Merchants Bancorp Annual Interest Expense in USD from 2015 to 2023

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 2015 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $630M +$467M +288% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $162M +$128M +379% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
2021 $33.9M -$24.8M -42.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-12
2020 $58.6M -$31.1M -34.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-16
2019 $89.7M +$39.1M +77.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $50.6M +$22.8M +82.1% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
2017 $27.8M +$8.82M +46.5% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-16
2016 $19M +$4.68M +32.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-15
2015 $14.3M Jan 1, 2015 Dec 31, 2015 10-K 2018-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.