Meridian (MRBK) Interest Coverage Ratio (2017 - 2026)
Meridian's (MRBK) quarterly Interest Coverage Ratio came in at 1.15 in Q1 2026, down 1.24% year-on-year from 1.16 in Q1 2025, and down 22.24% on a QoQ basis from 1.48 in Q4 2025.
Meridian (MRBK) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Meridian (MRBK) has 10 years of Interest Coverage Ratio data on file, last reported at 1.15 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 1.24% year-over-year to 1.15 in Q1 2026; TTM through Mar 2026 was 1.36, a 9.34% increase from a year earlier, with the FY2025 full-year figure at 1.36, up 9.11% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.15, down from 1.48 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for MRBK reached as high as 2.13 in Q1 2022 and fell as low as 1.06 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 1.38 across 5 years, with a median of 1.35 in 2023.
- Across the five-year window, Interest Coverage Ratio sank 80.34% in 2022 and climbed 23.58% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 1.55 in 2022, then sank by 31.5% to 1.06 in 2023, then grew by 23.58% to 1.31 in 2024, then grew by 12.34% to 1.48 in 2025, then retreated by 22.24% to 1.15 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.15 in Q1 2026, 1.48 in Q4 2025, and 1.43 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 7,084.59 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -0.53 |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -22.98 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 1.66 |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.27 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 2.19 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.86 |
| 10 | Meridian | 274.73 Mn | 244.33 Mn | - | 1.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.15 |
| Dec 31, 2025 | 1.48 |
| Sep 30, 2025 | 1.43 |
| Jun 30, 2025 | 1.36 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.31 |
| Sep 30, 2024 | 1.28 |
| Jun 30, 2024 | 1.20 |
| Mar 31, 2024 | 1.16 |
| Dec 31, 2023 | 1.06 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.35 |
| Mar 31, 2023 | 1.39 |
| Dec 31, 2022 | 1.55 |
| Sep 30, 2022 | 1.48 |
| Jun 30, 2022 | 1.71 |
| Mar 31, 2022 | 2.13 |
| Dec 31, 2021 | 7.89 |
| Sep 30, 2021 | 7.00 |
| Jun 30, 2021 | 6.13 |