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MFGI (Merchants Financial Group) Pre-Tax Income : $5.16 Mil (TTM As of Sep. 2024)


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What is Merchants Financial Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Merchants Financial Group's pretax income for the three months ended in Sep. 2024 was $5.16 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $5.16 Mil. Merchants Financial Group's pretax margin was 18.11%.

During the past 4 years, Merchants Financial Group's highest Pretax Margin was 35.98%. The lowest was 18.11%. And the median was 30.90%.


Merchants Financial Group Pre-Tax Income Historical Data

The historical data trend for Merchants Financial Group'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.

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Merchants Financial Group Pre-Tax Income Chart

Merchants Financial Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
27.63 29.19 39.17 40.99

Merchants Financial Group Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.79 8.78 8.44 - 5.16

Competitive Comparison of Merchants Financial Group's Pre-Tax Income

For the Banks - Regional subindustry, Merchants Financial Group'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 Financial Group's Pre-Tax Income Distribution in the Banks Industry

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

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


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Merchants Financial Group Pre-Tax Income Calculation

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

Merchants Financial Group's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Other
=0+40.994
=40.99

Merchants Financial Group's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+5.16
=5.16

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.16 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 Financial Group  (OTCPK:MFGI) Pre-Tax Income Explanation

Merchants Financial Group's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=5.16/28.487
=18.11%

During the past 4 years, Merchants Financial Group's highest Pretax Margin was 35.98%. The lowest was 18.11%. And the median was 30.90%.

* 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 Financial Group Pre-Tax Income Related Terms

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Merchants Financial Group Business Description

Traded in Other Exchanges
N/A
Address
102 East Third Street, Winona, MN, USA, 55987
Merchants Financial Group Inc is a bank holding company with one wholly-owned bank subsidiary, Merchants Bank, National Association. It provides retail, commercial loan, and deposit services principally to customers within a radius of its locations. The Bank has a leasing division, Merchants Bank Equipment Finance, which operates in the Minneapolis-St. Paul, Minnesota, metropolitan area.

Merchants Financial Group Headlines

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