Merchants Bancorp (MBIN) Interest Expenses (2016 - 2026)
Merchants Bancorp's (MBIN) quarterly Interest Expenses came in at $142.7 million in Q1 2026, down 15.85% year-on-year from $169.6 million in Q1 2025, and down 20.07% quarter-over-quarter from $178.5 million in Q4 2025.
Merchants Bancorp (MBIN) Interest Expenses (2016 - 2026) Analysis & Trends
Merchants Bancorp's Interest Expenses history runs 11 years deep, the most recent figure standing at $142.7 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 15.85% year-over-year to $142.7 million in Q1 2026; TTM through Mar 2026 was $670.6 million, a 13.34% decrease from a year earlier, with the FY2025 full-year figure at $692.9 million, down 12.18% from the prior year.
- Interest Expenses fell to $142.7 million in Q1 2026 per MBIN's latest filing, from $178.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $206.1 million in Q3 2024 and bottomed at $10.3 million in Q1 2022.
- The 5-year median for Interest Expenses is $169.6 million (2025), against an average of $140.8 million.
- Across the five-year window, Interest Expenses soared 975.15% in 2023 and dropped 15.85% in 2026, its largest moves.
- Year by year, Interest Expenses stood at $76.4 million in 2022, then jumped by 118.97% to $167.4 million in 2023, then advanced by 18.29% to $198.0 million in 2024, then fell by 9.85% to $178.5 million in 2025, then retreated by 20.07% to $142.7 million in 2026.
- Per Business Quant, the three latest MBIN Interest Expenses figures stand at $142.7 million (Q1 2026), $178.5 million (Q4 2025), and $173.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 259,661.44 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.73 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -32,586.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.98 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 2.53 Bn |
| 10 | Merchants Bancorp | 2.14 Bn | 1.51 Bn | - | 142.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 142.69 Mn |
| Mar 31, 2026 | 142.69 Mn |
| Dec 31, 2025 | 178.51 Mn |
| Dec 31, 2025 | 178.51 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 | 169.56 Mn |
| Mar 31, 2025 | 169.56 Mn |
| Dec 31, 2024 | 198.01 Mn |
| Dec 31, 2024 | 198.01 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 | 167.40 Mn |
| Dec 31, 2023 | 167.40 Mn |