Merchants Bancorp (MBIN) Interest Coverage Ratio (2016 - 2026)
Merchants Bancorp (MBIN) posted quarterly Interest Coverage Ratio of 1.59 for Q1 2026, up 9.63% year-over-year from 1.45 in Q1 2025, and up 10.77% quarter-over-quarter from 1.44 in Q4 2025.
Merchants Bancorp (MBIN) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Merchants Bancorp's Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 1.59 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 9.63% year-over-year to 1.59; the TTM figure through Mar 2026 stood at 1.41 (down 5.89% YoY), while the FY2025 annual figure was 1.38, down 10.09% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.59, up from 1.44 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 7.5 in Q1 2022, with the low at 1.28 in Q2 2025.
- The 5-year median for Interest Coverage Ratio is 1.59 (2026), against an average of 2.15.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 77.82% in 2023, then rose 12.86% in 2024.
- Merchants Bancorp's Interest Coverage Ratio stood at 1.87 in 2022, then decreased by 21.66% to 1.47 in 2023, then grew by 12.86% to 1.65 in 2024, then slipped by 13.14% to 1.44 in 2025, then gained by 10.77% to 1.59 in 2026.
- Business Quant data shows MBIN's Interest Coverage Ratio at 1.59 in Q1 2026, 1.44 in Q4 2025, and 1.37 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.97 Bn | 84.77 Bn | - | - |
| 2 | Pnc Financial Services | 97.74 Bn | 97.74 Bn | - | 2.00 |
| 3 | Us Bancorp | 95.92 Bn | 95.92 Bn | - | 1.84 |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.90 Bn | -144.19 Bn | - | 0.27 |
| 6 | Deutsche Bank Aktiengesellschaft | 72.18 Bn | -81.14 Bn | - | 1.49 |
| 7 | Nu Holdings | 71.38 Bn | 57.70 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 1.77 |
| 9 | Fifth Third Bancorp | 49.65 Bn | 25.93 Bn | - | 1.90 |
| 10 | Merchants Bancorp | 2.49 Bn | 1.65 Bn | - | 1.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 |
| Mar 31, 2026 | 1.59 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.37 |
| Jun 30, 2025 | 1.28 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | 1.65 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 1.50 |
| Mar 31, 2024 | 1.61 |
| Dec 31, 2023 | 1.47 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 1.45 |
| Mar 31, 2023 | 1.66 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 2.59 |
| Jun 30, 2022 | 5.18 |
| Mar 31, 2022 | 7.50 |
| Dec 31, 2021 | 8.40 |
| Sep 30, 2021 | 10.32 |