Company / Income Tax
Merchants Bancorp Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$45.0M
FY2025
5-year range
$45.0M / $102.3M
FY2021-FY2025
Trend
-56.0%
vs FY2024
Sector context
#213 of 392
Financials
What the data says
At $45M, Merchants Bancorp's income tax ranks #180 of 392 in the Financials sector. Income Tax has fluctuated over the past 10 years, ranging from $21M in FY2018 to $102M in FY2024.
Based on SEC 10-K filings.
$45M in FY2025 with a 5-year CAGR of -6.4%.
Improved from $69M to $45M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -14.3%
- 5-Year CAGR
- -6.4%
- 10-Year CAGR
- -
Sector benchmark
#180 of 392 in FinancialsTop 46% of 392This company $45.0M Sector average $321.5M
▼
-86.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -6.4%, indicating a declining trend.
- In FY2025, income tax decreased 56.0% year-over-year.
- Ranks #213 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $45.0M | -56.0% |
| FY2024 | $102.3M | +48.9% |
| FY2023 | $68.7M | -3.8% |
| FY2022 | $71.4M | -8.2% |
| FY2021 | $77.8M | +23.9% |
| FY2020 | $62.8M | +153.3% |
| FY2019 | $24.8M | +17.3% |
| FY2018 | $21.2M | -5.9% |
| FY2017 | $22.5M | +3.7% |
| FY2016 | $21.7M | +15.3% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026