Meridian (MRBK) Interest Expense - Deposits (2017 - 2026)
Meridian (MRBK) posted quarterly Interest Expense - Deposits of $15.2 million for Q1 2026, down 9.75% year-over-year from $16.9 million in Q1 2025, and down 8.2% quarter-over-quarter from $16.6 million in Q4 2025.
Meridian (MRBK) Interest Expense - Deposits (2017 - 2026) Analysis & Trends
Meridian (MRBK) has reported Interest Expense - Deposits for 10 consecutive years, with $15.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits fell 9.75% year-over-year to $15.2 million; the TTM figure through Mar 2026 stood at $66.5 million (down 9.51% YoY), while the FY2025 annual figure was $68.2 million, down 7.93% from the prior year.
- Interest Expense - Deposits fell to $15.2 million in Q1 2026 per MRBK's latest filing, from $16.6 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $19.3 million in Q3 2024 and bottomed at $1.3 million in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $13.6 million across 5 years, with a median of $16.6 million in 2025.
- Annual changes were most pronounced in 2022 — Interest Expense - Deposits retreated 17.69% — and 2023, when it soared 788.05%.
- Meridian's Interest Expense - Deposits stood at $8.2 million in 2022, then surged by 104.58% to $16.8 million in 2023, then grew by 9.13% to $18.3 million in 2024, then fell by 9.59% to $16.6 million in 2025, then dropped by 8.2% to $15.2 million in 2026.
- Business Quant data shows MRBK's Interest Expense - Deposits at $15.2 million in Q1 2026, $16.6 million in Q4 2025, and $17.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Meridian | 235.52 Mn | 197.17 Mn | - | 15.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.75 Mn |
| Mar 31, 2026 | 15.22 Mn |
| Dec 31, 2025 | 16.58 Mn |
| Sep 30, 2025 | 17.42 Mn |
| Jun 30, 2025 | 17.30 Mn |
| Mar 31, 2025 | 16.87 Mn |
| Dec 31, 2024 | 18.34 Mn |
| Sep 30, 2024 | 19.31 Mn |
| Jun 30, 2024 | 18.99 Mn |
| Mar 31, 2024 | 17.39 Mn |
| Dec 31, 2023 | 16.81 Mn |
| Sep 30, 2023 | 15.54 Mn |
| Jun 30, 2023 | 14.02 Mn |
| Mar 31, 2023 | 11.45 Mn |
| Dec 31, 2022 | 8.22 Mn |
| Sep 30, 2022 | 4.08 Mn |
| Jun 30, 2022 | 1.82 Mn |
| Mar 31, 2022 | 1.29 Mn |
| Dec 31, 2021 | 1.23 Mn |
| Sep 30, 2021 | 1.33 Mn |