Financial Statements

Merchants Bancorp (MBIN)

$41.59

+0.31 (+0.75%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 657462305245-
Net Income 2202271817760
Stock Dividends -6-0-0-196
Dividend Paid -38-31-24-17-10
Retained Earnings 833657462305245

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 31302915-
Annual Depreciation 13542831
Capital Expenditure -9-4-4-14-16
Net PPE 3531302915

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -17161616
New Purchases -51-649-601-232-1,319
Intangible and Goodwill 1716161616

Merchants Bancorp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Merchants Bancorp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.