Merchants Financial Statements From 2010 to 2022

MBIN
 Stock
  

USD 28.42  0.45  1.61%   

Merchants Bancorp financial statements provide useful quarterly and yearly information to potential Merchants Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Merchants Bancorp financial statements helps investors assess Merchants Bancorp's valuation, profitability, and current liquidity needs.
We have found eighty-four available fundamental ratios for Merchants Bancorp, which can be analyzed and compared to other ratios and to its peers in the industry. We recommend to check Merchants Bancorp's last-minute fundamental drivers against the all of the trends between 2010 and 2022.
Merchants Bancorp Earnings Before Interest Taxes and Depreciation Amortization EBITDA are quite stable at the moment as compared to the past year. The company's current value of Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated at 331.37 Million. Earnings before Tax is expected to rise to about 329 M this year, although the value of Net Income Per Employee will most likely fall to about 381 K.
  
Check Merchants Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merchants main balance sheet or income statement drivers, such as Consolidated Income of 245 M, Earning Before Interest and Taxes EBIT of 329 M or Gross Profit of 464.3 M, as well as many exotic indicators such as Calculated Tax Rate of 30.74, PPandE Turnover of 18.74 or Accrued Expenses Turnover of 49.82. Merchants financial statements analysis is a perfect complement when working with Merchants Bancorp Valuation or Volatility modules. It can also supplement various Merchants Bancorp Technical models . Additionally, see the analysis of Merchants Bancorp Correlation against competitors.

Merchants Bancorp Revenues

464.29 Million

Merchants Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.2 B11.3 B4.6 B
Increasing
Slightly volatile
Cash and Equivalents817 MB489.1 M
Increasing
Slightly volatile
Investments8.2 B10 B4.1 B
Increasing
Slightly volatile
Deposit Liabilities7.4 BB3.9 B
Increasing
Slightly volatile
Property Plant and Equipment Net26.3 M31.2 M12.7 M
Increasing
Slightly volatile
Goodwill and Intangible Assets138 M127.9 M32 M
Increasing
Slightly volatile
Total Liabilities8.3 B10.1 B4.2 B
Increasing
Slightly volatile
Shareholders Equity919.3 M1.2 B417.2 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit521.6 M657.1 M249.1 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income(1.5 M)(1.5 M)(419.3 K)
Decreasing
Slightly volatile
Tax Liabilities20 M19.2 M17.8 M
Increasing
Very volatile
Total Debt1.1 BB333.3 M
Increasing
Slightly volatile
Shareholders Equity USD919.3 M1.2 B417.2 M
Increasing
Slightly volatile
Cash and Equivalents USD817 MB489.1 M
Increasing
Slightly volatile
Total Debt USD1.1 BB333.3 M
Increasing
Slightly volatile
Long Term Debt172.6 M160 M52.7 M
Increasing
Slightly volatile

Merchants Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues464.3 M430.3 M164.4 M
Increasing
Slightly volatile
Selling General and Administrative Expense100.4 M93.1 M34.9 M
Increasing
Slightly volatile
Operating Expenses100.6 M125.4 M48 M
Increasing
Slightly volatile
Income Tax Expense61.6 M77.8 M31.2 M
Increasing
Slightly volatile
Consolidated Income245 M227.1 M80.8 M
Increasing
Slightly volatile
Net Income245 M227.1 M80.8 M
Increasing
Slightly volatile
Preferred Dividends Income Statement Impact22.5 M20.9 M6.8 M
Increasing
Slightly volatile
Net Income Common Stock222.5 M206.2 M75 M
Increasing
Slightly volatile
Weighted Average Shares45 M43.2 M36.4 M
Increasing
Slightly volatile
Weighted Average Shares Diluted45.1 M43.3 M36.4 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT329 M304.9 M113.7 M
Increasing
Slightly volatile
Revenues USD464.3 M430.3 M164.4 M
Increasing
Slightly volatile
Net Income Common Stock USD222.5 M206.2 M75 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD329 M304.9 M113.7 M
Increasing
Slightly volatile
Gross Profit464.3 M430.3 M164.4 M
Increasing
Slightly volatile
Operating Income329 M304.9 M113.7 M
Increasing
Slightly volatile

Merchants Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(12 M)(11.7 M)(9.3 M)
Increasing
Stable
Net Cash Flow from Financing1.4 B1.4 B944.2 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities (322.6 M)(314.3 M)54.7 M
Increasing
Very volatile
Issuance Purchase of Equity Shares131.8 M122.2 M62.2 M
Increasing
Slightly volatile
Net Cash Flow from Operations(53.1 M)(49.2 M)(126.6 M)
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents920.2 M852.9 M216.1 M
Increasing
Stable
Depreciation Amortization and Accretion2.4 M2.2 M780.3 K
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share5.164.781.8965
Increasing
Slightly volatile
Earnings per Diluted Share5.144.761.8928
Increasing
Slightly volatile
Earnings per Basic Share USD5.164.781.8965
Increasing
Slightly volatile
Dividends per Basic Common Share0.230.240.0993
Increasing
Slightly volatile
Return on Average Equity0.220.190.178
Increasing
Stable
Return on Average Assets0.01970.020.0144
Increasing
Slightly volatile
Return on Invested Capital0.02580.0290.0255
Decreasing
Stable
Gross Margin0.890.90.9842
Decreasing
Slightly volatile
Profit Margin0.50.4790.4361
Increasing
Slightly volatile
EBITDA Margin0.770.7140.6927
Increasing
Stable
Return on Sales0.760.7090.6883
Increasing
Stable
Asset Turnover0.04230.0410.0349
Increasing
Slightly volatile
Payout Ratio0.05660.050.0439
Increasing
Slightly volatile
Enterprise Value over EBITDA4.64.4572.2286
Increasing
Slightly volatile
Enterprise Value over EBIT4.424.02.417
Increasing
Slightly volatile
Price to Earnings Ratio6.676.6018.0785
Decreasing
Slightly volatile
Sales per Share7.969.9673.9684
Increasing
Slightly volatile
Price to Sales Ratio3.113.1663.6951
Decreasing
Slightly volatile
Price to Book Value1.121.1791.3683
Decreasing
Slightly volatile
Debt to Equity Ratio8.98.76211.6785
Decreasing
Slightly volatile
Dividend Yield0.00990.0080.0061
Increasing
Slightly volatile
Free Cash Flow per Share(1.32)(1.224)(2.7307)
Decreasing
Slightly volatile
Book Value per Share21.7426.76310.5987
Increasing
Slightly volatile
Tangible Assets Book Value per Share217258119
Increasing
Slightly volatile
Total Assets Per Share282261123
Increasing
Slightly volatile
Cash Flow Per Share(1.23)(1.1398)(2.5785)
Decreasing
Slightly volatile
Calculated Tax Rate30.7425.522633.79
Decreasing
Slightly volatile
PPandE Turnover18.7415.39120.507
Decreasing
Slightly volatile
Cash and Equivalents Turnover0.670.77410.4413
Increasing
Slightly volatile
Accrued Expenses Turnover49.8250.1154.7982
Decreasing
Slightly volatile
Revenue to Assets0.03930.04160.0394
Increasing
Slightly volatile

Merchants Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax329 M304.9 M113.7 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA331.4 M307.1 M114.5 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD331.4 M307.1 M114.5 M
Increasing
Slightly volatile
Market Capitalization1.2 B1.4 B690.4 M
Increasing
Slightly volatile
Enterprise Value1.2 B1.4 B427.7 M
Increasing
Slightly volatile
Invested Capital9.1 B11.2 B4.4 B
Increasing
Slightly volatile
Average Equity884.5 M1.1 B400.2 M
Increasing
Slightly volatile
Average Assets8.8 B10.5 B4.5 B
Increasing
Slightly volatile
Invested Capital Average8.8 B10.5 B4.3 B
Increasing
Slightly volatile
Tangible Asset Value9.1 B11.2 B4.6 B
Increasing
Slightly volatile
Free Cash Flow(57 M)(52.9 M)(129.5 M)
Decreasing
Slightly volatile
Revenue Per Employee856.3 K975.5 K739.2 K
Increasing
Slightly volatile
Net Income Per Employee381 K472.1 K271.6 K
Increasing
Slightly volatile

Merchants Fundamental Market Drivers

Short Percent Of Float2.26%
Forward Price Earnings6.72
Shares Short Prior Month317.65k
Average Daily Volume Last 10 Day59.98k
Average Daily Volume In Three Month73.68k
Date Short Interest15th of July 2022
Fifty Day Average24.22
Two Hundred Day Average27.63

Merchants Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Merchants Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Merchants Bancorp income statement, its balance sheet, and the statement of cash flows. Merchants Bancorp investors use historical funamental indicators, such as Merchants Bancorp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Merchants Bancorp investors may use each financial statement separately, they are all related. The changes in Merchants Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Merchants Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Merchants Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Merchants Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Revenues430.3 M464.3 M
Revenue to Assets 0.041602  0.0393 
Revenue Per Employee975.5 K856.3 K
Merchants Bancorp operates as the diversified bank holding company in the United States. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana. Merchants Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 481 people.

Merchants Bancorp Investors Sentiment

The influence of Merchants Bancorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Merchants. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Merchants Bancorp's public news can be used to forecast risks associated with investment in Merchants. The trend in average sentiment can be used to explain how an investor holding Merchants can time the market purely based on public headlines and social activities around Merchants Bancorp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Merchants Bancorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Merchants Bancorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Merchants Bancorp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Merchants Bancorp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merchants Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merchants Bancorp's short interest history, or implied volatility extrapolated from Merchants Bancorp options trading.

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Additionally, see the analysis of Merchants Bancorp Correlation against competitors. Note that the Merchants Bancorp information on this page should be used as a complementary analysis to other Merchants Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Merchants Bancorp price analysis, check to measure Merchants Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merchants Bancorp is operating at the current time. Most of Merchants Bancorp's value examination focuses on studying past and present price action to predict the probability of Merchants Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Merchants Bancorp's price. Additionally, you may evaluate how the addition of Merchants Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Merchants Bancorp's industry 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 YOY
0.054
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.076
Return On Assets
0.0208
Return On Equity
0.19
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 Merchants Bancorp value 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.