Merchants Bancorp (MBIN) Interest Expenses (2016 - 2026)
Merchants Bancorp's quarterly Interest Expenses came in at $141.9 million in Q1 2026, down 14.03% year-on-year from $165.0 million in Q1 2025, and down 16.25% quarter-over-quarter from $169.4 million in Q4 2025.
Merchants Bancorp has reported Interest Expenses for 11 years, with the latest figure at $141.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 14.03% year-over-year to $141.9 million; the trailing twelve-month figure through Mar 2026 stood at $660.6 million (down 12.84% YoY), and the FY2025 full-year result was $683.8 million, down 12.35% from the prior year.
- Interest Expenses for Q1 2026 stood at $141.9 million, down from $169.4 million in the prior quarter.
- The five-year high for Interest Expenses was $206.1 million in Q3 2024, with the low at $10.3 million in Q1 2022.
- Average Interest Expenses over 5 years is $141.0 million, with a median of $169.4 million recorded in 2025.
- Year-over-year, Interest Expenses soared 975.15% in 2023 and slipped 15.71% in 2025.
- Tracing MBIN's Interest Expenses over 5 years: stood at $86.0 million in 2022, then surged by 117.87% to $187.4 million in 2023, then slipped by 0.38% to $186.7 million in 2024, then declined by 9.29% to $169.4 million in 2025, then declined by 16.25% to $141.9 million in 2026.
- The last three Interest Expenses figures came in at $141.9 million (Q1 2026), $169.4 million (Q4 2025), and $173.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -227,416.00 |
| 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 | - | 3.51 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 5.23 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 7.97 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -22.86 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 2.48 Bn |
| 10 | Merchants Bancorp | 2.11 Bn | 1.48 Bn | - | 141.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 141.86 Mn |
| Mar 31, 2026 | 141.86 Mn |
| Dec 31, 2025 | 169.38 Mn |
| Dec 31, 2025 | 169.38 Mn |
| Sep 30, 2025 | 173.72 Mn |
| Sep 30, 2025 | 173.72 Mn |
| Jun 30, 2025 | 175.68 Mn |
| Jun 30, 2025 | 175.68 Mn |
| Mar 31, 2025 | 165.01 Mn |
| Mar 31, 2025 | 165.01 Mn |
| Dec 31, 2024 | 186.72 Mn |
| Dec 31, 2024 | 186.72 Mn |
| Sep 30, 2024 | 206.11 Mn |
| Sep 30, 2024 | 206.11 Mn |
| Jun 30, 2024 | 200.15 Mn |
| Jun 30, 2024 | 200.15 Mn |
| Mar 31, 2024 | 187.12 Mn |
| Mar 31, 2024 | 187.12 Mn |
| Dec 31, 2023 | 187.43 Mn |
| Dec 31, 2023 | 187.43 Mn |
| Sep 30, 2023 | 179.24 Mn |
| Sep 30, 2023 | 179.24 Mn |
| Jun 30, 2023 | 152.45 Mn |
| Jun 30, 2023 | 152.45 Mn |
| Mar 31, 2023 | 110.60 Mn |
| Mar 31, 2023 | 110.60 Mn |
| Dec 31, 2022 | 86.03 Mn |
| Dec 31, 2022 | 86.03 Mn |
| Sep 30, 2022 | 48.73 Mn |
| Sep 30, 2022 | 48.73 Mn |
| Jun 30, 2022 | 17.24 Mn |
| Jun 30, 2022 | 17.24 Mn |
| Mar 31, 2022 | 10.29 Mn |
| Mar 31, 2022 | 10.29 Mn |
| Dec 31, 2021 | 9.84 Mn |
| Dec 31, 2021 | 9.84 Mn |
| Sep 30, 2021 | 8.43 Mn |
| Sep 30, 2021 | 8.43 Mn |
| Jun 30, 2021 | 8.03 Mn |
| Jun 30, 2021 | 8.03 Mn |
| Mar 31, 2021 | 7.59 Mn |
| Mar 31, 2021 | 7.59 Mn |
| Dec 31, 2020 | 8.67 Mn |
| Dec 31, 2020 | 8.67 Mn |
| Sep 30, 2020 | 10.94 Mn |
| Sep 30, 2020 | 10.94 Mn |
| Jun 30, 2020 | 16.97 Mn |
| Jun 30, 2020 | 16.97 Mn |
| Mar 31, 2020 | 22.06 Mn |
| Mar 31, 2020 | 22.06 Mn |
| Dec 31, 2019 | 26.18 Mn |
| Dec 31, 2019 | 26.18 Mn |
| Sep 30, 2019 | 27.14 Mn |
| Sep 30, 2019 | 27.14 Mn |
| Jun 30, 2019 | 20.84 Mn |
| Jun 30, 2019 | 20.84 Mn |
| Mar 31, 2019 | 15.54 Mn |
| Mar 31, 2019 | 15.54 Mn |
| Dec 31, 2018 | 15.65 Mn |
| Dec 31, 2018 | 15.65 Mn |
| Sep 30, 2018 | 14.10 Mn |
| Sep 30, 2018 | 14.10 Mn |
| Jun 30, 2018 | 11.92 Mn |
| Jun 30, 2018 | 11.92 Mn |
| Mar 31, 2018 | 8.93 Mn |
| Mar 31, 2018 | 8.93 Mn |
| Dec 31, 2017 | 7.96 Mn |
| Dec 31, 2017 | 7.96 Mn |
| Sep 30, 2017 | 7.62 Mn |
| Sep 30, 2017 | 7.62 Mn |
| Jun 30, 2017 | 6.74 Mn |
| Jun 30, 2017 | 6.74 Mn |
| Mar 31, 2017 | 5.48 Mn |
| Mar 31, 2017 | 5.48 Mn |
| Dec 31, 2016 | 5.51 Mn |
| Dec 31, 2016 | 5.51 Mn |
| Sep 30, 2016 | 4.86 Mn |
| Sep 30, 2016 | 4.86 Mn |
| Jun 30, 2016 | 4.36 Mn |
| Jun 30, 2016 | 4.36 Mn |
| Mar 31, 2016 | 4.24 Mn |
| Mar 31, 2016 | 4.24 Mn |