, then soared by 607.94% to $16.6 million in 2026.
  • The last three Tax Provisions figures came in at $16.6 million (Q1 2026), -$3.3 million (Q4 2025), and $9.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -78,154.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -633.64 Mn
4 First Capital 215.78 Bn 215.63 Bn - 1.03 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.25 Mn
7 NatWest 168.65 Bn -51.67 Bn - -709.14 Mn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 391.52 Mn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Merchants Bancorp 2.30 Bn 1.66 Bn - 16.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.57 Mn
Dec 31, 2025 -3.26 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 21.98 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