Merchants Bancorp (Merchants Bancorp) Net Charge Offs to Average Loans % : 0.00% (As of Dec. 2023)

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What is Merchants Bancorp Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Merchants Bancorp's Net Charge Offs to Average Loans % or its related term are showing as below:

MBIN's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Merchants Bancorp Net Charge Offs to Average Loans % Historical Data

The historical data trend for Merchants Bancorp's Net Charge Offs to Average Loans % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Merchants Bancorp Net Charge Offs to Average Loans % Chart

Merchants Bancorp Annual Data

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Merchants BancorpQuarterly Data

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Competitive Comparison of Merchants Bancorp's Net Charge Offs to Average Loans %

For the Banks - Regional subindustry, Merchants Bancorp's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Merchants Bancorp (NAS:MBIN) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Merchants Bancorp (NAS:MBIN) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Merchants Bancorp Net Charge Offs to Average Loans % Related Terms

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Merchants Bancorp (Merchants Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Bancorp (NAS:MBIN) » Definitions » Net Charge Offs to Average Loans %

Comparable Companies

Traded in Other Exchanges

MBINM.PFD:USA MBINN.PFD:USA MBINO.PFD:USA MBINP.PFD:USA

Address

410 Monon Boulevard, Carmel, IN, USA, 46032

Website

https://www.merchantsbankofindiana.com

Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.

Executives

Randall D. Rogers	director, officer: Vice Chairman	410 MONON BLVD, CARMEL IN 46032
Michael R. Dury	officer: CEO of Merchants Capital	410 MONON BLVD, CARMEL IN 46032
Michael F. Petrie	director, 10 percent owner, officer: Chairman and CEO	410 MONON BLVD, CARMEL IN 46032
Michael J. Dunlap	director, officer: President, COO	410 MONON BLVD, CARMEL IN 46032
Terry A Oznick	officer: SVP, General Counsel	410 MONON BLVD, CARMEL IN 46032
Anne E. Sellers	director	410 MONON BLVD, CARMEL IN 46032
Andrew Juster	director	410 MONON BLVD, CARMEL IN 46032
David N. Shane	director	410 MONON BLVD, CARMEL IN 46032
Sue Anne Gilroy	director	410 MONON BLVD, CARMEL IN 46032
Kevin T Langford	officer: Chief Administrative Officer	410 MONON BLVD, CARMEL IN 46032
Susan Dehner Kucer	officer: Indianpolis Market President	410 MONON BLVD, CARMEL IN 46032
Scott A. Evans	director, officer: Lynn Market President	410 MONON BLVD, CARMEL IN 46032
Jerry F. Koors	officer: Merchants Mortgage President	410 MONON BLVD, CARMEL IN 46032
John F. Macke	officer: Chief Financial Officer	410 MONON BLVD, CARMEL IN 46032
Jody J. Petrie	10 percent owner	11555 N. MERIDIAN STREET, SUITE 400, CARMEL IN 46032