Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026)
Merchants Bancorp's (MBIN) quarterly Interest Expense - Debt came in at $3.1 million in Q1 2026, down 90.78% year-on-year from $33.4 million in Q1 2025, and down 91.02% quarter-over-quarter from $34.3 million in Q4 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 $3.1 million for Q1 2026.
- On a quarterly basis, Interest Expense - Debt fell 90.78% year-over-year to $3.1 million in Q1 2026; TTM through Mar 2026 was $52.7 million, a 38.21% 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 slipped to $3.1 million in Q1 2026 per MBIN's latest filing, from $34.3 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $34.3 million in Q4 2025 and bottomed at -$8.4 million in Q4 2023.
- The 5-year median for Interest Expense - Debt is $7.3 million (2025), against an average of $10.7 million.
- Across the five-year window, Interest Expense - Debt plunged 1434.35% in 2023 and soared 510.19% in 2024, its largest moves.
- Year by year, Interest Expense - Debt stood at $626000.0 in 2022, then plunged by 1434.35% to -$8.4 million in 2023, then surged by 510.19% to $34.3 million in 2024, then rose by 0.06% to $34.3 million in 2025, then plunged by 91.02% to $3.1 million in 2026.
- Per Business Quant, the three latest MBIN Interest Expense - Debt figures stand at $3.1 million (Q1 2026), $34.3 million (Q4 2025), and $8.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 277,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 748.00 Mn |
| 10 | Merchants Bancorp | 2.14 Bn | 1.51 Bn | - | 3.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.08 Mn |
| Dec 31, 2025 | 34.28 Mn |
| Sep 30, 2025 | 8.05 Mn |
| Jun 30, 2025 | 7.32 Mn |
| Mar 31, 2025 | 33.36 Mn |
| Dec 31, 2024 | 34.26 Mn |
| Sep 30, 2024 | 8.83 Mn |
| Jun 30, 2024 | 8.89 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 |