Merchants Bancorp (MBIN) Interest Coverage Ratio (2016 - 2026)
Merchants Bancorp's quarterly Interest Coverage Ratio came in at 1.59 in Q1 2026, up 8.93% year-on-year from 1.46 in Q1 2025, and up 11.01% quarter-over-quarter from 1.44 in Q4 2025.
Merchants Bancorp has reported Interest Coverage Ratio for 11 years, with the latest figure at 1.59 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 8.93% year-over-year to 1.59; the trailing twelve-month figure through Mar 2026 stood at 1.41 (down 6.41% YoY), and the FY2025 full-year result was 0.08, down 28.79% 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.
- Average Interest Coverage Ratio over 5 years is 2.16, with a median of 1.59 recorded in 2026.
- Year-over-year, Interest Coverage Ratio tumbled 77.82% in 2023 and grew 10.08% in 2024.
- Tracing MBIN's Interest Coverage Ratio over 5 years: stood at 1.87 in 2022, then decreased by 18.17% to 1.53 in 2023, then advanced by 10.08% to 1.68 in 2024, then decreased by 14.76% to 1.44 in 2025, then increased by 11.01% to 1.59 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.59 (Q1 2026), 1.44 (Q4 2025), and 1.37 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -3.29 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 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 | - | 2.53 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 2.21 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 1.32 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -36.40 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.88 |
| 10 | Merchants Bancorp | 2.11 Bn | 1.48 Bn | - | 1.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.37 |
| Jun 30, 2025 | 1.28 |
| Mar 31, 2025 | 1.46 |
| Dec 31, 2024 | 1.68 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 1.50 |
| Mar 31, 2024 | 1.61 |
| Dec 31, 2023 | 1.53 |
| 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 |
| Jun 30, 2021 | 9.64 |
| Mar 31, 2021 | 12.09 |
| Dec 31, 2020 | 10.27 |
| Sep 30, 2020 | 7.82 |
| Jun 30, 2020 | 4.26 |
| Mar 31, 2020 | 2.49 |
| Dec 31, 2019 | 2.51 |
| Sep 30, 2019 | 1.99 |
| Jun 30, 2019 | 2.04 |
| Mar 31, 2019 | 1.91 |
| Dec 31, 2018 | 2.35 |
| Sep 30, 2018 | 2.58 |
| Jun 30, 2018 | 2.75 |
| Mar 31, 2018 | 3.21 |
| Dec 31, 2017 | 3.72 |
| Sep 30, 2017 | 3.22 |
| Jun 30, 2017 | 4.54 |
| Mar 31, 2017 | 3.69 |
| Dec 31, 2016 | 3.63 |
| Sep 30, 2016 | 4.95 |
| Jun 30, 2016 | 3.89 |
| Mar 31, 2016 | 3.01 |