Company / Tangible Book Value per Share
Merchants Bancorp Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$49.47
FY2025
5-year range
$26.30 / $49.67
FY2021-FY2025
Trend
-0.4%
vs FY2024
Sector context
#78 of 381
Financials
What the data says
Merchants Bancorp's tangible book value per share of $49.47 is higher than 80% of companies in the Financials sector (FY2025). Tangible Book Value per Share has fluctuated over the past 10 years, ranging from $9.75 in FY2016 to $49.67 in FY2024.
Based on SEC 10-K filings.
49.47 in FY2025 with a 5-year CAGR of +21.9%. Top quartile in the Financials sector.
Improved from $38.88 to $49.47 over the past 2 years.
Financials sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +14.1%
- 5-Year CAGR
- +21.9%
- 10-Year CAGR
- -
Sector benchmark
-99.5% below sector average
Key checks
Key Insights
- In FY2025, tangible book value per share decreased 0.4% year-over-year.
- Ranks #78 out of 381 companies in the Financials sector.
- Peak tangible book value per share was recorded in FY2024.
- Lowest tangible book value per share in the period was in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $49.47 | -0.4% |
| FY2024 | $49.67 | +27.8% |
| FY2023 | $38.88 | +16.6% |
| FY2022 | $33.33 | +26.7% |
| FY2021 | $26.30 | +42.9% |
| FY2020 | $18.41 | +24.5% |
| FY2019 | $14.79 | +5.2% |
| FY2018 | $14.06 | -12.7% |
| FY2017 | $16.11 | +65.3% |
| FY2016 | $9.75 | +39.1% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026