Merchants Bancorp (MBINM) Price to Book (2017 - 2026)
Merchants Bancorp's (MBINM) Price to Book was 0.91 for Q3 2026, up 38.1% from 0.66 a year earlier but down 5.6% from the prior quarter.
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Analysis
Merchants Bancorp (MBINM) Price to Book (2017 - 2026) Analysis & Trends
For FY2025, Price to Book at Merchants Bancorp was 0.69, down 7.9% from FY2024.
- By year, Price to Book came in at 0.74 in FY2024 (-31.3%), 1.08 in FY2023 (+50.7%), 0.72 in FY2022 (-39.1%) and 1.18 in FY2021 (+20.3%).
- Five-year quarterly Price to Book spans a low of 0.66 in Q3 2025 and a high of 1.18 in Q4 2021.
- Year over year, Price to Book has now increased in each of the last three quarters, with an average decline of 6.0% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q4 2023 (growth of 50.7%); the low point was Q4 2022 (a decline of 39.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.96 (Q2 2026), 0.85 (Q1 2026) and 0.69 (Q4 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.96 |
| Mar 31, 2026 | 0.85 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 1.06 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 1.05 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 0.73 |
| Jun 30, 2023 | 0.71 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 0.72 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 0.80 |
| Mar 31, 2022 | 1.00 |
| Dec 31, 2021 | 1.18 |
| Sep 30, 2021 | 1.02 |
API Access
Merchants Bancorp Price to Book 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=price-to-book&ticker=MBINM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();