Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026)
Merchants Bancorp (MBIN) recorded quarterly Interest Expense - Debt of $28.9 million in Q1 2026, down 73.08% quarter-over-quarter from $107.5 million in Q4 2025, and down 13.27% on a YoY basis from $33.4 million in Q1 2025.
Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026) Analysis & Trends
Merchants Bancorp's Interest Expense - Debt history runs 11 years deep, the most recent figure standing at $28.9 million for Q1 2026.
- In Q1 2026, Interest Expense - Debt fell 13.27% year-over-year to $28.9 million; the TTM figure through Mar 2026 stood at $199.3 million (up 126.32% YoY), while the FY2025 annual figure was $130.6 million, up 54.14% from the prior year.
- Interest Expense - Debt was $28.9 million for Q1 2026 at Merchants Bancorp, down from $107.5 million in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $107.5 million in Q4 2025 to a low of -$8.4 million in Q4 2023.
- Historically, Interest Expense - Debt has averaged $19.5 million across 5 years, with a median of $11.6 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt plunged 1434.35% in 2023, then jumped 510.19% in 2024.
- A 5-year view of Interest Expense - Debt shows it stood at $626000.0 in 2022, then slumped by 1434.35% to -$8.4 million in 2023, then surged by 510.19% to $34.3 million in 2024, then surged by 213.68% to $107.5 million in 2025, then plunged by 73.08% to $28.9 million in 2026.
- The last three Interest Expense - Debt figures came in at $28.9 million (Q1 2026), $107.5 million (Q4 2025), and $25.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 277,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 32.51 Bn |
| 10 | Merchants Bancorp | 2.30 Bn | 1.66 Bn | - | 28.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.94 Mn |
| Dec 31, 2025 | 107.48 Mn |
| Sep 30, 2025 | 25.93 Mn |
| Jun 30, 2025 | 36.98 Mn |
| Mar 31, 2025 | 33.36 Mn |
| Dec 31, 2024 | 34.26 Mn |
| Sep 30, 2024 | 8.83 Mn |
| Jun 30, 2024 | 11.61 Mn |
| Mar 31, 2024 | 7.22 Mn |
| Dec 31, 2023 | -8.35 Mn |
| Sep 30, 2023 | 16.33 Mn |
| Jun 30, 2023 | 14.65 Mn |
| Mar 31, 2023 | 6.16 Mn |
| Dec 31, 2022 | 626,000.00 |
| Sep 30, 2022 | 3.73 Mn |
| Jun 30, 2022 | 2.47 Mn |
| Mar 31, 2022 | 1.47 Mn |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | 1.45 Mn |
| Jun 30, 2021 | 1.35 Mn |