Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026)
Merchants Bancorp (MBIN) posted Interest Expense - Debt of $37.6 million for Q2 2026, up 29.97% on a QoQ basis from $28.9 million in Q1 2026, and up 1.7% year-over-year from $37.0 million in Q2 2025.
Analysis
Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026) Analysis & Trends
Merchants Bancorp has reported Interest Expense - Debt for 11 years, with the latest figure at $37.6 million in Q2 2026.
- On a quarterly basis, Interest Expense - Debt rose 1.7% year-over-year to $37.6 million in Q2 2026; TTM through Jun 2026 was $126.8 million, a 6.94% decrease from a year earlier, with the FY2025 full-year figure at $130.6 million, up 54.14% from the prior year.
- Interest Expense - Debt was $37.6 million for Q2 2026 at Merchants Bancorp, up from $28.9 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $37.6 million in Q2 2026, with the low at -$8.4 million in Q4 2023.
- Average Interest Expense - Debt over 5 years is $17.8 million, with a median of $15.5 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt tumbled 1434.35% in 2023, then surged 510.19% in 2024.
- Over 5 years, Interest Expense - Debt stood at $626000.0 in 2022, then sank by 1434.35% to -$8.4 million in 2023, then soared by 510.19% to $34.3 million in 2024, then gained by 0.06% to $34.3 million in 2025, then grew by 9.7% to $37.6 million in 2026.
- The last three Interest Expense - Debt figures came in at $37.6 million (Q2 2026), $28.9 million (Q1 2026), and $34.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 155.00 Mn |
| 10 | Merchants Bancorp | 2.41 Bn | 1.57 Bn | - | 37.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.61 Mn |
| Mar 31, 2026 | 28.94 Mn |
| Dec 31, 2025 | 34.28 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 | 31.60 Mn |
| Jun 30, 2024 | 11.61 Mn |
| Mar 31, 2024 | 8.87 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 |