MERCHANTS BANCORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 |
|---|---|---|---|
| Revenue | $114.3M | $82.5M | $69.1M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $105.0M | $73.8M | $61.5M |
| Operating Margin | 91.8% | 89.4% | 89.0% |
| Interest Expense | $27.8M | $19.0M | $14.3M |
| Pretax Income | $77.2M | $54.8M | $47.2M |
| Income Tax Expense | $22.5M | $21.7M | $18.8M |
| Net Income | $54.7M | $33.1M | $28.4M |
| Net Margin | 47.9% | 40.2% | 41.1% |
| EPS (Basic) | $2.28 | $1.47 | $1.35 |
| EPS (Diluted) | $2.28 | $1.47 | $1.35 |
| Shares Outstanding (Basic) | 22.6M | 21.1M | 21.1M |
| Shares Outstanding (Diluted) | 22.6M | 21.1M | 21.1M |
| Dividends Per Share | $0.20 | $0.20 | $0.20 |