Merchants Bancorp Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 2015
Net Income	311.33	244.56	193.74	206.23	166.06	68.11	Upgrade
Depreciation & Amortization	2.89	2.85	2.49	2.19	1.9	0.85	Upgrade
Other Operating Activities	-752.87	-638.49	753.57	-278.51	-1,057.32	-1,335.18	Upgrade
Operating Cash Flow	-438.64	-356.4	975.77	-49.22	-874.89	-1,257	Upgrade
Capital Expenditures	-8.79	-7.53	-6.76	-3.65	-3.62	-13.98	Upgrade
Acquisitions	-189.66	-18.76	-14.59	-11.66	-4.18	-1.37	Upgrade
Change in Investments	-2,637.92	-3,235.73	-2,845.9	-459.8	-2,524.41	-942.45	Upgrade
Other Investing Activities	1.45	1.94	4.4	0.84	-0.02	0.13	Upgrade
Investing Cash Flow	-2,834.92	-3,260.08	-2,862.85	-474.26	-2,532.23	-957.68	Upgrade
Dividends Paid	-48.95	-48.51	-38.07	-31.24	-23.67	-17.25	Upgrade
Share Issuance / Repurchase	0	0	-3.94	0	0	0	Upgrade
Debt Issued / Paid	601.42	33.13	-103.56	-314.3	1,167	-14.01	Upgrade
Other Financing Activities	2,860	3,990	1,226	1,722	1,937	2,416	Upgrade
Financing Cash Flow	3,413	3,975	1,081	1,376	3,080	2,385	Upgrade
Net Cash Flow	139.17	358.26	-806.45	852.89	-326.98	170.19	Upgrade
Free Cash Flow	-447.43	-363.93	969.01	-52.86	-878.51	-1,270.99	Upgrade
Free Cash Flow Margin	-77.46%	-69.65%	226.83%	-12.28%	-258.55%	-768.21%	Upgrade
Free Cash Flow Per Share	-10.33	-8.42	22.45	-1.22	-20.38	-29.52	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).