Merchants Bancorp

MBIN Financial Banks Regional

Merchants Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 5.90% from fiscal 2024.

Revenue
+13.7%
EPS
+136.0%
Free cash flow
+267.7%
Total debt
+3.96%

Quarter to September 2026, against a year earlier

52.14 1.29 −2.41%
Market cap
$2.4B
P/E
8.3×
Fwd P/E
8.4×
Dividend yield
0.82%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Merchants Bancorp (MBIN) Revenue growth

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Merchants Bancorp's revenue growth over the twelve months to 30 September 2026 was 0.89%, up 6.8 percentage points from fiscal 2025 (−5.90%). Over the past ten years it has ranged from −17.8% (fiscal 2015) to 96.5% (fiscal 2023); the current reading is higher than 18% of that period. That is below the Banks Regional industry median of 6.37% and below the Financial sector median of 7.33%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −5.90% (27.57)
FY2024 21.7% (74.86)
FY2023 96.5% 67.22
FY2022 29.3% 14.94
FY2021 14.4% (43.98)
FY2020 58.4% 22.10
FY2019 36.3% 2.41
FY2018 33.8% (6.21)
FY2017 40.1% 18.35
FY2016 21.7% 39.53

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 13.7% 17.94
Jun 2026 −4.26% (6.26)
Mar 2026 2.00% 8.79
Dec 2025 −6.79% (3.73)
36 more quarters

Against its own ten years

Low −17.8% High 96.5%
Ten-year median 29.3%
Current reading's percentile 18

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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