Merchants Bancorp Cash Flow Quality Index
Merchants Bancorp 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 Merchants Bancorp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Merchants Bancorp (2015–2024)
Cash flow quality index of Merchants Bancorp from 2015 to 2024. Historical Cash Flow Quality Index for Merchants Bancorp across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. See MBIN net asset quality score to measure how much of total assets are equity-financed.
Merchants Bancorp Cash Flow Quality Index by Year (2015–2024)
Merchants Bancorp cash flow quality index by year from 2015 to 2024. Year-by-year earnings quality comparison for Merchants Bancorp. For the full cash flow conversion analysis, see how efficiently does Merchants Bancorp generate cash.
| 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 | — |