GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Bancorp (NAS:MBINO.PFD) » Definitions » Pre-Tax Income

Merchants Bancorp (Merchants Bancorp) Pre-Tax Income : $388.88 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Merchants Bancorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Merchants Bancorp's pretax income for the three months ended in Mar. 2024 was $114.29 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $388.88 Mil. Merchants Bancorp's pretax margin was 68.45%.

During the past 9 years, Merchants Bancorp's highest Pretax Margin was 71.30%. The lowest was 61.95%. And the median was 70.03%.


Merchants Bancorp Pre-Tax Income Historical Data

The historical data trend for Merchants Bancorp's Pre-Tax Income 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 Pre-Tax Income Chart

Merchants Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only 102.13 243.36 304.93 291.14 347.91

Merchants Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 73.32 68.58 106.56 99.45 114.29

Competitive Comparison of Merchants Bancorp's Pre-Tax Income

For the Banks - Regional subindustry, Merchants Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merchants Bancorp's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Merchants Bancorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Merchants Bancorp's Pre-Tax Income falls into.



Merchants Bancorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Merchants Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+347.907
=347.91

Merchants Bancorp's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+114.292
=114.29

Pre-Tax Income 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 $388.88 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  (NAS:MBINO.PFD) Pre-Tax Income Explanation

Merchants Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=114.292/166.974
=68.45%

During the past 9 years, Merchants Bancorp's highest Pretax Margin was 71.30%. The lowest was 61.95%. And the median was 70.03%.

* 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 Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Merchants Bancorp's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Merchants Bancorp (Merchants Bancorp) Headlines