Merchants Bancorp (MBIN) Interest Coverage Ratio (2016 - 2026)

Merchants Bancorp (MBIN) recorded quarterly Interest Coverage Ratio of 1.59 in Q1 2026, up 11.01% quarter-over-quarter from 1.44 in Q4 2025, and up 8.93% on a YoY basis from 1.46 in Q1 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 8.93% year-over-year to 1.59; the TTM figure through Mar 2026 stood at 1.41 (down 6.41% YoY), while the FY2025 annual figure was 0.08, down 28.79% from the prior year.
  • Interest Coverage Ratio was 1.59 for Q1 2026 at Merchants Bancorp, up from 1.44 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 7.5 in Q1 2022 to a low of 1.28 in Q2 2025.
  • Historically, Interest Coverage Ratio has averaged 2.16 across 5 years, with a median of 1.59 in 2026.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio tumbled 77.82% in 2023, then advanced 10.08% in 2024.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.87 in 2022, then retreated by 18.17% to 1.53 in 2023, then gained by 10.08% to 1.68 in 2024, then retreated by 14.76% to 1.44 in 2025, then grew 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 97,765.53 Bn 97,765.53 Bn - -1.52
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 2.53
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 2.21
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - 0.04
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Merchants Bancorp 2.30 Bn 1.66 Bn - 1.59

Historic Data

Download Data
DateValue
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