Meridian (MRBK) Interest Expenses (2017 - 2026)
Meridian (MRBK) reported Interest Expenses of $17.5 million for Q1 2026, down 9.71% year-over-year from $19.4 million in Q1 2025, and down 8.8% quarter-over-quarter from $19.2 million in Q4 2025.
Meridian (MRBK) Interest Expenses (2017 - 2026) Analysis & Trends
Meridian (MRBK) has 10 years of Interest Expenses data on file, last reported at $17.5 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $17.5 million, down 9.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $76.8 million (down 8.43% YoY), and the FY2025 annual result was $78.6 million, down 7.52% from the prior year.
- Interest Expenses declined to $17.5 million in Q1 2026 per MRBK's latest filing, from $19.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $22.1 million in Q3 2024 and troughed at $1.9 million in Q1 2022.
- A 5-year average of $15.7 million and a median of $19.2 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses decreased 17.25% in 2022, then surged 587.92% in 2023.
- A 5-year view of Interest Expenses shows it stood at $9.2 million in 2022, then jumped by 109.89% to $19.4 million in 2023, then advanced by 6.83% to $20.7 million in 2024, then slipped by 7.38% to $19.2 million in 2025, then dropped by 8.8% to $17.5 million in 2026.
- Business Quant data shows MRBK's Interest Expenses at $17.5 million in Q1 2026, $19.2 million in Q4 2025, and $20.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 3.51 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 5.23 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 38.44 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Meridian | 235.98 Mn | 205.58 Mn | - | 17.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.51 Mn |
| Mar 31, 2026 | 17.51 Mn |
| Dec 31, 2025 | 19.20 Mn |
| Dec 31, 2025 | 19.20 Mn |
| Sep 30, 2025 | 19.99 Mn |
| Sep 30, 2025 | 19.99 Mn |
| Jun 30, 2025 | 20.05 Mn |
| Jun 30, 2025 | 20.05 Mn |
| Mar 31, 2025 | 19.39 Mn |
| Mar 31, 2025 | 19.39 Mn |
| Dec 31, 2024 | 20.73 Mn |
| Dec 31, 2024 | 20.73 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Sep 30, 2024 | 22.08 Mn |
| Jun 30, 2024 | 21.62 Mn |
| Jun 30, 2024 | 21.62 Mn |
| Mar 31, 2024 | 20.61 Mn |
| Mar 31, 2024 | 20.61 Mn |
| Dec 31, 2023 | 19.40 Mn |
| Dec 31, 2023 | 19.40 Mn |