Merchants Bancorp Net Income 2015–2025
Merchants Bancorp reported $173.55M of net income for fiscal 2025. That was 38.8% lower than fiscal 2024. Compared with fiscal 2020, the change was -3.9%.
| Fiscal year | Net Income | Net margin | Change (YoY) |
|---|---|---|---|
| FY 2025 | $173.55M | 25.5% | -38.8% |
| FY 2024 | $283.65M | 42.3% | +16.0% |
| FY 2023 | $244.56M | 43.5% | +26.2% |
| FY 2022 | $193.74M | 43.6% | -14.7% |
| FY 2021 | $227.10M | — | +25.8% |
| FY 2020 | $180.53M | — | +133.5% |
| FY 2019 | $77.33M | — | +23.0% |
| FY 2018 | $62.87M | — | +15.0% |
| FY 2017 | $54.68M | — | +65.1% |
| FY 2016 | $33.13M | — | +16.7% |
| FY 2015 | $28.38M | — | — |
Source: Merchants Bancorp SEC filings — income statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open MBIN 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Merchants Bancorp reported $173.55M of net income for fiscal 2025. That was 38.8% lower than fiscal 2024. Compared with fiscal 2020, the change was -3.9%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.
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What is Merchants Bancorp's net income?
Merchants Bancorp (MBIN) reported net income of $173.55M for fiscal year 2025, per its SEC filings.
How has Merchants Bancorp's net income changed over time?
Between fiscal 2015 and 2025, MBIN's net income grew at roughly 19.8% per year (compound annual rate), from $28.38M to $173.55M.
Where does this data come from?
Figures are computed from Merchants Bancorp's official SEC filings (income statement (10-K)), refreshed nightly. Not investment advice.