Merchants Bancorp (MBIN)

Profitability & Net Margin History

Current Net Margin

19.13%

Merchants Bancorp currently has a net profit margin of 19.13%.

Financial Fundamentals

MBIN • Quarterly Data • 5Y View

Date	Rev ($B)	NI ($B)	Net Margin	Change (bps)
2025-12-31	0.35	0.07	19.13%	▲321
2025-09-30	0.34	0.05	15.92%	▲519
2025-06-30	0.35	0.04	10.74%	▼804
2025-03-31	0.31	0.06	18.78%	▼641
2024-12-31	0.38	0.10	25.19%	▲791
2024-09-30	0.35	0.06	17.28%	▼402
2024-06-30	0.36	0.08	21.30%	▼328
2024-03-31	0.35	0.09	24.59%	▲217
2023-12-31	0.35	0.08	22.42%	▼215
2023-09-30	0.33	0.08	24.57%	▲182
2023-06-30	0.29	0.07	22.75%	▼170
2023-03-31	0.22	0.05	24.45%	▼366
2022-12-31	0.20	0.06	28.11%	▼798
2022-09-30	0.16	0.06	36.09%	▼630
2022-06-30	0.13	0.05	42.38%	▼345
2022-03-31	0.11	0.05	45.83%	▲36
2021-12-31	0.12	0.06	45.48%	▼502
2021-09-30	0.12	0.06	50.50%	▲76
2021-06-30	0.10	0.05	49.74%	▼150
2021-03-31	0.12	0.06	51.24%	▲45
2020-12-31	0.12	0.06	50.80%	▲167
2020-09-30	0.11	0.06	49.12%	▲455
2020-06-30	0.09	0.04	44.57%	▲1351
2020-03-31	0.08	0.02	31.06%	▼410
2019-12-31	0.09	0.03	35.16%	▲595
2019-09-30	0.07	0.02	29.21%	▲51
2019-06-30	0.06	0.02	28.70%	▲377
2019-03-31	0.04	0.01	24.93%	▼393
2018-12-31	0.05	0.02	28.85%	▼585
2018-09-30	0.05	0.02	34.71%	▼51
2018-06-30	0.04	0.02	35.21%	▼302
2018-03-31	0.04	0.02	38.23%	▼1161
2017-12-31	0.04	0.02	49.84%	▲1806
2017-09-30	0.03	0.01	31.77%	▼704
2017-06-30	0.04	0.01	38.82%	▲399
2017-03-31	0.03	0.01	34.83%	▲172
2016-12-31	0.03	0.01	33.11%	▼519
2016-09-30	0.03	0.01	38.30%	▼80
2016-06-30	0.02	0.01	39.10%	▲453
2016-03-31	0.01	0.00	34.57%	—

* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.