Merchants Bancorp Past Earnings Performance
Past criteria checks 5/6
Merchants Bancorp has been growing earnings at an average annual rate of 24.1%, while the Diversified Financial industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 23.2% per year. Merchants Bancorp's return on equity is 17.5%, and it has net margins of 47.9%.
Key information
24.1%
Earnings growth rate
24.0%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 23.2% |
| Return on equity | 17.5% |
| Net Margin | 47.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Merchants Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 578 | 277 | 146 | 0 |
| 31 Dec 23 | 523 | 245 | 137 | 0 |
| 30 Sep 23 | 482 | 224 | 125 | 0 |
| 30 Jun 23 | 445 | 204 | 120 | 0 |
| 31 Mar 23 | 437 | 196 | 114 | 0 |
| 31 Dec 22 | 427 | 194 | 112 | 0 |
| 30 Sep 22 | 426 | 195 | 114 | 0 |
| 30 Jun 22 | 421 | 195 | 109 | 0 |
| 31 Mar 22 | 414 | 192 | 104 | 0 |
| 31 Dec 21 | 430 | 206 | 103 | 0 |
| 30 Sep 21 | 428 | 213 | 91 | 0 |
| 30 Jun 21 | 421 | 212 | 87 | 0 |
| 31 Mar 21 | 399 | 203 | 79 | 0 |
| 31 Dec 20 | 340 | 166 | 72 | 0 |
| 30 Sep 20 | 290 | 136 | 65 | 0 |
| 30 Jun 20 | 232 | 102 | 57 | 0 |
| 31 Mar 20 | 194 | 79 | 54 | 0 |
| 31 Dec 19 | 165 | 68 | 48 | 0 |
| 30 Sep 19 | 144 | 56 | 47 | 0 |
| 30 Jun 19 | 137 | 55 | 45 | 0 |
| 31 Mar 19 | 132 | 55 | 42 | 0 |
| 31 Dec 18 | 135 | 60 | 39 | 0 |
| 30 Sep 18 | 130 | 64 | 35 | 0 |
| 30 Jun 18 | 121 | 58 | 32 | 0 |
| 31 Mar 18 | 120 | 57 | 29 | 0 |
| 31 Dec 17 | 112 | 51 | 26 | 0 |
| 30 Sep 17 | 101 | 40 | 23 | 0 |
| 30 Jun 17 | 102 | 41 | 21 | 0 |
| 31 Mar 17 | 89 | 34 | 19 | 0 |
| 31 Dec 16 | 82 | 31 | 18 | 0 |
| 31 Dec 15 | 68 | 28 | 15 | 0 |
Quality Earnings: 3KD has high quality earnings.
Growing Profit Margin: 3KD's current net profit margins (47.9%) are higher than last year (44.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3KD's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: 3KD's earnings growth over the past year (41.4%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: 3KD earnings growth over the past year (41.4%) exceeded the Diversified Financial industry -1.4%.
Return on Equity
High ROE: 3KD's Return on Equity (17.5%) is considered low.