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

Merchants Bancorp's (MBIN) quarterly Enterprise Value came in at -$633.4 million in Q1 2026, up 26.02% year-on-year from -$502.6 million in Q1 2025, and up 19.16% quarter-over-quarter from -$783.5 million in Q4 2025.

Merchants Bancorp (MBIN) Enterprise Value (2016 - 2026) Analysis & Trends

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

  • On a quarterly basis, Enterprise Value rose 26.02% year-over-year to -$633.4 million in Q1 2026; TTM through Mar 2026 was -$633.4 million, a 26.02% increase from a year earlier, with the FY2025 full-year figure at -$783.5 million, up 29.58% from the prior year.
  • Enterprise Value climbed to -$633.4 million in Q1 2026 per MBIN's latest filing, from -$783.5 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$380.4 million in Q4 2022 and bottomed at -$1.1 billion in Q4 2024.
  • The 5-year median for Enterprise Value is -$783.5 million (2025), against an average of -$785.9 million.
  • Across the five-year window, Enterprise Value jumped 76.26% in 2022 and tumbled 82.73% in 2023, its largest moves.
  • Year by year, Enterprise Value stood at -$380.4 million in 2022, then tumbled by 82.73% to -$695.0 million in 2023, then plunged by 60.08% to -$1.1 billion in 2024, then advanced by 29.58% to -$783.5 million in 2025, then climbed by 19.16% to -$633.4 million in 2026.
  • Per Business Quant, the three latest MBIN Enterprise Value figures stand at -$633.4 million (Q1 2026), -$783.5 million (Q4 2025), and -$888.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -7.10 Bn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -2.83 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -7.31 Mn
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -218.99 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -452.57 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -113.83 Bn
7 First Capital 200.03 Bn 199.69 Bn - -344.83 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -31.87 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 49.00 Mn
10 Merchants Bancorp 2.14 Bn 1.51 Bn - -633.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -633.42 Mn
Dec 31, 2025 -783.52 Mn
Sep 30, 2025 -888.16 Mn
Jun 30, 2025 -976.97 Mn
Mar 31, 2025 -856.21 Mn
Dec 31, 2024 -1.11 Bn
Sep 30, 2024 -1.03 Bn
Jun 30, 2024 -869.28 Mn
Mar 31, 2024 -856.36 Mn
Dec 31, 2023 -695.02 Mn
Sep 30, 2023 -769.52 Mn
Jun 30, 2023 -776.82 Mn
Mar 31, 2023 -835.02 Mn
Dec 31, 2022 -380.36 Mn
Sep 30, 2022 -630.63 Mn
Jun 30, 2022 -567.80 Mn
Mar 31, 2022 -696.46 Mn
Dec 31, 2021 -1.60 Bn
Sep 30, 2021 -1.44 Bn
Jun 30, 2021 -863.96 Mn