See more : OBIC Co.,Ltd. (4684.T) Income Statement Analysis – Financial Results
Complete financial analysis of Merchants Bancorp (MBINM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Merchants Bancorp, a leading company in the Banks – Regional industry within the Financial Services sector.
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Merchants Bancorp (MBINM)
About Merchants Bancorp
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 522.51M | 427.19M | 430.32M | 339.78M | 165.45M | 134.93M | 111.81M | 81.52M | 68.10M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 522.51M | 427.19M | 430.32M | 339.78M | 165.45M | 134.93M | 111.81M | 81.52M | 68.10M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 121.76M | 14.35M | 9.63M | 6.73M | 4.95M | 4.13M | 2.69M | 2.28M | 1.38M |
| Selling & Marketing | 0.00 | 97.25M | 93.09M | 64.93M | 42.70M | 35.03M | 23.07M | 15.66M | 13.21M |
| SG&A | 121.76M | 111.60M | 102.72M | 71.66M | 47.65M | 39.16M | 25.76M | 17.94M | 14.59M |
| Other Expenses | 0.00 | -38.80M | -32.29M | -31.49M | -20.61M | -15.87M | -11.57M | -11.06M | 0.00 |
| Operating Expenses | 136.62M | 136.05M | 125.38M | 96.42M | 63.31M | 50.90M | 34.64M | 26.72M | 20.92M |
| Cost & Expenses | 136.62M | 136.05M | 125.38M | 96.42M | 63.31M | 50.90M | 34.64M | 26.72M | 20.92M |
| Interest Income | 1.08B | 480.83M | 311.89M | 282.79M | 212.00M | 140.56M | 94.39M | 72.94M | 56.35M |
| Interest Expense | 629.73M | 162.28M | 33.89M | 58.64M | 89.70M | 50.59M | 27.79M | 18.97M | 14.29M |
| Depreciation & Amortization | 0.00 | 3.01M | 2.77M | 2.52M | 2.16M | 848.00K | 378.00K | 278.00K | 301.00K |
| EBITDA | 0.00 | 293.63M | 307.12M | 245.25M | 102.99M | 84.49M | 77.46M | 55.07M | 54.52M |
| EBITDA Ratio | 0.00% | 106.72% | 71.37% | 72.18% | 62.25% | 100.11% | 94.13% | 90.83% | 90.70% |
| Operating Income | 347.91M | 294.61M | 307.62M | 249.16M | 104.88M | 85.05M | 78.09M | 55.94M | 48.26M |
| Operating Income Ratio | 66.58% | 68.96% | 71.49% | 73.33% | 63.39% | 63.03% | 69.85% | 68.63% | 70.86% |
| Total Other Income/Expenses | 0.00 | -24.45M | -22.67M | -24.77M | -15.66M | -11.74M | -8.88M | -8.78M | -6.34M |
| Income Before Tax | 347.91M | 291.14M | 304.93M | 243.36M | 102.13M | 84.03M | 77.16M | 54.80M | 47.18M |
| Income Before Tax Ratio | 66.58% | 68.15% | 70.86% | 71.62% | 61.73% | 62.28% | 69.01% | 67.22% | 69.28% |
| Income Tax Expense | 68.67M | 71.42M | 77.83M | 62.82M | 24.81M | 21.15M | 22.48M | 21.67M | 18.80M |
| Net Income | 279.23M | 219.72M | 227.10M | 180.53M | 77.33M | 62.87M | 54.68M | 33.13M | 28.38M |
| Net Income Ratio | 53.44% | 51.43% | 52.78% | 53.13% | 46.74% | 46.60% | 48.91% | 40.64% | 41.68% |
| EPS | 5.66 | 4.49 | 4.78 | 3.85 | 1.58 | 1.46 | 1.52 | 0.98 | 0.90 |
| EPS Diluted | 5.64 | 4.47 | 4.76 | 3.85 | 1.58 | 1.46 | 1.52 | 0.98 | 0.90 |
| Weighted Avg Shares Out | 43.22M | 43.16M | 43.17M | 43.11M | 43.06M | 43.04M | 33.83M | 31.67M | 31.61M |
| Weighted Avg Shares Out (Dil) | 43.35M | 43.32M | 43.33M | 43.17M | 43.12M | 43.09M | 33.85M | 31.76M | 31.61M |
Source: https://incomestatements.info
Category: Stock Reports