Merchants Bancorp (MBIN) Total Debt (2016 - 2026)
Merchants Bancorp (MBIN) posted Total Debt of $71.8 million for Q2 2026, little changed on a QoQ basis from $71.8 million in Q1 2026, and little changed year-over-year from $71.8 million in Q2 2025.
Analysis
Merchants Bancorp (MBIN) Total Debt (2016 - 2026) Analysis & Trends
Merchants Bancorp has reported Total Debt for 11 years, with the latest figure at $71.8 million in Q2 2026.
- On a quarterly basis, Total Debt changed 0.0% year-over-year to $71.8 million in Q2 2026; TTM through Jun 2026 was $71.8 million, a 0.0% change from a year earlier, with the FY2025 full-year figure at $3.8 billion, down 10.79% from the prior year.
- Total Debt was $71.8 million for Q2 2026 at Merchants Bancorp, roughly flat from $71.8 million in the prior quarter.
- The five-year high for Total Debt was $4.2 billion in Q4 2024, with the low at $18.0 million in Q1 2022.
- Average Total Debt over 5 years is $659.7 million, with a median of $71.8 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Total Debt slumped 96.74% in 2023, then jumped 453.49% in 2024.
- Over 5 years, Total Debt stood at $851.3 million in 2022, then fell by 10.36% to $763.1 million in 2023, then surged by 453.49% to $4.2 billion in 2024, then dropped by 10.79% to $3.8 billion in 2025, then sank by 98.09% to $71.8 million in 2026.
- The last three Total Debt figures came in at $71.8 million (Q2 2026), $71.8 million (Q1 2026), and $3.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | 652.30 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 96.75 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 26.90 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 22.80 Bn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 24.96 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 17.51 Bn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 10.63 Bn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 32.34 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 14.65 Bn |
| 10 | Merchants Bancorp | 2.41 Bn | 1.57 Bn | - | 71.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.80 Mn |
| Mar 31, 2026 | 71.80 Mn |
| Dec 31, 2025 | 3.77 Bn |
| Sep 30, 2025 | 71.80 Mn |
| Jun 30, 2025 | 71.80 Mn |
| Mar 31, 2025 | 71.80 Mn |
| Dec 31, 2024 | 4.22 Bn |
| Sep 30, 2024 | 71.80 Mn |
| Jun 30, 2024 | 68.51 Mn |
| Mar 31, 2024 | 64.92 Mn |
| Dec 31, 2023 | 763.10 Mn |
| Sep 30, 2023 | 81.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | 851.30 Mn |
| Sep 30, 2022 | 97.28 Mn |
| Jun 30, 2022 | 1.44 Bn |
| Mar 31, 2022 | 18.00 Mn |
| Dec 31, 2021 | 1.50 Bn |
| Sep 30, 2021 | 809.14 Mn |