Merchants Bancorp (MBIN) — Cash Flow Quality Index
Merchants Bancorp (MBIN) has a Cash Flow Quality Index of 0.54x as of September 2025. Operating cash flow of $29.77 Million is below net income of $54.70 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of Merchants Bancorp's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merchants Bancorp Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Merchants Bancorp across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Merchants Bancorp to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Merchants Bancorp (2015–2024)
Year-by-year earnings quality comparison for Merchants Bancorp. For live market cap and the full company financial profile, see how much is Merchants Bancorp worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -2.61x | $-835.28 Million | $320.39 Million | ▼ -104.3% |
| 2023 | -1.28x | $-356.40 Million | $279.23 Million | ▼ -128.7% |
| 2022 | 4.44x | $975.77 Million | $219.72 Million | ▲ +2149.3% |
| 2021 | -0.22x | $-49.22 Million | $227.10 Million | ▲ +95.5% |
| 2020 | -4.85x | $-874.89 Million | $180.53 Million | ▲ +70.2% |
| 2019 | -16.26x | $-1.26 Billion | $77.33 Million | ▼ -600.2% |
| 2018 | 3.25x | $204.34 Million | $62.87 Million | ▲ +201.0% |
| 2017 | -3.22x | $-175.89 Million | $54.68 Million | ▲ +28.9% |
| 2016 | -4.52x | $-149.77 Million | $33.13 Million | ▼ -208.4% |
| 2015 | 4.17x | $118.33 Million | $28.38 Million | — |