Merchants Bancorp (MBINM) Return on Invested Capital [ROIC] (2017 - 2026)
Merchants Bancorp (MBINM) reported Return on Invested Capital [ROIC] of 11.66% for Q2 2026, down 1.42 percentage points from 13.08% a year earlier and down 0.18 percentage points from the prior quarter.
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Merchants Bancorp (MBINM) Return on Invested Capital [ROIC] (2017 - 2026) Analysis & Trends
For FY2025, Merchants Bancorp posted Return on Invested Capital [ROIC] of 12.32%, down 7.29 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -2.64 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 19.62% in FY2024 (-11.42 pp), 31.04% in FY2023 (+16.10 pp), 14.94% in FY2022 (+3.34 pp) and 11.61% in FY2021 (-3.36 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q2 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last eight quarters, with an average year-over-year change of -6.65 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2024 (a gain of 11.45 percentage points); the low point was Q1 2025 (a drop of 14.39 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.85% (Q1 2026), 13.97% (Q4 2025) and 13.97% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.66% |
| Mar 31, 2026 | 11.85% |
| Dec 31, 2025 | 13.97% |
| Sep 30, 2025 | 13.97% |
| Jun 30, 2025 | 13.08% |
| Mar 31, 2025 | 13.54% |
| Dec 31, 2024 | 15.02% |
| Sep 30, 2024 | 21.06% |
| Jun 30, 2024 | 27.09% |
| Mar 31, 2024 | 27.93% |
| Dec 31, 2023 | 26.37% |
| Sep 30, 2023 | 23.26% |
| Jun 30, 2023 | 20.87% |
| Mar 31, 2023 | 16.48% |
| Dec 31, 2022 | 17.55% |
| Sep 30, 2022 | 13.53% |
| Jun 30, 2022 | 10.64% |
| Mar 31, 2022 | 11.40% |
| Dec 31, 2021 | 12.28% |
| Sep 30, 2021 | 13.91% |
API Access
Merchants Bancorp Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MBINM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();