Meridian (MRBK) Interest Expenses (2017 - 2026)
Meridian's Interest Expenses came in at $17.99 million for Q2 2026, down 10.3% from $20.05 million a year earlier but up 2.7% from the prior quarter.
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Analysis
Meridian (MRBK) Interest Expenses (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meridian reported Interest Expenses of $74.69 million, down 9.2% year-over-year; for FY2025, it was $78.64 million, down 7.5% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of 41.9% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $85.03 million in FY2024 (+25.7%), $67.65 million in FY2023 (+263.8%), $18.59 million in FY2022 (+121.1%) and $8.41 million in FY2021 (-38.4%).
- The five-year range for quarterly Interest Expenses is $1.93 million (Q4 2021) to $22.08 million (Q3 2024).
- Year-over-year, Interest Expenses has declined for six consecutive quarters, with an average decline of 2.8% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q1 2023 (growth of 587.9%), and the weakest in Q3 2021 (a decline of 35.3%).
- Business Quant data shows MRBK's Interest Expenses at $17.51 million (Q1 2026), $19.2 million (Q4 2025) and $19.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 25.11 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 17.84 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.12 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 18.09 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 10.97 Bn |
| 10 | Meridian | 224.41 Mn | 215.81 Mn | - | 17.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.99 Mn |
| Mar 31, 2026 | 17.51 Mn |
| Dec 31, 2025 | 19.20 Mn |
| Sep 30, 2025 | 19.99 Mn |
| Jun 30, 2025 | 20.05 Mn |
| Mar 31, 2025 | 19.39 Mn |
| Dec 31, 2024 | 20.73 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Jun 30, 2024 | 21.62 Mn |
| Mar 31, 2024 | 20.61 Mn |
| Dec 31, 2023 | 19.40 Mn |
| Sep 30, 2023 | 18.24 Mn |
| Jun 30, 2023 | 16.74 Mn |
| Mar 31, 2023 | 13.27 Mn |
| Dec 31, 2022 | 9.25 Mn |
| Sep 30, 2022 | 4.93 Mn |
| Jun 30, 2022 | 2.49 Mn |
| Mar 31, 2022 | 1.93 Mn |
| Dec 31, 2021 | 1.93 Mn |
| Sep 30, 2021 | 2.05 Mn |
API Access
Meridian Interest Expenses 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-expenses&ticker=MRBK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MRBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();