Merchants Bancorp MBIN
NASDAQ MBIN
$52.49 -0.41 (-0.78%)
As of: Sep 9, 2026 · 3:59 PM EDT

Merchants Bancorp (MBIN) Non Operating Interest Expenses (2016 - 2024)

Merchants Bancorp (MBIN) posted Non Operating Interest Expenses of $187.1 million for Q1 2024, little changed on a QoQ basis from $187.4 million in Q4 2023, and up 69.18% year-over-year from $110.6 million in Q2 2023.

Analysis

Merchants Bancorp (MBIN) Non Operating Interest Expenses (2016 - 2024) Analysis & Trends

Merchants Bancorp has reported Non Operating Interest Expenses for 9 years, with the latest figure at $187.1 million in Q1 2024.

  • On a quarterly basis, Non Operating Interest Expenses rose 69.18% year-over-year to $187.1 million in Q1 2024; TTM through Mar 2024 was $706.2 million, a 168.95% increase from a year earlier, with the FY2023 full-year figure at $629.7 million, up 288.04% from the prior year.
  • Non Operating Interest Expenses was $187.1 million for Q1 2024 at Merchants Bancorp, roughly flat from $187.4 million in the prior quarter.
  • The five-year high for Non Operating Interest Expenses was $187.4 million in Q4 2023, with the low at $7.6 million in Q1 2021.
  • Average Non Operating Interest Expenses over 5 years is $63.0 million, with a median of $17.2 million recorded in 2022.
  • The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses slumped 66.87% in 2020, then surged 975.15% in 2023.
  • Over 5 years, Non Operating Interest Expenses stood at $8.7 million in 2020, then increased by 13.47% to $9.8 million in 2021, then jumped by 774.1% to $86.0 million in 2022, then surged by 117.87% to $187.4 million in 2023, then fell by 0.17% to $187.1 million in 2024.
  • The last three Non Operating Interest Expenses figures came in at $187.1 million (Q1 2024), $187.4 million (Q4 2023), and $179.2 million (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -467.75 Bn
2 Truist Financial 61.46 Bn 61.46 Bn - 224.00 Mn
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - -
4 M&T Bank 34.72 Bn 34.72 Bn - -
5 Huntington Bancshares 33.60 Bn 29.07 Bn - -
6 Citizens Financial 29.31 Bn 29.31 Bn - -
7 Regions Financial 25.53 Bn 25.53 Bn - -
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn -
9 Keycorp 23.26 Bn -24.44 Bn - -
10 Merchants Bancorp 2.41 Bn 1.57 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 187.12 Mn
Dec 31, 2023 187.43 Mn
Sep 30, 2023 179.24 Mn
Jun 30, 2023 152.45 Mn
Mar 31, 2023 110.60 Mn
Dec 31, 2022 86.03 Mn
Sep 30, 2022 48.73 Mn
Jun 30, 2022 17.24 Mn
Mar 31, 2022 10.29 Mn
Dec 31, 2021 9.84 Mn
Sep 30, 2021 8.43 Mn
Jun 30, 2021 8.03 Mn
Mar 31, 2021 7.59 Mn
Dec 31, 2020 8.67 Mn
Sep 30, 2020 10.94 Mn
Jun 30, 2020 16.97 Mn
Mar 31, 2020 22.06 Mn
Dec 31, 2019 26.18 Mn
Sep 30, 2019 27.14 Mn
Jun 30, 2019 20.84 Mn