Merchants Weighted Average Shares vs Income Tax Expense Analysis

MBIN
 Stock
  

USD 28.42  0.45  1.61%   

Merchants Bancorp financial indicator trend analysis is infinitely more than just investigating Merchants Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merchants Bancorp is a good investment. Please check the relationship between Merchants Bancorp Weighted Average Shares and its Income Tax Expense accounts. Additionally, see Stocks Correlation.

Weighted Average Shares vs Income Tax Expense

Weighted Average Shares vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merchants Bancorp Weighted Average Shares account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Merchants Bancorp's Weighted Average Shares and Income Tax Expense is 0.74. Overlapping area represents the amount of variation of Weighted Average Shares that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Merchants Bancorp, assuming nothing else is changed. The correlation between historical values of Merchants Bancorp's Weighted Average Shares and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Weighted Average Shares of Merchants Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Weighted Average Shares i.e., Merchants Bancorp's Weighted Average Shares and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.

Income Tax Expense

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Most indicators from Merchants Bancorp fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Additionally, see Stocks Correlation.Merchants Bancorp Selling General and Administrative Expense is quite stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 100.44 Million. Issuance Purchase of Equity Shares is expected to rise to about 131.8 M this year, although the value of Net Cash Flow Business Acquisitions and Disposals will most likely fall to (12 M).
 2019 2020 2021 2022 (projected)
Net Income77.33 M180.53 M227.1 M245.03 M
Gross Profit165.45 M339.78 M430.31 M464.29 M

Merchants Bancorp fundamental ratios Correlations

Merchants Bancorp Account Relationship Matchups

Merchants Bancorp fundamental ratios Accounts

201720182019202020212022 (projected)
Accumulated Other Comprehensive Income(1.01 M)(310 K)458 K374 K(1.45 M)(1.49 M)
Total Assets3.39 B3.88 B6.37 B9.65 B11.28 B9.21 B
Cash and Equivalents359.52 M336.52 M506.71 M179.73 M1.03 B817.04 M
Cash and Equivalents USD359.52 M336.52 M506.71 M179.73 M1.03 B817.04 M
Total Debt56.61 M195.45 M181.44 M1.35 B1.03 B1.12 B
Total Debt USD56.61 M195.45 M181.44 M1.35 B1.03 B1.12 B
Deposit Liabilities2.94 B3.23 B5.48 B7.41 B8.98 B7.42 B
Shareholders Equity367.47 M421.24 M653.73 M810.62 M1.16 B919.33 M
Shareholders Equity USD367.47 M421.24 M653.73 M810.62 M1.16 B919.33 M
Goodwill and Intangible Assets5.41 M21.02 M19.64 M100.73 M127.9 M138 M
Investments2.99 B3.47 B5.77 B9.26 B9.97 B8.18 B
Total Liabilities3.03 B3.46 B5.72 B8.83 B10.12 B8.29 B
Property Plant and Equipment Net5.35 M15.14 M29.27 M29.76 M31.21 M26.32 M
Accumulated Retained Earnings Deficit192.01 M244.91 M304.98 M461.74 M657.15 M521.57 M
Tax Liabilities12.42 M15.44 M16.92 M20.41 M19.17 M20.01 M

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Additionally, see Stocks Correlation. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.