Merchants Bancorp (MBIN) Interest Expense - Deposits (2016 - 2026)

Merchants Bancorp (MBIN) recorded quarterly Interest Expense - Deposits of $109.8 million in Q1 2026, down 13.02% quarter-over-quarter from $126.3 million in Q4 2025, and down 11.37% on a YoY basis from $123.9 million in Q1 2025.

Merchants Bancorp (MBIN) Interest Expense - Deposits (2016 - 2026) Analysis & Trends

Merchants Bancorp's Interest Expense - Deposits history runs 11 years deep, the most recent figure standing at $109.8 million for Q1 2026.

  • In Q1 2026, Interest Expense - Deposits fell 11.37% year-over-year to $109.8 million; the TTM figure through Mar 2026 stood at $507.3 million (down 17.29% YoY), while the FY2025 annual figure was $521.3 million, down 21.05% from the prior year.
  • Interest Expense - Deposits was $109.8 million for Q1 2026 at Merchants Bancorp, down from $126.3 million in the prior quarter.
  • In the past five years, Interest Expense - Deposits ranged from a high of $179.7 million in Q2 2024 to a low of $8.8 million in Q1 2022.
  • Historically, Interest Expense - Deposits has averaged $118.7 million across 5 years, with a median of $131.4 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Interest Expense - Deposits soared 1085.09% in 2023, then dropped 27.53% in 2025.
  • A 5-year view of Interest Expense - Deposits shows it stood at $81.1 million in 2022, then soared by 112.26% to $172.1 million in 2023, then dropped by 16.3% to $144.0 million in 2024, then slipped by 12.31% to $126.3 million in 2025, then retreated by 13.02% to $109.8 million in 2026.
  • The last three Interest Expense - Deposits figures came in at $109.8 million (Q1 2026), $126.3 million (Q4 2025), and $139.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 Bank Of Chile 98,685.34 Bn 98,685.34 Bn - -
2 Bank Bradesco 6,797.89 Bn 6,781.94 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 210.21 Bn 210.06 Bn - 3.51 Mn
5 Itau Unibanco Holding 201.76 Bn 201.76 Bn - -
6 Landmark Bancorp 180.25 Bn 180.22 Bn - 4.61 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 142.02 Bn 109.60 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - 2.05 Bn
10 Merchants Bancorp 2.26 Bn 1.63 Bn - 109.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 109.85 Mn
Dec 31, 2025 126.29 Mn
Sep 30, 2025 139.74 Mn
Jun 30, 2025 131.38 Mn
Mar 31, 2025 123.94 Mn
Dec 31, 2024 144.01 Mn
Sep 30, 2024 165.68 Mn
Jun 30, 2024 179.65 Mn
Mar 31, 2024 171.02 Mn
Dec 31, 2023 172.06 Mn
Sep 30, 2023 162.91 Mn
Jun 30, 2023 137.80 Mn
Mar 31, 2023 104.44 Mn
Dec 31, 2022 81.06 Mn
Sep 30, 2022 45.00 Mn
Jun 30, 2022 14.77 Mn
Mar 31, 2022 8.81 Mn
Dec 31, 2021 8.49 Mn
Sep 30, 2021 6.98 Mn
Jun 30, 2021 6.68 Mn