Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
36.03
-7.86 (-17.91%)
At close: Oct 29, 2024, 4:00 PM
36.40
+0.37 (1.03%)
After-hours: Oct 29, 2024, 6:21 PM EDT
Merchants Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2015 |
---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2015 |
Interest Income on Loans | 1,136 | 972.37 | 460.38 | 306.58 | 275.04 | 193.12 | Upgrade
|
Interest Income on Investments | 157.36 | 105.43 | 20.45 | 5.31 | 7.75 | 18.88 | Upgrade
|
Total Interest Income | 1,293 | 1,078 | 480.83 | 311.89 | 282.79 | 212 | Upgrade
|
Interest Paid on Deposits | 688.41 | 577.21 | 149.65 | 28.26 | 52.24 | 84.66 | Upgrade
|
Interest Paid on Borrowings | 92.4 | 52.52 | 12.64 | 5.64 | 6.41 | 5.04 | Upgrade
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Total Interest Expense | 780.81 | 629.73 | 162.28 | 33.89 | 58.64 | 89.7 | Upgrade
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Net Interest Income | 512.32 | 448.07 | 318.55 | 277.99 | 224.15 | 122.3 | Upgrade
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Net Interest Income Growth (YoY) | 22.23% | 40.66% | 14.59% | 24.02% | 83.28% | 35.93% | Upgrade
|
Mortgage Banking Activities | 6.08 | 7.7 | 5.39 | 12.4 | 20.98 | 7.15 | Upgrade
|
Gain (Loss) on Sale of Investments | -0.11 | - | - | 0.19 | 0.44 | 0.48 | Upgrade
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Other Non-Interest Income | 60.86 | 58.78 | 56.39 | 33.56 | 9.47 | 4.06 | Upgrade
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Total Non-Interest Income | 123.42 | 114.67 | 125.94 | 157.33 | 127.47 | 47.09 | Upgrade
|
Non-Interest Income Growth (YoY) | 19.60% | -8.95% | -19.96% | 23.42% | 170.71% | -5.03% | Upgrade
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Revenues Before Loan Losses | 635.74 | 562.74 | 444.49 | 435.33 | 351.62 | 169.39 | Upgrade
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Provision for Loan Losses | 28.34 | 40.23 | 17.3 | 5.01 | 11.84 | 3.94 | Upgrade
|
Revenue | 607.41 | 522.51 | 427.19 | 430.32 | 339.78 | 165.45 | Upgrade
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Revenue Growth (YoY) | 25.90% | 22.31% | -0.73% | 26.64% | 105.37% | 22.62% | Upgrade
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Salaries and Employee Benefits | 122.42 | 104.16 | 86.03 | 83.75 | 58.01 | 37.56 | Upgrade
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Occupancy Expenses | 6.61 | 6.78 | 6.14 | 7.37 | 4.53 | 2.81 | Upgrade
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Federal Deposit Insurance | 23.72 | 13.58 | 3.46 | 2.69 | 5.8 | 2.75 | Upgrade
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Selling, General & Administrative | 29.25 | 25.68 | 19.44 | 11.61 | 9.11 | 7.28 | Upgrade
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Other Non-Interest Expense | 31.2 | 24.4 | 20.99 | 19.98 | 18.97 | 12.92 | Upgrade
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Total Non-Interest Expense | 213.19 | 174.6 | 136.05 | 125.39 | 96.42 | 63.31 | Upgrade
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EBT Excluding Unusual Items | 394.22 | 347.91 | 291.14 | 304.93 | 243.36 | 102.13 | Upgrade
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Pretax Income | 394.22 | 347.91 | 291.14 | 304.93 | 243.36 | 102.13 | Upgrade
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Income Tax Expense | 92.02 | 68.67 | 71.42 | 77.83 | 62.82 | 24.81 | Upgrade
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Net Income | 302.19 | 279.23 | 219.72 | 227.1 | 180.53 | 77.33 | Upgrade
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Preferred Dividends & Other Adjustments | 34.67 | 34.67 | 25.98 | 20.87 | 14.47 | 9.22 | Upgrade
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Net Income to Common | 267.52 | 244.56 | 193.74 | 206.23 | 166.06 | 68.11 | Upgrade
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Net Income Growth | 16.71% | 27.09% | -3.25% | 25.80% | 133.46% | 22.99% | Upgrade
|
Basic Shares Outstanding | 44 | 43 | 43 | 43 | 43 | 43 | Upgrade
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Diluted Shares Outstanding | 44 | 43 | 43 | 43 | 43 | 43 | Upgrade
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Shares Change (YoY) | 2.48% | 0.07% | -0.02% | 0.37% | 0.11% | 0.07% | Upgrade
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EPS (Basic) | 6.05 | 5.66 | 4.49 | 4.78 | 3.85 | 1.58 | Upgrade
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EPS (Diluted) | 6.03 | 5.64 | 4.47 | 4.76 | 3.85 | 1.58 | Upgrade
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EPS Growth | 16.58% | 26.17% | -6.09% | 23.64% | 143.67% | 14.49% | Upgrade
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Dividend Per Share | 0.350 | 0.320 | 0.280 | 0.240 | 0.210 | 0.190 | Upgrade
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Dividend Growth | 12.90% | 14.29% | 16.67% | 14.29% | 10.53% | 18.75% | Upgrade
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Effective Tax Rate | 23.34% | 19.74% | 24.53% | 25.52% | 25.82% | 24.29% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.