Seasonality
MBIN seasonality — Merchants Bancorp
Over the last 10 years, MBIN's strongest month on average has been November (+9.2%) and its weakest April (-3.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +6.56% | +3.15% | 67% | +21.7% | -7.6% | 9 |
| Feb | +1.64% | +0.99% | 56% | +14.1% | -8.4% | 9 |
| Mar | -1.20% | +0.75% | 56% | +23.2% | -15.8% | 9 |
| Apr | -3.47% | -2.74% | 33% | +12.5% | -18.7% | 9 |
| May | +2.75% | +5.30% | 67% | +19.3% | -24.7% | 9 |
| Jun | +1.83% | +3.28% | 67% | +11.9% | -11.1% | 9 |
| Jul | +3.81% | +5.05% | 56% | +23.6% | -14.1% | 9 |
| Aug | +0.89% | +1.89% | 67% | +10.7% | -11.3% | 9 |
| Sep | -2.70% | -2.64% | 22% | +7.6% | -14.5% | 9 |
| Oct | +1.06% | +3.81% | 56% | +12.6% | -17.8% | 9 |
| Nov | +9.21% | +6.85% | 100% | +23.4% | +2.7% | 9 |
| Dec | +2.46% | +3.77% | 67% | +26.5% | -16.4% | 9 |
Monthly returns heat map — MBIN
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 21.7 | 2.0 | 1.5 | 8.5 | 1.3 | 6.1 | 10.4 | -4.6 | -7.0 | 6.4 | -0.6 | +52.0% | |
| 2025 | 15.0 | -2.9 | -9.1 | -18.7 | 6.5 | 3.3 | -11.4 | 10.7 | -1.9 | -1.9 | 4.8 | 4.2 | -6.6% |
| 2024 | 2.7 | -2.0 | 0.8 | -6.6 | -0.7 | 1.2 | 11.0 | 1.9 | -1.9 | -17.8 | 11.8 | -11.7 | -14.3% |
| 2023 | 18.3 | 5.1 | -13.9 | -10.9 | -1.5 | 11.9 | 23.6 | -7.7 | -5.0 | 7.8 | 12.6 | 26.5 | +75.1% |
| 2022 | -7.6 | -0.7 | -5.4 | -14.1 | 8.4 | -11.1 | 16.7 | 1.9 | -14.5 | 3.8 | 6.8 | -5.0 | -22.9% |
| 2021 | 7.9 | 14.1 | 23.2 | -2.7 | 5.3 | -8.6 | -6.6 | 0.1 | 7.6 | 12.6 | 2.7 | 3.8 | +71.3% |
| 2020 | -0.1 | -8.4 | -15.8 | 1.4 | 10.9 | 8.3 | -0.3 | 10.6 | -3.3 | 9.5 | 23.4 | 3.7 | +40.2% |
| 2019 | -1.9 | 6.5 | 3.1 | 12.5 | -24.7 | -6.4 | 5.0 | -11.3 | 4.3 | -1.3 | 10.1 | 9.6 | -1.2% |
| 2018 | 3.1 | 1.0 | 4.9 | -0.6 | 19.3 | 11.8 | -14.1 | 6.5 | -2.6 | -9.5 | 3.9 | -16.4 | +1.4% |
| 2017 | 6.8 | 7.4 |