Merchants Bank of Indiana: Efficiency Ratio
Data as of · sourced from FFIEC call reports. How we update
Merchants Bank of Indiana reported an efficiency ratio of 38.79% as of Q2 2026, ranking #167 of 3,608 U.S. banks (95th percentile). That is down 3.52 percentage points from 42.31% a year earlier, and below the 53.45% median of the 122 Regional Banks ($10B–$100B in assets). The efficiency ratio measures non-interest operating expense against net revenue. A lower ratio means the bank converts more of each revenue dollar into pre-tax income.
12-Quarter Trend
National Context
What is the Efficiency Ratio?
A bank's efficiency ratio is its noninterest expense divided by its revenue, net interest income plus noninterest income. It shows how many cents the bank spends to earn each dollar of revenue, so a lower ratio is better.
Compare banks of similar size and business model. Very small banks rarely run below 60% because fixed costs are spread over less revenue, and fee-heavy banks with trust or mortgage businesses carry higher expense against their revenue. The trend matters as much as the level: a rising ratio means expenses are growing faster than revenue. A very low ratio can also mean underinvestment in staff or systems.
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What is Merchants Bank of Indiana's Efficiency Ratio?
Merchants Bank of Indiana's Efficiency Ratio was 38.79% as of Q2 2026, ranking #167 of 3,608 U.S. banks.
What is the Efficiency Ratio?
A bank's efficiency ratio is its noninterest expense divided by its revenue, net interest income plus noninterest income. It shows how many cents the bank spends to earn each dollar of revenue, so a lower ratio is better.
More Merchants Bank of Indiana metrics
Source: FFIEC call reports, standardized by BankRegReports. Values are point-in-time as filed. See the full Merchants Bank of Indiana profile or how this data updates. The figures come from the bank's call report.
Regulator records: FDIC BankFind (cert 8056) · FFIEC NIC profile (RSSD 963945)