Merchants Bancorp (MBIN) Price to Earnings (2017 - 2026)
Merchants Bancorp's (MBIN) Price to Earnings stood at 10.04 in Q2 2026, up 38.2% from 7.27 a year earlier but down 4.0% from the prior quarter.
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Analysis
Merchants Bancorp (MBIN) Price to Earnings (2017 - 2026) Analysis & Trends
For FY2025, Merchants Bancorp's Price to Earnings came in at 9.01, up 53.1% from FY2024.
- Across earlier years, Price to Earnings came in at 5.88 in FY2024 (-21.8%), 7.53 in FY2023 (+39.1%), 5.41 in FY2022 (-18.1%) and 6.61 in FY2021 (+38.1%).
- Quarterly Price to Earnings has ranged from 5.01 in Q2 2022 to 10.46 in Q1 2026 over the past five years.
- On a year-over-year basis, Price to Earnings has increased for three consecutive quarters, with growth averaging 21.8% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 53.1% in Q4 2025, against a decline of 21.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.46 (Q1 2026), 9.01 (Q4 2025) and 7.31 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Merchants Bancorp | 2.29 Bn | -1.20 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.04 |
| Mar 31, 2026 | 10.46 |
| Dec 31, 2025 | 9.01 |
| Sep 30, 2025 | 7.31 |
| Jun 30, 2025 | 7.27 |
| Mar 31, 2025 | 6.85 |
| Dec 31, 2024 | 5.88 |
| Sep 30, 2024 | 7.69 |
| Jun 30, 2024 | 6.47 |
| Mar 31, 2024 | 6.77 |
| Dec 31, 2023 | 7.53 |
| Sep 30, 2023 | 5.35 |
| Jun 30, 2023 | 5.42 |
| Mar 31, 2023 | 5.76 |
| Dec 31, 2022 | 5.41 |
| Sep 30, 2022 | 5.10 |
| Jun 30, 2022 | 5.01 |
| Mar 31, 2022 | 6.16 |
| Dec 31, 2021 | 6.61 |
| Sep 30, 2021 | 5.34 |
API Access
Merchants Bancorp Price to Earnings 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=price-to-earnings&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();