Merchants Historical Income Statement
| MBIN Stock | USD 41.42 0.33 0.80% |
Historical analysis of Merchants Bancorp income statement accounts such as Discontinued Operations of 0.0 can show how well Merchants Bancorp performed in making a profits. Evaluating Merchants Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Merchants Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Merchants Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Merchants Bancorp is a good buy for the upcoming year.
Merchants |
About Merchants Income Statement Analysis
Merchants Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Merchants Bancorp shareholders. The income statement also shows Merchants investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Merchants Bancorp Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Merchants Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Merchants Bancorp whose combined shares represent less than 50% of the total outstanding shares issued by Merchants Bancorp have a minority interest in Merchants Bancorp.Most accounts from Merchants Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Merchants Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merchants Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.At this time, Merchants Bancorp's Total Other Income Expense Net is very stable compared to the past year. As of the 26th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 233.9 M, while Tax Provision is likely to drop about 47.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 278.0M | 318.6M | 419.2M | 440.1M | Tax Provision | 77.8M | 71.4M | 64.4M | 47.1M |
Merchants Bancorp income statement Correlations
Click cells to compare fundamentals
Merchants Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Merchants Bancorp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 24.8M | 62.8M | 77.8M | 71.4M | 64.4M | 47.1M | |
| Net Interest Income | 122.3M | 224.1M | 278.0M | 318.6M | 419.2M | 440.1M | |
| Interest Income | 212.0M | 282.8M | 311.9M | 480.8M | 947.5M | 994.9M | |
| Depreciation And Amortization | 852K | 2.5M | 2.8M | 3.0M | 2.9M | 1.6M | |
| Interest Expense | 89.7M | 58.6M | 33.9M | 162.3M | 629.7M | 661.2M | |
| Selling General Administrative | 4.9M | 6.7M | 9.6M | 14.3M | 19.2M | 20.2M | |
| Selling And Marketing Expenses | 42.7M | 64.9M | 93.1M | 97.3M | 117.4M | 61.4M | |
| Total Revenue | 165.4M | 339.8M | 430.3M | 427.2M | 522.5M | 278.9M | |
| Gross Profit | 165.4M | 339.8M | 430.3M | 427.2M | 522.5M | 278.9M | |
| Other Operating Expenses | 63.3M | 96.4M | 125.4M | 136.1M | 832.4M | 874.0M | |
| Operating Income | 104.9M | 249.2M | 307.6M | 294.6M | 347.9M | 192.1M | |
| Net Income From Continuing Ops | 77.3M | 180.5M | 227.1M | 219.7M | 258.9M | 139.7M | |
| Ebit | 102.1M | 242.7M | 304.4M | 290.6M | 347.9M | 203.2M | |
| Ebitda | 103.0M | 245.3M | 307.1M | 293.6M | 350.8M | 204.8M | |
| Total Operating Expenses | 63.3M | 96.4M | 125.4M | 136.1M | 559.3M | 587.3M | |
| Income Before Tax | 102.1M | 243.4M | 304.9M | 291.1M | 347.9M | 189.8M | |
| Total Other Income Expense Net | (2.7M) | (24.8M) | (22.7M) | (24.4M) | 384.7M | 404.0M | |
| Net Income Applicable To Common Shares | 68.1M | 166.1M | 206.2M | 193.7M | 222.8M | 233.9M | |
| Net Income | 77.3M | 180.5M | 227.1M | 219.7M | 279.2M | 142.1M | |
| Income Tax Expense | 24.8M | 62.8M | 77.8M | 71.4M | 68.7M | 47.6M | |
| Reconciled Depreciation | 852K | 1.9M | 2.2M | 2.5M | 2.8M | 1.7M |
Pair Trading with Merchants Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Merchants Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Merchants Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against Merchants Stock
| 0.68 | QD | Qudian Inc | PairCorr |
| 0.65 | LC | LendingClub Corp | PairCorr |
| 0.63 | DIST | Distoken Acquisition | PairCorr |
| 0.61 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.61 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to Merchants Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Merchants Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Merchants Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Merchants Bancorp to buy it.
The correlation of Merchants Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Merchants Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Merchants Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merchants Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Commercial & Residential Mortgage Finance 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 | Earnings Share 6.03 | Revenue Per Share 13.735 | Quarterly Revenue Growth (0.05) |
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.