Merchants Bancorp Quarterly Interest Expense in USD from Q1 2016 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Merchants Bancorp quarterly/annual Interest Expense history and growth rate from Q1 2016 to Q1 2024.
  • Merchants Bancorp Interest Expense for the quarter ending March 31, 2024 was $187M, a 69.2% increase year-over-year.
  • Merchants Bancorp Interest Expense for the twelve months ending March 31, 2024 was $706M, a 169% increase year-over-year.
  • Merchants Bancorp annual Interest Expense for 2023 was $630M, a 288% increase from 2022.
  • Merchants Bancorp annual Interest Expense for 2022 was $162M, a 379% increase from 2021.
  • Merchants Bancorp annual Interest Expense for 2021 was $33.9M, a 42.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $706M $187M +$76.5M +69.2% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-10
Q4 2023 $630M $187M +$101M +118% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-12
Q3 2023 $528M $179M +$131M +268% Jul 1, 2023 Sep 30, 2023 10-K 2024-03-12
Q2 2023 $398M $152M +$135M +784% Apr 1, 2023 Jun 30, 2023 10-K 2024-03-12
Q1 2023 $263M $111M +$100M +975% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-10
Q4 2022 $162M $86M +$76.2M +774% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-12
Q3 2022 $86.1M $48.7M +$40.3M +478% Jul 1, 2022 Sep 30, 2022 10-K 2024-03-12
Q2 2022 $45.8M $17.2M +$9.21M +115% Apr 1, 2022 Jun 30, 2022 10-K 2024-03-12
Q1 2022 $36.6M $10.3M +$2.7M +35.6% Jan 1, 2022 Mar 31, 2022 10-K 2024-03-12
Q4 2021 $33.9M $9.84M +$1.17M +13.5% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-16
Q3 2021 $32.7M $8.43M -$2.5M -22.9% Jul 1, 2021 Sep 30, 2021 10-K 2023-03-16
Q2 2021 $35.2M $8.03M -$8.94M -52.7% Apr 1, 2021 Jun 30, 2021 10-K 2023-03-16
Q1 2021 $44.2M $7.59M -$14.5M -65.6% Jan 1, 2021 Mar 31, 2021 10-K 2023-03-16
Q4 2020 $58.6M $8.67M -$17.5M -66.9% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-04
Q3 2020 $76.1M $10.9M -$16.2M -59.7% Jul 1, 2020 Sep 30, 2020 10-K 2022-03-04
Q2 2020 $92.3M $17M -$3.87M -18.6% Apr 1, 2020 Jun 30, 2020 10-K 2022-03-04
Q1 2020 $96.2M $22.1M +$6.52M +42% Jan 1, 2020 Mar 31, 2020 10-K 2022-03-04
Q4 2019 $89.7M $26.2M +$10.5M +67.3% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-05
Q3 2019 $79.2M $27.1M +$13M +92.5% Jul 1, 2019 Sep 30, 2019 10-K 2021-03-05
Q2 2019 $66.1M $20.8M +$8.92M +74.9% Apr 1, 2019 Jun 30, 2019 10-K 2021-03-05
Q1 2019 $57.2M $15.5M +$6.61M +74.1% Jan 1, 2019 Mar 31, 2019 10-K 2021-03-05
Q4 2018 $50.6M $15.7M +$7.69M +96.7% Oct 1, 2018 Dec 31, 2018 10-K 2020-03-16
Q3 2018 $42.9M $14.1M +$6.48M +85.1% Jul 1, 2018 Sep 30, 2018 10-K 2020-03-16
Q2 2018 $36.4M $11.9M +$5.18M +76.8% Apr 1, 2018 Jun 30, 2018 10-K 2020-03-16
Q1 2018 $31.2M $8.93M +$3.45M +63.1% Jan 1, 2018 Mar 31, 2018 10-K 2020-03-16
Q4 2017 $27.8M $7.96M +$2.45M +44.5% Oct 1, 2017 Dec 31, 2017 10-K 2019-03-15
Q3 2017 $25.3M $7.62M +$2.76M +56.8% Jul 1, 2017 Sep 30, 2017 10-K 2019-03-15
Q2 2017 $22.6M $6.74M +$2.38M +54.6% Apr 1, 2017 Jun 30, 2017 10-K 2019-03-15
Q1 2017 $20.2M $5.48M +$1.23M +29.1% Jan 1, 2017 Mar 31, 2017 10-K 2019-03-15
Q4 2016 $19M $5.51M Oct 1, 2016 Dec 31, 2016 10-K 2018-03-28
Q3 2016 $4.86M Jul 1, 2016 Sep 30, 2016 10-K 2018-03-28
Q2 2016 $4.36M Apr 1, 2016 Jun 30, 2016 10-K 2018-03-28
Q1 2016 $4.24M Jan 1, 2016 Mar 31, 2016 10-K 2018-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.