Meridian (MRBK) Interest Expense - Debt (2017 - 2026)
Meridian (MRBK) posted quarterly Interest Expense - Debt of $2.3 million for Q1 2026, down 9.39% year-over-year from $2.5 million in Q1 2025, and down 12.61% quarter-over-quarter from $2.6 million in Q4 2025.
Meridian (MRBK) Interest Expense - Debt (2017 - 2026) Analysis & Trends
Meridian (MRBK) has reported Interest Expense - Debt for 10 consecutive years, with $2.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Debt fell 9.39% year-over-year to $2.3 million; the TTM figure through Mar 2026 stood at $10.2 million (down 0.72% YoY), while the FY2025 annual figure was $10.5 million, down 4.79% from the prior year.
- Interest Expense - Debt declined to $2.3 million in Q1 2026 per MRBK's latest filing, from $2.6 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $3.2 million in Q1 2024 and bottomed at $640000.0 in Q1 2022.
- Historically, Interest Expense - Debt has averaged $2.2 million across 5 years, with a median of $2.6 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expense - Debt jumped 306.44% — and 2025, when it dropped 21.47%.
- Meridian's Interest Expense - Debt stood at $1.0 million in 2022, then soared by 152.23% to $2.6 million in 2023, then retreated by 8.08% to $2.4 million in 2024, then climbed by 9.59% to $2.6 million in 2025, then decreased by 12.61% to $2.3 million in 2026.
- Business Quant data shows MRBK's Interest Expense - Debt at $2.3 million in Q1 2026, $2.6 million in Q4 2025, and $2.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 228.00 Mn |
| 10 | Meridian | 232.32 Mn | 193.96 Mn | - | 2.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.24 Mn |
| Mar 31, 2026 | 2.29 Mn |
| Dec 31, 2025 | 2.62 Mn |
| Sep 30, 2025 | 2.58 Mn |
| Jun 30, 2025 | 2.75 Mn |
| Mar 31, 2025 | 2.52 Mn |
| Dec 31, 2024 | 2.39 Mn |
| Sep 30, 2024 | 2.76 Mn |
| Jun 30, 2024 | 2.63 Mn |
| Mar 31, 2024 | 3.21 Mn |
| Dec 31, 2023 | 2.60 Mn |
| Sep 30, 2023 | 2.69 Mn |
| Jun 30, 2023 | 2.72 Mn |
| Mar 31, 2023 | 1.82 Mn |
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | 857,000.00 |
| Jun 30, 2022 | 668,000.00 |
| Mar 31, 2022 | 640,000.00 |
| Dec 31, 2021 | 693,000.00 |
| Sep 30, 2021 | 722,000.00 |