Merchants Bancorp (MBIN)

P/S ratio as of November 2026 (TTM): 3.46

According to Merchants Bancorp's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.03. At the end of 2023 the company had a P/S ratio of 3.29.

P/S ratio history for Merchants Bancorp from 2017 to 2023

PS ratio at the end of each year

Year	P/S ratio	Change
2023	3.29	38.08%
2022	2.38	-25.17%
2021	3.19	37.39%
2020	2.32	-32.44%
2019	3.43	-19.14%
2018	4.24	-17.16%
2017	5.12

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Northeast Bank NBN	5.18	49.73%	🇺🇸 USA
National Bank Holdings NBHC	3.56	2.77%	🇺🇸 USA

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P/S ratio for Merchants Bancorp (MBIN)

P/S ratio as of November 2026 (TTM): 3.46