Merchants Bancorp (MBINM) Debt Ratio (2016 - 2026)

Merchants Bancorp's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.0 for Q1 2026.

• On a quarterly basis, Debt Ratio fell 7.5% year-over-year to 0.0 in Q1 2026; TTM through Mar 2026 was 0.0, a 7.5% decrease from a year earlier, with the FY2025 full-year figure at 0.0, down 98.38% from the prior year.
• Debt Ratio fell to 0.0 in Q1 2026 per MBINM's latest filing, from 0.0 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.23 in Q4 2024 and bottomed at 0.0 in Q1 2023.
• The 5-year median for Debt Ratio is 0.0 (2024), against an average of 0.02.
• Across the five-year window, Debt Ratio jumped 2554.51% in 2024 and sank 98.38% in 2025, its largest moves.
• Year by year, Debt Ratio stood at 0.01 in 2022, then increased by 14.85% to 0.01 in 2023, then soared by 2554.51% to 0.23 in 2024, then sank by 98.38% to 0.0 in 2025, then decreased by 4.58% to 0.0 in 2026.
• Per Business Quant, the three latest MBINM Debt Ratio figures stand at 0.0 (Q1 2026), 0.0 (Q4 2025), and 0.0 (Q3 2025).