Merchants Bancorp (MBIN) Interest Expense - Deposits (2016 - 2026)
Merchants Bancorp (MBIN) posted Interest Expense - Deposits of $116.84 million for Q2 2026, down 11.1% from $131.38 million a year earlier but up 6.4% from the prior quarter.
Merchants Bancorp (MBIN) Interest Expense - Deposits (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Deposits at Merchants Bancorp was $492.72 million, down 12.8% year-over-year; for FY2025, it was $521.35 million, down 21.1% from FY2024.
- Annual Interest Expense - Deposits shows a five-year compound annual growth rate of 58.4% (FY2020 to FY2025).
- In prior years, Merchants Bancorp's Interest Expense - Deposits was $660.36 million in FY2024 (+14.4%), $577.21 million in FY2023 (+285.7%), $149.65 million in FY2022 (+429.6%) and $28.26 million in FY2021 (-45.9%).
- Quarterly Interest Expense - Deposits has run from a low of $6.98 million in Q3 2021 to a high of $179.65 million in Q2 2024 over five years.
- On a year-over-year basis, Interest Expense - Deposits has declined in each of the last seven quarters, with an average decline of 14.9% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Deposits in the past five years was Q4 2022, with growth of 854.6%; the weakest was Q1 2025, with a decline of 27.5%.
- According to Business Quant data, Interest Expense - Deposits for the three prior quarters was $109.85 million (Q1 2026), $126.29 million (Q4 2025) and $139.74 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Merchants Bancorp | 2.25 Bn | -1.25 Bn | - | 116.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.84 Mn |
| 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 |
Merchants Bancorp Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "MBIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();