Merchants Historical Income Statement

MBINM Stock  USD 26.08  0.21  0.80%   
Historical analysis of Merchants Bancorp income statement accounts such as Selling And Marketing Expenses of 61.4 M 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.
 
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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.
  
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 board of governors.
To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.

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

At this time, Merchants Bancorp's Interest Expense is very stable compared to the past year. As of the 27th of November 2024, Selling General Administrative is likely to grow to about 20.2 M, while Selling And Marketing Expenses is likely to drop about 61.4 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Merchants Bancorp minus its cost of goods sold. It is profit before Merchants Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Merchants Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Merchants Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Merchants Bancorp financial statement analysis. It represents the amount of money remaining after all of Merchants Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 board of governors.
To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.At this time, Merchants Bancorp's Interest Expense is very stable compared to the past year. As of the 27th of November 2024, Selling General Administrative is likely to grow to about 20.2 M, while Selling And Marketing Expenses is likely to drop about 61.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense33.9M162.3M629.7M661.2M
Depreciation And Amortization2.8M3.0M2.9M1.6M

Merchants Bancorp income statement Correlations

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Merchants Bancorp Account Relationship Matchups

Merchants Bancorp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization852K2.5M2.8M3.0M2.9M1.6M
Interest Expense89.7M58.6M33.9M162.3M629.7M661.2M
Selling General Administrative4.9M6.7M9.6M14.3M19.2M20.2M
Selling And Marketing Expenses42.7M64.9M93.1M97.3M117.4M61.4M
Total Revenue165.4M339.8M430.3M427.2M522.5M278.9M
Gross Profit165.4M339.8M430.3M427.2M522.5M278.9M
Other Operating Expenses63.3M96.4M125.4M136.1M832.4M874.0M
Operating Income104.9M249.2M307.6M294.6M347.9M192.1M
Ebit102.1M242.7M304.4M290.6M347.9M203.2M
Ebitda103.0M245.3M307.1M293.6M350.8M204.8M
Total Operating Expenses63.3M96.4M125.4M136.1M559.3M587.3M
Income Before Tax102.1M243.4M304.9M291.1M347.9M189.8M
Total Other Income Expense Net(2.7M)(24.8M)(22.7M)(24.4M)(38.0M)(36.1M)
Net Income77.3M180.5M227.1M219.7M279.2M142.1M
Income Tax Expense24.8M62.8M77.8M71.4M68.7M47.6M
Tax Provision24.8M62.8M77.8M71.4M64.4M59.1M
Net Interest Income122.3M224.1M278.0M318.6M419.2M266.2M
Interest Income212.0M282.8M311.9M480.8M947.5M994.9M
Net Income From Continuing Ops77.3M180.5M227.1M219.7M258.9M188.2M
Reconciled Depreciation852K1.9M2.2M2.5M2.8M2.0M
Net Income Applicable To Common Shares68.1M166.1M206.2M193.7M222.8M152.6M

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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 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 board of governors.
To learn how to invest in Merchants Stock, please use our How to Invest in Merchants Bancorp guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.