Merchants Bancorp (MBIN) Debt Ratio (2016 - 2026)

Merchants Bancorp's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.0 for Q1 2026.

• In Q1 2026, Debt Ratio fell 7.5% year-over-year to 0.0; the TTM figure through Mar 2026 stood at 0.0 (down 7.5% YoY), while the FY2025 annual figure was 0.2, down 13.58% from the prior year.
• Debt Ratio was 0.0 for Q1 2026 at Merchants Bancorp, down from 0.2 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.23 in Q4 2024 to a low of 0.0 in Q1 2023.
• Historically, Debt Ratio has averaged 0.03 across 5 years, with a median of 0.0 in 2025.
• The sharpest annual moves came in 2023 and 2024: Debt Ratio fell 23.45% in 2023, then jumped 371.8% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.06 in 2022, then retreated by 23.45% to 0.05 in 2023, then surged by 371.8% to 0.23 in 2024, then fell by 13.58% to 0.2 in 2025, then sank by 98.21% to 0.0 in 2026.
• The last three Debt Ratio figures came in at 0.0 (Q1 2026), 0.2 (Q4 2025), and 0.0 (Q3 2025), per Business Quant data.