Merchants Bancorp Net Asset Quality Index
Merchants Bancorp net asset quality index. Merchants Bancorp (MBIN) has a Net Asset Quality Index of 11.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $19.35 Billion minus total liabilities of $17.13 Billion yields net assets of $2.23 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Merchants Bancorp (MBIN) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Merchants Bancorp (2015–2024)
Net asset quality index of Merchants Bancorp from 2015 to 2024. This chart shows how Merchants Bancorp's Net Asset Quality Index has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the index stands at 11.5%, representing net assets of $2.23 Billion against total assets of $19.35 Billion USD. See Merchants Bancorp net assets for net asset value and shareholders' equity analysis.
Merchants Bancorp Net Asset Quality Index by Year (2015–2024)
Merchants Bancorp net asset quality index by year from 2015 to 2024. The table below presents the year-by-year Net Asset Quality Index for Merchants Bancorp from 2015 to 2024, covering 10 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Merchants Bancorp.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 11.9% | $2.24 Billion | $18.81 Billion | $16.56 Billion | ▲ +1.9 pp |
| 2023 | 10.0% | $1.70 Billion | $16.95 Billion | $15.25 Billion | ▼ -1.5 pp |
| 2022 | 11.6% | $1.46 Billion | $12.62 Billion | $11.16 Billion | ▲ +1.3 pp |
| 2021 | 10.2% | $1.16 Billion | $11.28 Billion | $10.12 Billion | ▼ -75.6 pp |
| 2020 | 85.8% | $8.28 Billion | $9.65 Billion | $1.37 Billion | ▲ +75.6 pp |
| 2019 | 10.3% | $653.73 Million | $6.37 Billion | $5.72 Billion | ▼ -0.6 pp |
| 2018 | 10.8% | $421.24 Million | $3.88 Billion | $3.46 Billion | ▲ +0.0 pp |
| 2017 | 10.8% | $367.47 Million | $3.40 Billion | $3.03 Billion | ▲ +3.2 pp |
| 2016 | 7.6% | $206.29 Million | $2.72 Billion | $2.51 Billion | ▲ +1.1 pp |
| 2015 | 6.5% | $148.20 Million | $2.27 Billion | $2.12 Billion | — |