Merchants Financial Statements From 2010 to 2024

MBIN Stock  USD 47.04  0.05  0.11%   
Merchants Bancorp financial statements provide useful quarterly and yearly information to potential Merchants Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Merchants Bancorp financial statements helps investors assess Merchants Bancorp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Merchants Bancorp's valuation are summarized below:
Gross Profit
427.2 M
Profit Margin
0.539
Market Capitalization
B
Revenue
577.6 M
Earnings Share
6.37
We have found one hundred twenty available fundamental ratios for Merchants Bancorp, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Merchants Bancorp's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 9th of May 2024, Market Cap is likely to grow to about 1.9 B. Also, Enterprise Value is likely to grow to about 2.3 B

Merchants Bancorp Total Revenue

1.24 Billion

Check Merchants Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merchants main balance sheet or income statement drivers, such as Tax Provision of 47.1 M, Net Interest Income of 440.1 M or Interest Income of 994.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0188 or PTB Ratio of 1.41. Merchants financial statements analysis is a perfect complement when working with Merchants Bancorp Valuation or Volatility modules.
  
This module can also supplement Merchants Bancorp's financial leverage analysis and stock options assessment as well as various Merchants Bancorp Technical models . Check out the analysis of Merchants Bancorp Correlation against competitors.
To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.

Merchants Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets17.8 B17 B6.6 B
Slightly volatile
Short and Long Term Debt Total594.7 M975.4 M383.2 M
Slightly volatile
Total Current Liabilities12.4 B11.8 B1.8 B
Slightly volatile
Total Stockholder Equity1.8 B1.7 B630.1 M
Slightly volatile
Other Liabilities167.4 M159.4 M61.7 M
Slightly volatile
Net Tangible Assets1.1 B1.1 B440.9 M
Slightly volatile
Property Plant And Equipment Net55 M52.4 M18.8 M
Slightly volatile
Retained Earnings1.1 B1.1 B382 M
Slightly volatile
Accounts Payable12.2 B11.6 B3.9 B
Slightly volatile
Cash503.3 M584.4 M457 M
Pretty Stable
Non Current Assets Total17 B16.2 B2.7 B
Slightly volatile
Other Assets5.1 B5.4 B4.1 B
Slightly volatile
Long Term Debt575.1 M964.1 M361.2 M
Slightly volatile
Net Receivables95.9 M91.3 M24.2 M
Slightly volatile
Good Will12.7 M18.2 M8.1 M
Slightly volatile
Common Stock Total Equity117.8 M158.4 M82.2 M
Slightly volatile
Common Stock Shares Outstanding43.6 M43.3 M37.2 M
Slightly volatile
Short Term Investments1.2 B1.1 B404.6 M
Slightly volatile
Liabilities And Stockholders Equity17.8 B17 B6.6 B
Slightly volatile
Non Current Liabilities Total3.6 B3.4 B684.8 M
Slightly volatile
Other Current AssetsB789.7 M1.2 B
Pretty Stable
Total Liabilities16 B15.3 B5.4 B
Slightly volatile
Long Term InvestmentsB2.4 B1.3 B
Slightly volatile
Property Plant And Equipment Gross27.4 M53.6 M18.1 M
Slightly volatile
Preferred Stock Total Equity603.3 M574.5 M178.1 M
Slightly volatile
Total Current Assets750.2 M789.7 M2.1 B
Very volatile
Short Term Debt862.7 M821.6 M208.2 M
Slightly volatile
Intangible Assets102.7 M159.2 M81.4 M
Slightly volatile
Common Stock121.9 M140.4 M81.3 M
Slightly volatile
Property Plant Equipment21.3 M40.8 M15.8 M
Slightly volatile
Earning Assets2.2 B3.6 B2.2 B
Slightly volatile
Long Term Debt Total781.1 M1.1 B398.6 M
Slightly volatile
Net Invested Capital1.5 B2.2 B895.7 M
Slightly volatile
Non Current Liabilities Other93.1 M176.8 M62 M
Slightly volatile
Capital Stock485.9 M640 M303.3 M
Slightly volatile

Merchants Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision47.1 M64.4 M35.1 M
Slightly volatile
Net Interest Income440.1 M419.2 M151 M
Slightly volatile
Interest Income994.9 M947.5 M258.4 M
Slightly volatile
Depreciation And Amortization3.5 M3.3 M1.1 M
Slightly volatile
Interest Expense62.2 M52.5 M42.8 M
Slightly volatile
Selling General Administrative127.9 M121.8 M20.2 M
Slightly volatile
Selling And Marketing Expenses117.4 M111.8 M45.4 M
Slightly volatile
Total Revenue1.2 B1.2 B301.3 M
Slightly volatile
Gross Profit1.3 B1.2 B302.9 M
Slightly volatile
Other Operating Expenses874 M832.4 M157.7 M
Slightly volatile
Operating Income1.2 B1.1 B252.8 M
Slightly volatile
Net Income From Continuing Ops139.7 M258.9 M94.9 M
Slightly volatile
EBITDA3.1 M3.3 M120.2 M
Slightly volatile
Total Operating Expenses74.7 M57.2 M52.7 M
Slightly volatile
Income Before Tax189.8 M347.9 M131.9 M
Slightly volatile
Net Income Applicable To Common Shares233.9 M222.8 M93.5 M
Slightly volatile
Net Income142.1 M279.2 M96.5 M
Slightly volatile
Income Tax Expense47.6 M68.7 M35.4 M
Slightly volatile
Preferred Stock And Other Adjustments16.3 M29.9 M10.2 M
Slightly volatile
Reconciled Depreciation1.7 M2.8 M983.1 K
Slightly volatile

Merchants Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow214.9 M226.2 M341.8 M
Slightly volatile
Depreciation3.5 M3.3 M1.1 M
Slightly volatile
Dividends Paid50.9 M48.5 M17.3 M
Slightly volatile
Capital Expenditures7.2 M7.5 M4.9 M
Slightly volatile
Net Income142.1 M279.2 M96.5 M
Slightly volatile
Total Cash From Financing Activities4.2 BB1.3 B
Slightly volatile
End Period Cash Flow503.3 M584.4 M457 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.481.55943.8786
Slightly volatile
Dividend Yield0.01880.02640.0193
Slightly volatile
PTB Ratio1.411.08191.6571
Slightly volatile
Days Sales Outstanding24.3528.249128.1032
Slightly volatile
Book Value Per Share41.3239.35515.3688
Slightly volatile
Invested Capital0.610.56820.6255
Slightly volatile
Stock Based Compensation To Revenue0.00280.00340.0024
Slightly volatile
PB Ratio1.411.08191.6571
Slightly volatile
ROIC0.360.34160.1492
Slightly volatile
Inventory Turnover0.0010.00110.0012
Slightly volatile
Net Income Per Share6.786.46022.6056
Slightly volatile
Days Of Inventory On Hand244.1 K274.7 K299.1 K
Slightly volatile
Sales General And Administrative To Revenue0.110.10320.0349
Slightly volatile
Cash Per Share41.2539.286223.2656
Slightly volatile
Interest Coverage22.721.61715.8887
Slightly volatile
Payout Ratio0.130.17370.1571
Pretty Stable
ROE0.140.16420.1733
Slightly volatile
PE Ratio8.496.59129.357
Slightly volatile
Return On Tangible Assets0.01280.01660.0147
Slightly volatile
Earnings Yield0.110.15170.1206
Slightly volatile
Intangibles To Total Assets0.01850.01030.0196
Slightly volatile
Current Ratio0.06350.066972.4082
Very volatile
Tangible Book Value Per Share28.0635.305423.8868
Slightly volatile
Receivables Turnover14.212.920813.6259
Slightly volatile
Graham Number79.4175.633329.9335
Slightly volatile
Shareholders Equity Per Share41.3239.35515.3688
Slightly volatile
Debt To Equity0.610.56820.6255
Slightly volatile
Revenue Per Share28.6727.30577.3002
Slightly volatile
Interest Debt Per Share13.7723.576812.0015
Slightly volatile
Debt To Assets0.05690.0570.0549
Slightly volatile
Price Earnings Ratio8.496.59129.357
Slightly volatile
Operating Cycle244.2 K274.7 K299.1 K
Slightly volatile
Price Book Value Ratio1.411.08191.6571
Slightly volatile
Dividend Payout Ratio0.130.17370.1571
Pretty Stable
Pretax Profit Margin0.280.29480.6294
Slightly volatile
Ebt Per Ebit0.290.30650.8899
Slightly volatile
Operating Profit Margin0.580.96190.7054
Very volatile
Effective Tax Rate0.310.19740.3225
Slightly volatile
Company Equity Multiplier11.859.965712.3589
Slightly volatile
Long Term Debt To Capitalization0.07460.07850.2347
Pretty Stable
Total Debt To Capitalization0.290.36230.3312
Slightly volatile
Return On Capital Employed0.230.22070.0497
Slightly volatile
Debt Equity Ratio0.610.56820.6255
Slightly volatile
Ebit Per Revenue0.580.96190.7054
Very volatile
Quick Ratio0.140.151525.7263
Pretty Stable
Net Income Per E B T0.580.80260.6701
Slightly volatile
Cash Ratio0.0470.049515.2371
Pretty Stable
Cash Conversion Cycle244.2 K274.7 K299.1 K
Slightly volatile
Days Of Inventory Outstanding244.1 K274.7 K299.1 K
Slightly volatile
Days Of Sales Outstanding24.3528.249128.1032
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.80.95740.9811
Slightly volatile
Price To Book Ratio1.411.08191.6571
Slightly volatile
Fixed Asset Turnover15.7922.523215.3799
Pretty Stable
Debt Ratio0.05690.0570.0549
Slightly volatile
Price Sales Ratio1.481.55943.8786
Slightly volatile
Return On Assets0.01260.01650.0145
Slightly volatile
Asset Turnover0.07310.06960.0369
Slightly volatile
Net Profit Margin0.220.23660.424
Pretty Stable
Gross Profit Margin0.810.910.9903
Slightly volatile
Price Fair Value1.411.08191.6571
Slightly volatile
Return On Equity0.140.16420.1733
Slightly volatile

Merchants Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.9 B1.8 B736 M
Slightly volatile

Merchants Fundamental Market Drivers

Cash And Short Term Investments-15.6 M

Merchants Upcoming Events

29th of January 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Merchants Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Merchants Bancorp income statement, its balance sheet, and the statement of cash flows. Merchants Bancorp investors use historical funamental indicators, such as Merchants Bancorp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Merchants Bancorp investors may use each financial statement separately, they are all related. The changes in Merchants Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Merchants Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Merchants Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Merchants Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-1.2 B-1.2 B
Total Revenue1.2 B1.2 B
Cost Of Revenue-11 M-10.4 M
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.10  0.11 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 27.31  28.67 
Ebit Per Revenue 0.96  0.58 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Merchants Bancorp is a strong investment it is important to analyze Merchants Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Merchants Bancorp's future performance. For an informed investment choice regarding Merchants Stock, refer to the following important reports:
Check out the analysis of Merchants Bancorp Correlation against competitors.
To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Merchants Stock analysis

When running Merchants Bancorp's price analysis, check to measure Merchants Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merchants Bancorp is operating at the current time. Most of Merchants Bancorp's value examination focuses on studying past and present price action to predict the probability of Merchants Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merchants Bancorp's price. Additionally, you may evaluate how the addition of Merchants Bancorp to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Is Merchants Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merchants Bancorp. If investors know Merchants will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merchants Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.682
Dividend Share
0.33
Earnings Share
6.37
Revenue Per Share
13.354
Quarterly Revenue Growth
0.51
The market value of Merchants Bancorp is measured differently than its book value, which is the value of Merchants that is recorded on the company's balance sheet. Investors also form their own opinion of Merchants Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Merchants Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merchants Bancorp's market value can be influenced by many factors that don't directly affect Merchants Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merchants Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merchants Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merchants Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.