logo
Select company
Select metric
$ 4.78BEnterprise Value
VS
Market
70
Sector
71
Industry
89
History
94
$ 32.07Close
$ 29.18 - $ 45.87 52-Week Range
Ticker Information

Ticker

MBIN

Company Name

MERCHANTS BANCORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

MERCHANTS BANCORP - Enterprise Value Chart Analysis (TTM)

From
Zoom
1Y
3Y
5Y
10Y

MBIN - EV Historical data
DateCash and EquivalentsTotal DebtEnterprise ValueMarket Capitalization
6/30/2025$ 647.16M$ 4.01B$ 4.78B$ 1.42B
3/31/2025$ 521.3M$ 4B$ 4.92B$ 1.44B
12/31/2024$ 476.61M$ 4.39B$ 5.78B$ 1.87B
9/30/2024$ 601.91M$ 3.57B$ 4.77B$ 1.8B
6/30/2024$ 540.88M$ 1.16B$ 2.45B$ 1.83B
3/31/2024$ 508.75M$ 1.84B$ 3.38B$ 2.06B
12/31/2023$ 584.42M$ 964.13M$ 2.24B$ 1.86B
9/30/2023$ 407.24M$ 1.65B$ 2.61B$ 1.36B
6/30/2023$ 377.31M$ 1.02B$ 2B$ 1.36B
3/31/2023$ 369.59M$ 1.23B$ 1.86B$ 998.7M
Previous (option currently disabled)
1 (current)
Next (option currently disabled)

Key Performance Insights, Last 5 Years

  • MERCHANTS BANCORP's latest trailing twelve months (TTM) EV stands at $ 1.85B.
  • Over the past 5 years, MERCHANTS BANCORP's average EV has been $ 2.54B.
  • The median EV for MERCHANTS BANCORP during this period was $ 2.12B
  • MERCHANTS BANCORP reached its highest EV over the past 5 years at $ 5.78B.
  • The lowest EV recorded by MERCHANTS BANCORP in the same timeframe $ 820.02M

MERCHANTS BANCORP's EV vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

EV Benchmarks
CompanyEV
NWBI : NORTHWEST BANCSHARES INC $ 1.94BLOB : LIVE OAK BANCSHARES INC $ 890.22MNBHC : NATIONAL BANK HOLDINGS CORP $ 1.36BOFG : OFG BANCORP $ 1.51BCUBI : CUSTOMERS BANCORP INC $ -90.67MSTBA : S&T BANCORP INC $ 1.43BTFIN : TRIUMPH FINANCIAL INC $ 1.52BTCBK : TRICO BANCSHARES $ 1.17BHOPE : HOPE BANCORP INC $ 787.84MSRCE : 1ST SOURCE CORP $ 1.58B

Definition of Enterprise Value

[Calculation] Enterprise value (EV) refers to the total value of a business and is frequently used as a more elaborate substitute for market capitalization. EV is calculated as a company's [MarketCap] plus its [Debt] minus cash and cash equivalents [CashnEq].
Market Cap + Debt - CashnEq
(=) EV
EV for MERCHANTS BANCORP is calculated as follows: Market Cap [ $ 662.6M ] + Debt [ $ 1.62B ] - CashnEq [ $ 429.2M ]
(=) EV [ $ 1.85B ]

MBIN - Enterprise Value, Last 5 years

$ 820.02M

Minimum

Sep 30, 2022

$ 5.78B

Maximum

Dec 31, 2024

$ 2.54B

Average

$ 2.12B

Median

EV Benchmark Analysis

The chart above depicts the distribution of EV for companies in the Total Stock Market. The average EV of the companies is $ 1.25B with a standard deviation of $ 1.67B.
The following table provides additional summary stats:
EV in the Market:
filtered constituents3.32K
min$ -1.69B
max$ 6.88B
average$ 1.25B
median$ 439.6M
std$ 1.67B