Financial Services - Banks - Regional - NASDAQ - US
$ 25.36
0.0789 %
$ 1.87 B
Market Cap
5.72
P/E
INCOME STATEMENT
523 M
REVENUE
386 M
OPERATING INCOME
279 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Merchants Bancorp
| Revenue | 523 M |
| Cost Of Revenue | 0 |
| Gross Profit | 523 M |
| Operating Expenses | 559 M |
| Operating Income | 386 M |
| Other Expenses | 107 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 | 121.8 | 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 | 385.9 | 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 | (38.0) | (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 |