Meridian (MRBK) Interest Expense - Debt (2017 - 2026)
Meridian's Interest Expense - Debt was $2.24 million in Q2 2026, down 18.6% from $2.75 million a year earlier and down 2.1% from the prior quarter.
Meridian (MRBK) Interest Expense - Debt (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meridian's Interest Expense - Debt was $9.72 million through Jun 30, 2026, down 6.8% year-over-year; for FY2025, it was $10.47 million, down 4.8% from FY2024.
- Interest Expense - Debt shows a five-year compound annual growth rate of 23.2% (FY2020 to FY2025).
- In earlier years, Interest Expense - Debt was $10.99 million in FY2024 (+11.9%), $9.83 million in FY2023 (+207.5%), $3.2 million in FY2022 (+9.6%) and $2.92 million in FY2021 (-20.9%).
- The Q2 2026 figure marks the lowest quarterly Interest Expense - Debt since Q1 2023.
- Compared with a year earlier, Interest Expense - Debt was higher in three of the last eight quarters, with an average decline of 5.9%.
- The best year-over-year quarter for Interest Expense - Debt over five years was Q2 2023 (growth of 306.4%); the worst was Q4 2021 (a decline of 30.9%).
- Per Business Quant data, MRBK's Interest Expense - Debt in the three quarters before Q2 2026 was $2.29 million (Q1 2026), $2.62 million (Q4 2025) and $2.58 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | Meridian | 224.41 Mn | 215.81 Mn | - | 2.24 Mn |
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 |
Meridian Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=MRBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "MRBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=MRBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();