Merchants Bancorp (MBIN) Enterprise Value (2016 - 2026)

Merchants Bancorp's Enterprise Value history runs 11 years deep, the most recent figure standing at -$633.4 million for Q1 2026.

• In Q1 2026, Enterprise Value rose 30.48% year-over-year to -$633.4 million; the TTM figure through Mar 2026 stood at -$633.4 million (up 30.48% YoY), while the FY2025 annual figure was -$832.3 million, up 25.19% from the prior year.
• Enterprise Value was -$633.4 million for Q1 2026 at Merchants Bancorp, up from -$832.3 million in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$226.2 million in Q4 2022 to a low of -$1.2 billion in Q3 2025.
• Historically, Enterprise Value has averaged -$764.0 million across 5 years, with a median of -$735.8 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Enterprise Value surged 85.88% in 2022, then plunged 207.31% in 2023.
• A 5-year view of Enterprise Value shows it stood at -$226.2 million in 2022, then slumped by 207.31% to -$695.0 million in 2023, then slumped by 60.08% to -$1.1 billion in 2024, then climbed by 25.19% to -$832.3 million in 2025, then grew by 23.89% to -$633.4 million in 2026.
• The last three Enterprise Value figures came in at -$633.4 million (Q1 2026), -$832.3 million (Q4 2025), and -$1.2 billion (Q3 2025), per Business Quant data.