Merchants Bancorp (MBIN) quarterly income statement — complete revenue, gross profit & net income history
| Net Interest Income | 128.65M | 138.09M | 128.06M | 128.72M | 122.2M | 134.62M | 132.82M | 128.12M | 127.06M | 124.33M | 117.44M | 105.62M |
| NII Growth % | 5.28% | 2.57% | -3.59% | 0.47% | -3.83% | 8.28% | 13.1% | 21.31% | 26.18% | 30.31% | 37.54% | 46.63% |
| Net Interest Margin % | 0.63% | 0.71% | 0.66% | 0.67% | 0.65% | 0.72% | 0.71% | 0.7% | 0.71% | 0.73% | 0.71% | 0.67% |
| Interest Income | 270.51M | 307.47M | 301.78M | 304.4M | 287.2M | 321.35M | 338.93M | 328.27M | 314.17M | 311.76M | 296.68M | 258.07M |
| Interest Expense | 141.86M | 169.38M | 173.72M | 175.68M | 165.01M | 186.72M | 206.11M | 200.15M | 187.12M | 187.43M | 179.24M | 152.45M |
| Loan Loss Provision | 15.3M | 27.76M | 29.24M | 53.03M | 7.73M | 2.69M | 6.9M | 9.96M | 4.73M | 6.75M | 4.01M | 22.6M |
| Non-Interest Income | 46.6M | 47.2M | 41.75M | 49.34M | 22.89M | 58.44M | 15.63M | 30.36M | 39.92M | 33.79M | 35.03M | 28.98M |
| Non-Interest Income % | 14.69% | 13.31% | 12.15% | 13.95% | 7.38% | 15.39% | 4.41% | 8.46% | 11.27% | 9.78% | 10.56% | 10.09% |
| Total Revenue | 317.11M | 354.67M | 343.53M | 353.74M | 310.1M | 379.79M | 354.56M | 358.63M | 354.09M | 345.55M | 331.71M | 287.04M |
| Revenue Growth % | 2.26% | -6.61% | -3.11% | -1.36% | -12.42% | 9.91% | 6.89% | 24.94% | 57.55% | 69.94% | 104.67% | 125.56% |
| Non-Interest Expense | 75.64M | 83.64M | 75.99M | 76.19M | 60.87M | 62.5M | 60.2M | 49.39M | 47.96M | 51.92M | 41.89M | 43.41M |
| Efficiency Ratio | 23.85% | 23.58% | 22.12% | 21.54% | 19.63% | 16.46% | 16.98% | 13.77% | 13.54% | 15.02% | 12.63% | 15.12% |
| Operating Income | 84.31M | 73.88M | 64.58M | 48.84M | 76.5M | 127.88M | 81.35M | 99.13M | 114.29M | 99.45M | 106.56M | 68.58M |
| Operating Margin % | 26.59% | 20.83% | 18.8% | 13.81% | 24.67% | 33.67% | 22.94% | 27.64% | 32.28% | 28.78% | 32.12% | 23.89% |
| Operating Income Growth % | 10.21% | -42.22% | -20.61% | -50.73% | -33.07% | 28.58% | -23.66% | 44.55% | 55.89% | 32.82% | 37.68% | -4.8% |
| Pretax Income | 84.31M | 73.88M | 64.58M | 48.84M | 76.5M | 127.88M | 81.35M | 99.13M | 114.29M | 99.45M | 106.56M | 68.58M |
| Pretax Margin % | 26.59% | 20.83% | 18.8% | 13.81% | 24.67% | 33.67% | 22.94% | 27.64% | 32.28% | 28.78% | 32.12% | 23.89% |
| Income Tax | 16.57M | 6.04M | 9.88M | 10.85M | 18.26M | 32.21M | 20.07M | 22.73M | 27.24M | 21.98M | 25.06M | 3.27M |
| Effective Tax Rate % | 19.66% | 8.17% | 15.3% | 22.23% | 23.87% | 25.19% | 24.68% | 22.93% | 23.83% | 22.1% | 23.51% | 4.77% |
| Net Income | 67.73M | 67.85M | 54.7M | 37.98M | 58.24M | 95.67M | 61.27M | 76.39M | 87.05M | 77.47M | 81.5M | 65.3M |
| Net Margin % | 21.36% | 19.13% | 15.92% | 10.74% | 18.78% | 25.19% | 17.28% | 21.3% | 24.59% | 22.42% | 24.57% | 22.75% |
| Net Income Growth % | 16.3% | -29.08% | -10.73% | -50.28% | -33.1% | 23.48% | -24.82% | 16.98% | 58.41% | 35.55% | 39.35% | 21.08% |
| Net Income (Continuing) | 67.73M | 67.85M | 54.7M | 37.98M | 58.24M | 95.67M | 61.27M | 76.39M | 87.05M | 77.47M | 81.5M | 65.3M |
| EPS (Diluted) | 1.25 | 1.28 | 0.97 | 0.60 | 0.93 | 1.85 | 1.17 | 1.49 | 1.80 | 1.58 | 1.68 | 1.31 |
| EPS Growth % | 34.41% | -30.81% | -17.09% | -59.73% | -48.33% | 17.09% | -30.36% | 13.74% | 68.22% | 41.07% | 37.7% | 18.02% |
| EPS (Basic) | 1.25 | 1.28 | 0.97 | 0.60 | 0.93 | 1.86 | 1.17 | 1.50 | 1.81 | 1.59 | 1.68 | 1.31 |
| Diluted Shares Outstanding | 46M | 45.98M | 45.93M | 45.93M | 45.91M | 45.92M | 45.91M | 44.7M | 43.47M | 43.43M | 43.35M | 43.31M |