Merchants Financial Group, Inc. (MFGI)
OTCMKTS
· Delayed Price · Currency is USD
24.00
+0.75 (3.23%)
Apr 23, 2025, 12:24 PM EDT
Merchants Financial Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 118.2 | 101.88 | 80.22 | 81.13 | 85.54 | Upgrade
|
| Interest Income on Investments | 12.5 | 12.62 | 14.05 | 4.52 | 4.79 | Upgrade
|
| Total Interest Income | 130.71 | 114.5 | 94.27 | 85.65 | 90.33 | Upgrade
|
| Interest Paid on Deposits | 45.83 | 27.78 | 6.1 | 6.66 | 11.1 | Upgrade
|
| Interest Paid on Borrowings | 4.18 | 3.66 | 2.22 | 1.65 | 2.01 | Upgrade
|
| Total Interest Expense | 50.01 | 31.44 | 8.32 | 8.31 | 13.11 | Upgrade
|
| Net Interest Income | 80.7 | 83.06 | 85.95 | 77.34 | 77.23 | Upgrade
|
| Net Interest Income Growth (YoY) | -2.85% | -3.36% | 11.13% | 0.15% | 10.27% | Upgrade
|
| Trust Income | 3.15 | 2.75 | 2.37 | 2.25 | 1.81 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | -0.02 | -0.57 | -0.04 | Upgrade
|
| Gain (Loss) on Sale of Investments | -1.18 | -0.13 | - | - | - | Upgrade
|
| Other Non-Interest Income | 26.78 | 24.56 | 22.39 | 21.41 | 19.22 | Upgrade
|
| Total Non-Interest Income | 31.73 | 29.3 | 27.97 | 40.36 | 44.25 | Upgrade
|
| Non-Interest Income Growth (YoY) | 8.29% | 4.75% | -30.70% | -8.79% | 70.09% | Upgrade
|
| Revenues Before Loan Losses | 112.43 | 112.36 | 113.92 | 117.7 | 121.48 | Upgrade
|
| Provision for Loan Losses | 10.1 | 1.38 | -2.28 | -2.21 | 13.36 | Upgrade
|
| Revenue | 102.33 | 110.98 | 116.2 | 119.91 | 108.11 | Upgrade
|
| Revenue Growth (YoY) | -7.80% | -4.49% | -3.10% | 10.91% | 15.27% | Upgrade
|
| Salaries and Employee Benefits | 38.8 | 40.05 | 39.8 | 41.68 | 41.1 | Upgrade
|
| Occupancy Expenses | 5.09 | 4.92 | - | - | - | Upgrade
|
| Amortization of Goodwill & Intangibles | 2.66 | 3.05 | 3.38 | 5.58 | 7.99 | Upgrade
|
| Selling, General & Administrative | 15.88 | 15.21 | 19.36 | 19.83 | 15.89 | Upgrade
|
| Other Non-Interest Expense | 15.48 | 13.78 | 12.66 | 13.66 | 13.95 | Upgrade
|
| Total Non-Interest Expense | 77.91 | 77.01 | 75.2 | 80.75 | 78.92 | Upgrade
|
| EBT Excluding Unusual Items | 24.41 | 33.97 | 40.99 | 39.17 | 29.19 | Upgrade
|
| Pretax Income | 24.41 | 33.97 | 40.99 | 39.17 | 29.19 | Upgrade
|
| Income Tax Expense | 5.87 | 8.47 | 10.57 | 10.39 | 7.68 | Upgrade
|
| Net Income | 18.54 | 25.5 | 30.42 | 28.78 | 21.51 | Upgrade
|
| Net Income to Common | 18.54 | 25.5 | 30.42 | 28.78 | 21.51 | Upgrade
|
| Net Income Growth | -27.30% | -16.18% | 5.72% | 33.78% | 8.82% | Upgrade
|
| Basic Shares Outstanding | 8 | 8 | 8 | 8 | 8 | Upgrade
|
| Diluted Shares Outstanding | 8 | 8 | 8 | 8 | 8 | Upgrade
|
| Shares Change (YoY) | 0.24% | 0.16% | 0.00% | -1.07% | -0.28% | Upgrade
|
| EPS (Basic) | 2.34 | 3.23 | 3.85 | 3.65 | 2.70 | Upgrade
|
| EPS (Diluted) | 2.34 | 3.23 | 3.85 | 3.65 | 2.70 | Upgrade
|
| EPS Growth | -27.47% | -16.31% | 5.72% | 35.22% | 9.13% | Upgrade
|
| Dividend Per Share | 0.720 | 0.700 | 0.630 | 0.550 | 0.500 | Upgrade
|
| Dividend Growth | 2.86% | 11.11% | 14.54% | 10.00% | 3.45% | Upgrade
|
| Effective Tax Rate | 24.06% | 24.93% | 25.78% | 26.53% | 26.31% | Upgrade
|
Source: S&P Global Market Intelligence. Banks template. Financial Sources.