Merchants Bancorp (MBINM) Net Margin (2016 - 2026)
Merchants Bancorp (MBINM) recorded Net Margin of 37.34% in Q2 2026, up 21.87 percentage points from 15.47% a year earlier and up 4.55 percentage points from the prior quarter.
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Analysis
Merchants Bancorp (MBINM) Net Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Merchants Bancorp's Net Margin came in at 32.04% as of Jun 30, 2026, up 0.81 percentage points year-over-year; for FY2025, it was 25.47%, down 16.82 percentage points from FY2024.
- Annual Net Margin has declined for four straight years, with a five-year change of -21.76 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 42.29% in FY2024 (-1.17 pp), 43.46% in FY2023 (-0.13 pp), 43.59% in FY2022 (-3.79 pp) and 47.37% in FY2021 (+0.15 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -6.44 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 21.87 percentage points in Q2 2026, against a drop of 26.43 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 32.79% (Q1 2026), 31.73% (Q4 2025) and 25.98% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.34% |
| Mar 31, 2026 | 32.79% |
| Dec 31, 2025 | 31.73% |
| Sep 30, 2025 | 25.98% |
| Jun 30, 2025 | 15.47% |
| Mar 31, 2025 | 29.20% |
| Dec 31, 2024 | 43.83% |
| Sep 30, 2024 | 35.78% |
| Jun 30, 2024 | 41.90% |
| Mar 31, 2024 | 46.68% |
| Dec 31, 2023 | 43.33% |
| Sep 30, 2023 | 47.45% |
| Jun 30, 2023 | 41.80% |
| Mar 31, 2023 | 40.27% |
| Dec 31, 2022 | 40.85% |
| Sep 30, 2022 | 46.05% |
| Jun 30, 2022 | 43.35% |
| Mar 31, 2022 | 44.27% |
| Dec 31, 2021 | 43.78% |
| Sep 30, 2021 | 48.35% |
API Access
Merchants Bancorp Net Margin 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-margin&ticker=MBINM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();