Merchants Bancorp (MBINM) Interest Expense - Deposits (2016 - 2026)
Merchants Bancorp's Interest Expense - Deposits was $129.63 million in Q3 2026, down 7.2% from $139.74 million a year earlier but up 10.9% from the prior quarter.
Merchants Bancorp (MBINM) Interest Expense - Deposits (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merchants Bancorp's Interest Expense - Deposits was $482.6 million through Sep 30, 2026, down 10.5% year-over-year; for FY2025, it came in at $521.35 million, down 21.1% from FY2024.
- Interest Expense - Deposits shows a five-year compound annual growth rate of 58.4% (FY2020 to FY2025).
- In earlier years, Interest Expense - Deposits was $660.36 million in FY2024 (+14.4%), $577.21 million in FY2023 (+285.7%), $149.65 million in FY2022 (+429.6%) and $28.26 million in FY2021 (-45.9%).
- Quarterly Interest Expense - Deposits has moved between $8.49 million (Q4 2021) and $179.65 million (Q2 2024) over five years.
- Compared with a year earlier, Interest Expense - Deposits has declined for eight straight quarters, with an average decline of 16.0% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Deposits over five years was Q4 2022 (growth of 854.6%); the worst was Q1 2025 (a decline of 27.5%).
- Per Business Quant data, MBINM's Interest Expense - Deposits in the three quarters before Q3 2026 was $116.84 million (Q2 2026), $109.85 million (Q1 2026) and $126.29 million (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.84 Mn |
| Mar 31, 2026 | 109.85 Mn |
| Dec 31, 2025 | 126.29 Mn |
| Sep 30, 2025 | 139.74 Mn |
| Jun 30, 2025 | 131.38 Mn |
| Mar 31, 2025 | 123.94 Mn |
| Dec 31, 2024 | 144.01 Mn |
| Sep 30, 2024 | 165.68 Mn |
| Jun 30, 2024 | 179.65 Mn |
| Mar 31, 2024 | 171.02 Mn |
| Dec 31, 2023 | 172.06 Mn |
| Sep 30, 2023 | 162.91 Mn |
| Jun 30, 2023 | 137.80 Mn |
| Mar 31, 2023 | 104.44 Mn |
| Dec 31, 2022 | 81.06 Mn |
| Sep 30, 2022 | 45.00 Mn |
| Jun 30, 2022 | 14.77 Mn |
| Mar 31, 2022 | 8.81 Mn |
| Dec 31, 2021 | 8.49 Mn |
| Sep 30, 2021 | 6.98 Mn |
Merchants Bancorp Interest Expense - Deposits 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-deposits&ticker=MBINM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "MBINM", "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-deposits&ticker=MBINM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();