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
DateValue
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