Merchants Bancorp (MBIN) Enterprise Value (2017 - 2026)
Merchants Bancorp (MBIN) recorded Enterprise Value of $2.25 billion in Q3 2026, up 733.4% from $269.86 million a year earlier and up 54.6% from the prior quarter.
Merchants Bancorp (MBIN) Enterprise Value (2017 - 2026) Analysis & Trends
For FY2025, Merchants Bancorp reported Enterprise Value of $730.83 million, up 31.3% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $556.57 million in FY2024 (+4.2%), $534.36 million in FY2023 (-20.0%), $668.15 million in FY2022 and -$239.52 million in FY2021.
- The Q3 2026 figure is the highest quarterly Enterprise Value in data going back to Q4 2017.
- On a year-over-year basis, Enterprise Value has increased for four consecutive quarters, with growth averaging 152.1% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 733.4% in Q3 2026, against a decline of 65.1% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.45 billion (Q2 2026), $1.34 billion (Q1 2026) and $730.83 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - |
| 10 | Merchants Bancorp | 2.45 Bn | -1.04 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 730.83 Mn |
| Sep 30, 2025 | 269.86 Mn |
| Jun 30, 2025 | 267.31 Mn |
| Mar 31, 2025 | 550.06 Mn |
| Dec 31, 2024 | 556.57 Mn |
| Sep 30, 2024 | 772.67 Mn |
| Jun 30, 2024 | 631.36 Mn |
| Mar 31, 2024 | 662.66 Mn |
| Dec 31, 2023 | 534.36 Mn |
| Sep 30, 2023 | 315.33 Mn |
| Jun 30, 2023 | 429.79 Mn |
| Mar 31, 2023 | 559.14 Mn |
| Dec 31, 2022 | 668.15 Mn |
| Sep 30, 2022 | 533.13 Mn |
| Jun 30, 2022 | 396.03 Mn |
| Mar 31, 2022 | 448.87 Mn |
| Dec 31, 2021 | -239.52 Mn |
| Sep 30, 2021 | -300.59 Mn |
Merchants Bancorp Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "MBIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();