Merchants Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Merchants Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 22% to $522,508,000. The net income raised on $279,234,000 and profit margin reached 53%. Total operating expenses were $136,620,000.
Profit Margin
| 2015 | 68.10M | 28.38M | 41.68% |
|---|---|---|---|
| 2016 | 81.51M | 33.12M | 40.64% |
| 2017 | 111.80M | 54.68M | 48.91% |
| 2018 | 134.92M | 62.87M | 46.6% |
| 2019 | 165.44M | 77.32M | 46.74% |
| 2020 | 339.78M | 180.53M | 53.13% |
| 2021 | 430.31M | 227.10M | 52.78% |
| 2022 | 427.19M | 219.72M | 51.43% |
| 2023 | 522.50M | 279.23M | 53.44% |
MBINO Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 522.50M | 427.19M | 430.31M | 339.78M | 165.44M | 134.92M | 111.80M | 81.51M | 68.10M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 522.50M | 427.19M | 430.31M | 339.78M | 165.44M | 134.92M | 111.80M | 81.51M | 68.10M |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 97.25M | 93.09M | 64.93M | 42.70M | 35.02M | 23.07M | 15.65M | 13.21M |
Total operating expenses | 136.62M | 136.05M | 125.38M | 96.42M | 63.31M | 50.89M | 34.64M | 26.72M | 20.92M |
Operating income | 347.90M | 294.60M | 307.62M | 249.15M | 104.88M | 85.05M | 78.09M | 55.94M | 48.25M |
Other income (expenses), net | 0 | -3.46M | -2.69M | -24.76M | -2.74M | -1.02M | -8.88M | -1.14M | -6.33M |
Income before tax | 347.90M | 291.14M | 304.93M | 243.35M | 102.13M | 84.02M | 77.16M | 54.79M | 47.18M |
Income tax expense | 68.67M | 71.42M | 77.82M | 62.82M | 24.80M | 21.15M | 22.47M | 21.66M | 18.79M |
Net income | 279.23M | 219.72M | 227.10M | 180.53M | 77.32M | 62.87M | 54.68M | 33.12M | 28.38M |
Earnings per share | |||||||||
Basic EPS | 5.66 | 4.49 | 4.78 | 3.85 | 1.58 | 1.46 | 1.52 | 0.98 | 0.9 |
Diluted EPS | 5.64 | 4.47 | 4.76 | 3.85 | 1.58 | 1.46 | 1.52 | 0.98 | 0.9 |
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