Meridian (MRBK) Interest Coverage Ratio (2017 - 2026)
Meridian (MRBK) reported Interest Coverage Ratio of 1.15 for Q1 2026, down 1.24% year-over-year from 1.16 in Q1 2025, and down 22.67% quarter-over-quarter 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.
- Interest Coverage Ratio for Q1 2026 came in at 1.15, down 1.24% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.36 (up 8.58% YoY), and the FY2025 annual result was 1.36, up 8.36% from the prior year.
- Interest Coverage Ratio eased to 1.15 in Q1 2026 per MRBK's latest filing, from 1.48 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.67 in Q1 2022 and troughed at 1.04 in Q4 2023.
- A 5-year average of 1.74 and a median of 1.36 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio slumped 73.61% in 2022, then jumped 31.72% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.62 in 2022, then slumped by 35.93% to 1.04 in 2023, then jumped by 31.72% to 1.37 in 2024, then grew by 8.62% to 1.48 in 2025, then fell by 22.67% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -1.52 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 2.53 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 2.21 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 0.04 |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Meridian | 235.98 Mn | 205.58 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 | 1.37 |
| Sep 30, 2024 | 1.28 |
| Jun 30, 2024 | 1.20 |
| Mar 31, 2024 | 1.17 |
| Dec 31, 2023 | 1.04 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.35 |
| Mar 31, 2023 | 1.39 |
| Dec 31, 2022 | 1.62 |
| Sep 30, 2022 | 2.51 |
| Jun 30, 2022 | 4.08 |
| Mar 31, 2022 | 4.67 |
| Dec 31, 2021 | 6.14 |
| Sep 30, 2021 | 7.00 |
| Jun 30, 2021 | 6.13 |