| Name | Value |
|---|---|
| Revenues | 310.1M |
| Cost of Revenue | 172.7M |
| Gross Profit | 137.4M |
| Operating Expense | 60.9M |
| Operating I/L | 76.5M |
| Other Income/Expense | 0.0M |
| Interest Income | 287.2M |
| Pretax | 76.5M |
| Income Tax Expense | 18.3M |
| Net Income/Loss | 58.2M |
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.