Merchants Bancorp (MBIN) Interest Expense - Debt (2016 - 2026)
Merchants Bancorp (MBIN) posted quarterly Interest Expense - Debt of $3.1 million for Q1 2026, down 90.78% year-over-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.
- In Q1 2026, Interest Expense - Debt fell 90.78% year-over-year to $3.1 million; the TTM figure through Mar 2026 stood at $52.7 million (down 38.21% YoY), while the FY2025 annual figure was $130.6 million, up 54.14% from the prior year.
- Interest Expense - Debt for Q1 2026 stood at $3.1 million, down from $34.3 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $34.3 million in Q4 2025, with the low 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.
- The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt tumbled 1434.35% in 2023, then soared 510.19% in 2024.
- Merchants Bancorp's Interest Expense - Debt stood at $626000.0 in 2022, then sank by 1434.35% to -$8.4 million in 2023, then jumped by 510.19% to $34.3 million in 2024, then increased by 0.06% to $34.3 million in 2025, then sank by 91.02% to $3.1 million in 2026.
- Business Quant data shows MBIN's Interest Expense - Debt at $3.1 million in Q1 2026, $34.3 million in Q4 2025, and $8.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 228.00 Mn |
| 10 | Merchants Bancorp | 2.49 Bn | 1.65 Bn | - | 37.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.61 Mn |
| 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 |