Merchants Bancorp (MBIN)

Total debt on the balance sheet as of June 2024 : $1.15 Billion USD

According to Merchants Bancorp's latest financial reports the company's total debt is $1.15 Billion USD. A company’s total debt is the sum of all current and non-current debts.

Merchants Bancorp - Total debt on balance sheet (from 2016 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	$0.96 B	5.9%
2022-12-31	$0.91 B	4.17%
2021-12-31	$0.87 B	-29.29%
2020-12-31	$1.23 B	581.24%
2019-12-31	$0.18 B	-7.17%
2018-12-31	$0.19 B	245.25%
2017-12-31	$56.61 M	-0.69%
2016-12-31	$57 M	-0.84%
2015-12-31	$57.49 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Northeast Bank NBN	$0.36 B	-68.47%	🇺🇸 USA
National Bank Holdings NBHC	$54.43 M	-95.30%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Merchants Bancorp (MBIN) - Total debt

Total debt on the balance sheet as of June 2024 : $1.15 Billion USD