Merchants Bancorp
NASDAQ:MBIN

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Merchants Bancorp Logo
Merchants Bancorp
NASDAQ:MBIN
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Price: 41.56 USD -0.91% Market Closed
Updated: May 23, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

448.1m
+7%
Net Interest Income
Growth Rates:
1 Year
+41%
3 Years
+100%
5 Years
+398%
7 Years
+730%
10 Years
-
114.7m
+11%
Non Interest Income
Growth Rates:
1 Year
-9%
3 Years
-10%
5 Years
+131%
7 Years
+302%
10 Years
-
244.6m
+9%
Net Income
Growth Rates:
1 Year
+26%
3 Years
+47%
5 Years
+311%
7 Years
+686%
10 Years
-

Income Statement
Merchants Bancorp

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Income Statement
Currency: USD
Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Net Interest Income
54
56
59
63
67
73
80
85
90
94
100
109
122
137
160
193
224
258
271
274
278
272
279
296
319
354
387
419
448
Interest Income
73
76
82
88
94
104
116
128
141
151
166
188
212
233
252
269
283
302
306
307
312
308
325
382
481
616
785
947
1 078
Interest Expense
19
20
23
25
28
31
36
43
51
57
66
79
90
96
92
76
59
44
35
33
34
37
46
86
162
263
398
528
630
Non Interest Income
29
33
43
40
48
51
46
50
50
42
40
39
47
63
80
107
127
152
158
160
157
148
154
143
126
106
96
103
115
Revenue
82
N/A
90
+9%
103
+15%
103
0%
114
+11%
124
+9%
126
+1%
135
+7%
140
+4%
136
-3%
140
+3%
148
+6%
169
+14%
200
+18%
239
+20%
300
+25%
352
+17%
409
+16%
429
+5%
434
+1%
435
+0%
420
-4%
434
+3%
439
+1%
444
+1%
459
+3%
483
+5%
522
+8%
563
+8%
Pre-Tax Income
Loan Loss Provision
(1)
(1)
(1)
(1)
(2)
(4)
(4)
(4)
(5)
(4)
(3)
(4)
(4)
(6)
(8)
(10)
(12)
(11)
(8)
(7)
(5)
(6)
(12)
(13)
(17)
(22)
(38)
(40)
(40)
Non Interest Expense
(27)
(28)
(29)
(31)
(35)
(38)
(42)
(46)
(51)
(54)
(58)
(61)
(63)
(73)
(77)
(88)
(96)
(104)
(112)
(115)
(125)
(126)
(131)
(137)
(136)
(140)
(151)
(159)
(175)
Pre-Tax Income
55
N/A
61
+11%
72
+18%
70
-3%
77
+10%
82
+6%
79
-4%
85
+7%
84
-1%
78
-7%
79
+1%
84
+6%
102
+22%
121
+18%
155
+28%
202
+31%
243
+20%
295
+21%
309
+5%
313
+1%
305
-2%
288
-6%
290
+1%
289
0%
291
+1%
298
+2%
294
-1%
323
+10%
348
+8%
Net Income
Tax Provision
(22)
(24)
(28)
(27)
(29)
(28)
(25)
(24)
(21)
(20)
(20)
(21)
(25)
(30)
(39)
(52)
(63)
(77)
(80)
(81)
(78)
(72)
(72)
(71)
(71)
(73)
(58)
(64)
(69)
Income from Continuing Operations
33
37
44
43
48
54
55
61
63
58
59
63
77
91
116
151
181
218
228
232
227
215
218
218
220
225
236
259
279
Net Income (Common)
31
N/A
34
+11%
41
+19%
40
-3%
51
+29%
57
+12%
58
+2%
64
+11%
60
-8%
55
-8%
55
0%
56
+2%
68
+21%
79
+16%
102
+29%
136
+33%
166
+22%
203
+22%
212
+4%
213
+1%
206
-3%
192
-7%
195
+1%
195
0%
194
-1%
196
+1%
204
+4%
224
+10%
245
+9%
EPS (Diluted)
1.15
N/A
1.27
+10%
1.51
+19%
1.38
-9%
2.27
+64%
1.99
-12%
2.02
+2%
2.24
+11%
2.07
-8%
1.92
-7%
1.91
-1%
1.96
+3%
2.37
+21%
2.76
+16%
3.56
+29%
4.75
+33%
5.77
+21%
7.04
+22%
7.34
+4%
7.38
+1%
4.76
-36%
4.43
-7%
4.49
+1%
4.49
N/A
4.47
0%
4.52
+1%
4.72
+4%
5.18
+10%
5.64
+9%

See Also

Summary
MBIN intrinsic value, competitors valuation, and company profile.
DCF Valuation
MBIN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MBIN stock valuation using valuation multiples.
Wall Street Estimates
MBIN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MBIN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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