Merchants Bancorp (MBIN) Total Debt (2016 - 2026)

Merchants Bancorp's (MBIN) quarterly Total Debt came in at $71.8 million in Q1 2026, little changed year-on-year from $71.8 million in Q1 2025, and little changed quarter-over-quarter from $72.0 million in Q4 2025.

Merchants Bancorp (MBIN) Total Debt (2016 - 2026) Analysis & Trends

Merchants Bancorp's Total Debt history runs 11 years deep, the most recent figure standing at $71.8 million for Q1 2026.

  • On a quarterly basis, Total Debt changed 0.0% year-over-year to $71.8 million in Q1 2026; TTM through Mar 2026 was $71.8 million, a 0.0% change from a year earlier, with the FY2025 full-year figure at $72.0 million, down 98.32% from the prior year.
  • Total Debt steadied at $71.8 million in Q1 2026 per MBIN's latest filing, from $72.0 million in the prior quarter.
  • Across five years, Total Debt topped out at $4.3 billion in Q4 2024 and bottomed at $18.0 million in Q1 2022.
  • The 5-year median for Total Debt is $71.8 million (2024), against an average of $399.8 million.
  • Across the five-year window, Total Debt jumped 2844.69% in 2024 and sank 98.32% in 2025, its largest moves.
  • Year by year, Total Debt stood at $94.3 million in 2022, then soared by 54.34% to $145.6 million in 2023, then soared by 2844.69% to $4.3 billion in 2024, then sank by 98.32% to $72.0 million in 2025, then decreased by 0.29% to $71.8 million in 2026.
  • Per Business Quant, the three latest MBIN Total Debt figures stand at $71.8 million (Q1 2026), $72.0 million (Q4 2025), and $71.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 55.85 Bn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 39.89 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 1.29 Mn
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 94.66 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - 253.78 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - 42.37 Bn
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 2.26 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 21.42 Bn
10 Merchants Bancorp 2.14 Bn 1.51 Bn - 71.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 71.80 Mn
Dec 31, 2025 72.01 Mn
Sep 30, 2025 71.80 Mn
Jun 30, 2025 71.80 Mn
Mar 31, 2025 71.80 Mn
Dec 31, 2024 4.29 Bn
Sep 30, 2024 71.80 Mn
Jun 30, 2024 68.51 Mn
Mar 31, 2024 64.92 Mn
Dec 31, 2023 145.60 Mn
Sep 30, 2023 81.00 Mn
Jun 30, 2023 47.00 Mn
Mar 31, 2023 21.00 Mn
Dec 31, 2022 94.34 Mn
Sep 30, 2022 97.28 Mn
Jun 30, 2022 1.44 Bn
Mar 31, 2022 18.00 Mn
Dec 31, 2021 17.06 Mn
Sep 30, 2021 809.14 Mn
Jun 30, 2021 701.37 Mn