Merchants Financial Statements From 2010 to 2025

MBINM Stock  USD 25.25  0.05  0.20%   
Merchants Bancorp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Merchants Bancorp's valuation are provided below:
Gross Profit
621.4 M
Quarterly Earnings Growth
(0.48)
Profit Margin
0.4692
Revenue
621.4 M
Quarterly Revenue Growth
(0.15)
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 2025 to make sure the company can sustain itself down the road.

Merchants Bancorp Total Revenue

1.52 Billion

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 819.1 M or Selling General Administrative of 164.7 M, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0194 or PTB Ratio of 1.34. Merchants financial statements analysis is a perfect complement when working with Merchants Bancorp Valuation or Volatility modules.
  
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Merchants Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.7 B18.8 B6.8 B
Slightly volatile
Short and Long Term Debt Total4.6 B4.3 B877.4 M
Slightly volatile
Other Current Liabilities7.5 B11.9 B5.4 B
Slightly volatile
Total Current Liabilities7.6 B11.9 B5.4 B
Slightly volatile
Total Stockholder Equity2.4 B2.2 B766.5 M
Slightly volatile
Property Plant And Equipment Net61.5 M58.6 M21.1 M
Slightly volatile
Retained Earnings1.4 B1.3 B458.8 M
Slightly volatile
Accounts Payable12.2 B11.6 B4.3 B
Slightly volatile
Cash505.4 M476.6 M458.4 M
Pretty Stable
Non Current Assets Total19.1 B18.2 B6.6 B
Slightly volatile
Non Currrent Assets Other830.2 M790.6 M255.6 M
Slightly volatile
Other AssetsB7.3 B4.1 B
Slightly volatile
Cash And Short Term Investments914.9 M568.2 M796.2 M
Slightly volatile
Net Receivables87.6 M83.4 M27.4 M
Slightly volatile
Good Will12.1 MM7.8 M
Slightly volatile
Common Stock Shares Outstanding44.2 M45 M37.7 M
Slightly volatile
Short Term Investments85.5 M90 M317.2 M
Pretty Stable
Liabilities And Stockholders Equity9.7 B18.8 B6.8 B
Slightly volatile
Non Current Liabilities Total4.9 B4.6 B931.5 M
Slightly volatile
Other Current AssetsB710.7 M1.2 B
Pretty Stable
Total Liabilities8.7 B16.6 B6.1 B
Slightly volatile
Total Current Assets950.4 M650 M820 M
Slightly volatile
Short Term Debt992.1 M944.9 M262.3 M
Slightly volatile
Intangible Assets113.3 M190 M88.8 M
Slightly volatile
Common Stock136.1 M240.3 M92.1 M
Slightly volatile
Other Liabilities88.6 M159.4 M67.5 M
Slightly volatile
Net Tangible Assets677.3 M1.1 B540.8 M
Slightly volatile
Long Term Debt4.6 B4.3 B889.3 M
Slightly volatile
Net Invested Capital6.2 B5.9 B1.6 B
Slightly volatile
Long Term Investments3.2 B3.1 B1.1 B
Slightly volatile
Capital Stock559.9 M912.4 M346 M
Slightly volatile
Property Plant Equipment33.4 M53.4 M25.4 M
Slightly volatile
Property Plant And Equipment Gross50.4 M72 M38.5 M
Slightly volatile

Merchants Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 MM1.1 M
Slightly volatile
Interest Expense819.1 M780.1 M172.3 M
Slightly volatile
Selling General Administrative164.7 M156.9 M55 M
Slightly volatile
Selling And Marketing Expenses141.8 M135 M52.8 M
Slightly volatile
Total Revenue1.5 B1.4 B423.7 M
Slightly volatile
Gross Profit674.8 M642.7 M242.6 M
Slightly volatile
Other Operating Expenses1.1 BB257.8 M
Slightly volatile
Operating Income217.6 M422.6 M152 M
Slightly volatile
EBIT217.3 M422.6 M151.8 M
Slightly volatile
EBITDA218.9 M425.7 M152.9 M
Slightly volatile
Cost Of Revenue844.6 M804.4 M181.2 M
Slightly volatile
Total Operating Expenses231 M220 M76.6 M
Slightly volatile
Income Before Tax217.3 M422.6 M151.8 M
Slightly volatile
Net Income163.2 M320.4 M111.8 M
Slightly volatile
Income Tax Expense54.1 M102.3 M40 M
Slightly volatile
Tax Provision66.7 M102.3 M41.3 M
Slightly volatile
Net Interest Income310.3 M522.6 M187.8 M
Slightly volatile
Interest Income1.4 B1.3 B385.7 M
Slightly volatile
Net Income From Continuing Ops211.7 M320.4 M128.8 M
Slightly volatile
Reconciled Depreciation2.1 MM1.2 M
Slightly volatile
Net Income Applicable To Common Shares152.6 M222.8 M108.7 M
Slightly volatile

Merchants Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow478.3 M584.4 M373.4 M
Slightly volatile
Depreciation1.6 MM1.1 M
Slightly volatile
Dividends Paid26.2 M51.2 M17.9 M
Slightly volatile
Capital Expenditures19.3 M18.4 M6.5 M
Slightly volatile
Net Income163.2 M320.4 M111.8 M
Slightly volatile
Total Cash From Financing Activities1.7 B1.6 B1.2 B
Slightly volatile
End Period Cash Flow505.4 M476.6 M458.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.071.13053.0594
Slightly volatile
Dividend Yield0.01940.03130.0201
Slightly volatile
PTB Ratio1.340.72921.5948
Slightly volatile
Days Sales Outstanding19.0921.038622.6136
Slightly volatile
Book Value Per Share52.5150.012518.2295
Slightly volatile
Capex To Depreciation9.546.10197.5286
Very volatile
PB Ratio1.340.72921.5948
Slightly volatile
ROIC0.04420.04650.1013
Slightly volatile
Net Income Per Share7.57.14272.9342
Slightly volatile
Payables Turnover7.7610.019.777
Slightly volatile
Sales General And Administrative To Revenue0.170.10840.1575
Slightly volatile
Capex To Revenue0.01210.01270.0219
Very volatile
Cash Per Share16.7612.632221.0705
Pretty Stable
Interest Coverage0.510.54182.8062
Slightly volatile
Payout Ratio0.180.15970.1604
Slightly volatile
Days Payables Outstanding42.3137.7237.9455
Slightly volatile
ROE0.180.14280.1739
Slightly volatile
PE Ratio8.215.10599.0737
Slightly volatile
Return On Tangible Assets0.01290.01720.0149
Slightly volatile
Earnings Yield0.120.19590.1259
Slightly volatile
Intangibles To Total Assets0.01780.01050.0189
Slightly volatile
Current Ratio0.05180.05450.2181
Slightly volatile
Tangible Book Value Per Share47.8845.598115.6592
Slightly volatile
Receivables Turnover17.3917.34916.4468
Slightly volatile
Graham Number94.1389.652434.586
Slightly volatile
Shareholders Equity Per Share52.5150.012518.2335
Slightly volatile
Debt To Equity2.031.93290.7009
Slightly volatile
Capex Per Share0.430.410.1555
Slightly volatile
Revenue Per Share33.8732.26110.016
Slightly volatile
Interest Debt Per Share12011424.0487
Slightly volatile
Debt To Assets0.240.23060.0689
Slightly volatile
Price Earnings Ratio8.215.10599.0737
Slightly volatile
Operating Cycle19.0921.038622.6136
Slightly volatile
Price Book Value Ratio1.340.72921.5948
Slightly volatile
Days Of Payables Outstanding42.3137.7237.9455
Slightly volatile
Dividend Payout Ratio0.180.15970.1604
Slightly volatile
Pretax Profit Margin0.540.29210.5228
Slightly volatile
Ebt Per Ebit0.790.890.9723
Slightly volatile
Operating Profit Margin0.540.29210.5231
Slightly volatile
Effective Tax Rate0.310.24190.3175
Slightly volatile
Company Equity Multiplier11.588.38312.0932
Slightly volatile
Long Term Debt To Capitalization0.690.6590.3069
Slightly volatile
Total Debt To Capitalization0.690.6590.3607
Slightly volatile
Return On Capital Employed0.05830.06140.1658
Slightly volatile
Debt Equity Ratio2.031.93290.7009
Slightly volatile
Ebit Per Revenue0.540.29210.5231
Slightly volatile
Quick Ratio0.05180.05450.2181
Slightly volatile
Net Income Per E B T0.580.75810.6756
Slightly volatile
Cash Ratio0.0380.040.1296
Slightly volatile
Days Of Sales Outstanding19.0921.038622.6136
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.811.0220.9883
Pretty Stable
Price To Book Ratio1.340.72921.5948
Slightly volatile
Fixed Asset Turnover14.8124.686818.8358
Pretty Stable
Debt Ratio0.240.23060.0689
Slightly volatile
Price Sales Ratio1.071.13053.0594
Slightly volatile
Return On Assets0.01270.0170.0146
Slightly volatile
Asset Turnover0.08080.07690.046
Slightly volatile
Net Profit Margin0.390.22140.3528
Pretty Stable
Gross Profit Margin0.770.44410.7417
Slightly volatile
Price Fair Value1.340.72921.5948
Slightly volatile
Return On Equity0.180.14280.1739
Slightly volatile

Merchants Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap635.3 M714.7 M779.3 M
Slightly volatile

Merchants Fundamental Market Drivers

Cash And Short Term Investments568.2 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 Revenue1.4 B1.5 B
Cost Of Revenue804.4 M844.6 M
Sales General And Administrative To Revenue 0.11  0.17 
Capex To Revenue 0.01  0.01 
Revenue Per Share 32.26  33.87 
Ebit Per Revenue 0.29  0.54 

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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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
(0.48)
Revenue Per Share
13.662
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0159
Return On Equity
0.1481
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.