Merchants Bancorp (MBINM) Interest Expense - Debt (2016 - 2026)

Merchants Bancorp's (MBINM) quarterly Interest Expense - Debt came in at $3.1 million in Q1 2026, down 90.78% year-on-year from $33.4 million in Q1 2025, and down 91.02% quarter-over-quarter from $34.3 million in Q4 2025.

Merchants Bancorp (MBINM) Interest Expense - Debt (2016 - 2026) Analysis & Trends

Merchants Bancorp's Interest Expense - Debt history runs 11 years deep, the most recent figure standing at $3.1 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt fell 90.78% year-over-year to $3.1 million in Q1 2026; TTM through Mar 2026 was $52.7 million, a 38.21% decrease from a year earlier, with the FY2025 full-year figure at $130.6 million, up 54.14% from the prior year.
  • Interest Expense - Debt slipped to $3.1 million in Q1 2026 per MBINM's latest filing, from $34.3 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $34.3 million in Q4 2025 and bottomed at -$8.4 million in Q4 2023.
  • The 5-year median for Interest Expense - Debt is $7.3 million (2025), against an average of $10.7 million.
  • Across the five-year window, Interest Expense - Debt plunged 1434.35% in 2023 and soared 510.19% in 2024, its largest moves.
  • Year by year, Interest Expense - Debt stood at $626000.0 in 2022, then plunged by 1434.35% to -$8.4 million in 2023, then surged by 510.19% to $34.3 million in 2024, then rose by 0.06% to $34.3 million in 2025, then plunged by 91.02% to $3.1 million in 2026.
  • Per Business Quant, the three latest MBINM Interest Expense - Debt figures stand at $3.1 million (Q1 2026), $34.3 million (Q4 2025), and $8.1 million (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 3.08 Mn
Dec 31, 2025 34.28 Mn
Sep 30, 2025 8.05 Mn
Jun 30, 2025 7.32 Mn
Mar 31, 2025 33.36 Mn
Dec 31, 2024 34.26 Mn
Sep 30, 2024 8.83 Mn
Jun 30, 2024 8.89 Mn
Mar 31, 2024 7.22 Mn
Dec 31, 2023 -8.35 Mn
Sep 30, 2023 16.33 Mn
Jun 30, 2023 14.65 Mn
Mar 31, 2023 6.16 Mn
Dec 31, 2022 626,000.00
Sep 30, 2022 3.73 Mn
Jun 30, 2022 2.47 Mn
Mar 31, 2022 1.47 Mn
Dec 31, 2021 1.35 Mn
Sep 30, 2021 1.45 Mn
Jun 30, 2021 1.35 Mn