Merchants Bancorp (MBINM) Technology and Communications (2016 - 2026)
Merchants Bancorp (MBINM) posted Technology and Communications of $3.96 million for Q3 2026, up 51.8% from $2.61 million a year earlier and up 36.8% from the prior quarter.
Merchants Bancorp (MBINM) Technology and Communications (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Technology and Communications at Merchants Bancorp was $12.14 million, up 28.3% year-over-year; for FY2025, it came in at $10.04 million, up 28.4% from FY2024.
- Annual Technology and Communications has increased for ten consecutive years, with a five-year compound annual growth rate of 26.8% (FY2020 to FY2025).
- In prior years, Merchants Bancorp's Technology and Communications was $7.82 million in FY2024 (+20.0%), $6.52 million in FY2023 (+23.3%), $5.28 million in FY2022 (+25.8%) and $4.2 million in FY2021 (+37.2%).
- The Q3 2026 figure stands as the highest quarterly Technology and Communications in data going back to Q3 2016.
- On a year-over-year basis, Technology and Communications has increased in each of the last 23 quarters, with growth averaging 26.6% over the last eight quarters.
- Over the past five years, the year-over-year growth in Technology and Communications ranged from 12.8% (Q1 2026) to 51.8% (Q3 2026).
- According to Business Quant data, Technology and Communications for the three prior quarters was $2.89 million (Q2 2026), $2.68 million (Q1 2026) and $2.61 million (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.89 Mn |
| Mar 31, 2026 | 2.68 Mn |
| Dec 31, 2025 | 2.61 Mn |
| Sep 30, 2025 | 2.61 Mn |
| Jun 30, 2025 | 2.45 Mn |
| Mar 31, 2025 | 2.37 Mn |
| Dec 31, 2024 | 2.04 Mn |
| Sep 30, 2024 | 2.07 Mn |
| Jun 30, 2024 | 1.86 Mn |
| Mar 31, 2024 | 1.85 Mn |
| Dec 31, 2023 | 1.76 Mn |
| Sep 30, 2023 | 1.61 Mn |
| Jun 30, 2023 | 1.57 Mn |
| Mar 31, 2023 | 1.58 Mn |
| Dec 31, 2022 | 1.42 Mn |
| Sep 30, 2022 | 1.33 Mn |
| Jun 30, 2022 | 1.30 Mn |
| Mar 31, 2022 | 1.24 Mn |
| Dec 31, 2021 | 1.12 Mn |
| Sep 30, 2021 | 1.17 Mn |
Merchants Bancorp Technology and Communications 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=technology-and-communications&ticker=MBINM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "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=technology-and-communications&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();