Merchants Bancorp (MBIN) Interest Expense - Others (2024 - 2026)
Merchants Bancorp's Interest Expense - Others came in at $37.61 million for Q2 2026, up 1.7% from $36.98 million a year earlier and up 30.0% from the prior quarter.
Merchants Bancorp (MBIN) Interest Expense - Others (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merchants Bancorp reported Interest Expense - Others of $126.75 million, down 6.9% year-over-year; for FY2025, it was $130.55 million, up 54.1% from FY2024.
- Interest Expense - Others has increased in each of the last three years, with a three-year compound annual growth rate of 150.6% (FY2022 to FY2025).
- Going back by year, Interest Expense - Others was $84.7 million in FY2024 (+257.0%), $23.73 million in FY2023 (+186.0%) and $8.3 million in FY2022.
- The Q2 2026 figure represents the highest quarterly Interest Expense - Others in data going back to Q1 2024.
- Year-over-year, Interest Expense - Others increased in four of the last six quarters, with growth averaging 91.8%.
- Business Quant data shows MBIN's Interest Expense - Others at $28.94 million (Q1 2026), $34.28 million (Q4 2025) and $25.93 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Merchants Bancorp | 2.25 Bn | -1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.61 Mn |
| Mar 31, 2026 | 28.94 Mn |
| Dec 31, 2025 | 34.28 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 | 31.60 Mn |
| Jun 30, 2024 | 11.61 Mn |
| Mar 31, 2024 | 7.22 Mn |
Merchants Bancorp Interest Expense - Others 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-others&ticker=MBIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-others", "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-others&ticker=MBIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();