Merchants Bancorp (MBINM) Interest Coverage Ratio (2016 - 2026)
Merchants Bancorp's (MBINM) Interest Coverage Ratio stood at 1.63 in Q2 2026, up 27.8% from 1.28 a year earlier and up 2.5% from the prior quarter.
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Analysis
Merchants Bancorp (MBINM) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Merchants Bancorp's Interest Coverage Ratio came in at 1.50 as of Jun 30, 2026, up 3.2% year-over-year; for FY2025, it was 1.39, down 10.1% from FY2024.
- Annual Interest Coverage Ratio has declined for four straight years.
- Across earlier years, Interest Coverage Ratio came in at 1.54 in FY2024 (-0.7%), 1.55 in FY2023 (-44.4%), 2.79 in FY2022 (-72.1%) and 10.00 in FY2021 (+94.1%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q4 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with an average decline of 0.7%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 31.9% in Q3 2021, against a decline of 77.8% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.59 (Q1 2026), 1.44 (Q4 2025) and 1.37 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 |
| Mar 31, 2026 | 1.59 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.37 |
| Jun 30, 2025 | 1.28 |
| Mar 31, 2025 | 1.46 |
| Dec 31, 2024 | 1.68 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 1.50 |
| Mar 31, 2024 | 1.61 |
| Dec 31, 2023 | 1.53 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 1.45 |
| Mar 31, 2023 | 1.66 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 2.59 |
| Jun 30, 2022 | 5.18 |
| Mar 31, 2022 | 7.50 |
| Dec 31, 2021 | 8.40 |
| Sep 30, 2021 | 10.32 |
API Access
Merchants Bancorp Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MBINM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MBINM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();