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Financial Services - Banks - Regional - NASDAQ - US
$ 22.69
-0.0441 %
$ 1.85 B
Market Cap
5.12
P/E
INCOME STATEMENT
523 M REVENUE
22.31%
348 M OPERATING INCOME
18.09%
279 M NET INCOME
27.09%
EFFICIENCY
Earnings Waterfall Merchants Bancorp
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Revenue 523 M
Cost Of Revenue 0
Gross Profit 523 M
Operating Expenses 559 M
Operating Income 348 M
Other Expenses 68.7 M
Net Income 279 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015
REVENUE
Revenue 522.5 427.2 430.3 339.8 165.4 134.9 111.8 81.5 68.1
GROSS PROFIT
Cost Of Revenue 0 0 0 0 0 0 0 0 0
Gross Profit 522.5 427.2 430.3 339.8 165.4 134.9 111.8 81.5 68.1
OPERATING INCOME
Operating Expenses 559.3 136.1 125.4 96.4 63.3 50.9 34.6 26.7 20.9
Selling, General and Administrative Expenses 136.6 111.6 102.7 71.7 47.7 39.2 25.8 17.9 14.6
Research and Development Expenses 0 0 0 0 0 0 0 0 0
Operating Income 347.9 294.6 307.6 249.2 104.9 85.1 78.1 55.9 48.3
PRE-TAX INCOME
Interest Income Expense 629.7 162.3 33.9 58.6 89.7 50.6 27.8 19.0 14.3
Total Other Income 0 (24.4) (22.7) (24.8) (15.7) (11.7) (8.9) (8.8) (6.3)
Pre-Tax Income 347.9 291.1 304.9 243.4 102.1 84.0 77.2 54.8 47.2
NET INCOME
Tax Provision 68.7 71.4 77.8 62.8 24.8 21.2 22.5 21.7 18.8
Net Income 279.2 219.7 227.1 180.5 77.3 62.9 54.7 33.1 28.4
EPS 5.66 4.49 4.78 3.85 1.58 1.46 1.52 0.98 0.9