Meridian (MRBK) Interest Expense - Debt (2017 - 2026)
Meridian's (MRBK) quarterly Interest Expense - Debt came in at $2.2 million in Q2 2026, down 18.58% year-over-year from $2.8 million in Q2 2025, and down 2.06% quarter-over-quarter from $2.3 million in Q1 2026.
Analysis
Meridian (MRBK) Interest Expense - Debt (2017 - 2026) Analysis & Trends
Meridian (MRBK) has reported Interest Expense - Debt for 10 consecutive years, with $2.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expense - Debt fell 18.58% year-over-year to $2.2 million in Q2 2026; TTM through Jun 2026 was $9.7 million, a 6.79% decrease from a year earlier, with the FY2025 full-year figure at $10.5 million, down 4.79% from the prior year.
- Interest Expense - Debt was $2.2 million for Q2 2026 at Meridian, down from $2.3 million in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $3.2 million in Q1 2024 and troughed at $640000.0 in Q1 2022.
- A 5-year average of $2.2 million and a median of $2.5 million in 2025 frame the typical range for Interest Expense - Debt.
- Across the five-year window, Interest Expense - Debt soared 306.44% in 2023 and slipped 21.47% in 2025, its largest moves.
- Over 5 years, Interest Expense - Debt stood at $1.0 million in 2022, then jumped by 152.23% to $2.6 million in 2023, then declined by 8.08% to $2.4 million in 2024, then gained by 9.59% to $2.6 million in 2025, then retreated by 14.41% to $2.2 million in 2026.
- The last three Interest Expense - Debt figures came in at $2.2 million (Q2 2026), $2.3 million (Q1 2026), and $2.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 155.00 Mn |
| 10 | Meridian | 233.27 Mn | 194.91 Mn | - | 2.24 Mn |
Historic Data
Download Data
Historic 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 |