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Merchants Bancorp MBIN Total Interest Expense

Total Interest Expense at other companies

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JPMorgan ChaseJPM
$4.47B-0.4%
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$15.75M-9.0%
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$40.69M+28.4%
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$1.57M+0.1%
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$2.13M-42.3%
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FB Bancorp, Inc.FBLA

Other financials

Income statement

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Revenue$182.2M+1.7%
Net income$78.3M+106%
EPS (diluted)$1.48+147%

Balance sheet

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Cash & equivalents$314.7M-51.4%
Total debt$4.3B+7.0%
Total equity$2.4B+9.6%
Total assets$21.2B+10.9%

Cash flow

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Operating cash flow-$597.3M-503%
CapEx$2.4M-45.8%
Free cash flow-$598.5M-524%

Valuation

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Market cap$2.49B+75.8%
Enterprise value$6.48B+35.2%
P/E9.3×+3.7×
P/S3.5×+1.4×

Profitability

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Net margin37.6%-0.2pp
FCF margin-155%-376pp

Returns & leverage

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Return on equity11.7%-0.7pp
Debt / equity1.8×0.0×

Where this comes from

Reported directly by Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseLongTermDebt.

The source filing: Merchants Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092702
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Interest Expense
Deposits116,839131,375226,688255,316
Short-term borrowings37,60836,98166,54570,345
Long-term borrowings3,0897,3246,16615,027
Total interest expense157,536175,680299,399340,688
Net Interest Income136,536128,719265,184250,915
Provision for credit losses9,18453,02724,48360,754
Net Interest Income After Provision for Credit Losses127,35275,692240,701190,161

Item 1. Interim Financial Statements (Unaudited)

FAQ

What is Merchants Bancorp's total interest expense?
Merchants Bancorp (MBIN) reported total interest expense of $3.09M in Q2 2026.
How has Merchants Bancorp's total interest expense changed year-over-year?
Merchants Bancorp's total interest expense decreased by 57.8% year-over-year, from $7.32M to $3.09M.
What is the long-term trend for Merchants Bancorp's total interest expense?
Over 2 years (2021 to 2025), Merchants Bancorp's total interest expense has grown at a 6.2% compound annual growth rate (CAGR), from $28.26M to $31.89M.
What does total interest expense mean?
The aggregate cost incurred by the bank for interest-bearing liabilities, including customer deposits, wholesale borrowings, and long-term debt. This metric represents the primary cost of funding the bank's asset base.

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