MBINO
Income statement / Annual
Last year (2023), Merchants Bancorp's total revenue was $522.51 M,
an increase of 22.31% from the previous year.
In 2023, Merchants Bancorp's net income was $279.23 M.
See Merchants Bancorp’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$522.51 M
|
$427.19 M
|
$430.32 M
|
$339.78 M
|
$165.45 M
|
$134.93 M
|
$111.81 M
|
$81.52 M
|
$68.10 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$522.51 M |
$427.19 M |
$430.32 M |
$339.78 M |
$165.45 M |
$134.93 M |
$111.81 M |
$81.52 M |
$68.10 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$19.22 M
|
$14.35 M
|
$9.63 M
|
$6.73 M
|
$4.95 M
|
$4.13 M
|
$2.69 M
|
$2.28 M
|
$1.38 M
|
| Selling & Marketing
Expenses |
$117.40 M
|
$97.25 M
|
$93.09 M
|
$64.93 M
|
$42.70 M
|
$35.03 M
|
$23.07 M
|
$15.66 M
|
$13.21 M
|
| Selling, General &
Administrative Expenses |
$121.76 M
|
$111.60 M
|
$102.72 M
|
$71.66 M
|
$47.65 M
|
$39.16 M
|
$25.76 M
|
$17.94 M
|
$14.59 M
|
| Other Expenses |
$0.00 |
-$38.80 M |
-$32.29 M |
-$31.49 M |
-$20.61 M |
-$15.87 M |
-$11.57 M |
-$11.06 M |
$0.00 |
| Operating Expenses |
$559.33 M |
$136.05 M |
$125.38 M |
$96.42 M |
$63.31 M |
$50.90 M |
$34.64 M |
$26.72 M |
$20.92 M |
| Cost And Expenses |
$136.62 M |
$136.05 M |
$125.38 M |
$96.42 M |
$63.31 M |
$50.90 M |
$34.64 M |
$26.72 M |
$20.92 M |
| Interest Income |
$1.08 B |
$480.83 M |
$311.89 M |
$282.79 M |
$212.00 M |
$140.56 M |
$94.39 M |
$72.94 M |
$56.35 M |
| Interest Expense |
$629.73 M |
$162.28 M |
$33.89 M |
$58.64 M |
$89.70 M |
$50.59 M |
$27.79 M |
$18.97 M |
$14.29 M |
| Depreciation &
Amortization |
$2.85 M
|
$3.01 M
|
$2.77 M
|
$2.52 M
|
$2.16 M
|
$848,000.00
|
$378,000.00
|
$278,000.00
|
$301,000.00
|
| EBITDA |
$350.76 M
|
$293.63 M
|
$307.12 M
|
$245.25 M
|
$102.99 M
|
$84.49 M
|
$77.46 M
|
$55.07 M
|
$54.52 M
|
| EBITDA Ratio |
0.67 |
1.07 |
0.71 |
0.72 |
0.62 |
1 |
0.94 |
0.91 |
0.91 |
| Operating Income Ratio
|
0.67
|
0.69
|
0.71
|
0.73
|
0.63
|
0.63
|
0.7
|
0.69
|
0.71
|
| Total Other
Income/Expenses Net |
$0.00
|
-$24.45 M
|
-$22.67 M
|
-$24.77 M
|
-$15.66 M
|
-$11.74 M
|
-$8.88 M
|
-$8.78 M
|
-$6.34 M
|
| Income Before Tax |
$347.91 M |
$291.14 M |
$304.93 M |
$243.36 M |
$102.13 M |
$84.03 M |
$77.16 M |
$54.80 M |
$47.18 M |
| Income Before Tax Ratio
|
0.67
|
0.68
|
0.71
|
0.72
|
0.62
|
0.62
|
0.69
|
0.67
|
0.69
|
| Income Tax Expense |
$68.67 M |
$71.42 M |
$77.83 M |
$62.82 M |
$24.81 M |
$21.15 M |
$22.48 M |
$21.67 M |
$18.80 M |
| Net Income |
$279.23 M |
$219.72 M |
$227.10 M |
$180.53 M |
$77.33 M |
$62.87 M |
$54.68 M |
$33.13 M |
$28.38 M |
| Net Income Ratio |
0.53 |
0.51 |
0.53 |
0.53 |
0.47 |
0.47 |
0.49 |
0.41 |
0.42 |
| EPS |
5.66 |
4.49 |
4.78 |
3.85 |
1.58 |
1.46 |
1.52 |
0.98 |
0.9 |
| EPS Diluted |
5.64 |
4.47 |
4.76 |
3.85 |
1.58 |
1.46 |
1.52 |
0.98 |
0.9 |
| Weighted Average Shares
Out |
$43.22 M
|
$43.16 M
|
$43.17 M
|
$43.11 M
|
$43.06 M
|
$43.04 M
|
$33.83 M
|
$31.67 M
|
$31.61 M
|
| Weighted Average Shares
Out Diluted |
$43.35 M
|
$43.32 M
|
$43.33 M
|
$43.17 M
|
$43.12 M
|
$43.09 M
|
$33.85 M
|
$31.76 M
|
$31.61 M
|
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