MBINL
Income statement / Annual
Last year (2024), Merchants Bancorp's total revenue was $1.45 B,
an increase of 21.70% from the previous year.
In 2024, Merchants Bancorp's net income was $320.39 M.
See Merchants Bancorp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$1.45 B |
$1.19 B |
$602.07 M |
$461.56 M |
| Cost of Revenue |
$804.38 M
|
$669.96 M
|
$179.58 M
|
$38.90 M
|
| Gross Profit |
$642.69 M
|
$519.10 M
|
$422.49 M
|
$422.66 M
|
| Gross Profit Ratio |
0.44
|
0.44
|
0.7
|
0.92
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$156.88 M
|
$121.76 M
|
$92.55 M
|
$88.42 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$156.88 M
|
$121.76 M
|
$92.55 M
|
$88.42 M
|
| Other Expenses |
$63.16 M
|
$49.43 M
|
$38.80 M
|
$29.31 M
|
| Operating Expenses |
$220.05 M
|
$171.19 M
|
$131.35 M
|
$117.73 M
|
| Cost And Expenses |
$1.02 B
|
$841.15 M
|
$310.92 M
|
$156.63 M
|
| Interest Income |
$1.30 B
|
$1.08 B
|
$480.83 M
|
$311.89 M
|
| Interest Expense |
$780.10 M
|
$629.73 M
|
$162.28 M
|
$33.89 M
|
| Depreciation & Amortization |
$3.01 M
|
$2.85 M
|
$2.49 M
|
$2.19 M
|
| EBITDA |
$425.66 M |
$350.76 M |
$293.63 M |
$307.12 M |
| EBITDA Ratio |
0.29
|
0.29
|
0.49
|
0.67
|
| Operating Income Ratio |
0.29
|
0.29
|
0.48
|
0.66
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$422.64 M
|
$347.91 M
|
$291.14 M
|
$304.93 M
|
| Income Before Tax Ratio |
0.29
|
0.29
|
0.48
|
0.66
|
| Income Tax Expense |
$102.26 M
|
$68.67 M
|
$71.42 M
|
$77.83 M
|
| Net Income |
$320.39 M
|
$279.23 M
|
$219.72 M
|
$227.10 M
|
| Net Income Ratio |
0.22
|
0.23
|
0.36
|
0.49
|
| EPS |
0 |
0 |
0 |
0 |
| EPS Diluted |
0 |
0 |
0 |
0 |
| Weighted Average Shares Out |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Weighted Average Shares Out Diluted |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
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