Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026)
Merchants Bancorp's quarterly Interest Expense - Debt came in at $28.9 million in Q1 2026, down 13.27% year-on-year from $33.4 million in Q1 2025, and down 73.08% quarter-over-quarter from $107.5 million in Q4 2025.
Merchants Bancorp has reported Interest Expense - Debt for 11 years, with the latest figure at $28.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expense - Debt fell 13.27% year-over-year to $28.9 million; the trailing twelve-month figure through Mar 2026 stood at $199.3 million (up 126.32% YoY), and the FY2025 full-year result was $130.6 million, up 54.14% from the prior year.
- Interest Expense - Debt for Q1 2026 stood at $28.9 million, down from $107.5 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $107.5 million in Q4 2025, with the low at -$8.4 million in Q4 2023.
- Average Interest Expense - Debt over 5 years is $19.5 million, with a median of $11.6 million recorded in 2024.
- Year-over-year, Interest Expense - Debt plunged 1434.35% in 2023 and soared 510.19% in 2024.
- Tracing MBIN's Interest Expense - Debt over 5 years: 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 soared by 213.68% to $107.5 million in 2025, then tumbled 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 | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 277,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 748.00 Mn |
| 10 | Merchants Bancorp | 2.11 Bn | 1.48 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 |
| Mar 31, 2021 | 1.49 Mn |
| Dec 31, 2020 | 1.57 Mn |
| Sep 30, 2020 | 1.83 Mn |
| Jun 30, 2020 | 1.57 Mn |
| Mar 31, 2020 | 1.43 Mn |
| Dec 31, 2019 | 1.13 Mn |
| Sep 30, 2019 | 1.10 Mn |
| Jun 30, 2019 | 1.50 Mn |
| Mar 31, 2019 | 1.32 Mn |
| Dec 31, 2018 | 1.86 Mn |
| Sep 30, 2018 | 2.43 Mn |
| Jun 30, 2018 | 2.18 Mn |
| Mar 31, 2018 | 1.91 Mn |
| Dec 31, 2017 | 2.13 Mn |
| Sep 30, 2017 | 1.96 Mn |
| Jun 30, 2017 | 2.00 Mn |
| Mar 31, 2017 | 1.71 Mn |
| Dec 31, 2016 | 1.82 Mn |
| Sep 30, 2016 | 1.84 Mn |