US Stock MarketDetailed Quotes

MBIN Merchants Bancorp

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  • 40.810
  • -2.050-4.78%
Close Aug 2 16:00 ET
1.87BMarket Cap6.23P/E (TTM)

Merchants Bancorp Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
(FY)Dec 31, 2023
(Q4)Dec 31, 2023
(Q3)Sep 30, 2023
(Q2)Jun 30, 2023
(Q1)Mar 31, 2023
(FY)Dec 31, 2022
(Q4)Dec 31, 2022
(Q3)Sep 30, 2022
Total revenue
17.75%158.48M
46.27%166.97M
27.18%559.33M
34.79%158.12M
34.51%152.47M
22.34%134.59M
15.18%114.15M
2.83%439.78M
5.18%117.31M
5.52%113.35M
Net interest income
21.31%128.12M
26.18%127.06M
40.66%448.07M
30.31%124.33M
37.54%117.44M
46.63%105.62M
53.20%100.69M
14.59%318.55M
31.16%95.41M
23.96%85.39M
-Net interest income
27.20%328.27M
48.69%314.17M
124.15%1.08B
71.83%311.76M
121.22%296.68M
189.09%258.07M
177.97%211.29M
54.17%480.83M
119.70%181.44M
73.46%134.11M
-Interest income from loans and lease
23.98%287.47M
43.23%273.72M
111.21%972.37M
67.59%280.27M
105.04%269.14M
165.15%231.86M
156.71%191.1M
50.17%460.38M
106.13%167.23M
73.19%131.26M
-Interest income from securities
53.60%35.86M
93.82%35.75M
471.69%93.81M
124.40%27.84M
1,218.48%24.18M
1,843.88%23.35M
1,801.75%18.45M
265.21%16.41M
939.73%12.4M
39.26%1.83M
-Other interest income
72.77%4.95M
168.78%4.7M
187.41%11.62M
103.05%3.66M
230.15%3.35M
357.51%2.86M
191.01%1.75M
394.98%4.04M
590.42%1.8M
395.12%1.02M
-Total interest expense
31.29%200.15M
69.18%187.12M
288.04%629.73M
117.87%187.43M
267.85%179.24M
784.34%152.45M
975.15%110.6M
378.82%162.28M
774.10%86.03M
477.81%48.73M
-Interest expense for deposit
30.37%179.65M
63.75%171.02M
285.72%577.21M
112.26%172.06M
262.00%162.91M
833.11%137.8M
1,085.09%104.44M
429.60%149.65M
854.57%81.06M
544.64%45M
-Interest expense for long term debt and capital securities
39.94%20.5M
161.32%16.1M
315.58%52.52M
209.50%15.37M
338.50%16.33M
492.92%14.65M
317.84%6.16M
124.22%12.64M
267.93%4.97M
156.54%3.73M
Non interest income
4.77%30.36M
196.57%39.92M
-8.23%111.26M
54.31%33.79M
25.29%35.03M
-23.72%28.98M
-59.68%13.46M
-19.00%121.23M
-43.55%21.9M
-27.45%27.96M
-Fees and commissions
0.84%14.59M
551.50%24.73M
6.10%42.85M
-41.90%4.01M
84.98%20.57M
27.24%14.47M
-65.47%3.8M
46.21%40.38M
-22.32%6.9M
76.22%11.12M
-Other non interest income
45.77%4.6M
102.63%5.94M
21.14%20.23M
179.58%10.45M
6.17%3.7M
-37.54%3.16M
-33.82%2.93M
56.36%16.7M
189.16%3.74M
8.47%3.49M
-Gain loss on sale of assets
-1.60%11.17M
37.35%9.25M
-24.89%48.18M
71.67%19.34M
-19.44%10.76M
-47.37%11.35M
-62.52%6.73M
-42.40%64.15M
-60.63%11.27M
-53.97%13.35M
Credit losses provision
55.91%-9.97M
31.18%-4.73M
-132.62%-40.23M
-5.31%-6.75M
-80.40%-4.01M
-263.86%-22.6M
-180.17%-6.87M
-245.07%-17.3M
-147.85%-6.41M
-106.21%-2.23M
Non interest expense
13.76%49.39M
41.18%47.96M
30.34%171.19M
44.11%51.92M
24.22%41.89M
36.63%43.41M
13.90%33.97M
11.57%131.35M
-0.39%36.03M
21.58%33.73M
Occupancy and equipment
-8.84%2.24M
0.22%2.24M
12.87%9.22M
-1.72%2.34M
11.64%2.2M
22.13%2.46M
23.04%2.23M
10.92%8.17M
14.89%2.38M
5.70%1.97M
Professional expense and contract services expense
-4.49%3.56M
80.65%4.1M
40.14%12.7M
11.18%4.16M
5.19%2.56M
133.56%3.72M
74.14%2.27M
67.04%9.07M
12.45%3.74M
169.59%2.43M
Selling and administrative expenses
14.97%33.95M
42.74%34.72M
31.57%121.76M
58.21%37.29M
28.75%30.62M
27.59%29.53M
10.30%24.32M
4.67%92.55M
-9.67%23.57M
14.00%23.78M
-General and administrative expense
14.97%33.95M
42.74%34.72M
31.57%121.76M
58.21%37.29M
28.75%30.62M
27.59%29.53M
10.30%24.32M
4.67%92.55M
-9.67%23.57M
14.00%23.78M
Other non-interest expense
25.13%9.64M
34.14%6.9M
27.54%27.51M
28.30%8.14M
17.56%6.52M
53.37%7.7M
10.53%5.14M
30.55%21.57M
35.48%6.34M
34.80%5.55M
Income from associates and other participating interests
Special income (charges)
Other non-operating income (expenses)
Income before tax
44.55%99.13M
55.89%114.29M
19.50%347.91M
32.82%99.45M
37.68%106.56M
-4.80%68.58M
9.70%73.32M
-4.52%291.14M
2.88%74.88M
-1.53%77.4M
Income tax
594.32%22.73M
48.33%27.24M
-3.85%68.67M
24.04%21.98M
32.52%25.06M
-81.91%3.27M
9.98%18.36M
-8.23%71.42M
0.78%17.72M
-5.93%18.91M
Earnings from equity interest net of tax
Net income
16.98%76.39M
58.41%87.05M
27.09%279.23M
35.55%77.47M
39.35%81.5M
21.08%65.3M
9.60%54.96M
-3.25%219.72M
3.54%57.16M
-0.03%58.49M
Net Income continuous operations
16.98%76.39M
58.41%87.05M
27.09%279.23M
35.55%77.47M
39.35%81.5M
21.08%65.3M
9.60%54.96M
-3.25%219.72M
3.54%57.16M
-0.03%58.49M
Minority interest income
Net income attributable to the parent company
16.98%76.39M
58.41%87.05M
27.09%279.23M
35.55%77.47M
39.35%81.5M
21.08%65.3M
9.60%54.96M
-3.25%219.72M
3.54%57.16M
-0.03%58.49M
Preferred stock dividends
-10.51%7.76M
0.00%8.67M
33.43%34.67M
-1.48%8.67M
51.30%8.67M
51.30%8.67M
51.31%8.67M
24.48%25.98M
53.58%8.8M
0.00%5.73M
Other preferred stock dividend
1.82M
Net income attributable to common stockholders
17.97%66.81M
69.35%78.39M
26.23%244.56M
42.28%68.81M
38.05%72.84M
17.48%56.63M
4.22%46.29M
-6.06%193.74M
-2.25%48.36M
-0.03%52.76M
Basic earnings per share
14.50%1.5
69.16%1.81
26.06%5.66
41.96%1.59
37.70%1.68
16.96%1.31
3.88%1.07
-6.07%4.49
-2.25%1.12
0.00%1.22
Diluted earnings per share
13.74%1.49
68.22%1.8
26.17%5.64
41.07%1.58
37.70%1.68
18.02%1.31
4.90%1.07
-6.09%4.47
-1.75%1.12
0.00%1.22
Dividend per share
12.50%0.09
12.50%0.09
14.29%0.32
14.29%0.08
14.29%0.08
14.29%0.08
14.29%0.08
16.67%0.28
16.67%0.07
16.67%0.07
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
--
Unqualified Opinion with Explanatory Notes
--
--
--
--
Unqualified Opinion with Explanatory Notes
--
--
(Q2)Jun 30, 2024(Q1)Mar 31, 2024(FY)Dec 31, 2023(Q4)Dec 31, 2023(Q3)Sep 30, 2023(Q2)Jun 30, 2023(Q1)Mar 31, 2023(FY)Dec 31, 2022(Q4)Dec 31, 2022(Q3)Sep 30, 2022
Total revenue 17.75%158.48M46.27%166.97M27.18%559.33M34.79%158.12M34.51%152.47M22.34%134.59M15.18%114.15M2.83%439.78M5.18%117.31M5.52%113.35M
Net interest income 21.31%128.12M26.18%127.06M40.66%448.07M30.31%124.33M37.54%117.44M46.63%105.62M53.20%100.69M14.59%318.55M31.16%95.41M23.96%85.39M
-Net interest income 27.20%328.27M48.69%314.17M124.15%1.08B71.83%311.76M121.22%296.68M189.09%258.07M177.97%211.29M54.17%480.83M119.70%181.44M73.46%134.11M
-Interest income from loans and lease 23.98%287.47M43.23%273.72M111.21%972.37M67.59%280.27M105.04%269.14M165.15%231.86M156.71%191.1M50.17%460.38M106.13%167.23M73.19%131.26M
-Interest income from securities 53.60%35.86M93.82%35.75M471.69%93.81M124.40%27.84M1,218.48%24.18M1,843.88%23.35M1,801.75%18.45M265.21%16.41M939.73%12.4M39.26%1.83M
-Other interest income 72.77%4.95M168.78%4.7M187.41%11.62M103.05%3.66M230.15%3.35M357.51%2.86M191.01%1.75M394.98%4.04M590.42%1.8M395.12%1.02M
-Total interest expense 31.29%200.15M69.18%187.12M288.04%629.73M117.87%187.43M267.85%179.24M784.34%152.45M975.15%110.6M378.82%162.28M774.10%86.03M477.81%48.73M
-Interest expense for deposit 30.37%179.65M63.75%171.02M285.72%577.21M112.26%172.06M262.00%162.91M833.11%137.8M1,085.09%104.44M429.60%149.65M854.57%81.06M544.64%45M
-Interest expense for long term debt and capital securities 39.94%20.5M161.32%16.1M315.58%52.52M209.50%15.37M338.50%16.33M492.92%14.65M317.84%6.16M124.22%12.64M267.93%4.97M156.54%3.73M
Non interest income 4.77%30.36M196.57%39.92M-8.23%111.26M54.31%33.79M25.29%35.03M-23.72%28.98M-59.68%13.46M-19.00%121.23M-43.55%21.9M-27.45%27.96M
-Fees and commissions 0.84%14.59M551.50%24.73M6.10%42.85M-41.90%4.01M84.98%20.57M27.24%14.47M-65.47%3.8M46.21%40.38M-22.32%6.9M76.22%11.12M
-Other non interest income 45.77%4.6M102.63%5.94M21.14%20.23M179.58%10.45M6.17%3.7M-37.54%3.16M-33.82%2.93M56.36%16.7M189.16%3.74M8.47%3.49M
-Gain loss on sale of assets -1.60%11.17M37.35%9.25M-24.89%48.18M71.67%19.34M-19.44%10.76M-47.37%11.35M-62.52%6.73M-42.40%64.15M-60.63%11.27M-53.97%13.35M
Credit losses provision 55.91%-9.97M31.18%-4.73M-132.62%-40.23M-5.31%-6.75M-80.40%-4.01M-263.86%-22.6M-180.17%-6.87M-245.07%-17.3M-147.85%-6.41M-106.21%-2.23M
Non interest expense 13.76%49.39M41.18%47.96M30.34%171.19M44.11%51.92M24.22%41.89M36.63%43.41M13.90%33.97M11.57%131.35M-0.39%36.03M21.58%33.73M
Occupancy and equipment -8.84%2.24M0.22%2.24M12.87%9.22M-1.72%2.34M11.64%2.2M22.13%2.46M23.04%2.23M10.92%8.17M14.89%2.38M5.70%1.97M
Professional expense and contract services expense -4.49%3.56M80.65%4.1M40.14%12.7M11.18%4.16M5.19%2.56M133.56%3.72M74.14%2.27M67.04%9.07M12.45%3.74M169.59%2.43M
Selling and administrative expenses 14.97%33.95M42.74%34.72M31.57%121.76M58.21%37.29M28.75%30.62M27.59%29.53M10.30%24.32M4.67%92.55M-9.67%23.57M14.00%23.78M
-General and administrative expense 14.97%33.95M42.74%34.72M31.57%121.76M58.21%37.29M28.75%30.62M27.59%29.53M10.30%24.32M4.67%92.55M-9.67%23.57M14.00%23.78M
Other non-interest expense 25.13%9.64M34.14%6.9M27.54%27.51M28.30%8.14M17.56%6.52M53.37%7.7M10.53%5.14M30.55%21.57M35.48%6.34M34.80%5.55M
Income from associates and other participating interests
Special income (charges)
Other non-operating income (expenses)
Income before tax 44.55%99.13M55.89%114.29M19.50%347.91M32.82%99.45M37.68%106.56M-4.80%68.58M9.70%73.32M-4.52%291.14M2.88%74.88M-1.53%77.4M
Income tax 594.32%22.73M48.33%27.24M-3.85%68.67M24.04%21.98M32.52%25.06M-81.91%3.27M9.98%18.36M-8.23%71.42M0.78%17.72M-5.93%18.91M
Earnings from equity interest net of tax
Net income 16.98%76.39M58.41%87.05M27.09%279.23M35.55%77.47M39.35%81.5M21.08%65.3M9.60%54.96M-3.25%219.72M3.54%57.16M-0.03%58.49M
Net Income continuous operations 16.98%76.39M58.41%87.05M27.09%279.23M35.55%77.47M39.35%81.5M21.08%65.3M9.60%54.96M-3.25%219.72M3.54%57.16M-0.03%58.49M
Minority interest income
Net income attributable to the parent company 16.98%76.39M58.41%87.05M27.09%279.23M35.55%77.47M39.35%81.5M21.08%65.3M9.60%54.96M-3.25%219.72M3.54%57.16M-0.03%58.49M
Preferred stock dividends -10.51%7.76M0.00%8.67M33.43%34.67M-1.48%8.67M51.30%8.67M51.30%8.67M51.31%8.67M24.48%25.98M53.58%8.8M0.00%5.73M
Other preferred stock dividend 1.82M
Net income attributable to common stockholders 17.97%66.81M69.35%78.39M26.23%244.56M42.28%68.81M38.05%72.84M17.48%56.63M4.22%46.29M-6.06%193.74M-2.25%48.36M-0.03%52.76M
Basic earnings per share 14.50%1.569.16%1.8126.06%5.6641.96%1.5937.70%1.6816.96%1.313.88%1.07-6.07%4.49-2.25%1.120.00%1.22
Diluted earnings per share 13.74%1.4968.22%1.826.17%5.6441.07%1.5837.70%1.6818.02%1.314.90%1.07-6.09%4.47-1.75%1.120.00%1.22
Dividend per share 12.50%0.0912.50%0.0914.29%0.3214.29%0.0814.29%0.0814.29%0.0814.29%0.0816.67%0.2816.67%0.0716.67%0.07
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions ----Unqualified Opinion with Explanatory Notes--------Unqualified Opinion with Explanatory Notes----

Analysis

Analyst Rating

No Data

Price Target

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