Merchants Bancorp (MBIN) Tax Provisions (2016 - 2026)
Merchants Bancorp (MBIN) posted quarterly Tax Provisions of $16.6 million for Q1 2026, down 9.23% year-over-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.
- In Q1 2026, Tax Provisions fell 9.23% year-over-year to $16.6 million; the TTM figure through Mar 2026 stood at $43.3 million (up 286.15% YoY), while the FY2025 annual figure was $45.0 million, up 122.88% from the prior year.
- Tax Provisions for Q1 2026 stood at $16.6 million, up from $6.0 million in the prior quarter.
- The five-year high for Tax Provisions was $27.2 million in Q1 2024, with the low 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.
- Peak annual rise in Tax Provisions reached 594.32% in 2024, while the deepest fall reached 296.68% in 2024.
- Merchants Bancorp's Tax Provisions stood at $17.7 million in 2022, then soared by 43.01% to $25.3 million in 2023, then slumped by 296.68% to -$49.8 million in 2024, then soared by 112.11% to $6.0 million in 2025, then soared by 174.63% to $16.6 million in 2026.
- Business Quant data shows MBIN's Tax Provisions at $16.6 million in Q1 2026, $6.0 million in Q4 2025, and $9.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Merchants Bancorp | 2.51 Bn | 1.67 Bn | - | 21.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.48 Mn |
| 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 |