| Name | Value |
|---|---|
| Revenues | 354.1M |
| Cost of Revenue | 191.8M |
| Gross Profit | 162.2M |
| Operating Expense | 48.0M |
| Operating I/L | 114.3M |
| Other Income/Expense | 0.0M |
| Interest Income | 314.2M |
| Pretax | 114.3M |
| Income Tax Expense | 27.2M |
| Net Income/Loss | 87.1M |
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 specializes in government-sponsored mortgages for multi-family and healthcare facilities, offering customized loan products and serving as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans and commercial loans to non-depository financial institutions. The Banking segment provides a wide range of financial products and services to consumers and businesses, including deposit products, multi-family construction and bridge, commercial real estate, and consumer loan products.