KPIs & Operating Metrics(New)

Merchants Bancorp (MBIN) Debt to Equity (2016 - 2026)

Merchants Bancorp's quarterly Debt to Equity came in at $0.03 in Q1 2026, down 7.28% year-on-year from $0.03 in Q1 2025, and down 98.17% quarter-over-quarter from $1.68 in Q4 2025.

Merchants Bancorp has reported Debt to Equity for 11 years, with the latest figure at $0.03 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 7.28% year-over-year to $0.03; the trailing twelve-month figure through Mar 2026 stood at $0.03 (down 7.28% YoY), and the FY2025 full-year result was $1.68, down 90.58% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.03, down from $1.68 in the prior quarter.
  • The five-year high for Debt to Equity was $17.84 in Q4 2024, with the low at -$134.34 in Q2 2024.
  • Average Debt to Equity over 5 years is -$9.53, with a median of $0.05 recorded in 2023.
  • Peak annual rise in Debt to Equity reached 3604.81% in 2024, while the deepest fall reached 265602.47% in 2024.
  • Tracing MBIN's Debt to Equity over 5 years: stood at $6.59 in 2022, then plunged by 92.69% to $0.48 in 2023, then surged by 3604.81% to $17.84 in 2024, then plunged by 90.58% to $1.68 in 2025, then plunged by 98.17% to $0.03 in 2026.
  • The last three Debt to Equity figures came in at $0.03 (Q1 2026), $1.68 (Q4 2025), and $0.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - 0.66
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - -
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 0.13
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 7.86
8 KB Financial 150.02 Bn 142.15 Bn - 0.20
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 0.34
10 Merchants Bancorp 2.11 Bn 1.48 Bn - 0.03

Historic Data

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DateValue
Mar 31, 2026 0.03
Dec 31, 2025 1.68
Sep 30, 2025 0.03
Jun 30, 2025 0.52
Mar 31, 2025 0.03
Dec 31, 2024 17.84
Sep 30, 2024 0.04
Jun 30, 2024 -134.34
Mar 31, 2024 -55.35
Dec 31, 2023 0.48
Sep 30, 2023 0.05
Jun 30, 2023 0.05
Mar 31, 2023 0.15
Dec 31, 2022 6.59
Sep 30, 2022 0.01
Jun 30, 2022 0.03
Mar 31, 2022 0.09
Dec 31, 2021 9.60
Sep 30, 2021 0.02
Jun 30, 2021 0.12
Mar 31, 2021 0.10
Dec 31, 2020 6.51
Sep 30, 2020 0.02
Jun 30, 2020 0.36
Mar 31, 2020 13.66
Dec 31, 2019 26.64
Sep 30, 2019 0.02
Jun 30, 2019 0.02
Mar 31, 2019 0.03
Dec 31, 2018 -34.14
Sep 30, 2018 0.10
Jun 30, 2018 0.09
Mar 31, 2018 0.08
Dec 31, 2017 0.08
Sep 30, 2017 0.12
Dec 31, 2016 0.15