Merchants Bancorp (MBIN) Tax Rate (2016 - 2026)
Merchants Bancorp's Tax Rate came in at 21.53% for Q2 2026, down 0.70 percentage points from 22.23% a year earlier but up 1.87 percentage points from the prior quarter.
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Analysis
Merchants Bancorp (MBIN) Tax Rate (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merchants Bancorp reported Tax Rate of 16.73%, down 7.60 percentage points year-over-year; for FY2025, it came in at 17.07%, down 7.12 percentage points from FY2024.
- Tax Rate carries a five-year change of -8.75 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 24.19% in FY2024 (+4.46 pp), 19.74% in FY2023 (-4.79 pp), 24.53% in FY2022 (-0.99 pp) and 25.52% in FY2021 (-0.29 pp).
- The five-year range for quarterly Tax Rate is 4.77% (Q2 2023) to 25.57% (Q3 2021).
- Year-over-year, Tax Rate has declined for five consecutive quarters, with an average year-over-year change of -3.47 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 18.16 percentage points), and the weakest in Q2 2023 (a drop of 20.35 percentage points).
- Business Quant data shows MBIN's Tax Rate at 19.66% (Q1 2026), 8.17% (Q4 2025) and 15.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.53% |
| Mar 31, 2026 | 19.66% |
| Dec 31, 2025 | 8.17% |
| Sep 30, 2025 | 15.30% |
| Jun 30, 2025 | 22.23% |
| Mar 31, 2025 | 23.87% |
| Dec 31, 2024 | 25.19% |
| Sep 30, 2024 | 24.68% |
| Jun 30, 2024 | 22.93% |
| Mar 31, 2024 | 23.83% |
| Dec 31, 2023 | 22.10% |
| Sep 30, 2023 | 23.51% |
| Jun 30, 2023 | 4.77% |
| Mar 31, 2023 | 25.05% |
| Dec 31, 2022 | 23.67% |
| Sep 30, 2022 | 24.43% |
| Jun 30, 2022 | 25.12% |
| Mar 31, 2022 | 24.98% |
| Dec 31, 2021 | 24.16% |
| Sep 30, 2021 | 25.57% |
API Access
Merchants Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MBIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();