KPIs & Operating Metrics(New)

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

Merchants Bancorp's quarterly Enterprise Value came in at -$633.4 million in Q1 2026, up 30.48% year-on-year from -$485.5 million in Q1 2025, and up 23.89% quarter-over-quarter from -$832.3 million in Q4 2025.

Merchants Bancorp has reported Enterprise Value for 11 years, with the latest figure at -$633.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value rose 30.48% year-over-year to -$633.4 million; the trailing twelve-month figure through Mar 2026 stood at -$633.4 million (up 30.48% YoY), and the FY2025 full-year result was -$832.3 million, up 25.19% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$633.4 million, up from -$832.3 million in the prior quarter.
  • The five-year high for Enterprise Value was -$226.2 million in Q4 2022, with the low at -$1.2 billion in Q3 2025.
  • Average Enterprise Value over 5 years is -$764.0 million, with a median of -$735.8 million recorded in 2022.
  • Year-over-year, Enterprise Value jumped 85.88% in 2022 and plunged 207.31% in 2023.
  • Tracing MBIN's Enterprise Value over 5 years: stood at -$226.2 million in 2022, then sank by 207.31% to -$695.0 million in 2023, then sank by 60.08% to -$1.1 billion in 2024, then grew by 25.19% to -$832.3 million in 2025, then increased 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -2.12 Mn
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -15.94 Bn
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 - -149.53 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - -32.29 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -7.86 Bn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 49.00 Mn
10 Merchants Bancorp 2.11 Bn 1.48 Bn - -633.42 Mn

Historic Data

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DateValue
Mar 31, 2026 -633.42 Mn
Dec 31, 2025 -832.30 Mn
Sep 30, 2025 -1.19 Bn
Jun 30, 2025 -1.05 Bn
Mar 31, 2025 -911.09 Mn
Dec 31, 2024 -1.11 Bn
Sep 30, 2024 -1.03 Bn
Jun 30, 2024 -750.13 Mn
Mar 31, 2024 -651.38 Mn
Dec 31, 2023 -695.02 Mn
Sep 30, 2023 -883.29 Mn
Jun 30, 2023 -676.22 Mn
Mar 31, 2023 -566.66 Mn
Dec 31, 2022 -226.16 Mn
Sep 30, 2022 -461.41 Mn
Jun 30, 2022 -581.19 Mn
Mar 31, 2022 -735.80 Mn
Dec 31, 2021 -1.60 Bn
Sep 30, 2021 -1.44 Bn
Jun 30, 2021 -863.96 Mn
Mar 31, 2021 -701.50 Mn
Dec 31, 2020 -518.46 Mn
Sep 30, 2020 -803.92 Mn
Jun 30, 2020 -921.98 Mn
Mar 31, 2020 -1.03 Bn
Dec 31, 2019 -270.35 Mn
Sep 30, 2019 -592.89 Mn
Jun 30, 2019 -562.40 Mn
Mar 31, 2019 -443.37 Mn
Dec 31, 2018 -165.64 Mn
Sep 30, 2018 -484.87 Mn
Jun 30, 2018 -487.48 Mn
Mar 31, 2018 -487.76 Mn
Dec 31, 2017 -500.36 Mn
Sep 30, 2017 -688.17 Mn
Jun 30, 2017 -416.55 Mn
Mar 31, 2017 -443.56 Mn
Dec 31, 2016 -583.38 Mn
Sep 30, 2016 -456.04 Mn