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Merchants Bancorp (Merchants Bancorp) Other Noninterest Expense : $53.02 Mil (As of Mar. 2024)


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What is Merchants Bancorp Other Noninterest Expense?

Merchants Bancorp's other noninterest expense for the three months ended in Mar. 2024 was $13.24 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $53.02 Mil.


Merchants Bancorp Other Noninterest Expense Historical Data

The historical data trend for Merchants Bancorp's Other Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Merchants Bancorp Other Noninterest Expense Chart

Merchants Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Noninterest Expense
Get a 7-Day Free Trial Premium Member Only 17.94 22.34 29.31 38.80 49.43

Merchants Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.64 13.88 11.27 14.63 13.24

Merchants Bancorp Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.02 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Merchants Bancorp (Merchants Bancorp) Business Description

Address
410 Monon Boulevard, Carmel, IN, USA, 46032
Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.