Merchants Bancorp profit margin MBIN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 37.6%
- Net margin on a year earlier
- −0.2 pts
- Peer median
- 30.5%
Over the twelve months to Jun 30, 2026, Merchants Bancorp kept 37.6% of its revenue as net profit.
Five years earlier its net margin was 53.2%.
The median for 10 regional banks of a similar size is 30.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 32.1% |
| FY2024 | 47.8% |
| FY2023 | 49.6% |
| FY2022 | 49.4% |
| FY2021 | 52.2% |
| FY2020 | 51.3% |
| FY2019 | 45.7% |
| FY2018 | 45.1% |
| FY2017 | 47.9% |
| FY2016 | 40.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 37.6% | −0.2 pts | |
| Q1 FY26 | 32.1% | −12.8 pts | |
| Q4 FY25 | 32.1% | −15.7 pts | |
| Q3 FY25 | 35.7% | −11.8 pts | |
| Q2 FY25 | 37.9% | −12.5 pts | |
| Q1 FY25 | 44.9% | −5.6 pts | |
| Q4 FY24 | 47.8% | −1.9 pts | |
| Q3 FY24 | 47.5% | −2.0 pts | |
| Q2 FY24 | 50.4% | +1.6 pts | |
| Q1 FY24 | 50.6% | +1.7 pts | |
| Q4 FY23 | 49.6% | +0.2 pts | |
| Q3 FY23 | 49.6% | −0.0 pts |
Against its peers
Companies in Banks - Regional nearest Merchants Bancorp's size, closest first, today.
| Company | Profit margin |
|---|---|
| MBINMerchants Bancorp | 37.6% |
| EFSCEnterprise Financial Services | 24.8% |
| OFGOFG Bancorp | 29.5% |
| BANRBanner | n/m |
| SRCE1ST Source | 38.5% |
| HTHHilltop | 12.7% |
| SYBTStock Yards Bancorp | 35.3% |
| BUSEFirst Busey | 29.3% |
| BBTBeacon Financial | n/m |
| GABCGerman American Bancorp | 36.8% |
| FBNCFirst Bancorp | 31.5% |
| Peer median | 30.5% |
Where Merchants Bancorp ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Merchants Bancorp
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.