Meridian (MRBK) Non Operating Interest Expenses (2017 - 2024)

Meridian (MRBK) has reported Non Operating Interest Expenses for 8 consecutive years, with $20.6 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Non Operating Interest Expenses rose 55.28% year-over-year to $20.6 million in Q1 2024; TTM through Mar 2024 was $75.0 million, a 150.5% increase from a year earlier, with the FY2023 full-year figure at $67.6 million, up 263.83% from the prior year.
• Non Operating Interest Expenses was $20.6 million for Q1 2024 at Meridian, up from $19.4 million in the prior quarter.
• Over five years, Non Operating Interest Expenses peaked at $20.6 million in Q1 2024 and troughed at $1.9 million in Q4 2021.
• A 5-year average of $7.6 million and a median of $3.5 million in 2020 frame the typical range for Non Operating Interest Expenses.
• Across the five-year window, Non Operating Interest Expenses plunged 43.53% in 2021 and jumped 587.92% in 2023, its largest moves.
• Over 5 years, Non Operating Interest Expenses stood at $2.9 million in 2020, then sank by 33.79% to $1.9 million in 2021, then surged by 380.01% to $9.2 million in 2022, then soared by 109.89% to $19.4 million in 2023, then rose by 6.19% to $20.6 million in 2024.
• The last three Non Operating Interest Expenses figures came in at $20.6 million (Q1 2024), $19.4 million (Q4 2023), and $18.2 million (Q3 2023), per Business Quant data.