Merchants Bancorp (MBIN) EV to EBITDA (2017 - 2026)
Merchants Bancorp's (MBIN) EV to EBITDA was 1.50 for Q2 2026, up 501.0% from 0.25 a year earlier and up 5.0% from the prior quarter.
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Merchants Bancorp (MBIN) EV to EBITDA (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merchants Bancorp's EV to EBITDA came in at -1.24; for FY2025, it was 0.77, up 66.5% from FY2024.
- By year, EV to EBITDA came in at 0.46 in FY2024 (-15.3%), 0.54 in FY2023 (-62.8%), 1.47 in FY2022 and -0.69 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EV to EBITDA since Q3 2018.
- Year over year, EV to EBITDA has now increased in each of the last three quarters, with growth averaging 86.7% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q2 2026 (growth of 501.0%); the low point was Q3 2023 (a decline of 73.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.43 (Q1 2026), 0.77 (Q4 2025) and 0.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | Merchants Bancorp | 2.28 Bn | -1.22 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 |
| Mar 31, 2026 | 1.43 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.99 |
| Dec 31, 2022 | 1.47 |
| Sep 30, 2022 | 1.40 |
| Jun 30, 2022 | 1.16 |
| Mar 31, 2022 | 1.36 |
| Dec 31, 2021 | -0.69 |
| Sep 30, 2021 | -0.86 |
API Access
Merchants Bancorp EV to EBITDA 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=ev-to-ebitda&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();