Merchants Bancorp (MBIN) Total Debt (2016 - 2026)
Merchants Bancorp (MBIN) recorded Total Debt of $3.02 billion in Q3 2026, up 4.0% from $2.9 billion a year earlier but down 29.5% from the prior quarter.
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Analysis
Merchants Bancorp (MBIN) Total Debt (2016 - 2026) Analysis & Trends
At the end of FY2025, Merchants Bancorp reported Total Debt of $3.84 billion, down 12.4% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $4.39 billion in FY2024 (+354.9%), $964.13 million in FY2023 (+3.6%), $930.39 million in FY2022 (-10.0%) and $1.03 billion in FY2021 (-23.3%).
- Quarterly Total Debt has ranged from $97.28 million in Q3 2022 to $4.77 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Total Debt has increased for three consecutive quarters, with growth averaging 89.7% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 354.9% in Q4 2024, against a decline of 88.0% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.28 billion (Q2 2026), $4.77 billion (Q1 2026) and $3.84 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 531.50 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | 49.65 Bn |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 380.92 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 388.59 Bn |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 444.82 Bn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 221.04 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | 217.37 Bn |
| 10 | Merchants Bancorp | 2.45 Bn | -1.04 Bn | - | 4.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.28 Bn |
| Mar 31, 2026 | 4.77 Bn |
| Dec 31, 2025 | 3.84 Bn |
| Sep 30, 2025 | 2.90 Bn |
| Jun 30, 2025 | 4.01 Bn |
| Mar 31, 2025 | 4.00 Bn |
| Dec 31, 2024 | 4.39 Bn |
| Sep 30, 2024 | 3.57 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.84 Bn |
| Dec 31, 2023 | 964.13 Mn |
| Sep 30, 2023 | 1.65 Bn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 930.39 Mn |
| Sep 30, 2022 | 97.28 Mn |
| Jun 30, 2022 | 1.44 Bn |
| Mar 31, 2022 | 879.93 Mn |
| Dec 31, 2021 | 1.03 Bn |
| Sep 30, 2021 | 809.14 Mn |
API Access
Merchants Bancorp Total Debt 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=total-debt&ticker=MBIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();