Merchants Bancorp Book Value Per Share Growth & History (MBIN)
Merchants Bancorp's book value per share was $37.68 for fiscal 2025.
View full Merchants Bancorp company overviewMerchants Bancorp annual book value per share history
| Fiscal year | Period ended | Book value per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $37.68 | $3.35 | +9.77% |
| 2024 | 2024-12-31 | $34.33 | $6.55 | +23.56% |
| 2023 | 2023-12-31 | $27.78 | $5.51 | +24.76% |
| 2022 | 2022-12-31 | $22.27 | -$4.49 | −16.77% |
| 2021 | 2021-12-31 | $26.76 | $7.96 | +42.34% |
| 2020 | 2020-12-31 | $18.80 | $8.68 | +85.74% |
| 2019 | 2019-12-31 | $10.12 | $4.24 | +72.12% |
| 2018 | 2018-12-31 | $5.88 | $0.83 | +16.46% |
| 2017 | 2017-12-31 | $5.05 | $1.58 | +45.62% |
| 2016 | 2016-12-31 | $3.47 | $0.34 | +10.95% |
| 2015 | 2015-12-31 | $3.13 | — | — |
Merchants Bancorp quarterly book value per share
| Fiscal quarter | Period ended | Book value per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $40.11 | $4.51 | +12.68% |
| Q1 2026 | 2026-03-31 | $38.73 | -$8.37 | −17.76% |
| Q4 2025 | 2025-12-31 | $37.68 | -$11.33 | −23.12% |
| Q3 2025 | 2025-09-30 | $36.48 | -$5.89 | −13.90% |
| Q2 2025 | 2025-06-30 | $35.60 | -$5.67 | −13.74% |
| Q1 2025 | 2025-03-31 | $47.09 | $6.12 | +14.93% |
| Q4 2024 | 2024-12-31 | $49.02 | $9.68 | +24.60% |
| Q3 2024 | 2024-09-30 | $42.37 | $4.61 | +12.22% |
| Q2 2024 | 2024-06-30 | $41.26 | $5.18 | +14.35% |
| Q1 2024 | 2024-03-31 | $40.98 | $6.15 | +17.65% |
| Q4 2023 | 2023-12-31 | $39.34 | $5.48 | +16.18% |
| Q3 2023 | 2023-09-30 | $37.76 | $4.99 | +15.23% |
| Q2 2023 | 2023-06-30 | $36.09 | $7.59 | +26.62% |
| Q1 2023 | 2023-03-31 | $34.83 | $7.36 | +26.79% |
| Q4 2022 | 2022-12-31 | $33.86 | $7.10 | +26.54% |
| Q3 2022 | 2022-09-30 | $32.77 | $15.63 | +91.21% |
| Q2 2022 | 2022-06-30 | $28.50 | $12.15 | +74.28% |
| Q1 2022 | 2022-03-31 | $27.47 | $11.85 | +75.91% |
| Q4 2021 | 2021-12-31 | $26.76 | $7.96 | +42.34% |
| Q3 2021 | 2021-09-30 | $17.14 | $5.43 | +46.39% |
| Q2 2021 | 2021-06-30 | $16.35 | $5.40 | +49.35% |
| Q1 2021 | 2021-03-31 | $15.62 | $5.21 | +50.06% |
| Q4 2020 | 2020-12-31 | $18.80 | $8.68 | +85.74% |
| Q3 2020 | 2020-09-30 | $11.71 | $1.96 | +20.12% |
| Q2 2020 | 2020-06-30 | $10.95 | $2.98 | +37.32% |
| Q1 2020 | 2020-03-31 | $10.41 | $3.01 | +40.65% |
| Q4 2019 | 2019-12-31 | $10.12 | $4.24 | +72.12% |
| Q3 2019 | 2019-09-30 | $9.75 | $4.08 | +72.01% |
| Q2 2019 | 2019-06-30 | $7.97 | $2.53 | +46.52% |
| Q1 2019 | 2019-03-31 | $7.40 | $2.16 | +41.26% |
| Q4 2018 | 2018-12-31 | $5.88 | $0.83 | +16.46% |
| Q3 2018 | 2018-09-30 | $5.67 | $1.50 | +35.86% |
| Q2 2018 | 2018-06-30 | $5.44 | — | — |
| Q1 2018 | 2018-03-31 | $5.24 | — | — |
| Q4 2017 | 2017-12-31 | $5.05 | $1.58 | +45.62% |
| Q3 2017 | 2017-09-30 | $4.17 | — | — |
| Q4 2016 | 2016-12-31 | $3.47 | — | — |
Merchants Bancorp book value per share trends
Over the last five fiscal years, Merchants Bancorp's book value per share increased from $18.80 to $37.68, a change of $18.89. The latest reported quarter, Q2 2026, shows $40.11.
What book value per share means
Book value per share estimates the common shareholders’ accounting equity represented by each share. It can help compare a company’s balance-sheet value over time, although market value can differ substantially from book value.
How book value per share is calculated
TickerStat calculates book value per share as SEC-reported common shareholders’ equity divided by reported period-end common shares. Preferred equity is subtracted when separately reported, and basic weighted-average shares are used only when period-end shares are unavailable. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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