Merchants Bancorp (MBINM) Net Income (2016 - 2026)
Merchants Bancorp (MBINM) posted Net Income of $78.3 million for Q2 2026, up 106.2% from $37.98 million a year earlier and up 15.6% from the prior quarter.
Merchants Bancorp (MBINM) Net Income (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Merchants Bancorp was $268.59 million, up 6.1% year-over-year; for FY2025, it came in at $218.77 million, down 31.7% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- In prior years, Merchants Bancorp's Net Income was $320.39 million in FY2024 (+14.7%), $279.23 million in FY2023 (+27.1%), $219.72 million in FY2022 (-3.3%) and $227.1 million in FY2021 (+25.8%).
- The Q2 2026 figure stands as the highest quarterly Net Income since Q4 2024.
- On a year-over-year basis, Net Income increased in three of the last eight quarters, with an average decline of 0.3%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2026, with growth of 106.2%; the weakest was Q2 2025, with a decline of 50.3%.
- According to Business Quant data, Net Income for the three prior quarters was $67.73 million (Q1 2026), $67.85 million (Q4 2025) and $54.7 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.30 Mn |
| Mar 31, 2026 | 67.73 Mn |
| Dec 31, 2025 | 67.85 Mn |
| Sep 30, 2025 | 54.70 Mn |
| Jun 30, 2025 | 37.98 Mn |
| Mar 31, 2025 | 58.24 Mn |
| Dec 31, 2024 | 95.67 Mn |
| Sep 30, 2024 | 61.27 Mn |
| Jun 30, 2024 | 76.39 Mn |
| Mar 31, 2024 | 87.05 Mn |
| Dec 31, 2023 | 77.47 Mn |
| Sep 30, 2023 | 81.50 Mn |
| Jun 30, 2023 | 65.30 Mn |
| Mar 31, 2023 | 54.96 Mn |
| Dec 31, 2022 | 57.16 Mn |
| Sep 30, 2022 | 58.49 Mn |
| Jun 30, 2022 | 53.94 Mn |
| Mar 31, 2022 | 50.14 Mn |
| Dec 31, 2021 | 55.20 Mn |
| Sep 30, 2021 | 58.50 Mn |
Merchants Bancorp Net Income 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=net-income&ticker=MBINM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "MBINM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();