| Name | Value |
|---|---|
| Revenues | 346.2M |
| Cost of Revenue | 0.0M |
| Gross Profit | 346.2M |
| Operating Expense | 17.0M |
| Operating I/L | 329.2M |
| Other Income/Expense | 357.5M |
| Interest Income | 311.8M |
| Pretax | 99.5M |
| Income Tax Expense | 22.0M |
| Net Income/Loss | 77.5M |
Merchants Bancorp is a diversified bank holding company in the United States, operating through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities, offering customized loan products for various projects. The Mortgage Warehousing segment funds agency eligible residential loans and commercial loans to non-depository financial institutions. The Banking segment provides a range of financial products and services to consumers and businesses, including deposit products, multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products.