Merchants Financial Statements From 2010 to 2024

MBINM Stock  USD 26.25  0.21  0.81%   
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
Quarterly Earnings Growth
(0.30)
Profit Margin
0.4975
Revenue
607.4 M
Quarterly Revenue Growth
(0.05)
There are over one hundred nineteen available fundamental ratios for Merchants Bancorp, which can be analyzed over time and compared to other ratios. 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 23rd of November 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

278.86 Million

Check Merchants Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merchants Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 661.2 M or Selling General Administrative of 20.2 M, as well as many indicators such as Price To Sales Ratio of 3.99, 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.
  
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 Total593.4 M964.1 M382.4 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
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 Total2.8 B2.7 B816.7 M
Slightly volatile
Other Assets14.4 B13.7 B4.4 B
Slightly volatile
Cash And Short Term Investments571.4 M584.4 M700.4 M
Pretty Stable
Net Receivables86.8 M91.3 M518.7 M
Slightly volatile
Good Will12.7 M18.2 M8.1 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 Total16 B15.3 B2.3 B
Slightly volatile
Other Current AssetsB789.7 M1.2 B
Pretty Stable
Total Liabilities16 B15.3 B5.4 B
Slightly volatile
Total Current Assets555.2 M584.4 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
Other Liabilities88.6 M159.4 M62.8 M
Slightly volatile
Net Tangible Assets677.3 M1.1 B514 M
Slightly volatile
Long Term Debt741 M964.1 M405.4 M
Slightly volatile
Net Invested Capital1.6 B2.2 B997.4 M
Slightly volatile
Long Term Investments2.5 B2.4 B871.6 M
Slightly volatile
Capital Stock485.9 M640 M303.3 M
Slightly volatile
Property Plant Equipment33.4 M53.4 M24 M
Slightly volatile
Property Plant And Equipment Gross44.7 M53.6 M35.9 M
Slightly volatile

Merchants Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 M2.9 M1.1 M
Slightly volatile
Interest Expense661.2 M629.7 M121.2 M
Slightly volatile
Selling General Administrative20.2 M19.2 M6.2 M
Slightly volatile
Selling And Marketing Expenses61.4 M117.4 M42 M
Slightly volatile
Total Revenue278.9 M522.5 M193.4 M
Slightly volatile
Gross Profit278.9 M522.5 M193.4 M
Slightly volatile
Other Operating Expenses874 M832.4 M157.7 M
Slightly volatile
Operating Income192.1 M347.9 M133.7 M
Slightly volatile
EBIT203.2 M347.9 M144.9 M
Slightly volatile
EBITDA204.8 M350.8 M146 M
Slightly volatile
Total Operating Expenses587.3 M559.3 M120.4 M
Slightly volatile
Income Before Tax189.8 M347.9 M131.9 M
Slightly volatile
Net Income142.1 M279.2 M96.5 M
Slightly volatile
Income Tax Expense47.6 M68.7 M35.4 M
Slightly volatile
Tax Provision59.1 M64.4 M36.7 M
Slightly volatile
Net Interest Income266.2 M419.2 M162.5 M
Slightly volatile
Interest Income994.9 M947.5 M299.7 M
Slightly volatile
Net Income From Continuing Ops188.2 M258.9 M114.5 M
Slightly volatile
Reconciled DepreciationM2.8 M1.1 M
Slightly volatile
Net Income Applicable To Common Shares152.6 M222.8 M103 M
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
DepreciationM2.9 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 Ratio3.993.52244.1768
Slightly volatile
Dividend Yield0.01880.02640.0193
Slightly volatile
PTB Ratio1.411.08191.6571
Slightly volatile
Days Sales OutstandingK5.8 K2.5 K
Slightly volatile
Book Value Per Share30.1339.35526.1676
Slightly volatile
Stock Based Compensation To Revenue0.00680.00640.0028
Slightly volatile
Capex To Depreciation2.512.63967.1551
Very volatile
PB Ratio1.411.08191.6571
Slightly volatile
ROIC0.140.15130.1338
Slightly volatile
Net Income Per Share6.786.46022.6056
Slightly volatile
Sales General And Administrative To Revenue0.02180.03680.0245
Slightly volatile
Capex To Revenue0.01370.01440.0297
Very volatile
Cash Per Share41.2539.286223.2656
Slightly volatile
Interest Coverage0.520.55253.0057
Pretty Stable
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 Ratio247235104
Slightly volatile
Tangible Book Value Per Share28.0635.305423.8868
Slightly volatile
Receivables Turnover0.06240.06578.5039
Slightly volatile
Graham Number79.4175.633329.9335
Slightly volatile
Shareholders Equity Per Share41.3239.35515.3688
Slightly volatile
Debt To Equity0.08090.08520.373
Very volatile
Capex Per Share0.130.17420.1186
Slightly volatile
Revenue Per Share12.6912.08845.2204
Slightly volatile
Interest Debt Per Share9.3917.92178.4277
Slightly volatile
Debt To Assets0.00810.00850.0311
Pretty Stable
Short Term Coverage Ratios14.929.2720.0166
Slightly volatile
Price Earnings Ratio8.496.59129.357
Slightly volatile
Price Book Value Ratio1.411.08191.6571
Slightly volatile
Dividend Payout Ratio0.130.17370.1571
Pretty Stable
Pretax Profit Margin0.540.66580.6714
Slightly volatile
Ebt Per Ebit0.780.890.9614
Slightly volatile
Operating Profit Margin0.750.66580.697
Very volatile
Effective Tax Rate0.310.19740.3225
Slightly volatile
Company Equity Multiplier11.859.965712.3589
Slightly volatile
Long Term Debt To Capitalization0.07460.07850.1823
Pretty Stable
Total Debt To Capitalization0.07460.07850.2227
Very volatile
Return On Capital Employed0.01850.02050.0222
Pretty Stable
Debt Equity Ratio0.08090.08520.373
Very volatile
Ebit Per Revenue0.750.66580.697
Very volatile
Quick Ratio31.0432.6769.7027
Pretty Stable
Net Income Per E B T0.580.80260.6701
Slightly volatile
Cash Ratio8.248.6716.358
Pretty Stable
Days Of Sales OutstandingK5.8 K2.5 K
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.81.02110.9853
Pretty Stable
Price To Book Ratio1.411.08191.6571
Slightly volatile
Fixed Asset Turnover14.269.971114.4411
Slightly volatile
Debt Ratio0.00810.00850.0311
Pretty Stable
Price Sales Ratio3.993.52244.1768
Slightly volatile
Return On Assets0.01260.01650.0145
Slightly volatile
Asset Turnover0.02590.03080.0312
Pretty Stable
Net Profit Margin0.380.53440.4545
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 Investments584.4 M

About Merchants Bancorp Financial Statements

Merchants Bancorp investors utilize fundamental indicators, such as revenue or net income, to predict how Merchants Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-1.2 B-1.2 B
Total Revenue522.5 M278.9 M
Cost Of Revenue-11 M-11.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.02 
Capex To Revenue 0.01  0.01 
Revenue Per Share 12.09  12.69 
Ebit Per Revenue 0.67  0.75 

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space 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
(0.30)
Dividend Share
0.35
Revenue Per Share
13.735
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0172
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.