earnings
confidence high
sentiment neutral
materiality 0.70
Merchants Bancorp Q4 net income $57.2M (+4% YoY); FY22 EPS $4.47 (-6% YoY)
Merchants Bancorp
2022-FY EPS reported
$4.47
- Full-year 2022 net income $219.7M (-3% vs 2021); diluted EPS $4.47 (-6% vs 2021).
- Total assets $12.6B (+12% YoY); loans net $7.4B (+29% YoY).
- Q4 2022 net interest margin 3.13% vs 2.70% Q4 2021; efficiency ratio 31.3% vs 33.3%.
- Tangible book value per share $21.88 (+22% YoY).
- Completed $284M multi-family loan securitization via Freddie Mac Q-Series on Nov 3, 2022.