Meridian (MRBK) Interest Coverage Ratio (2017 - 2026)
Meridian (MRBK) posted quarterly Interest Coverage Ratio of 1.15 for Q1 2026, down 1.24% year-over-year from 1.16 in Q1 2025, and down 22.36% quarter-over-quarter from 1.48 in Q4 2025.
Meridian (MRBK) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Meridian (MRBK) has reported Interest Coverage Ratio for 10 consecutive years, with 1.15 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 1.24% year-over-year to 1.15; the TTM figure through Mar 2026 stood at 1.36 (up 9.38% YoY), while the FY2025 annual figure was 1.36, up 9.11% from the prior year.
- Interest Coverage Ratio retreated to 1.15 in Q1 2026 per MRBK's latest filing, from 1.48 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.13 in Q1 2022 and bottomed at 1.04 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 1.38 across 5 years, with a median of 1.35 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 80.34% — and 2024, when it rose 26.66%.
- Meridian's Interest Coverage Ratio stood at 1.55 in 2022, then slumped by 33.16% to 1.04 in 2023, then grew by 26.66% to 1.31 in 2024, then advanced by 12.51% to 1.48 in 2025, then decreased by 22.36% to 1.15 in 2026.
- Business Quant data shows MRBK's Interest Coverage Ratio at 1.15 in Q1 2026, 1.48 in Q4 2025, and 1.43 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 2.00 |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 1.84 |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | 0.27 |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.49 |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 1.77 |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 1.90 |
| 10 | Meridian | 232.32 Mn | 193.96 Mn | - | 1.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 |
| 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 | 1.04 |
| 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 |