Merchants Bancorp Past Earnings Performance
Past criteria checks 3/6
Merchants Bancorp has been growing earnings at an average annual rate of 20.2%, while the Diversified Financial industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 20.2% per year. Merchants Bancorp's return on equity is 15.6%, and it has net margins of 44%.
Key information
20.2%
Earnings growth rate
19.9%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 20.2% |
| Return on equity | 15.6% |
| Net Margin | 44.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
If EPS Growth Is Important To You, Merchants Bancorp (NASDAQ:MBIN) Presents An Opportunity
Sep 27
Merchants Bancorp (NASDAQ:MBIN) Will Pay A Larger Dividend Than Last Year At $0.09
Mar 10Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.09
Feb 22Moon Capital - Merchants Bancorp: The Bank You've Never Heard Of
Feb 08Merchants Bancorp (NASDAQ:MBIN) Is Paying Out A Dividend Of $0.08
Dec 13Merchants Bancorp (NASDAQ:MBIN) Is Due To Pay A Dividend Of $0.08
Sep 05Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
Aug 22Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
May 23Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Feb 21Merchants Bancorp: Attractively Valued, Earnings Likely To Grow Next Year
Oct 14Merchants Bancorp prices underwritten public offering of 5.2M depositary shares
Sep 23Revenue & 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 |
|---|---|---|---|---|
| 30 Sep 24 | 607 | 268 | 158 | 0 |
| 30 Jun 24 | 614 | 287 | 149 | 0 |
| 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: MBIN has high quality earnings.
Growing Profit Margin: MBIN's current net profit margins (44%) are lower than last year (46.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBIN's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: MBIN's earnings growth over the past year (19.4%) is below its 5-year average (20.2% per year).
Earnings vs Industry: MBIN earnings growth over the past year (19.4%) exceeded the Diversified Financial industry 14.6%.
Return on Equity
High ROE: MBIN's Return on Equity (15.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 08:04 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Merchants Bancorp is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manan Gosalia | Morgan Stanley |
| Nathan Race | Piper Sandler Companies |
| David Feaster | Raymond James & Associates |