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| Date | Value |
|---|---|
| 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 |