Merchants Bancorp (MBIN)

Merchants Bancorp Revenue

Merchants Bancorp had revenue of $173.03M in the quarter ending June 30, 2026, with 37.14% growth. This brings the company's revenue in the last twelve months to $632.34M, up 5.73% year-over-year. In the year 2025, Merchants Bancorp had annual revenue of $563.69M, down -12.80%. That makes Merchants Bancorp the 9,874th largest company in the world by revenue and 2,139th in the United States.

• Revenue (ttm): $632.34M
• Revenue Growth: +5.73%
• P/S Ratio: 3.55
• Revenue / Employee: $860,325
• Employees: 735
• Market Cap: 2.25B

Revenue Chart

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Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	563.69M	-82.76M	-12.80%
Dec 31, 2024	646.45M	123.95M	23.72%
Dec 31, 2023	522.51M	95.32M	22.31%
Dec 31, 2022	427.19M	-3.12M	-0.73%
Dec 31, 2021	430.32M	90.53M	26.64%
Dec 31, 2020	339.78M	174.33M	105.37%
Dec 31, 2019	165.45M	165.31M	122,519.64%
Dec 31, 2018	134.93K	23.12K	20.68%
Dec 31, 2017	111.81K	-81.40M	-99.86%
Dec 31, 2016	81.52M	13.41M	19.69%
Dec 31, 2015	68.10M	-	-

Data Source: Fiscal.ai Last updated: Aug 7, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 8, 2026

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