MBINM.PFD (Merchants Bancorp) Tax Rate % : 25.19% (As of Dec. 2024)

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What is Merchants Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Merchants Bancorp's Tax Expense for the three months ended in Dec. 2024 was $32.21 Mil. Merchants Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was $127.88 Mil. Therefore, Merchants Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 25.19%.

Merchants Bancorp Tax Rate % Historical Data

The historical data trend for Merchants Bancorp's Tax Rate % 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 Bancorp Tax Rate % Chart

Merchants Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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25.82

25.52

24.53

19.74

24.19

Merchants Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															22.10	23.83	22.93	24.68	25.19

Merchants Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Merchants Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	102.256	/	422.642
	=	24.19 %

Merchants Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	32.212	/	127.878
	=	25.19 %

Merchants Bancorp Tax Rate % Related Terms

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Merchants Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Bancorp (NAS:MBINM.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MBINN.PFD:USA MBIN:USA 3KD:Germany

Address

410 Monon Boulevard, Carmel, IN, USA, 46032

Website

https://www.merchantsbankofindiana.com

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, and 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 the Banking segment, which generates maximum revenue, and provides various financial products and services to consumers and businesses.