# Merchants Bancorp (MBINL)

> Financial Services · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/MBINL/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 317.11M | $ 67.73M | $ -597.32M | $ 4.77B | $ 2.33B |
| 2025 | $ 1.40B | $ 224.00M | $ -343.19M | $ 3.84B | $ 2.28B |
| 2024 | $ 771.85M | $ 164.96M | $ -539.65M | $ 4.34B | $ 2.24B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 2.05 |
| Liabilities / Eq | 7.72 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 20.57 |

## Other views

- [Metrics](https://sponda.capital/en/MBINL.md)
- [Charts](https://sponda.capital/en/MBINL/charts.md)
- [Compare](https://sponda.capital/en/MBINL/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.