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

Merchants Bancorp (MBIN) recorded quarterly Debt to Equity of $0.03 in Q1 2026, down 98.17% quarter-over-quarter from $1.68 in Q4 2025, and down 7.28% on a YoY basis from $0.03 in Q1 2025.

Merchants Bancorp (MBIN) Debt to Equity (2016 - 2026) Analysis & Trends

Merchants Bancorp's Debt to Equity history runs 11 years deep, the most recent figure standing at $0.03 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 7.28% year-over-year to $0.03; the TTM figure through Mar 2026 stood at $0.03 (down 7.28% YoY), while the FY2025 annual figure was $1.68, down 90.58% from the prior year.
  • Debt to Equity was $0.03 for Q1 2026 at Merchants Bancorp, down from $1.68 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $17.84 in Q4 2024 to a low of -$134.34 in Q2 2024.
  • Historically, Debt to Equity has averaged -$9.53 across 5 years, with a median of $0.05 in 2023.
  • Biggest YoY gain for Debt to Equity was 3604.81% in 2024; the steepest drop was 265602.47% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $6.59 in 2022, then sank by 92.69% to $0.48 in 2023, then jumped by 3604.81% to $17.84 in 2024, then sank by 90.58% to $1.68 in 2025, then sank 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 98,685.34 Bn 98,685.34 Bn - 3.41
2 Bank Bradesco 6,797.89 Bn 6,781.94 Bn - 0.66
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 210.21 Bn 210.06 Bn - -
5 Itau Unibanco Holding 201.76 Bn 201.76 Bn - -
6 Landmark Bancorp 180.25 Bn 180.22 Bn - 0.13
7 NatWest 168.65 Bn -51.67 Bn - 1.61
8 Shinhan Financial 142.02 Bn 109.60 Bn - 0.19
9 Mizuho Financial 112.02 Bn 112.56 Bn - 3.81
10 Merchants Bancorp 2.26 Bn 1.63 Bn - 0.03

Historic Data

Download Data
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